Purpose: This paper aims to examine how proportional appropriation systems affect the quality of financial reporting in entities controlled by local governments. Design/methodology/approach: The authors examine this issue using the setting of Italian municipally owned entities (MOEs) following the implementation of a new accounting regulation that limits the spending power of the participating municipality when the owned entity reports losses. The authors apply Benford's law on net income figures using the Chi-square and Z-tests on the adjusted version of the Mean Absolute Deviation (MAD) criterion to spot any sign of low data quality. The sample, which consists of 2,120 MOEs, covers the years 2010–2019 and is evenly divided into the periods pre- and post-policy introduction. Findings: Widespread data anomalies were detected following the introduction of the new regulation for MOEs controlled by local governments. Evidence is stronger for entities owned entirely by municipalitie
【betika games today best bet casino】-top bet twitter ov25 fixed matches elwakt.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from elwakt.com Daily Mail and Mail on Sunday newspapers.
Earnings manipulation is often associated with deceiving public information that is displayed in sustainability reports. Therefore, the current study aims to explore the nexus between earnings management and sustainability reporting practices in the context of Indonesia. This study employs 408 firm-year observations from listed companies in Indonesia during the 2010–2021 period to test the hypothesis using fixed effect regression analyses with standard error estimates. By examining their sustainability reports and financial statements over a specific period, the authors assess the extent to which earnings management influences sustainability reporting practices. This implies that companies engaging in earnings management practices are more likely to exhibit higher-quality sustainability reporting practices. The results contribute valuable and significant empirical insights into the interplay between earnings management and sustainability reporting specifically within the Indonesian c
We examine how government ownership in banks affects earnings management to determine whether competing political or agency interests prevail. Using bank ownership data for 171 Chinese commercial banks from 2006 to 2018, we find more accruals management in government-owned banks, especially to reduce earnings. This effect is stronger in banks with less influence from controlling shareholders, more concentrated ownership structures, and in more developed provinces. Overall, our results find support for the agency view, where managers in government-owned banks use accruals management to reduce social and political responsibilities, leading to increases in their promotion prospects.
Laura Lamb Of Oswego Published Research Article Recognized By IMA oswegocountytoday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from oswegocountytoday.com Daily Mail and Mail on Sunday newspapers.