文章基本信息

标题：Do Indian Firms Manage Earning Numbers? An Empirical Investigation
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作者：Surya Bhushan Kumar ; Vinay Goyal ; Subrata Kumar Mitra 等
期刊名称：Academy of Accounting and Financial Studies Journal
印刷版ISSN：1096-3685
出版年度：2018
卷号：22
期号：1
页码：1-7
语种：English
出版社：The DreamCatchers Group, LLC
摘要：Do Indian firms use to manipulate their earnings numbers? In earnings management, distributional approach and discretionary accrual approach had already researched this question in great detail (Carslaw, 1988; Dechow, Ge Dechow Thomas, 1989; Varian, 1972). The distribution based approach can yield a better result (Amiram, Bozanic & Rouen, 2015) whereas discretionary accrual based approach has possible biases due to various reasons (like un-observability of the actual amount of discretionary expenses, varying nature of coefficients across time, higher biases in estimation, etc.). Among the distribution based approach, the application of the law of leading digits (commonly known as the Benford Law), which states that in naturally observed numbers, lower (higher) digits always have higher (lower) chances of occurrence. Therefore, the probability of lower digits is monotonically decreasing. Globally, researchers have applied this law in testing the level of manipulation in accounting numbers to a great extent..
关键词：Earning Management;Benford Law;FSD Score;Indian Companies