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Real Earnings Management and Governance Attributes in the Context of IPO Failure

Amna, Chalwati - 2014

This study examines the association between real earnings management, governance attributes, and IPO failure risk. Using a sample of 4174 IPOs firms that went public over the period of 1998-2011, we find evidence that real earnings management and governance attributes are associated with IPO...

Persistent link: https://www.econbiz.de/10013060764

Earnings management around initial public offerings : a re-examination

Armstrong, Christopher; Foster, George; Taylor, Daniel J. - 2009 - Last rev.: September 29, 2009

Newly public companies tend to exhibit abnormally high accruals in the year of their initial public offering (IPO). Although the prevailing view in the literature is that these accruals are caused by opportunistic misreporting, we show that these accruals do not appear to benefit managers and...

Persistent link: https://www.econbiz.de/10009349838

How Do Financial Constraints Relate to Financial Reporting Quality? Evidence from Seasoned Equity Offerings

Kurt, Ahmet C. - 2016

This paper examines how constraints on firms' financing capacity relate to managers' discretionary accounting choices …

Persistent link: https://www.econbiz.de/10013007556

Impact of accounting conservatism on IPO under-pricing : evidence from India

Sreenu, Nenavath; Pradhan, Ashis Kumar; Vo Xuan Vinh; … - In: Cogent economics & finance 10 (2022) 1, pp. 1-21

In this paper, we investigate whether the use of accounting conservatism in India decreases IPO underpricing, which is … implication of accounting conservatism for IPOs. Based on a regression analysis of 527 firms that went public through IPOs of "A … conservatism and under-pricing is robust to alternative measures of accounting conservatism, mean regressions, sample exclusions …

Persistent link: https://www.econbiz.de/10014500281

When does pre-IPO financial reporting trigger post-IPO legal consequences?

Billings, Mary Brooke; Lewis-Western, Melissa Fay - In: Contemporary accounting research : a journal of the … 33 (2016) 1, pp. 378-411

Persistent link: https://www.econbiz.de/10011473616

Do Initial Public Offering Firms Manage Accruals? Evidence from Individual Accounts

Cecchini, Mark - 2017

We examine whether initial public offering (IPO) firms exercise discretion over an individual accrual account on the balance sheet - the allowance for uncollectible accounts - and an individual accrual account on the income statement - bad debt expense. Our research design exploits a unique...

Persistent link: https://www.econbiz.de/10012975918

Initial Public Offerings, Earnings Management and Venture Capital : Evidence in Bull and Bear Market Conditions

Cho, Jaemin - 2012

Earnings management at the time of the IPO is an important issue and has captured considerable attention of academic literatures. However, there have been few studies testing earnings management in the context of market condition, and when financial intermediaries such as venture capital (VC)...

Persistent link: https://www.econbiz.de/10013106128

Accrual and Real Earnings Management and the Reputation of Nominated Advisors Around IPOs : The Experience of the UK Alternative Investment Market

Alhadab, Mohammad - 2020

This paper investigates whether the reputation of the Nominated Advisor (Nomad) impacts accrual and real earnings management of Initial Public Offering (IPO) firms on the Alternative Investment Market (AIM) of the London Stock Exchange in the UK. While role of Nomads on AIM market is a...

Persistent link: https://www.econbiz.de/10012849832

The impact of IFRS adoption on IPO management earnings forecasts in Australia

Firth, Michael - 2020

in greater underpricing under the IFRS regime. Overall, this study confirms that IFRS is a set of high-quality accounting … standards which improve the information environment and accounting quality …

Persistent link: https://www.econbiz.de/10012857133

Earnings Management by Classification Shifting and IPO Survival

Anagnostopoulou, Seraina C. - 2020

The study examines the effect of earnings management by classification shifting on firm success, focusing on the survival of newly listed firms. We argue that shifting income-decreasing expenses from core to special items should negatively associate with future operating performance because of...

Persistent link: https://www.econbiz.de/10012846574