Do firms' earnings management practices affect their equity liquidity?

doi:10.1016/j.frl.2009.03.003

完整後設資料紀錄

DC 欄位	值	語言
dc.contributor.author	Chung, Huimin	en_US
dc.contributor.author	Sheu, Her-Jiun	en_US
dc.contributor.author	Wang, Juo-Lien	en_US
dc.date.accessioned	2014-12-08T15:20:00Z	-
dc.date.available	2014-12-08T15:20:00Z	-
dc.date.issued	2009-09-01	en_US
dc.identifier.issn	1544-6123	en_US
dc.identifier.uri	http://dx.doi.org/10.1016/j.frl.2009.03.003	en_US
dc.identifier.uri	http://hdl.handle.net/11536/14169	-
dc.description.abstract	This study investigates the relationship between earnings management and equity liquidity, positing that as incentives arise for the manipulation of firm performance through earnings management (due partly to conflicts of interest between firm insiders and outsiders), greater earnings management may signal higher adverse selection costs. If earnings manipulation reveals aggressive accounting practices, liquidity providers tend to widen bid-ask spreads to protect themselves. The empirical results indicate that companies with higher earnings management suffer lower equity liquidity. (C) 2009 Elsevier Inc. All rights reserved.	en_US
dc.language.iso	en_US	en_US
dc.subject	Equity liquidity	en_US
dc.subject	Adverse selection costs	en_US
dc.subject	Earnings management	en_US
dc.title	Do firms' earnings management practices affect their equity liquidity?	en_US
dc.type	Article	en_US
dc.identifier.doi	10.1016/j.frl.2009.03.003	en_US
dc.identifier.journal	FINANCE RESEARCH LETTERS	en_US
dc.citation.volume	6	en_US
dc.citation.issue	3	en_US
dc.citation.spage	152	en_US
dc.citation.epage	158	en_US
dc.contributor.department	管理科學系	zh_TW
dc.contributor.department	資訊管理與財務金融系註：原資管所+財金所	zh_TW
dc.contributor.department	Department of Management Science	en_US
dc.contributor.department	Department of Information Management and Finance	en_US
dc.identifier.wosnumber	WOS:000281149600005	-
dc.citation.woscount	1	-
顯示於類別：	期刊論文

文件中的檔案：

000281149600005.pdf

若為 zip 檔案，請下載檔案解壓縮後，用瀏覽器開啟資料夾中的 index.html 瀏覽全文。