新兴市场的关联交易、权责发生制盈余管理与真实活动盈余管理

IF 2.1 Q2 BUSINESS, FINANCE
Nguyen Vinh Khuong, Nguyen Thanh Liem, Le Huu Tuan Anh, Bui Thi Ngan Dung
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引用次数: 0

摘要

摘要本研究的目的是探讨关联交易(RPTs)在销售和采购方面与盈余管理(EM)之间的关系。设计/方法/方法作者使用系统广义矩量法(Sys-GMM)的估计方法,对越南413家非金融公司在2015年至2019年期间的样本进行了估计,共计1638家公司年观察结果。RPTs和EM的多个代理被用来提供两个因素之间关系的综合评估。rpt与新兴市场之间存在正相关关系,这表明两种类型的rpt都可能降低财务报告质量,并允许公司更多地参与盈余操纵。有许多研究调查了上述联系,但它们倾向于使用总价值(与关联方的销售和采购的总和),或者只是基于应计收益或实际新兴市场。本研究首次扩展了基于销售和基于采购的rpt对真实和基于应计收益操纵的关系,从而扩展了rpt与新兴市场之间的关系。这种方法有助于揭示两种类型的rpt对两种类型的向上EM的影响差异。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Related party transactions, accrual-based earnings management and real activities earnings management in emerging market
Purpose The purpose of this study is to examine the association between related party transactions (RPTs) in terms of sales and purchases and earnings management (EM). Design/methodology/approach The authors use the estimation method of system generalized method of moments (Sys-GMM) on a sample of 413 non-financial firms in Vietnam in the period from 2015 to 2019, totaling 1,638 firm-year observations. Multiple proxies for RPTs and EM are used to provide a comprehensive assessment of the relationship between the two factors. Findings There is a positive association between RPTs and EM, suggesting that both types of RPTs could reduce financial reporting quality and allow firms to be more engaged in earnings manipulation. Originality/value There are a number of studies investigating the above link, but they tend to use aggregate values (the sum of both sales and purchases with related parties) or just either accruals-based earnings or real EM. This study is the first to extend the literature on the relationship between RPTs and EM by examining both sales-based and purchases-based RPTs on both real and accruals-based earnings manipulation. This approach helps uncover the differences in the effect of the two types of RPTs on both types of upward EM.
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来源期刊
Pacific Accounting Review
Pacific Accounting Review BUSINESS, FINANCE-
CiteScore
3.80
自引率
9.50%
发文量
36
期刊介绍: Pacific Accounting Review is a quarterly journal publishing original research papers and book reviews. The journal is supported by all New Zealand Universities and has the backing of academics from many universities in the Pacific region. The journal publishes papers from both empirical and theoretical forms of research into current developments in accounting and finance and provides insight into how present practice is shaped and formed. Specific areas include but are not limited to: - Emerging Markets and Economies - Political/Social contexts - Financial Reporting - Auditing and Governance - Management Accounting.
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