Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
1006178 | Journal of Accounting and Public Policy | 2009 | 20 Pages |
Abstract
In this study, we document that independent corporate boards of Hong Kong firms provide effective monitoring of earnings management, which suggests that despite differences in institutional environments, corporate board independence is important to ensure high-quality financial reporting. The findings also show that the monitoring effectiveness of corporate boards is moderated in family-controlled firms, either through ownership concentration or the presence of family members on corporate boards. The results based on firms reporting small earnings increases provide additional support for our finding that the monitoring effectiveness of independent corporate boards is moderated in family-controlled firms.
Related Topics
Social Sciences and Humanities
Business, Management and Accounting
Accounting
Authors
Bikki Jaggi, Sidney Leung, Ferdinand Gul,