... basedon family-controlled and non-family-controlled firms show that the negative association between boardindependenceandearningsmanagement is moderated by family ownership andcontrol We test ... 281–300 297 Conclusion This paper evaluates the association between corporate boardindependenceandearningsmanagement in HongKong firms Additionally, it examines whether family control influences ... is more common in HongKong 2.2 Agency problems in the HongKong ownership structure Family-controlled firms are likely to face agency problems different from those of non-family-controlled firms...
... recommendations on corporate governance, on the relationship between earningsmanagementandboard composition While they find no evidence of association between the degree of accrual managementand ... paper, HongKong University of Science and Technology Gaver, J.J., Gaver, K.M., Austin, J.R., 1995 Additional evidenceon bonus plans and income management Journal of Accounting and Economics ... negative and significant in Regressions I and III and positive and significant in Regressions II and IV, consistent with the notion that larger firms are more closely scrutinized than smaller firms...
... Scott Ltd and includes data for all firms listed on the London Stock Exchange Hemmington Scott constructs their board composition database using information from the London Stock Exchange and Reuters ... threshold points Consequently, we condition our empirical tests on the proximity of pre-managed earnings to zero earningsand zero change in earnings We predict that board monitoring will constrain income-increasing ... incidence of earningsmanagement depends onboard monitoring Studies that examine the relation between board monitoring and financial reporting have mostly focused on blatant violations of Generally...
... selection (Fan and Wong 2002) The conflict of interest between controlling shareholders and minority shareholders motivates controlling shareholders to engage in opportunistic earningsmanagementand ... ties (heol yeon), school ties (hak yeon), or regional ties (chi yeon) These relationships are deeply rooted in long-held Confucian cultural traditions, and loyalty to organizations and obedience ... under consideration in the US and other countries such as the UK andHongKong In conclusion, the selective auditor rotation rule in Korea leads to an improvement in audit quality, and results in...
... for Managementand Economics, 6th ed., Thomson Learning Kesner, I.F and Johnson, R.B (1990), “An investigation of relationship between board composition and shareholder suits”, Strategic Management ... explanation for the insignificant relationship between corporate governance mechanisms andearningsmanagement may be basedon the managerial hegemony theory This theory is in contradiction to the ... where the presence of Bumiputra directors on the boardand the audit committee may detect earningsmanagement Among the control variables, only size and growth are found to be significantly related...
... elements on the eukaryotic genome may shed some light on the random insertion of sequences Gene expression in conventional and GM crops is subject to environmental influences Environmental conditions ... national food control strategy; (3) food legislation and regulatory framework; (4) food inspection services; (5) food control laboratories and equipment; and (6) implementation of food quality and ... benefit-sharing nongovernmental organization Organisation for Economic Co-operation and Development plant variety protection research and development Agreement on the Application of Sanitary and Phytosanitary...
... Electronic Lexical Database Bradford Books Yablonsky S.A., 1998 Russicon Slavonic Language Resources and Software In: A Rubio, N Gallardo, Yablonsky S.A., 2000 Russian Monitor Corpora: Composition, ... Composition, Linguistic Encoding and Internet Publication Proceedings Second International Conference on Language Resources & Evaluation, Athens, Greece, 2000 Yablonsky S.A., 2002 Corpora as Object-Oriented ... advantages of Oracle Text search and services and includes (Oracle9i Database Documentation): • Content -based retrieval on free text with both literal (word) predicates and thematic predicates It includes:...
... (0.43) Semiconductor Computer and peripherals Optoelectronics Communication Electronic components Information service Other electronics Construction Transportation Tourism Trade and merchandise Utilities ... xxx–xxx 15 Table Regression of long-run performance onearningsmanagementand hot issue This table reports the regression of small firms in Panel A and the regression of large firms in Panel B All ... of Economics and Finance xxx (2013) xxx–xxx to the high degree of regulation imposed on these firms, which could limit their ability to engage in earningsmanagement Delisted firmsand firms...
... types of earningsmanagement (Sirgar and Utama, 2008; and Beneish, 2001), or question the motives behind earningsmanagement (Healy and Wahen, 1999) Factors like management compensation contract ... mainly on current earnings rather than long-term earnings This orientation deters institutional investors from incurring monitoring costs and they will tend to concentrate on current earnings ... view that long-term institutional investors constrain accruals management among firms that manage earnings to meet/beat earnings 34 International Research Journal of Finance and Economics - Issue...
... discussed and final decisions on items and categories were basedon a consensus between the two interviewers for complications Several GPs mentioned better recordkeeping Implementation of evidence- based ... interviewees, was the presence of skepticism about evidence- based treatment and of collaborative care, and their concerns about losing controland sanctions that may result from diabetes care improvement ... motivation They should not connect results with negative implications (e.g., loss of accreditation).' (15-S3) Some GPs considered evidence- based medicine (EBM) only as background information describing...
... organizational support for evidencebased practice on provider attitudes toward evidence- based practice, and effect of organizational support for evidence- based practice on provider use of evidence- based ... practice tional toward partial mediation practice, practice on attitudes use toward evidence- basedeffects of and providerproorganizational support for evidence- basedagency type on Path model of evidence- based ... Figure evidence- based evidence- based practice effect of provider attitudes toward partial tudes toward support for evidence- basedon provider attiorganizational evidence- based practice, and practice...
... organizational support for evidencebased practice on provider attitudes toward evidence- based practice, and effect of organizational support for evidence- based practice on provider use of evidence- based ... practice tional toward partial mediation practice, practice on attitudes use toward evidence- basedeffects of and providerproorganizational support for evidence- basedagency type on Path model of evidence- based ... Figure evidence- based evidence- based practice effect of provider attitudes toward partial tudes toward support for evidence- basedon provider attiorganizational evidence- based practice, and practice...
... traditionally internal audit has focused more on controls and operational risks, there has been increasing emphasis in the professional literature on the need to also focus onearningsmanagementand ... report on the strength of controls We assume that external and internal auditors would ensure that controls are adequate Furthermore, earningsmanagement by senior management generally overrides controls ... partitions accruals into non-discretionary and discretionary components on the assumption that a high level of discretionary accruals (DAC) suggests that a firm is engaging in earnings management...
... selection and tests of the relation between auditor reputation and unexpected accruals are discussed in section IV Section V is the summary and conclusion II Earnings management, audit quality and ... the Enron scandal and ceased operation of Andersen on August 31, 2002, T.N Soong & Co merged into Deloitte and Touche and became Deloitte and Touche on June 1, 2003 The clients of T.N Soong were ... violations and managers’ accounting responses”, Journal of Accounting and Economics, Vol 17, May, pp 281-308 Teoh, S.H., Welch, J and Wong, T.J (1998a), Earningsmanagementand the long-run...
... (2007), ‘Insider trading, earningsmanagementand corporate governance: empirical evidencebasedonHongKongfirms , Journal of International Financial Managementand Accounting, Vol 18, No ... ‘Impact of family dominance on monitoring of earningsmanagement by audit committees: evidence from HongKong , Journal of International Accounting, Auditing and Taxation, Vol 16, pp 27–50 Jaggi, ... CEO and the chairperson positions for the board to provide effective monitoring Therefore, it is expected that the separation of the positions of CEO andboard chairperson reduces earnings management...
... Accounting and Economics, 28 pp 27-50 Burgstahler D and Dichev I 1997, EarningsManagement to Avoid Earnings Decreases and Losses, Journal o f Accounting and Economics 24 pp.99-127 Burgstahler, D and ... Evidenceon Bonus Plans and Income Management, The Journal o f Accounting and Economics (February), pp 3-28 15 Healy, P and Wahlen, J.M 1999, A Review O f the EarningsManagement Literature and Its ... 1999, Earnings Momentum andEarnings Management, Working Paper, University o f Michigan 21 Sloan, R and Skinner D 2001, Earnings Surprises, Growth Expectations and Stock Returns or Don’t Let an Earnings...
... Indonesian evidenceBoard Composition and Firm Performance in the Netherlands Outsiders on the board of directors and firm performance: Evidence from Spanish non-listed family firmsBoardindependence ... Composition and Configuration of the Boardand Firm Performance in Financial Services Industry in Sri Lanka Board Composition and Firm Performance: Evidence from Bangladesh Board diversity and firm ... Directors Board along with the control variables control such as firm size, financial leverage, board size, age and sex of the director Boardand For variables Responsibilities of the directir Board, ...
... between jumbo and non-jumbo mortgages into consideration On the one hand, as discussed above, because GSEs may only purchase non-jumbo mortgages, the secondary market liquidity of nonjumbo mortgages ... loan-transfer -based earningsmanagement to meet earnings benchmarks It is also documented that the manipulation has long-term negative impact on bank interest income and noninterest income The US secondary ... Kothari and Lester 2012) Prior loan-transfer -based earningsmanagement literature has majorly focused on the manipulation of securitization transactions and the related gains recognition (e.g.,...
... examining fluctuations in birth rates and twinning rates, and by using additional survey data on the composition Long-run effects of economic conditions early in life may work through nutrition, disease ... with long-run effects on CVD outcomes, but, more in general, that discrepancies between early-life conditions in utero and shortly after birth on the one hand, and later lifestyle on the other hand, ... magnitude and standard error as before This suggests that economic conditions during pregnancy and at age 1–3 are not important for CV mortality later in life, contrary to economic conditions at and...