避免亏损的盈余管理:哥伦比亚非上市公司的证据

IF 3.3 Q1 BUSINESS, FINANCE
José E. Tobar Arias , Andrés Mora Valencia , Julián Benavides Franco
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引用次数: 0

摘要

本文研究了哥伦比亚非上市公司报告利润的操纵行为。首先,我们考察了利润分配是否在零收益附近表现出不连续性,这是其他国家显而易见的经验事实。其次,我们调查了这种不连续性是否是由于机会主义管理行为操纵利润数据以避免报告亏损造成的,或者相反,它是否是确认特殊项目的会计稳健性或所得税费用的不对称效应造成的。此外,频率分析在所有分析的收益测量中都发现了零附近的不连续性。其他证据表明,虽然公司随意使用非经营性项目来超过零利润门槛,但税收支出产生的不连续性是其不对称效应的结果。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Earnings management to avoid losses: Evidence in non-listed Colombian companies

This paper studies the manipulation of the profits reported by non-listed Colombian companies. First, we examine whether the distribution of profits shows a discontinuity around zero earnings, an empirical fact evident in other countries. Second, we investigate whether this discontinuity results from opportunistic management behavior in manipulating the profit figures to avoid reporting losses or if, on the contrary, it is the result of accounting conservatism in recognizing extraordinary items or the asymmetric effect of the expense of income tax. Moreover, frequency analysis identifies a discontinuity around zero in all analyzed earnings measurements. Additional evidence suggests that while companies use non-operating items discretionarily to exceed the zero-profit threshold, the discontinuity generated by tax expenditure results from its asymmetrical effect.

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来源期刊
CiteScore
4.50
自引率
3.80%
发文量
31
期刊介绍: The Journal of International Accounting, Auditing and Taxation publishes articles which deal with most areas of international accounting including auditing, taxation and management accounting. The journal''s goal is to bridge the gap between academic researchers and practitioners by publishing papers that are relevant to the development of the field of accounting. Submissions are expected to make a contribution to the accounting literature, including as appropriate the international accounting literature typically found in JIAAT and other primary US-based international accounting journals as well as in leading European accounting journals. Applied research findings, critiques of current accounting practices and the measurement of their effects on business decisions, general purpose solutions to problems through models, and essays on world affairs which affect accounting practice are all within the scope of the journal.
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