新冠肺炎疫情对盈余管理的影响和盈余的价值相关性：美国证据

IF 2.8 3区管理学 Q2 BUSINESS, FINANCE

Managerial Auditing Journal Pub Date : 2022-02-17 DOI:10.1108/maj-05-2021-3149

Guoping Liu, Jerry Sun

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引用次数: 17

摘要

目的本研究的目的是研究新冠肺炎疫情是否影响了美国的盈余管理和盈余的价值相关性。比较了2019年（疫情前一年）和2020年（疫情年）的设计/方法/方法自由应计项目、解释力和盈余的斜率系数。进行单变量和回归分析。发现从2019年到2020年，可自由支配应计项目大幅下降，这表明从事更多收入减少的盈余管理的公司在疫情年的盈利报告中洗了一个大澡。与此同时，2020年的解释力和收益斜率系数均低于2019年，这与疫情削弱了收益价值相关性的观点一致。原创性/价值本研究从会计角度探讨了疫情的后果。它也丰富了对经济危机的会计研究。

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The impact of COVID-19 pandemic on earnings management and the value relevance of earnings: US evidence

Purpose The purpose of this study is to examine whether the COVID-19 pandemic has affected earnings management and the value relevance of earnings in the USA. Design/methodology/approach Discretionary accruals, the explanatory power and slope coefficient of earnings are compared between 2019 (prepandemic year) and 2020 (pandemic year). Univariate and regression analyses are performed. Findings There was a significant decline in discretionary accruals from 2019 to 2020, suggesting that firms engaged in more income-decreasing earnings management to take a big bath in reporting earnings in the pandemic year. Meanwhile, the explanatory power and slope coefficient of earnings both were lower in 2020 than in 2019, consistent with the notion that the pandemic has impaired the value relevance of earnings. Originality/value This study explores the consequences of the pandemic from accounting perspective. It also enriches accounting research on economic crises.

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来源期刊

Managerial Auditing Journal Multiple-

CiteScore

5.40

自引率

13.80%

发文量

期刊介绍： The key areas addressed are: ■Audit and Assurance (financial and non-financial) ■Financial and Managerial Reporting ■Governance, controls, risks and ethics ■Organizational issues including firm cultures, performance and development In addition, the evaluation of changes occurring in the auditing profession, as well as the broader fields of accounting and assurance, are also explored. Debates concerning organizational performance and professional competence are also covered.