Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5089786 | Journal of Banking & Finance | 2012 | 13 Pages |
Abstract
⺠We analyze the German banks' earnings management using a special form of hidden reserves. ⺠In our empirical study, we find that the earnings are managed to beat different benchmarks. ⺠A new benchmark is introduced: the earnings of a peer group. ⺠Another goal of earnings management: reduction of earnings volatility.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Sven Bornemann, Thomas Kick, Christoph Memmel, Andreas Pfingsten,