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The present study aims to examine the relationship between dividend policy and earnings management by explicitly … from 2009 to 2018. This study uses fixed- and random effect models as econometric techniques. Dividend policy is measured … with dividend yield, payout ratio, large and small dividend payment status. Earnings management is measured with …
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This study documents that the perception of high private control benefits in firms induces them to disclose private information about future earnings and cash flows through the practice of earnings smoothing. It also shows that this relationship is non-linear in nature. At low levels of...
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