2011 Fiscal Year Final Research Report
Empirical research regarding accruals quality
| Project/Area Number |
21530472
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| Research Category |
Grant-in-Aid for Scientific Research (C)
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| Allocation Type | Single-year Grants |
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| Section | 一般 |
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| Research Field |
Accounting
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| Research Institution | 福島学院大学短期大学部 (2011)
Fukushima College (2009-2010) |
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Principal Investigator |
NAKASHIMA Masumi 福島学院大学短期大学部, 情報ビジネス科, 教授 (90249219)
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| Co-Investigator(Renkei-kenkyūsha) |
SUDA Kazuyuki 早稲田大学, 商学学術院, 教授 (00171273)
SASAKI Takashi 一橋大学, 商学研究科, 教授 (10235252)
OKUDA Shin' ya 大阪学院大学, 流通科学科, 准教授 (40351431)
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| Project Period (FY) |
2009 – 2011
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| Keywords | 会計発生高の質(Accruals Quality) / 実証分析 / 内部統制(Internal Controls) / 経営者の裁量的行動 / コーポレート・ガバナンス |
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| Research Abstract |
This study investigates the changes in earnings quality in pre-and post-SOX periods comprehensively by testing discretionary accruals, accuracy of cash flow prediction, and accruals quality. This study cross-tests the association between the changes in accruals management and real management in pre-and post-SOX periods and determinants of earnings management. I find after the passage of SOX, only opportunistic accruals management declined and accruals management which conveys private information remains through the association with predictive errors and accruals quality. Based on the results that predictive accuracy is significantly associated with accruals quality, it is likely that earnings management of material weaknesses disclosing firms reflects managerial opportunism.
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