1
Faculty of Economic and Accounting, central teharan Branch, Islamic Azad University
2
Department of Business Management, Qazvin Branch, Islamic Azad University (Corresponding Author)
Abstract
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-).
Aligholi,M. and Jalilian,A. (2012). The study of relations between Transient/ Long term Institutional Investors and Effective Discretionary Accrual anagement and. Journal of Management Accounting and Auditing Knowledge, 1(زمستان 1391), 27-42.
MLA
Aligholi,M. , and Jalilian,A. . "The study of relations between Transient/ Long term Institutional Investors and Effective Discretionary Accrual anagement and", Journal of Management Accounting and Auditing Knowledge, 1, زمستان 1391, 2012, 27-42.
HARVARD
Aligholi M., Jalilian A. (2012). 'The study of relations between Transient/ Long term Institutional Investors and Effective Discretionary Accrual anagement and', Journal of Management Accounting and Auditing Knowledge, 1(زمستان 1391), pp. 27-42.
CHICAGO
M. Aligholi and A. Jalilian, "The study of relations between Transient/ Long term Institutional Investors and Effective Discretionary Accrual anagement and," Journal of Management Accounting and Auditing Knowledge, 1 زمستان 1391 (2012): 27-42,
VANCOUVER
Aligholi M., Jalilian A. The study of relations between Transient/ Long term Institutional Investors and Effective Discretionary Accrual anagement and. Journal of Management Accounting and Auditing Knowledge, 2012; 1(زمستان 1391): 27-42.