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Additional avidence on bonus plants and income management
We extend Healy (1985) by examining the relation between discretionary accruals and bonus plan bounds for a sample of 102 firms for the 1980?1990 period. Contrary to Healy, we find that when earnings before discretionary accruals fall below the lower bound, managers select income-increasing discretionary accruals (and vice versa). We believe that our results are more consistent with the income smoothing hypothesis than with Healy's bonus hypothesis. However, mechanical selection bias in portfolio formation cannot be entirely ruled out as an alternative explanation for our results..Hardcopy
Ketersediaan
| Call Number | Location | Available |
|---|---|---|
| IM1510572 | PSB lt.dasar - Pascasarjana | 1 |
| Penerbit | : Elsevier Science |
|---|---|
| Edisi | - |
| Subjek | Accruals Management compensation Bonus plans Earnings manipulation |
| ISBN/ISSN | - |
| Klasifikasi | - |
| Deskripsi Fisik | - |
| Info Detail Spesifik | - |
| Other Version/Related | Tidak tersedia versi lain |
| Lampiran Berkas | Tidak Ada Data |