Publication
The Impact of Corporate Governance on Earnings Management of Portuguese Listed Firms
| dc.contributor.author | Lisboa, Inês | |
| dc.contributor.author | Costa, Alexandra | |
| dc.date.accessioned | 2021-07-28T15:37:23Z | |
| dc.date.available | 2021-07-28T15:37:23Z | |
| dc.date.issued | 2020 | |
| dc.description.abstract | This work aims to analyze the impact of corporate governance characteristics on earnings management of Portuguese non-financial listed firms, for the period 2012–2016. Using panel data, we regress discretionary accruals, a proxy of earnings management, against corporate governance characteristics and control variables. The main results show that only two corporate governance variables: the independence of the board of directors and the type of corporate governance model adopted (one-tier or two-tier), and one control variable: level of indebtedness, are relevant to explain firm’s earnings management. Results show that discretionary accruals increase with the independence of the board of directors. Moreover, companies who adopt the two-tier model are less prone to increase accruals due to a greater separation of functions and supervision and an increase in the monitorization of opportunistic behaviors. Finally, this study provides evidence that a high level of indebtedness is a deterrent to earning management practices since creditors also monitor the company’s financial situation. | pt_PT |
| dc.description.version | info:eu-repo/semantics/publishedVersion | pt_PT |
| dc.identifier.citation | Lisboa I., Costa A. (2020) The Impact of Corporate Governance on Earnings Management of Portuguese Listed Firms. In: Crowther D., Seifi S. (eds) Governance and Sustainability. Approaches to Global Sustainability, Markets, and Governance. Springer, Singapore. https://doi.org/10.1007/978-981-15-6370-6_5 | pt_PT |
| dc.identifier.doi | https://doi.org/10.1007/978-981-15-6370-6_5 | pt_PT |
| dc.identifier.isbn | 978-981-15-6369-0 | |
| dc.identifier.isbn | 978-981-15-6370-6 | |
| dc.identifier.uri | http://hdl.handle.net/10400.8/5953 | |
| dc.language.iso | eng | pt_PT |
| dc.peerreviewed | yes | pt_PT |
| dc.publisher | Springer, Singapore | pt_PT |
| dc.relation.publisherversion | https://link.springer.com/chapter/10.1007/978-981-15-6370-6_5 | pt_PT |
| dc.subject | Corporate governance | pt_PT |
| dc.subject | Earnings management | pt_PT |
| dc.subject | Accruals Transparency | pt_PT |
| dc.subject | Portugal | pt_PT |
| dc.title | The Impact of Corporate Governance on Earnings Management of Portuguese Listed Firms | pt_PT |
| dc.type | book part | |
| dspace.entity.type | Publication | |
| oaire.citation.endPage | 99 | pt_PT |
| oaire.citation.startPage | 81 | pt_PT |
| oaire.citation.volume | 5 | pt_PT |
| person.familyName | Lisboa | |
| person.givenName | Inês | |
| person.identifier | 2201979 | |
| person.identifier.ciencia-id | 5510-48F2-54DF | |
| person.identifier.orcid | 0000-0003-2802-2589 | |
| person.identifier.scopus-author-id | 55582040700 | |
| rcaap.rights | closedAccess | pt_PT |
| rcaap.type | bookPart | pt_PT |
| relation.isAuthorOfPublication | d738c31a-5c43-42ad-8643-e7349164d0e4 | |
| relation.isAuthorOfPublication.latestForDiscovery | d738c31a-5c43-42ad-8643-e7349164d0e4 |
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