教師資料查詢 | 類別: 會議論文 | 教師: 湯惠雯 Hui-wen Tang (瀏覽個人網頁)

標題:Influence of product market competition on the relationship between corporate governance and earnings management
學年105
學期2
發表日期2017/06/28
作品名稱Influence of product market competition on the relationship between corporate governance and earnings management
作品名稱(其他語言)
著者Hui-wen Tang
作品所屬單位
出版者
會議名稱EuroConference 2017
會議地點Chania, Greece
摘要This study explores the influence of product market competition on the relationship between corporate governance and earnings management. The research sample comprises firms listed on the Taiwan Stock Exchange (TSE) and Taipei Exchange from 2003 to 2014. The results indicate that the managers of firms with low product market power or facing strong market competition could be induced to employ earnings management through accounting discretion and real operational activities. The influence of product market power on earnings management is more significant than that of market competition. The regression results for subsamples classified by product market power and industry competition indicate that, in the subsamples where product market power is weak or industry competition is fierce, the effect of corporate governance on earnings management could easily fail, and even exacerbate managerial earnings manipulation. In other words, the pressure from market competition could reduce the effect of corporate governance and even induce managers to employ earnings management. The difference between corporate governance and earnings management is even more pronounced when product market power and industry competition are considered simultaneously in the subsample grouping.
關鍵字accounting discretion;corporate governance;earnings management;industry competition;product market competition;product market power
語言英文
收錄於
會議性質國際
校內研討會地點
研討會時間20170628~20170630
通訊作者Hui-wen Tang
國別希臘
公開徵稿
出版型式
出處Conference Proceedings
相關連結
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