What determines the variability of accounting accruals?

被引：45

作者：

Gu Z. ^{[1
]}

Lee C.-W.J. ^{[2
,3
]}

Rosett J.G. ^{[4
]}

机构：

[1] Tepper School of Business, Carnegie Mellon University, Pittsburgh

[2] A.B. Freeman School of Business, Tulane University, New Orleans

[3] School of Economics and Management, Tsinghua University, Beijing

[4] Department of Economics/Accounting, Claremont McKenna College, Claremont

来源：

Review of Quantitative Finance and Accounting | 2005年 / 24卷 / 3期

关键词：

Accounting discretion; Earnings management; Variability of accruals;

D O I：

10.1007/s11156-005-6869-1

中图分类号：

学科分类号：

摘要：

The variability of accounting accruals provides a measure of the normal level of managers' accounting discretion and has important implications for event studies of earnings management. We examine how this measure is related to the economic factors including both firm characteristics and attributes of the disclosure environment. We show that the variability of accruals is related to firm size, leverage, variability of cash flows, operating cycle, growth, and other factors. Significant industry differences and temporal patterns are also found. © 2005 Springer Science + Business Media, Inc.

引用

页码：313 / 334

页数：21

共 38 条

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