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

Corporate governance and earnings management and the relationship between economic value added and created shareholder value

Journal of asset management, 2006-09, Vol.7 (3-4), p.242-254 [Peer Reviewed Journal]

Palgrave Macmillan 2006 ;ISSN: 1470-8272 ;EISSN: 1479-179X ;DOI: 10.1057/palgrave.jam.2240216

Full text available

Citations Cited by
  • Title:
    Corporate governance and earnings management and the relationship between economic value added and created shareholder value
  • Author: Mir, Ali El ; Seboui, Souad
  • Subjects: Earnings management ; Economic value added ; Stockholders
  • Is Part Of: Journal of asset management, 2006-09, Vol.7 (3-4), p.242-254
  • Description: The main interest in this paper is to test whether earnings management and governance mechanisms may help bridge the gap between accounting values, approximated by economic value added (EVA) and market values, approximated by created shareholder value (CSV). First, the results clearly show a non-significant relationship between EVA and CSV. Secondly, a positive correlation is identified between the difference (CSV-EVA) and discretionary accruals, proxy of earnings management. Thirdly, it is found that some governance mechanisms can attenuate the gap between CSV and EVA, whereas others can accentuate it. Finally, the results reveal that the different cases of convergence and divergence between CSV and EVA can be explained by governance mechanisms and earnings management.
  • Publisher: London: Palgrave Macmillan
  • Language: English
  • Identifier: ISSN: 1470-8272
    EISSN: 1479-179X
    DOI: 10.1057/palgrave.jam.2240216
  • 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