Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
1004857 | The International Journal of Accounting | 2014 | 24 Pages |
Abstract
We examine the impact of the 2008–2009 financial crisis on the earnings management behavior of European-listed firms. We find that earnings management has significantly decreased in the crisis years. This trend is confirmed in most of the 16 countries under review. We also report a link between the level of earnings management and the economic growth rate and provide evidence suggesting that national characteristics and market forces affect the propensity of income smoothing but not accruals quality.
Related Topics
Social Sciences and Humanities
Business, Management and Accounting
Accounting
Authors
Andrei Filip, Bernard Raffournier,