نوع مقاله : مقاله پژوهشی
نویسندگان
1 استادیار و عضو هیئت علمی دانشگاه آزاد اسلامی واحد تهران مرکزی
2 کارشناس ارشد مدیریت بازرگانی (مالی) دانشگاه آزاد اسلامی واحد قزوین (مسئول مکاتبات)
چکیده
کلیدواژهها
عنوان مقاله [English]
نویسندگان [English]
This study classifies institutional investors into transient and long-term based on their investment horizons to find evidence on the relationship between institutional investors’ type and effective earnings management practice by using performance-matched discretionary accrual measure (Kothari et al., 2005). The regression results on the association between institutional investors’ type and performance-matched discretionary accruals show that long-term institutional investors limit earnings management behaviors among firms that managed earnings effectively via discretionary accruals (PMDA+), while short-term institutional investors are negatively associated with performance-matched discretionary accruals among firms that did not manage earnings by using discretionary accruals (PMDA-).
کلیدواژهها [English]