ownership structure and earnings management in emerging markets

... behavior in an emerging market. This paper is examining an important issue among research topics in accounting and finance. The importance behind examining the determinants of earnings management ... contracts", Accounting and Finance 38: 181-196. [21] Davidson, R., Goodwin-Stewart, J. and P., Kent. 2005. “Internal governance structures and earnings management ,...

Ngày tải lên: 13/07/2014, 21:13

... subjects, including stock markets and their efficiency in emerging markets, forecasting models and their level of accuracy in emerging markets, dynamic models and their application in emerging markets, sovereign ... debt and its implications, exchange rate regimes and their merits, risk management in emerging markets, derivative markets and hedging decisi...

Ngày tải lên: 28/06/2014, 17:20

... between ownership concentration and earnings informativeness. As the incentive alignment and the information effects could coexist, the relation between ownership concentration and earnings informativeness ... complex earnings- generating process, may have weaker earnings- return relations than firms operating in a single industry. 15 Finally, we include firm size as a c...

Ngày tải lên: 18/02/2014, 01:20

Ngày tải lên: 18/02/2014, 11:20

... factors and market forces in shaping firms’ incentives to report informative earnings. To empirically illustrate the importance of reporting incentives, we examine a setting in which incentives ... firms and countries, although standards are formally harmonized and largely held 17 ranks into indices. We define two sub-categories, earnings discretion” (EM1 and EM2) and earning...

Ngày tải lên: 06/03/2014, 21:20

... approach include the following: 1) Independent and trustworthy. since the interaction is only between the SP and the user, 2) Gives minimum information to the SP. SP receives only necessary inforormation. ... Web services in the system proposed for independent navigation of the blind and the vi- sually impaired. When submitting their location information to the cloud, a blind u...

Ngày tải lên: 31/07/2013, 09:43

... washing, cooking, dish washing, and boiling water, 27% for showering and foot washing, 18% for toilet flushing, and 14% for the washing machine. Water use in washing and showering increased from ... use for cooking in Beijing includes food washing, cooking, dish washing, and boiling water. The use of water for bathing and showering accounts for 24% in Tokyo and 27% in...

Ngày tải lên: 05/09/2013, 10:17

... bản, bình thường: giả thuyết rằng dòng tiền gia tăng dựa vào điều kiện kinh doanh bình thường (ví dụ không có khủng hoảng kinh tế) Tình huống xấu: phản ánh dòng tiền giả định rằng có rủi ro đáng ... chiết khấu dòng tiền kỳ vọng Tuy nhiên, nếu bạn chỉ chọn chiết khấu dòng tiền theo điều kiện kinh doanh bı̀nh thường thôi thì bạn nên cô ̣ng thêm phần bù rủi ro quốc gia. > chi phí vốn...

Ngày tải lên: 22/12/2013, 16:06

... agency cost theory in terms of rising cost of debt owing to management conflicts and part of the pecking order theory where firms prefer retained earning financing over debt financing. CHAPTER II ... suggesting the Ministry of Planning and Investment and the Ministry of Finance to issue the Decree to guide the Law on Enterprises on separate issuing and release on the website t...

Ngày tải lên: 26/12/2013, 15:19

... impact.’ Sustainability in emerging markets | 9 Sustainability and the emerging economies In many of the emerging economies, the leading companies are now factoring sustainability issues into their ... understanding and 4. implementing sustainability strategy. Emerging markets are increasingly engaging with the agenda and, 5. in some instances, leading. There is a ne...

Ngày tải lên: 09/02/2014, 21:09