Journal of

Marketing Development and Competitiveness

Scholar Gateway

Abstracts prior to volume 5(1) have been archived!

Issue 5(1), October 2010 -- Paper Abstracts

Girard  (p. 9-22)

Cooper (p. 23-32)

Kunz-Osborne (p. 33-41)

Coulmas-Law (p.42-46)

Stasio (p. 47-56)

Albert-Valette-Florence (p.57-63)

Zhang-Rauch (p. 64-70)

Alam-Yasin (p. 71-78)

Mattare-Monahan-Shah (p. 79-94)

Nonis-Hudson-Hunt (p. 95-106)

JOURNAL OF ACCOUNTING AND FINANCE

An International Analysis of Director Equity Incentives and Earnings Management

Author(s): Min-Yu Liao, Stephen P. Ferris

Citation: Min-Yu Liao, Stephen P. Ferris, (2018) "An International Analysis of Director Equity Incentives and Earnings Management",  Journal of Accounting and Finance, Vol. 18, ss. 2, pp. 123-143

Article Type: Research paper

Publisher: North American Business Press

Abstract:

Using data from 29 countries, we find that firms whose directors awarded higher percentage equitybased compensation are associated with greater use of earnings management. Such positive relation persists regardless whether a director serves on the audit committee, or whether a director is an independent or inside director. However, this association is reversed at firms with greater board or audit committee independence. Finally, using a matched sample of ADRs and non-ADRs, we show that although ADRs exhibit less earnings management relative to non-ADRs, having an ADR does not deter the attempt of directors with high equity incentives to manipulate earnings.