Financial Crises and Earnings Management Behavior : Arguments and Evidence Against Causality

The Resource Financial Crises and Earnings Management Behavior : Arguments and Evidence Against Causality

Label

Financial Crises and Earnings Management Behavior : Arguments and Evidence Against Causality

Title remainder

Arguments and Evidence Against Causality

Statement of responsibility

by Bruno Maria Franceschetti

Language

eng

Summary

This book approaches the question of the relation between financial crises and earnings management from two philosophical perspectives: positivism and critical realism. The results obtained using the positivist approach indicate that financial crises tend to have no consistent effect on earnings quality since managers' earnings behavior does not differ from the pre-crisis to the crisis period. The author accordingly argues against the existence of a causal law based on a constant conjunction model (i.e., whenever a financial crisis happens, earnings management occurs) and concludes that financial crises cannot be seen as the cause of earnings management. The critical realism perspective, on the other hand, casts light on managers' reasons for acting like an earnings manager; in conjunction with the more traditional positivist approach, it assists in refuting the idea of financial crises as a generative mechanism for earnings management. The author concludes by exploring other structures at work that might be responsible for earnings management. This book will be of interest to both academics and a wide range of professionals

Cataloging source

AUD

Dewey number

657

Illustrations

illustrations

Index

no index present

LC call number

HF5601-5688
HF5667-5668.252

Literary form

non fiction

Nature of contents

dictionaries

Series statement

Contributions to Management Science,

Context

Context of Financial Crises and Earnings Management Behavior : Arguments and Evidence Against Causality

Structured data from the Bibframe namespace is licensed under the Creative Commons Attribution 4.0 International License by Sydney Jones Library, University of Liverpool. Additional terms may apply to data associated with third party namespaces.

Context

Work of