How to cite this paper
Opudu, O & Eze, G. (2022). Earnings management and managerial compensation in Nigerian manufacturing firms.Accounting, 8(4), 385-394.
Refrences
Ayers, B.C., Jiang, J.(X)., & Yeung, P.E. (2006).Discretionary accruals and earnings management: An analysis of pseudo earnings targets. The Accounting review, 81(3), 32-65.
Barth, M., Cram, D., & Nelson, K. (2001). Accruals and the prediction of future cash flows .Accounting Review, 76(1), 27-59.
Becker, B. (2006). Wealth and executive compensation. Journal of Finance, 61(1), 379–397.
Beneish, M. D. (2001). Earnings management: A perspective. Managerial Finance, 27(12), 3-17.
Bisogno, M. & Donatella, P. (2022). Earnings management in public-sector organizations: a structured literature review, Journal of Public Budgeting, Accounting & Financial Management, 34(6) 1-25.
Dadhania, M. & Bhayani, S. (2014). Corporate governance and financial performance; comparative study of Indian banking and I.T. firms. 644-659.http://gtuelibrary.edu.in/documents/EBook/corporate governance/62.pdf.Accessed on 19th of December 2021
DeAngelo, L.E. (1986). Accounting numbers as market valuation substitutes: A study of management buyouts of public stockholders. The Accounting Review, 61(3). 400-420.
Dechow, P. M., Sloan, R. G., & Sweeney, A. P. (1995). Detecting earnings management. Accounting Review, 70(2), 193-225.
Dharan, B.G., (2004).Enron's accounting issues: What can we learn to prevent future Enrons? New York: Foundation Press, 130-124.
Duncan, O.E. (2012). Executive compensation and firm financial performance: A critical literature review; School of Business, University of Nairobi, Kenya
Ecker, F., Francis, J., Olsson, P., & Schipper, K. (2013). Estimation sample selection for discretionary accruals models. Journal of Accounting and Economics, 56(2-3), 190-211.
Efendi, J., Sirvastara, A., & Swanson, E. P., (2007). Why do corporate managers misstate financial statements? The role of option compensation, corporate governance, and other factors, Journal of Financial Economics, 85, 667-708.
Evans, M., Houstan, R., Peters, M., & Pratt, J. (2012). The financial reporting environment, reporting discretion, and earnings management. US GAAP vs IFRS. Working paper, Indiana University, Accessed on 20th of June 2021.
Fayoumi, N A., Abuzayed, B. & Alexander, D. (2010). Ownership structure and earnings management in earnings markets: the case of Jordan. Journal of finance and economic. 38.
Gao, S., Meng, Q., Chan, K. C., & Wu, W. (2017). Earnings management before IPOs: are institutional investors misled? Journal of Empirical Finance, 42, 90-108.
Guilding, C., Warnken, J., Ardill, A., &Fredline, L. (2005). An agency theory perspective on the owner/manager relationship in tourism-based condominiums.Tourism Management, 26, 409-420.
Gujuratti, D. & Sangeetha, S. (2008). Basic econometrics. 4th Edition (with CD-ROM) India: Tata McGraw Hill Educational Publishers.
Hassen, R.B., (2014). Executive compensation and earnings management. Macro think institute: International Journal of Accounting and Financial Reporting, 4(1)
Healy, P. M. (1985). The effect of bonus schemes on accounting decisions. Journal of Accounting &Economics, 7(1), 85-113.
Healy, P.M., & Wahlen. J.M. (1999). A review of the earnings management literature and its implications for standard setting. Accounting horizons, 13(4) 365-383.
Hill, C. W., & Jones, T. M. (1992). Stakeholder-Agency Theory. Journal of Management Studies, 29(2), 131-154.
Holthausen, R., Larcker, D., & Sloan, R. (1995). Annual bonus schemes and the manipulation of earnings. Journal of Accounting and Economics, 19(1)
Ipino, E., & Parbonetti, A. (2016). Mandatory IFRS adoption: the trade-off between accrual-based and real earnings management. Accounting and Business Research, 47(1), 91-121.
Jensen, M. C., & Meckling, W. H. (1979). Theory of the firm: managerial behavior, agency costs, and ownership structure (pp. 163-231). Springer Netherlands. Referred from http://link.springer.com/chapter/10.1007/978- 94-009-9257-3_8.accessed on 14th of November 2021.
Jones, J. (1991). Earnings management during import relief investigations.Journal of Accounting Research 29(1) 193-228.
Kent, P., Routledge, J. & Stewart, J., (2010). Innate and discretionary accruals quality and corporate governance. Accounting & Finance, 50(1), 171-195.
Kothari, S. P., Leone, A. J. & Wasley, C. E. (2005). Performance Matched Discretionary Accrual Measures.Journal of Accounting and Economics, 39(2) 163–197.
Kumari P., & Pattanayak P.K., (2015).Earnings management and firm performance: an insight into Indian commercial banks. Journal of Scientific Research and Development 2(11), 76-84.
Leuz, C., Nanda, D., & Wysocki, P.D. (2003). Earnings management and investor protection: An international comparison. Journal of Financial Economics, 69(3), 505–527.
Li, V. (2019). The effect of real earnings management on the persistence and informativeness of earnings. British Accounting Review, 51, 402-423.
Lisic, L., Pevzner, M., & Chi, W. (2011). Is enhanced audit quality associated with greater real earnings management? Accounting Horizons, 25(2), 315-335.
Meo, F. D., Lara, J. M., & Surroca, J. A. (2017). Managerial entrenchment and earnings management. Journal of Accounting and Public Policy, 36(5),399-414.
Miyamoto, D. & Higuchi, J. (2015). Paying for success: Performance- related pay systems and its effects on firm performance in Japan. Journal of Asian business and management, 6(3), 9-31
Myers, L. & Skinner.D. (2000). Earnings momentum and earnings management. Working paper. University of Michigan. Accessed on 20th of March 2020.
Osma, B.G. & Noguer B.G. (2007). The effect of the board composition and its monitoring committees on earnings management: evidence from Spain. Journal compilation Blackwell publication, 15(6), 116-131.
Ogiriki T. & Toru, W. (2018). The effect of earnings management on firm performance in Nigerian Manufacturing Firms. AKSU Journal of Management Sciences, 3(1).
Peasnell, K.V., Pope, P.F., & Young, S.E. (2005). Board monitoring and discretionary accruals: Do outside directors influence abnormal accruals? Journal of Business, Finance & Account, 32(7-8), 1311-1346
Premti, A., & Smith, G. (2020). Earnings management in the pre-IPO process: biases and predictors. Research in International Business and Finance, 52(C), 101-120.
Sarbanes- Oxley Act (2002).Retrieved fromhttp://www.soxlaw.com/.Accessed on 24th of February 2013.
Sarkar, J., Sarkar, S. & Sen, K. (2008). Board of directors and opportunistic earnings management: Evidence from India. Journal of Accounting, Auditing & Finance, 23(4), 4517-551.
Schipper, K (1989). Commentary on earnings management. Accounting Horizons, 3(4), 91–102.
Sletten, E., Ertimur, Y., Sunder, J., & Weber, J. (2018). When and why do IPO firms manage earnings? Review of Accounting Studies, 23(3), 872-906.
Strakova, L., & Michalkova, L. (2020). Verification of earnings management in Slovak enterprises using Teoh, Welch and Wong model. In Proceedings of the International Scientific Conference Hradec Economic Days 2020. Hradec Králové: University of Hradec Králové.
Sun. L.& Hovey M., (2012). The endogeneity of executive compensation and its impact on management discretionary behavior over financial reporting.25thAustriallian Finance and Banking conference.
Sundvik, D. (2017). Book-tax conformity and earnings management in response to tax rate cuts. Journal of International Accounting, Auditing and Taxation, 28, 31-42.
Teoh, S. H., Welch, I., & Wong, T. (1998). Earnings management and the long-run market performance of initial public offerings. Journal of Finance, 53(6), 1935-1974.
Uygur, O. (2013). Earnings management and executive compensation: evidence from banking industry. Banking and finance review. Rowan University, USA.
Wang, Y., Wang, F., & Liu, S. (2021). The Influence of Executive Compensation Gap on Earnings Management from the Perspective of Media Supervision: Evidence from China. Discrete Dynamics in Nature and Society, Article ID 3203759.
Barth, M., Cram, D., & Nelson, K. (2001). Accruals and the prediction of future cash flows .Accounting Review, 76(1), 27-59.
Becker, B. (2006). Wealth and executive compensation. Journal of Finance, 61(1), 379–397.
Beneish, M. D. (2001). Earnings management: A perspective. Managerial Finance, 27(12), 3-17.
Bisogno, M. & Donatella, P. (2022). Earnings management in public-sector organizations: a structured literature review, Journal of Public Budgeting, Accounting & Financial Management, 34(6) 1-25.
Dadhania, M. & Bhayani, S. (2014). Corporate governance and financial performance; comparative study of Indian banking and I.T. firms. 644-659.http://gtuelibrary.edu.in/documents/EBook/corporate governance/62.pdf.Accessed on 19th of December 2021
DeAngelo, L.E. (1986). Accounting numbers as market valuation substitutes: A study of management buyouts of public stockholders. The Accounting Review, 61(3). 400-420.
Dechow, P. M., Sloan, R. G., & Sweeney, A. P. (1995). Detecting earnings management. Accounting Review, 70(2), 193-225.
Dharan, B.G., (2004).Enron's accounting issues: What can we learn to prevent future Enrons? New York: Foundation Press, 130-124.
Duncan, O.E. (2012). Executive compensation and firm financial performance: A critical literature review; School of Business, University of Nairobi, Kenya
Ecker, F., Francis, J., Olsson, P., & Schipper, K. (2013). Estimation sample selection for discretionary accruals models. Journal of Accounting and Economics, 56(2-3), 190-211.
Efendi, J., Sirvastara, A., & Swanson, E. P., (2007). Why do corporate managers misstate financial statements? The role of option compensation, corporate governance, and other factors, Journal of Financial Economics, 85, 667-708.
Evans, M., Houstan, R., Peters, M., & Pratt, J. (2012). The financial reporting environment, reporting discretion, and earnings management. US GAAP vs IFRS. Working paper, Indiana University, Accessed on 20th of June 2021.
Fayoumi, N A., Abuzayed, B. & Alexander, D. (2010). Ownership structure and earnings management in earnings markets: the case of Jordan. Journal of finance and economic. 38.
Gao, S., Meng, Q., Chan, K. C., & Wu, W. (2017). Earnings management before IPOs: are institutional investors misled? Journal of Empirical Finance, 42, 90-108.
Guilding, C., Warnken, J., Ardill, A., &Fredline, L. (2005). An agency theory perspective on the owner/manager relationship in tourism-based condominiums.Tourism Management, 26, 409-420.
Gujuratti, D. & Sangeetha, S. (2008). Basic econometrics. 4th Edition (with CD-ROM) India: Tata McGraw Hill Educational Publishers.
Hassen, R.B., (2014). Executive compensation and earnings management. Macro think institute: International Journal of Accounting and Financial Reporting, 4(1)
Healy, P. M. (1985). The effect of bonus schemes on accounting decisions. Journal of Accounting &Economics, 7(1), 85-113.
Healy, P.M., & Wahlen. J.M. (1999). A review of the earnings management literature and its implications for standard setting. Accounting horizons, 13(4) 365-383.
Hill, C. W., & Jones, T. M. (1992). Stakeholder-Agency Theory. Journal of Management Studies, 29(2), 131-154.
Holthausen, R., Larcker, D., & Sloan, R. (1995). Annual bonus schemes and the manipulation of earnings. Journal of Accounting and Economics, 19(1)
Ipino, E., & Parbonetti, A. (2016). Mandatory IFRS adoption: the trade-off between accrual-based and real earnings management. Accounting and Business Research, 47(1), 91-121.
Jensen, M. C., & Meckling, W. H. (1979). Theory of the firm: managerial behavior, agency costs, and ownership structure (pp. 163-231). Springer Netherlands. Referred from http://link.springer.com/chapter/10.1007/978- 94-009-9257-3_8.accessed on 14th of November 2021.
Jones, J. (1991). Earnings management during import relief investigations.Journal of Accounting Research 29(1) 193-228.
Kent, P., Routledge, J. & Stewart, J., (2010). Innate and discretionary accruals quality and corporate governance. Accounting & Finance, 50(1), 171-195.
Kothari, S. P., Leone, A. J. & Wasley, C. E. (2005). Performance Matched Discretionary Accrual Measures.Journal of Accounting and Economics, 39(2) 163–197.
Kumari P., & Pattanayak P.K., (2015).Earnings management and firm performance: an insight into Indian commercial banks. Journal of Scientific Research and Development 2(11), 76-84.
Leuz, C., Nanda, D., & Wysocki, P.D. (2003). Earnings management and investor protection: An international comparison. Journal of Financial Economics, 69(3), 505–527.
Li, V. (2019). The effect of real earnings management on the persistence and informativeness of earnings. British Accounting Review, 51, 402-423.
Lisic, L., Pevzner, M., & Chi, W. (2011). Is enhanced audit quality associated with greater real earnings management? Accounting Horizons, 25(2), 315-335.
Meo, F. D., Lara, J. M., & Surroca, J. A. (2017). Managerial entrenchment and earnings management. Journal of Accounting and Public Policy, 36(5),399-414.
Miyamoto, D. & Higuchi, J. (2015). Paying for success: Performance- related pay systems and its effects on firm performance in Japan. Journal of Asian business and management, 6(3), 9-31
Myers, L. & Skinner.D. (2000). Earnings momentum and earnings management. Working paper. University of Michigan. Accessed on 20th of March 2020.
Osma, B.G. & Noguer B.G. (2007). The effect of the board composition and its monitoring committees on earnings management: evidence from Spain. Journal compilation Blackwell publication, 15(6), 116-131.
Ogiriki T. & Toru, W. (2018). The effect of earnings management on firm performance in Nigerian Manufacturing Firms. AKSU Journal of Management Sciences, 3(1).
Peasnell, K.V., Pope, P.F., & Young, S.E. (2005). Board monitoring and discretionary accruals: Do outside directors influence abnormal accruals? Journal of Business, Finance & Account, 32(7-8), 1311-1346
Premti, A., & Smith, G. (2020). Earnings management in the pre-IPO process: biases and predictors. Research in International Business and Finance, 52(C), 101-120.
Sarbanes- Oxley Act (2002).Retrieved fromhttp://www.soxlaw.com/.Accessed on 24th of February 2013.
Sarkar, J., Sarkar, S. & Sen, K. (2008). Board of directors and opportunistic earnings management: Evidence from India. Journal of Accounting, Auditing & Finance, 23(4), 4517-551.
Schipper, K (1989). Commentary on earnings management. Accounting Horizons, 3(4), 91–102.
Sletten, E., Ertimur, Y., Sunder, J., & Weber, J. (2018). When and why do IPO firms manage earnings? Review of Accounting Studies, 23(3), 872-906.
Strakova, L., & Michalkova, L. (2020). Verification of earnings management in Slovak enterprises using Teoh, Welch and Wong model. In Proceedings of the International Scientific Conference Hradec Economic Days 2020. Hradec Králové: University of Hradec Králové.
Sun. L.& Hovey M., (2012). The endogeneity of executive compensation and its impact on management discretionary behavior over financial reporting.25thAustriallian Finance and Banking conference.
Sundvik, D. (2017). Book-tax conformity and earnings management in response to tax rate cuts. Journal of International Accounting, Auditing and Taxation, 28, 31-42.
Teoh, S. H., Welch, I., & Wong, T. (1998). Earnings management and the long-run market performance of initial public offerings. Journal of Finance, 53(6), 1935-1974.
Uygur, O. (2013). Earnings management and executive compensation: evidence from banking industry. Banking and finance review. Rowan University, USA.
Wang, Y., Wang, F., & Liu, S. (2021). The Influence of Executive Compensation Gap on Earnings Management from the Perspective of Media Supervision: Evidence from China. Discrete Dynamics in Nature and Society, Article ID 3203759.