BibTex RIS Kaynak Göster

The Roles of Institutional Investors and Insiders in Earnings Management Around IPO Firms in Taiwan

Yıl 2015, Cilt: 5 Sayı: 2, 340 - 353, 01.06.2015

Ming-Feng Hsu Shiow-Ying Wen

Öz

This paper examines the influence of the proportion and stability of insider’s and institutional shareholdings on earnings management after initial public offerings (IPOs) firms in Taiwan, covering data in Taiwan Stock Exchange and GreTai Securities Market from 2000 to 2009. We apply performance-matched discretionary accruals and performance-matched real earnings management as dependent variables to depicting earnings management behavior. The empirical findings show that managers with unstable high shareholdings tend to perform accruals management to fit the threshold in the second year and the third year after IPOs. Further, institutional investors with unstable high shareholdings incline to courage firms to manipulate discretionary accruals for short-term trading profits in all three years after IPOs.

Anahtar Kelimeler

Insiders Institutional Investors Earnings Management Initial Public Offering

Yıl 2015, Cilt: 5 Sayı: 2, 340 - 353, 01.06.2015

Ming-Feng Hsu Shiow-Ying Wen

Öz

Toplam 0 adet kaynakça vardır.

Ayrıntılar

Diğer ID JA52TY65SP
Bölüm Araştırma Makalesi
Yazarlar

Ming-Feng Hsu Bu kişi benim

Shiow-Ying Wen Bu kişi benim

Yayımlanma Tarihi 1 Haziran 2015
Yayımlandığı Sayı Yıl 2015 Cilt: 5 Sayı: 2

Kaynak Göster

APA Hsu, M.-F., & Wen, S.-Y. (2015). The Roles of Institutional Investors and Insiders in Earnings Management Around IPO Firms in Taiwan. International Journal of Economics and Financial Issues, 5(2), 340-353.
AMA Hsu MF, Wen SY. The Roles of Institutional Investors and Insiders in Earnings Management Around IPO Firms in Taiwan. IJEFI. Haziran 2015;5(2):340-353.
Chicago Hsu, Ming-Feng, ve Shiow-Ying Wen. “The Roles of Institutional Investors and Insiders in Earnings Management Around IPO Firms in Taiwan”. International Journal of Economics and Financial Issues 5, sy. 2 (Haziran 2015): 340-53.
EndNote Hsu M-F, Wen S-Y (01 Haziran 2015) The Roles of Institutional Investors and Insiders in Earnings Management Around IPO Firms in Taiwan. International Journal of Economics and Financial Issues 5 2 340–353.
IEEE M.-F. Hsu ve S.-Y. Wen, “The Roles of Institutional Investors and Insiders in Earnings Management Around IPO Firms in Taiwan”, IJEFI, c. 5, sy. 2, ss. 340–353, 2015.
ISNAD Hsu, Ming-Feng - Wen, Shiow-Ying. “The Roles of Institutional Investors and Insiders in Earnings Management Around IPO Firms in Taiwan”. International Journal of Economics and Financial Issues 5/2 (Haziran 2015), 340-353.
JAMA Hsu M-F, Wen S-Y. The Roles of Institutional Investors and Insiders in Earnings Management Around IPO Firms in Taiwan. IJEFI. 2015;5:340–353.
MLA Hsu, Ming-Feng ve Shiow-Ying Wen. “The Roles of Institutional Investors and Insiders in Earnings Management Around IPO Firms in Taiwan”. International Journal of Economics and Financial Issues, c. 5, sy. 2, 2015, ss. 340-53.
Vancouver Hsu M-F, Wen S-Y. The Roles of Institutional Investors and Insiders in Earnings Management Around IPO Firms in Taiwan. IJEFI. 2015;5(2):340-53.