Industry-Specific Discretionary Accruals and Earnings Management
| Abstract | In this dissertation, I examine the source of some of the anomalous capital market outcomes that have been documented for firms with high accruals. Chapter 2 develops and implements a methodology that decomposes a firm's discretionary accruals into a firm-specific and an industry-specific component. I use this decomposition to investigate which component drives the subsequent negative returns associated with firms with high discretionary accruals. My results suggest that these abnormal returns are driven by the firm-specific component of discretionary accruals. Moreover, although industry-specific discretionary accruals do not directly contribute towards this anomaly, I find that it is precisely when industry-specific discretionary accr... (more) |
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| Created Date | 2011 |
| Contributor | Ikram, Atif (Author) / Coles, Jeffrey (Advisor) / Hertzel, Michael (Committee member) / Tserlukevich, Yuri (Committee member) / Arizona State University (Publisher) |
| Subject | Economics, Finance / Accruals Anomaly / Discretionary Accruals / Earnings Management |
| Type | Doctoral Dissertation |
| Extent | 92 pages |
| Language | English |
| Copyright |
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| Reuse Permissions | All Rights Reserved |
| Note | Ph.D. Business Administration 2011 |
| Collaborating Institutions | Graduate College / ASU Library |
| Additional Formats | MODS / OAI Dublin Core / RIS |
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