Pre managed earnings benchmarks and earnings management of Australian firms

This study investigates benchmark beating behaviour and circumstances under which managers inflate earnings to beat earnings benchmarks. We show that two benchmarks, positive earnings and positive earnings change, are associated with earnings manipulation. Using a sample of Australian firms from 200...

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Main Authors: Sun, L., Rath, Subhrendu
Format: Journal Article
Published: University of Wollongong, School of Accounting and Finance 2012
Subjects:
Online Access:http://ro.uow.edu.au/aabfj/vol6/iss1/11
http://hdl.handle.net/20.500.11937/17231
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author Sun, L.
Rath, Subhrendu
author_facet Sun, L.
Rath, Subhrendu
author_sort Sun, L.
building Curtin Institutional Repository
collection Online Access
description This study investigates benchmark beating behaviour and circumstances under which managers inflate earnings to beat earnings benchmarks. We show that two benchmarks, positive earnings and positive earnings change, are associated with earnings manipulation. Using a sample of Australian firms from 2000 to 2006, we find that when the underlying earnings are negative or below prior year’s earnings, firms are more likely to use discretionary accruals to inflate earnings to beat benchmarks.
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format Journal Article
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institution Curtin University Malaysia
institution_category Local University
last_indexed 2025-11-14T07:20:28Z
publishDate 2012
publisher University of Wollongong, School of Accounting and Finance
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spelling curtin-20.500.11937-172312017-05-30T08:05:44Z Pre managed earnings benchmarks and earnings management of Australian firms Sun, L. Rath, Subhrendu earnings management Benchmark beating pre-managed earnings This study investigates benchmark beating behaviour and circumstances under which managers inflate earnings to beat earnings benchmarks. We show that two benchmarks, positive earnings and positive earnings change, are associated with earnings manipulation. Using a sample of Australian firms from 2000 to 2006, we find that when the underlying earnings are negative or below prior year’s earnings, firms are more likely to use discretionary accruals to inflate earnings to beat benchmarks. 2012 Journal Article http://hdl.handle.net/20.500.11937/17231 http://ro.uow.edu.au/aabfj/vol6/iss1/11 University of Wollongong, School of Accounting and Finance fulltext
spellingShingle earnings management
Benchmark beating
pre-managed earnings
Sun, L.
Rath, Subhrendu
Pre managed earnings benchmarks and earnings management of Australian firms
title Pre managed earnings benchmarks and earnings management of Australian firms
title_full Pre managed earnings benchmarks and earnings management of Australian firms
title_fullStr Pre managed earnings benchmarks and earnings management of Australian firms
title_full_unstemmed Pre managed earnings benchmarks and earnings management of Australian firms
title_short Pre managed earnings benchmarks and earnings management of Australian firms
title_sort pre managed earnings benchmarks and earnings management of australian firms
topic earnings management
Benchmark beating
pre-managed earnings
url http://ro.uow.edu.au/aabfj/vol6/iss1/11
http://hdl.handle.net/20.500.11937/17231