Languages and Earnings Management
Languages and Earnings Management
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DOI：
10.2139/ssrn.2941120
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发表时间：
2017-03
期刊：
影响因子：
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通讯作者：
Jaehyeong Kim;Yongtae Kim;Jian Zhou
中科院分区：
文献类型：
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作者：
Jaehyeong Kim;Yongtae Kim;Jian Zhou
我们预测，在那些语言不要求说话者在语法上标记未来事件的国家，公司经理认为盈余管理的未来后果更加紧迫，因此他们不太可能从事盈余管理。使用来自38个国家的数据，我们发现，应计盈余管理和真实的盈余管理不太普遍，有较弱的时间分离的语言。我们的研究是第一个检查语言的语法结构和财务报告的特点之间的关系，它扩展了文献的非正式制度对公司行为的影响。
We predict that managers of firms in countries where languages do not require speakers to grammatically mark future events perceive future consequences of earnings management to be more imminent, and therefore they are less likely to engage in earnings management. Using data from 38 countries, we find that accrual-based earnings management and real earnings management are less prevalent where there is weaker time disassociation in the language. Our study is the first to examine the relation between the grammatical structure of languages and financial reporting characteristics, and it extends the literature on the effect of informal institutions on corporate actions.