The Impact of Earnings Management on Stock Returns: The Case of Tunisian Firms

Sonia Sayari

The Impact of Earnings Management on Stock Returns: The Case of Tunisian Firms

Sonia Sayari * §

Contact

§ University of Mannouba.,Tunisia

The Impact of Earnings Management on Stock Returns: The Case of Tunisian Firms

Article Fingerprint

ReserarchID

MBR2C0F3

The Impact of Earnings Management on Stock Returns: The Case of Tunisian Firms Banner

AI TAKEAWAY

Connecting with the Eternal Ground

References

48 Cites in Article

Reference Format

Ayers,John,C Benjamin,Jiang Xuefeng,Yeung Eric (1968). Discretionary Accruals and Earnings Management: An Analysis of Pseudo Earnings Targets.
S Balsam,C Marquart,E Bartov (2002). Accruals management, investor sophistication, and equity valuation: evidence from 10-Q filings.
L Bamber,Cheon Christensen,T (2001). Factors associated with differences in the magnitude of abnormal returns around NYSE versus Nasdaq firm's earnings announcements.
W Beaver (1968). The information content of annual earnings announcements.
William Beaver,Carol Eger,Stephen Ryan,Mark Wolfson (1989). Financial Reporting, Supplemental Disclosures, and Bank Share Prices.
Anne Beyer (2009). Capital Market Prices, Management Forecasts, and Earnings Management.
David Burgstahler,Luzi Hail,Christian Leuz (2004). The Importance of Reporting Incentives: Earnings Management in European Private and Public Firms.
Peter Christensen,Gerald Feltham,Martin Wu (2000). 'Cost Of Capital' in Residual Income for Performance Evaluation.
B Colasse (2005). La régulation comptable entre public et privé.
B Colasse (2009). Théories comptables.
Paul Hribar,Daniel Collins (2002). Errors in Estimating Accruals: Implications for Empirical Research.
S Chtourou,L Courteau,J Bédard (2001). Corporate Governance and earnings management.
L Courteau,J Kao,Y Tian (2011). The impact of earnings management on the performance of earnings-based valuation models.
P Dechow,D Skiner (2000). Earnings management: reconciling the views of accounting 2.
R Baber William,Sok-Hyon Kang (2001). Stock Price Reactions to On-Target Earnings Announcements Implications for Earnings Management.
Ray Ball,Philip Brown (1968). An Empirical Evaluation of Accounting Income Numbers.
P Dechow,R Sloan,A Sweeny (1995). Detecting earnings management.
F Degeorge,J Patel,R Zeckhauser (1999). Earnings management to exceed thresholds.
S Divesh,Errol Sharma,Iselin,A Dontoh (1993). The decision usefulness of reported cash flow and 20.
P Dumontier (1999). Information comptable et création de valeur : le cours de bourse ne suffit pas.
P Dumontier,S Elleuch (2002). Mendès France, Pierre.
P Dumontier,B Raffournier (2002). Accounting and capital markets: a survey of the european evidence.
Foerster Stephen,R,Stephen Sapp,Yaqi Shi (2009). The Impact of Management Earnings Forecasts on Firm Risk and Firm Value.
Katherine Gunny,Katherine (2009). The Relation between Earnings Management Using Real Activities Manipulation and Future Performance: Evidence from Meeting Earnings Benchmarks.
S Grossman,J Stiglitz (1976). Information and competitive price systems.
A Hunt,S Moyer,T Shevlin (1995). Earnings volatility, earnings management and equity value.
R Janin (2000). Gestion des chiffres comptbles, contenu informationnel du résultat et mesure de la création de valeur.
Qiang Kang; Qiao,Rong Liu,Qi (2010). Predicting Stock Market Returns with Aggregate Discretionary Accruals.
Kim Verrecchia,R (1991). Trading volume and price reactions to public announcements.
Ping-Sheng Koh (2003). On the association between institutional ownership and aggressive corporate earnings management in Australia.
Z Nikbakht,A Aflatooni (2009). Income Smoothing, Real Earnings Management and Long-Run Stock Returns.
J Rouen,Nam Brochet (2012). The predictive value of accruals and consequences for market anomalies.
Sayari Sonia,; Omri,Abdelwahed (2006). The impact of income smoothing in stock prices: the case of Tunisian firms.
Michelle Scott Dyreng,Edward Hanlon,Maydew (2011). Where Do Firms Manage Earnings?.
K Subramanyam (1996). The pricing of discretionary accruals.
R Watts,J Zimmerman (1986). Positive Accounting Theory.
Feixue Xie,K Wei (2005). Earnings Management, Corporate Investments, and Stock Returns.
Xi Li (2010). Real Earnings Management and Subsequent Stock Returns.
Young Martin,R Yang,Jing Jingjing,Chi (2011). A Review of Earnings Management in China and its Implications.
Wang,Xiaotong (2006). Stock Return Dynamics Under Earnings Management.
Zarowin,Paul (2002). Does Income Smoothing Make Stock Prices More Informative?.
L Zhen,H Xie,W Xu (2005). Heterogeneous valuation of accruals and trading volume.
C Zhou,J Mei,W Guojun (2003). Behavior based manipulation: Theory and prosecution evidence.
J Zimmerman,F Gao,Shuang Wu,J (2007). Unintended consequences of granting small firms exemptions from securities regulation: evidence from the Sarbanes -Oxley -Act.
Richard Lambert,Christian Leuz,Robert Verrecchia (2011). Information Asymmetry, Information Precision, and the Cost of Capital.
H Louis (2004). Earnings management and the market performance of acquiring firms.
M Mcnichols (2000). Research design issues in earnings management studies.
D Morse (1981). Price and trading volume reaction surrounding earnings announcements: a closer examination.

Download References

Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

Sonia Sayari. . "The Impact of Earnings Management on Stock Returns: The Case of Tunisian Firms". Global Journal of Management and Business Research - C: Finance GJMBR-C Volume 13 (GJMBR Volume 13 Issue C10).

More Citation Formats

Select Citation Style:

Download Citation

GJMBR Volume 13 Issue C10

Explore Journals Explore Volume Read This Issue

Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

Keywords

significant coefficient “discretionary accruals” stocks portfolios

Classification

GJMBR-C Classification JEL Code: G32

Submission ReceivedDecember 7, 2012
Peer Review Double Blind
Handling Editor
Accepted January 5, 2013
Published January 15, 2013

Version of record

v1.2

Language

English

Experiance in AR

Explore published articles in an immersive Augmented Reality environment. Our platform converts research papers into interactive 3D books, allowing readers to view and interact with content using AR and VR compatible devices.

View in VR

Read in 3D

Your published article is automatically converted into a realistic 3D book. Flip through pages and read research papers in a more engaging and interactive format.

View in 3D

Article Matrices

Total Score: 151

Country: Tunisia

Subject: Global Journal of Management and Business Research

Authors: Sonia Sayari, Abdelwahed Omri, Alain Finet, FayAal Mraihi (PhD/Dr. count: 0)

View Count (all-time): 223

Total Views (Real + Logic): 6290

Total Downloads (simulated): 547

Publish Date: 2013 01, Tue

Monthly Totals (Real + Logic):

Month 1: 48 views
Month 2: 37 views
Month 3: 64 views
Month 4: 26 views
Month 5: 38 views
Month 6: 49 views
Month 7: 16 views
Month 8: 31 views
Month 9: 34 views
Month 10: 33 views
Month 11: 39 views
Month 12: 21 views
Month 13: 22 views
Month 14: 41 views
Month 15: 41 views
Month 16: 31 views
Month 17: 31 views
Month 18: 30 views
Month 19: 40 views
Month 20: 36 views
Month 21: 16 views
Month 22: 37 views
Month 23: 30 views
Month 24: 23 views
Month 25: 37 views
Month 26: 25 views
Month 27: 26 views
Month 28: 10 views
Month 29: 25 views
Month 30: 34 views
Month 31: 34 views
Month 32: 30 views
Month 33: 37 views
Month 34: 22 views
Month 35: 31 views
Month 36: 24 views
Month 37: 45 views
Month 38: 45 views
Month 39: 28 views
Month 40: 29 views
Month 41: 25 views
Month 42: 33 views
Month 43: 44 views
Month 44: 17 views
Month 45: 48 views
Month 46: 33 views
Month 47: 37 views
Month 48: 34 views
Month 49: 42 views
Month 50: 50 views
Month 51: 37 views
Month 52: 21 views
Month 53: 22 views
Month 54: 41 views
Month 55: 18 views
Month 56: 11 views
Month 57: 13 views
Month 58: 23 views
Month 59: 30 views
Month 60: 40 views
Month 61: 22 views
Month 62: 38 views
Month 63: 19 views
Month 64: 28 views
Month 65: 39 views
Month 66: 38 views
Month 67: 21 views
Month 68: 24 views
Month 69: 29 views
Month 70: 42 views
Month 71: 46 views
Month 72: 24 views
Month 73: 44 views
Month 74: 48 views
Month 75: 38 views
Month 76: 27 views
Month 77: 34 views
Month 78: 18 views
Month 79: 33 views
Month 80: 33 views
Month 81: 45 views
Month 82: 18 views
Month 83: 23 views
Month 84: 21 views
Month 85: 25 views
Month 86: 24 views
Month 87: 25 views
Month 88: 40 views
Month 89: 22 views
Month 90: 48 views
Month 91: 44 views
Month 92: 14 views
Month 93: 17 views
Month 94: 32 views
Month 95: 33 views
Month 96: 20 views
Month 97: 28 views
Month 98: 34 views
Month 99: 24 views
Month 100: 19 views
Month 101: 22 views
Month 102: 45 views
Month 103: 42 views
Month 104: 26 views
Month 105: 17 views
Month 106: 14 views
Month 107: 41 views
Month 108: 50 views
Month 109: 32 views
Month 110: 31 views
Month 111: 23 views
Month 112: 31 views
Month 113: 14 views
Month 114: 35 views
Month 115: 32 views
Month 116: 29 views
Month 117: 36 views
Month 118: 27 views
Month 119: 27 views
Month 120: 30 views
Month 121: 23 views
Month 122: 36 views
Month 123: 24 views
Month 124: 23 views
Month 125: 21 views
Month 126: 38 views
Month 127: 27 views
Month 128: 40 views
Month 129: 29 views
Month 130: 34 views
Month 131: 29 views
Month 132: 23 views
Month 133: 44 views
Month 134: 25 views
Month 135: 34 views
Month 136: 23 views
Month 137: 40 views
Month 138: 33 views
Month 139: 39 views
Month 140: 25 views
Month 141: 11 views
Month 142: 32 views
Month 143: 31 views
Month 144: 41 views
Month 145: 27 views
Month 146: 26 views
Month 147: 27 views
Month 148: 30 views
Month 149: 14 views
Month 150: 14 views
Month 151: 40 views
Month 152: 31 views
Month 153: 26 views
Month 154: 24 views
Month 155: 46 views
Month 156: 31 views
Month 157: 27 views
Month 158: 38 views
Month 159: 31 views
Month 160: 28 views
Month 161: 29 views
Month 162: 44 views
Month 163: 36 views
Month 164: 23 views
Month 165: 20 views

Total Views: 6.3K

Total Downloads: 547

All Trends