Earnings management surrounding CEO turnover: evidence from Chinese listed firms

This paper examines the effects of CEO turnovers on earnings quality of Chinese listed firms. CEO turnover can be classified into two types that are respectively routine and non-routine CEO change and external and internal successors. After various selection procedures, modified Jones model and a...

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Main Author: CHEN, sisi
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2016
Online Access:https://eprints.nottingham.ac.uk/36960/
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author CHEN, sisi
author_facet CHEN, sisi
author_sort CHEN, sisi
building Nottingham Research Data Repository
collection Online Access
description This paper examines the effects of CEO turnovers on earnings quality of Chinese listed firms. CEO turnover can be classified into two types that are respectively routine and non-routine CEO change and external and internal successors. After various selection procedures, modified Jones model and a multivariate regression are respectively applied to calculate the discretionary accruals and test hypothesis proposed. According to empirical results, non-routine CEO change is associated with more earning management and lower earnings quality, and external successors are associated with less earning manipulation thus higher earnings quality. In addition, more earning management in the transition year can be found than that in the following year.
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format Dissertation (University of Nottingham only)
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institution University of Nottingham Malaysia Campus
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language English
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publishDate 2016
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spelling nottingham-369602017-10-12T14:11:38Z https://eprints.nottingham.ac.uk/36960/ Earnings management surrounding CEO turnover: evidence from Chinese listed firms CHEN, sisi This paper examines the effects of CEO turnovers on earnings quality of Chinese listed firms. CEO turnover can be classified into two types that are respectively routine and non-routine CEO change and external and internal successors. After various selection procedures, modified Jones model and a multivariate regression are respectively applied to calculate the discretionary accruals and test hypothesis proposed. According to empirical results, non-routine CEO change is associated with more earning management and lower earnings quality, and external successors are associated with less earning manipulation thus higher earnings quality. In addition, more earning management in the transition year can be found than that in the following year. 2016-09-16 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/36960/1/Abstract.docx CHEN, sisi (2016) Earnings management surrounding CEO turnover: evidence from Chinese listed firms. [Dissertation (University of Nottingham only)]
spellingShingle CHEN, sisi
Earnings management surrounding CEO turnover: evidence from Chinese listed firms
title Earnings management surrounding CEO turnover: evidence from Chinese listed firms
title_full Earnings management surrounding CEO turnover: evidence from Chinese listed firms
title_fullStr Earnings management surrounding CEO turnover: evidence from Chinese listed firms
title_full_unstemmed Earnings management surrounding CEO turnover: evidence from Chinese listed firms
title_short Earnings management surrounding CEO turnover: evidence from Chinese listed firms
title_sort earnings management surrounding ceo turnover: evidence from chinese listed firms
url https://eprints.nottingham.ac.uk/36960/