Can Diversified Information Disclosures constrain Earnings Management Activities in Taiwanese SMEs
學年 112
學期 2
發表日期 2024-05-03
作品名稱 Can Diversified Information Disclosures constrain Earnings Management Activities in Taiwanese SMEs
作品名稱（其他語言）
著者 Huang, Chien-Ming; Chen, Wei-Ting
作品所屬單位
出版者
會議名稱 2024 FeAT International Conference on Artificial Intelligence, Green Finance, and Investments
會議地點 Taipei, Taiwan
摘要 Using accrual and real activity manipulation strategies, this paper examines whether there is the relationship between earnings management and corporate diversification in Taiwanese OTC companies. The evidence suggests that geographic diversification is linked to higher levels of downward real activity manipulation. In contrast, product diversification exhibits a negative relationship between earnings manipulation and firm performance. We find that geographically diversified firms are more likely to engage in earnings management activities due to the increased potential for firm's complexity. Moreover, empirical results from difference-in-differences regression model suggest that a greater proportion of insider shareholding is associated with lower levels of earnings manipulation after 2018 corporate governance reforms. Therefore, engaging in diversified information disclosure does not help reduce the sensitivity of earnings management to performance for Taiwanese SMEs, providing valuable insights for policymakers and investors in the capital markets.
關鍵字 Earnings management; Diversification; Small and medium enterprises; Diversified information disclosure
語言 en
收錄於
會議性質 國內
校內研討會地點 無
研討會時間 20240503~20240503
通訊作者
國別 TWN
公開徵稿
出版型式
出處 Pacific-Basin Finance Journal 94
相關連結

機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/129950 )