Level of agency cost driven by cultural and corruption and earnings management: Evidence of South East Asia countries
作者: Andi Manggala PutraGagaring PagalungAbdul Hamid Habbe
刊名: Intangible Capital, 2018, Vol.14 (4), pp.499-517
来源数据库: Omnia Publisher SL
DOI: 10.3926/ic.1289
原始语种摘要: Purpose: This study scrutinises the correlation between earnings quality and agency cost based on corruption level and cultural values in six South-East Asian (SEA) countries: Indonesia, Malaysia, Philippines, Singapore, Thailand, and Vietnam.Design/methodology: We restrict categorisation of each SEA country whether they have low or high agency cost. This study employs 581 firm-years observations from the 30 biggest market capitalisation firms of six SEA countries. We run multiple regressions of three main accrual models for main analysis (Jones, 1991; Dechow et al., 1995; Kasznik, 1999) to get discretionary accruals.(#br)Findings: Results show that firms in low agency cost countries have lower earnings quality, and indicate that earnings management behaviour in this study is efficient...
全文获取路径: Omnia出版社 

  • earnings 收入
  • agency 代办处
  • corruption 讹误
  • management 管理
  • cultural 文化的
  • methodology 方法学
  • country 地方
  • Malaysia 马来西亚
  • discretionary 修]自由选择[定
  • accrual 应计