CEO Compensation and Earnings Management
This paper examines the effects of CEO compensation package on earnings quality. I find that the proportions of restricted stocks and stock options in CEO compensation are significantly and negatively related to earnings quality. I do not find any evidence that salary and bonus payments have signifi...
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| Format: | Dissertation (University of Nottingham only) |
| Language: | English |
| Published: |
2017
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| Online Access: | https://eprints.nottingham.ac.uk/46051/ |
| Summary: | This paper examines the effects of CEO compensation package on earnings quality. I find that the proportions of restricted stocks and stock options in CEO compensation are significantly and negatively related to earnings quality. I do not find any evidence that salary and bonus payments have significant effect on earnings quality. My research results also indicate that firm size, Z-score, ROA all have significant relationships with earnings quality. Larger firm size and Z-score will decrease earnings quality, while higher ROA will increase earnings quality. |
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