内罗毕证券交易所上市公司盈利管理和财务困境的前后科维分析

Charles Guandaru Kamau, Christine Kanana Murori
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摘要

收益管理和财务困境是企业财务管理的两个重要方面,在学术研究和实际应用中都引起了极大的关注。本研究的主要目的是全面评估 COVID-19 大流行前后财务困境对全国证券交易所(NSE)上市公司收益管理实践的影响。研究采用多元线性回归分析法,旨在探究收益管理与财务困境之间的因果关系。通过分析 COVID-19 前后 37 家上市公司的数据,研究旨在了解财务困境如何影响收益管理,同时考虑公司规模、国内生产总值 (GDP) 和通货膨胀率等控制变量。COVID-19 之前的分析结果表明,公司财务压力与收益管理之间存在显著的正相关关系。相比之下,后 COVID 时代的分析表明,财务困境与收益管理之间的相关性在统计上并不显著。然而,研究结果凸显了公司规模的重要作用,它对收益管理有负面影响。具体来说,与大公司相比,小公司在后《协调与发展》时期更有可能参与收益管理活动,这也是这项细致研究的结果。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Pre- and Post-Covid Analysis of Earnings Management and Financial Distress Among Nairobi Securities Exchange-Listed Firms
Earnings management and financial distress are two important aspects of financial management in corporations that have attracted significant attention in academic research and practical applications. The main objective of this study is to comprehensively evaluate the impact of financial distress on earnings management practices in companies listed on the National Stock Exchange (NSE), both before and after the COVID-19 pandemic. Using multiple linear regression analysis, the research aims to investigate the causal relationship between earnings management and financial distress. By analyzing data from 37 publicly listed companies before and after COVID-19, the study aims to understand how financial distress affects earnings management, while considering control variables such as firm size, Gross Domestic Product (GDP), and inflation rates. The findings from the analysis before COVID-19 show a significant and positive correlation between financial strain and earnings management in companies. In contrast, the analysis during the post-COVID era indicates that the correlation between financial distress and earnings management is not statistically significant. However, the research findings highlight the significant role of firm size, which has a negative influence on earnings management. Specifically, smaller companies are more likely to engage in earnings management activities during the post-COVID period compared to larger corporations, as revealed by the results of this meticulous study.
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