Global ETD Search
Search theses and dissertations gathered from participating repositories worldwide. Every result links back to the library that holds it. No account is needed.
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Showing 1 to 20 of 81 for “"accruals"”.
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Taxation and income smoothing: Evidence from accruals
This study examines the effects of taxation on managers' income smoothing activities. Risk-averse managers are motivated to reduce the variability of accounting earnings when their compensation heavily depends on such earnings. Taxation enters into managers' income smoothing decisions in two ways. …
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Do accruals exacerbate information asymmetry in the market?
… and experimental, suggests that accounting accruals are heterogeneously interpreted by investors. In this study, I examine whether the information asymmetry among investors arising from this heterogeneous interpretation, implied in these empirical results, affects transactions costs in the …
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Accruals and managerial operating decisions over the firm life cycle
This paper explores how accruals capture managerial operating decisions that evolve over a firm's life cycle. I argue that growing firms face different operating environments and have fundamentally different accruals properties than those of mature and declining firms. I provide evidence that …
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Accruals quality, stock returns seasonality and the cost of equity capital
… researchers in recent years regarding whether accruals quality should be priced by equity markets, and whether any pricing effect detected is attributable to risk, these questions remain among the more controversial in accounting research. This thesis comprises a brief introduction to theory …
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Accruals quality, stock returns seasonality and the cost of equity capital
… researchers in recent years regarding whether accruals quality should be priced by equity markets, and whether any pricing effect detected is attributable to risk, these questions remain among the more controversial in accounting research. This thesis comprises a brief introduction to theory …
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The Effect of IFRS Adoption on the Predictive Ability of Aggregate Accruals for Economic Growth
… I find that the extent to which aggregate accruals predict change in Gross Domestic Product (GDP) is greater for countries that adopted International Financial Reporting Standards (IFRS) than for countries that did not. I do not find a similar change in the predictive ability of aggregate …
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Utilização dos accruals como medida de manipulação dos resultados das empresas em Angola: estudo exploratório
O presente trabalho demonstra em que medida os acréscimos e diferimentos são manipulados para gerir os resultados das empresas em Angola. O estudo primário realizado a partir da revisão bibliográfica permitiu concluir que existem factores que podem conduzir os gestores das empresas a manipular …
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Behavioral explanation for mispricing of IPO's discretionary current accruals and impact of firm's information environment of information asymmetry
… about the effect of discretionary current accruals on the pricing of IPOs. Specifically, I seek to discriminate between two alternative explanations for the prior findings: 1) behavioral biases coupled with limited arbitrage; and 2) the sample- and period-specific nature of the results in …
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The Role of Earnings, Cash Flows and Accruals in Predicting Future Cash Flows: A Sectoral Experience in South Africa
This study examined the relative information content of earnings and cash flow from operations data in predicting future (one-year-ahead) cash flow from operations across prevalent economic sectors in South Africa. Firstly, the ability of aggregate earnings is compared to that of cash flows from …
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Accurals quality and price synchronicity
This study examines the relation between accruals quality and price synchronicity, a measure of the relative amount of firm-specific information reflected in price. Higher accruals quality imply better quality earnings news, hence, more firm-specific information is incorporated into price for firms …
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Accounting conservatism, earnings components and accounting losses
… earnings measures containing varying levels of accruals and by further decomposing earnings into its operating cash flows and distinct accruals components. The analyses are also separated according to the sign of earnings and earnings components, and account for the effects of asset-recognition …
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The impact of COVID-19 on earnings management: evidence from South Africa
… industries by assessing the quality of total accruals. The study used discretionary accruals as a proxy for the magnitude of earnings management activities, estimated using the Modified Jones Model adapted by Kothari et al. (2005). 2016 to 2019 was deemed the pre-crisis period, while 2020 to …
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An Analysis of the Legal Obstacles to State Pension Reform
… employees, and that they must leave benefit accruals untouched for current workers. More recently, though, states have begun enacting more fundamental pension reform that modifies future accruals or even reduces cost-of-living allowances for retirees. Nearly all such new reforms have been the …
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Three essays in accounting
… whether analysts anticipate the persistence of accruals in future earnings. We find that if total accruals are used (covering also non-current operating and financing accruals, unlike previous research that uses mainly working capital accruals), analysts’ forecast errors are uncorrelated with …
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The impact of earnings management on innovation strategies in developed, developing, and transition economies
… examines earnings management models and utilises accruals models: standard Jones model (Dechow and Sloan, 1991), Modified Jones model (Dechow et al., 1995), Kothari model (Kothari et al., 2005) working capital Peasnell model (Peasnell et al., 2000)and real activities models (Roychowdhury, 2006): …
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Essay 1. Accrual Effect in Stock Returns: Earnings Management or Sluggish Market Reactions? Essay 2. The Accrual Effect on Future Earnings
… in the long-run for an $1 increase of current accruals. This negative accrual effect is more significant for firms with high price-earnings, market-to-book and high accruals where earnings management is likely to occur. Incorporating the accrual effect is useful in improving the accuracy of …
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The Effect of IFRS and SOX-like Regulations on Earnings Management in East Asian Countries
… convergence leads to a decline in discretionary accruals in Thailand. Institutional factors including debt and equity financing exhibit a positive relationship with discretionary accruals. Boards of directors and block shareholders appear to play a role in mitigating discretionary accruals, while …
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Investor sentiment, institutional investors and the accrual anomaly : an empirical analysis of China's listed companies
… investors gain future abnormal returns through accruals-based hedge portfolios. This paper first shows that China's institutional investors have a better understanding of the persistence of accounting accruals and they more accurately assess stock prices, and that an accrual-based hedge …
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