skip to main content
Language:
Search Limited to: Search Limited to: Resource type Show Results with: Show Results with: Search type Index

The impact of debt, taxation and financial crisis on earnings management: the case of Greece

Managerial finance, 2023-01, Vol.49 (1), p.110-134 [Peer Reviewed Journal]

Emerald Publishing Limited ;Emerald Publishing Limited. ;ISSN: 0307-4358 ;EISSN: 1758-7743 ;DOI: 10.1108/MF-01-2022-0052

Full text available

Citations Cited by
  • Title:
    The impact of debt, taxation and financial crisis on earnings management: the case of Greece
  • Author: Mamatzakis, Emmanuel ; Pegkas, Panagiotis ; Staikouras, Christos
  • Subjects: Accounting policies ; Bankruptcy ; Cash flow ; Earnings management ; Economic crisis ; Financial performance ; Financial statements ; International Financial Reporting Standards ; International taxation ; Profits ; Taxation ; Taxes
  • Is Part Of: Managerial finance, 2023-01, Vol.49 (1), p.110-134
  • Description: PurposeThe purpose of this study is to empirically investigate the Greek firms' earnings management policies compared with debt, taxation and the financial crisis.Design/methodology/approachIn this paper, the authors show that existed measures of real earnings management, whether corrected for performance or not, rely crucially on strong assumptions. The authors provide a novel modelling that permits panel structure so as to correct for heterogeneity across firms while permitting to determine endogenously the number of underlying firm-groups in the data generating process.FindingsThe empirical results indicate that Greek firms are likely to reduce earnings manipulation activities when they face liquidity risk. Taxation and financial crisis have a negative and positive effect on earnings management, respectively.Originality/valueThe effect of debt, taxation and financial crisis on earnings management has never been investigated in Greece. The empirical results offer valuable information to shareholders and investors as they can understand how some main factors, such as debt, taxation and financial crisis, influence firm's accounting practices.
  • Publisher: Patrington: Emerald Publishing Limited
  • Language: English
  • Identifier: ISSN: 0307-4358
    EISSN: 1758-7743
    DOI: 10.1108/MF-01-2022-0052
  • Source: ProQuest Central
Back to results list
INSPIRE LIBRARY - TON DUC THANG UNIVERSITY (84-028) 37 755 057 Feedback
19 Nguyen Huu Tho St. Dist.7, HCM thuvien@tdtu.edu.vn

Copyright © 2017 INSPIRE LIBRARY - TON DUC THANG UNIVERSITY

Searching Remote Databases, Please Wait