search query: @freeterm leverage / total: 7
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| Author: | Sundgren, S. |
| Title: | Earnings management in public and private companies - Evidence from Finland |
| Journal: | Liiketaloudellinen aikakauskirja
2007 : 1, p. 35-63 |
| Index terms: | Nordic countries Finland accounting earnings pay private companies public companies |
| Freeterms: | ownership leverage |
| Language: | eng |
| Abstract: | This paper deals with earnings management (hereafter as: e-mgmt.) in public (here as: pbl.) and private (as: prv.) companies (as: comps.) and whether e-mgmt. is a function of leverage based on a matched sample of 99 pbl. and 99 prv. comps. It is found that there is no significant differences in the accounting choice or e-mgmt. measures btw. pbl. and prv. comps. In addition, it is indicated that highly leveraged comps. are more likely to use income increasing accounting methods than comps. with a low leverage. However, the impact of leverage on accounting choices does not significantly differ btw. pbl. and prv. comps. |
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