EconPapers    
Economics at your fingertips  
 

THE CHARACTERISTICS OF TOP MANAGMENT AND FIRM’S EARNINGS MANAGEMENT: THE EVIDENCE FORM THAILAND

Rojana Khunkaew and Yang Qingxiang ()
Additional contact information
Yang Qingxiang: Huazhong University of Science & Technology, China

Copernican Journal of Finance & Accounting, 2019, vol. 8, issue 3, 49-74

Abstract: This study investigates the association between Top Management Team (TMT) characteristics and Earnings Management (EM) by examining 1,855 observations of Thai-firm listed in period of 2013–2017. This study employs Modified Jones model (1991) and Roychowdhury (2006) to measure accruals and real activities earnings management, respectively. The findings in this paper reveal TMT characteristics influence on both in AEM and REM and firms with older, long tenure and possessing CPA certification of TMT lead to decrease in AEM level. In contrast, TMT tenure has positive influence to REM level that implies long tenure of TMT tends to manage earnings through operation activities instead of discretionary accruals. However, the percentage of female members and master’s degree education of TMT have no significant association with earnings management.

Keywords: Top Management Team (TMT); Earnings Management (EM); Accruals Earnings Management (AEM); Real Activities Earnings Management (REM) (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
https://apcz.umk.pl/czasopisma/index.php/CJFA/article/view/CJFA.2019.012/23893 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cpn:umkcjf:v:8:y:2019:i:3:p:49-74

Access Statistics for this article

Copernican Journal of Finance & Accounting is currently edited by Leszek Dziawgo

More articles in Copernican Journal of Finance & Accounting from Uniwersytet Mikolaja Kopernika
Bibliographic data for series maintained by Miroslawa Buczynska ().

 
Page updated 2021-03-28
Handle: RePEc:cpn:umkcjf:v:8:y:2019:i:3:p:49-74