دانلود مقاله ISI انگلیسی شماره 80783
ترجمه فارسی عنوان مقاله

تاثیر مدیریت سود بر میزان افشا و عملکرد مالی واقعی: شواهدی از شرکت های فهرست شده در هنگ کنگ

عنوان انگلیسی
The impact of earnings management on the extent of disclosure and true financial performance: Evidence from listed firms in Hong Kong
کد مقاله سال انتشار تعداد صفحات مقاله انگلیسی
80783 2016 14 صفحه PDF
منبع

Publisher : Elsevier - Science Direct (الزویر - ساینس دایرکت)

Journal : The British Accounting Review, Volume 48, Issue 2, June 2016, Pages 206–219

ترجمه کلمات کلیدی
افشا؛ مدیریت سود - نظارت ویژه، عملکرد شرکت واقعی
کلمات کلیدی انگلیسی
Disclosure; Earnings management; Intense monitoring; True firm performance
پیش نمایش مقاله
پیش نمایش مقاله  تاثیر مدیریت سود بر میزان افشا و عملکرد مالی واقعی: شواهدی از شرکت های فهرست شده در هنگ کنگ

چکیده انگلیسی

This paper challenges the notion that seeking to increase disclosure may not necessarily improve firm performance. Using Hong Kong listed firms subject to increase the extent of disclosure, this paper shows that the net benefit of disclosure is contingent on conditions such as the quality and integrity of a firm's information. We demonstrate that a nonlinear relation exists between disclosure and firm performance when measured performance is adjusted for the impact of earnings management, over the period from 2006 to 2013. The results of our study show that corporate disclosure is likely to result in benefits, but after an optimum level, increasing disclosure reduces true firm performance. This optimum level also falls when differences between other firm's monitoring environments (e.g., independent boards) are in place. These results indicate that intense monitoring of CEOs offsets the advantage of additional corporate disclosure.