Industry-level comparison of earnings management on Philippine IPO firms (1998-2007)
Date of Publication
2008
Document Type
Bachelor's Thesis
Degree Name
Bachelor of Science in Accountancy
Subject Categories
Accounting
College
Ramon V. Del Rosario College of Business
Department/Unit
Accountancy
Defense Panel Member
Joy S. Rabo
Reynald S. Banderlipe
Abstract/Summary
In order to conribute to the existing literature on earnings management, the researchers investigate the extent of earnings management employed on 9 Philippine firms that have undergone initial public offering from 1998-2007. The researchers used the cross-sectional modified Jones (1999) model to measure the amount of discretionary accruals, which serve as the proxy for earnings management. The researchers find that companies engage in earnings management before IPO. They concluded that the level of earnings management is higher on IPO firms compared to that of the listed firms. The study also states that the relationship between stock returns volatility and the level of discretionary accruals is insignificant. Moreover, evidence shows the negative relationship between the level of earnings management and firm size.
Abstract Format
html
Language
English
Format
Accession Number
TU03756
Shelf Location
Archives, The Learning Commons, 12F, Henry Sy Sr. Hall
Physical Description
ix, 97 leaves : ill. 28 cm. + 1 computer optical disc
Keywords
Going public (Securities)--Philippines; Corporations--Philippines--Finance
Recommended Citation
Dayrit, A. E., Dulay, P. R., Lee, F. A., & Silva, K. B. (2008). Industry-level comparison of earnings management on Philippine IPO firms (1998-2007). Retrieved from https://animorepository.dlsu.edu.ph/etd_bachelors/14001