Pregled bibliografske jedinice broj: 1110239
The effect of regulatory changes on relationship between earnings management and financial reporting timeliness: The case of COVID-19 pandemic
The effect of regulatory changes on relationship between earnings management and financial reporting timeliness: The case of COVID-19 pandemic // Zbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu, 38 (2020), 2; 453-473 doi:10.18045/zbefri.2020.2.453 (međunarodna recenzija, članak, znanstveni)
CROSBI ID: 1110239 Za ispravke kontaktirajte CROSBI podršku putem web obrasca
Naslov
The effect of regulatory changes on
relationship between earnings management and
financial reporting timeliness:
The case of COVID-19 pandemic
(The effect of regulatory changes on
relationship between earnings management and
financial reporting timeliness: The
case of COVID-19 pandemic)
Autori
Šušak, Toni
Izvornik
Zbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu (1331-8004) 38
(2020), 2;
453-473
Vrsta, podvrsta i kategorija rada
Radovi u časopisima, članak, znanstveni
Ključne riječi
COVID-19 ; coronavirus ; earnings management ; financial reporting delay ; financial reporting timeliness
Sažetak
The purpose of this paper was to examine the effect of regulatory changes regarding financial reporting deadlines introduced because of COVID-19 pandemic on relationship between earnings management and financial reporting timeliness. Using sample of companies listed on stock exchange in Republic of Croatia for the period from 2015 to 2019, pooled OLS regression model was estimated with panel data. Financial reporting timeliness was measured with financial reporting delay, while level of earnings management was proxied by discretionary accruals. Empirical results supported the hypothesis that the aforementioned changes of regulatory framework during the extraordinary pandemic circumstances had a statistically significant positive effect on relationship between earnings management and financial reporting delay, indicating that financial reporting delays after regulatory changes during pandemic could be attributed to earnings management activities. Furthermore, after separating income- increasing and income- decreasing accruals, moderating effect of regulatory changes was significant and negative only in case of income decreasing accruals, suggesting that companies were adjusting their financial information in accordance with pessimistic economic forecasts to mitigate probable profitability deterioration in future periods.
Izvorni jezik
Engleski
Znanstvena područja
Ekonomija
POVEZANOST RADA
Ustanove:
Sveučilište u Splitu Sveučilišni odjel za forenzične znanosti
Profili:
Toni Šušak
(autor)
Citiraj ovu publikaciju:
Časopis indeksira:
- Web of Science Core Collection (WoSCC)
- Emerging Sources Citation Index (ESCI)
- Scopus
- EconLit
