publication . Doctoral thesis . 2013

Firm and Country Determinants of the Quality of Financial Information

Bonetti, Pietro;
Open Access
  • Published: 29 Jan 2013
  • Country: Italy
Abstract
This thesis is made of three chapters which contribute to the international accounting literature. The first chapter investigates the effect of the legal enforcement on the use of income increasing earnings management (EAR) and downward expectation management (EXP) to meet or beat analyst earnings forecasts. Using a sample of 4,934 firms from fourteen European countries, we document that the strength of the legal enforcement is negatively associated with EAR and positively associated with EXP. We provide evidence of a substitution effect between EAR and EXP only in the presence of strong legal enforcement, while they are complements when the legal enforcement is...
Subjects
Medical Subject Headings: health care economics and organizations
free text keywords: SECS-P/07 Economia aziendale
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Doctoral thesis . 2013
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