Earnings management by non-profit organisations: evidence from UK charities

Informed by stakeholder theory and resource dependence theory, this paper investigates whether United Kingdom (UK) charities are engaged in earnings management practices. Based on a sample of 1414 charities over a five-year period (2008–2012) this study firstly finds that UK charities use discretion...

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Main Authors: Nguyen, Tam, Soobaroyen, Teerooven
Format: Article
Published: Wiley 2018
Subjects:
Online Access:https://eprints.nottingham.ac.uk/50295/
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author Nguyen, Tam
Soobaroyen, Teerooven
author_facet Nguyen, Tam
Soobaroyen, Teerooven
author_sort Nguyen, Tam
building Nottingham Research Data Repository
collection Online Access
description Informed by stakeholder theory and resource dependence theory, this paper investigates whether United Kingdom (UK) charities are engaged in earnings management practices. Based on a sample of 1414 charities over a five-year period (2008–2012) this study firstly finds that UK charities use discretionary accruals to drive their financial results toward a zero surplus/deficit; this result also reveals that the distribution of reported earnings around zero is prevalent amongst UK charities. In addition, in contrast to prior findings, the empirical results point to a significant association between leverage and earnings management behaviour by charities. Lastly, this study also finds that the practice of earnings management is influenced by non-profit organizational size.
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spelling nottingham-502952020-05-04T19:42:44Z https://eprints.nottingham.ac.uk/50295/ Earnings management by non-profit organisations: evidence from UK charities Nguyen, Tam Soobaroyen, Teerooven Informed by stakeholder theory and resource dependence theory, this paper investigates whether United Kingdom (UK) charities are engaged in earnings management practices. Based on a sample of 1414 charities over a five-year period (2008–2012) this study firstly finds that UK charities use discretionary accruals to drive their financial results toward a zero surplus/deficit; this result also reveals that the distribution of reported earnings around zero is prevalent amongst UK charities. In addition, in contrast to prior findings, the empirical results point to a significant association between leverage and earnings management behaviour by charities. Lastly, this study also finds that the practice of earnings management is influenced by non-profit organizational size. Wiley 2018-06-26 Article PeerReviewed Nguyen, Tam and Soobaroyen, Teerooven (2018) Earnings management by non-profit organisations: evidence from UK charities. Australian Accounting Review . ISSN 1835-2561 earnings management; non-profit organisations; charities; leverage; stakeholder theory; resource dependence theory https://onlinelibrary.wiley.com/doi/abs/10.1111/auar.12242 doi:10.1111/auar.12242 doi:10.1111/auar.12242
spellingShingle earnings management; non-profit organisations; charities; leverage; stakeholder theory; resource dependence theory
Nguyen, Tam
Soobaroyen, Teerooven
Earnings management by non-profit organisations: evidence from UK charities
title Earnings management by non-profit organisations: evidence from UK charities
title_full Earnings management by non-profit organisations: evidence from UK charities
title_fullStr Earnings management by non-profit organisations: evidence from UK charities
title_full_unstemmed Earnings management by non-profit organisations: evidence from UK charities
title_short Earnings management by non-profit organisations: evidence from UK charities
title_sort earnings management by non-profit organisations: evidence from uk charities
topic earnings management; non-profit organisations; charities; leverage; stakeholder theory; resource dependence theory
url https://eprints.nottingham.ac.uk/50295/
https://eprints.nottingham.ac.uk/50295/
https://eprints.nottingham.ac.uk/50295/