文章基本信息

标题：Appraisal of earnings management across the sectors
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作者：Pavol Durana ; Katarina Valaskova ; Anna Siekelova 等
期刊名称：Journal of Business Economics and Management
印刷版ISSN：1611-1699
出版年度：2022
卷号：23
期号：2
DOI：10.3846/jbem.2022.16563
语种：English
出版社：Vilnius Gediminas Technical University
摘要：Financial managers intentionally use the legal manipulation of earnings to the business development. Earnings management is a widespread business finance phenomenon. The approaches and the ways of this practice are marked by many parallels. The main target of the article is to show the clusters with the close approach of the enterprises to the earnings manipulation and demonstrate hidden relations of the earnings management between sectors in the Visegrad Group. The study estimates the earnings management by the Modified Jones model. 52,545 discretionary accruals are computed for Slovak, Czech, Hungarian, and Polish enterprises for 5-year horizon in 19 sectors classified by the NACE. The clusters of close practices of the earnings management are identified based on principal component analysis and cluster analysis in every country of Visegrad Four. Moreover, the results detect the dependences between sectors in the region and the specificity of the sectors.