Ethics Perspective of Quality Accounting Information and Future Certainty: A Pattern of Rationally Perceived Decision
DOI:
https://doi.org/10.22219/jrak.v14i1.31405Keywords:
Consistency Characteristics, Earnings Quality, Future Certainty, Rationality PerspectivesAbstract
Purpose: This research tested the distinctive capability of detecting misleading information when real earnings have positively stimulated the smooth movement of the market price.
Methodology/approach: This causal research used the primary data from the investor community in 2022, which amounted to 3.242 respondents for running SEM and endogeneity testing; FGD has been the fittest validation process for capturing the rationality models.
Findings: High consistency of integrity-characteristic played a crucial role in designing a prudent accounting treatment which indicates the ethics code related to highly sustainable business during an uncertain future global economy. Inevitably, a measurement of trust in high earning quality pointed out that this quality measurement is to protect this investment decision in a highly secured, safe area.
Practical implications: One centralized platform of financial reporting services should support the attractiveness of obedience and compliance as an incomparable advantage of positive earnings management. High-prospected firms should be assessed by high-quality accounting information; the delisting procedure has been prioritized firmly for low-prospect ones.
Originality/value: This research explores the pattern of predictive simulation modeling as the existence of game theory, adapted from simplex-linear programming; this rationality model has strengthened as a fundamental requirement to illustrate high future certainty.
Downloads
References
Agustia, D., Muhammad, N. P. A., & Permatasari, Y. (2020). Earnings management, business strategy, and bankruptcy risk: evidence from Indonesia. Heliyon, 6(2). https://doi.org/10.1016/j.heliyon.2020.e03317
Ain, Q. U., & Manping, T. (2022). Economics and Administrative Sciences Determinants Of Dividend Policy Of Non-Financial. Journal of Advanced Research in Economics and Administrative Sciences, 3(2), 95–112. Retrieved from https://doi.org/10.47631/jareas.v3i2.482%0ADETERMINANTS
Akbari, F., Salehi, M., & Vlashani, M. A. B. (2019). The relationship between tax avoidance and firm value with income smoothing: A comparison between classical and Bayesian econometric in multilevel models. International Journal of Organizational Analysis, Volume 27(Issue 1), 125–148. Retrieved from https://doi.org/10.1108/IJOA-09-2017-1235
Akerlof, G. A. (1970). The market for “lemons”: Quality uncertainty and the market mechanism. Quarterly Journal of Economics, 84(3), 488–500. https://doi.org/10.2307/1879431
Akhter, T., & Kalam, A. (2023). Religiosity and bank earnings management : Revisiting international evidence. China Journal of Accounting Research, 100290. https://doi.org/10.1016/j.cjar.2022.100290
Al-Asfour, F., & Abu Saleem, K. (2023). Tax Ethics and Tax Compliance: Evidence From Emerging Markets. Corporate Governance and Organizational Behavior Review, 7(4), 127–136. https://doi.org/10.22495/cgobrv7i4p11
Al-Rassas, A., & Kamardin, H. (2016). Earnings quality and audit attributes in high concentrated ownership market. Corporate Governance: The International Journal of Business in Society., 16(2). https://doi.org/10.1108/CG-08-2015-0110
Almand, A., Cantrell, B., & Dickinson, V. (2023). Accruals and firm life cycle: Improving regulatory earnings management detection. International Review of Financial Analysis, Volume 86, 102506. Retrieved from https://doi.org/10.1016/j.adiac.2023.100642
Ang, X., Han, F., & Peng, X. (2024). Stable suppliers and real earnings management : empirical evidence from private placements. China Journal of Accounting Studies, 00(00), 1–39. https://doi.org/10.1080/21697213.2023.2298785
Arini, N., Rusop, M., Mara, U. T., Mohammed, N. F., Mara, U. T., Mohamad, N., & Mara, U. T. (2022). ACCOUNTING STUDENTS ’ ETHICAL PERCEPTION ON EARNINGS MANAGEMENT. 21(2), 6104.
Askari, G., Gordji, M. E., & Park, C. (2019). The behavioral model and game theory. Palgrave Communications, 5(1), 1–8. https://doi.org/10.1057/s41599-019-0265-2
Assad, N., Jaafar, A., & Zervopoulos, P. D. (2023). The interplay of financial reporting quality and investment efficiency: evidence from the USA. Journal of Financial Reporting and Accounting. Retrieved from https://doi.org/10.1108/JFRA-04-2023-0199
Babu, S. S., & Jayasudha, K. (2022). A Simplex Method-Based Bacterial Colony Optimization Algorithm for Data Clustering Analysis. International Journal of Pattern Recognition and Artificial Intelligence, VOL. 36, N. Retrieved from https://doi.org/10.1142/S0218001422590273
Baker, H. K., & Powell, G. E. (2015). Dividend policy in Indonesia: Survey evidence from executives. Journal of Asia Business Studies, 6(1), 79–92. https://doi.org/10.1108/15587891211191399
Bandi. (2012). Finance Perspective versus Accounting Perspective: The Case of Earnings Persistence in Indonesia. International Journal of Economics and Finance, 4(9), 191–199. https://doi.org/10.5539/ijef.v4n9p191
Barros, V., Verga Matos, P., Miranda Sarmento, J., & Rino Vieira, P. (2023). High-tech firms: Dividend policy in a context of sustainability and technological change. Technological Forecasting and Social Change, 190(June 2022), 122434. https://doi.org/10.1016/j.techfore.2023.122434
Beyer, A., Marinovic, I., & Guttman, I. (2019). Earnings management and earnings quality: Theory and Evidence. The Accounting Review 94(4, 94(4), 77–101. https://doi.org/10.2308/accr-52282
Chada, S., & Gopal, V. (2023). Earnings quality, institutional investors and corporate cash holdings: evidence from India. International Journal of Managerial Finance, Vol. ahead. Retrieved from https://doi.org/10.1108/IJMF-05-2022-0224
Chansarn, S., & Chansarn, T. (2016). Earnings management and dividend policy of small and medium enterprises in Thailand. International Journal of Business and Society, 17(2), 307–328. https://doi.org/10.33736/ijbs.527.2016
Chen, H. (Amy), & Wu, Q. (2021). Short selling threat and real activity manipulation: Evidence from a natural experiment. Advances in Accounting, 52(100514). https://doi.org/10.1016/j.adiac.2021.100514
Cho, N., & Jang, T. S. (2019). Asset Market Volatility and New Keynesian Macroeconomics: A Game-Theoretic Approach. Computational Economics, 54(1), 245–266. https://doi.org/10.1007/s10614-017-9705-5
Cupertino, C. M., Martinez, A. L., & Da Costa, N. C. A. (2016). Consequences for future return with earnings management through real operating activities. Revista Contabilidade e Financas, 27(71), 232–242. https://doi.org/10.1590/1808-057x201602520
Dang, H. N., & Pham, C. D. (2022). The effects of earning quality on sustainable reports: an empirical study from Vietnam. Economic Research-Ekonomska Istrazivanja , 35(1), 6705–6722. https://doi.org/10.1080/1331677X.2022.2053360
Datta, S., Iskandar-Datta, M., & Singh, V. (2013). Product market power, industry structure, and corporate earnings management. Journal of Banking and Finance, 37(8), 3273–3285. https://doi.org/10.1016/j.jbankfin.2013.03.012
Deb, R. (2019). Accounting Theory Coherence Revisited. Management and Labour Studies, 44(1), 36–57. https://doi.org/10.1177/0258042X18823134
Delgado, F. J., Rodríguez, E. F., Fernández, R. G., Landajo, M., & Arias, A. M. (2023). Tax avoidance and earnings management : a neural network approach for the largest European economies. Financial Innovation, 9(19), 1–25. https://doi.org/10.1186/s40854-022-00424-8
Dempster, G. M., & Oliver, N. T. (2019). Financial Market Pricing of Earnings Quality : Evidence from a Multi-Factor Return Model. Open Journal Of Business and Management, 7, 312–329. https://doi.org/10.4236/ojbm.2019.71021
Deng, L., Li, S., & Liao, M. (2017). Dividends and earnings quality: Evidence from China. J, 48 (c), 255–268. https://doi.org/10.1016/j.iref.2016.12.011
Dichev, I., Graham, J., Harvey, C. R., & Rajgopal, S. (2016). The misrepresentation of earnings. Financial Analysts Journal, 72(1), 22–35. https://doi.org/10.2469/faj.v72.n1.4
Dmitrovi, L., & Suljovi, E. (2017). Strategic management accounting in the Republic of Serbia. Economic Research-Ekonomska Istraživanja, 30(1), 1–11. https://doi.org/10.1080/1331677X.2017.1392884
Eckert, C., & Hohberger, J. (2022). Addressing Endogeneity Without Instrumental Variables : An Evaluation of the Gaussian Copula Approach for Management Research. Journal of Management 1–36, I–36, 14–28. https://doi.org/10.1177/01492063221085913
Efendi, J., Li-Chin, Jennifer, H., Smith, L. ., & Zhang, Y. (2023). Ethical Challenges Regarding Earnings Management, Short Sellers, and Real Activities Manipulation. Research on Professional Responsibility and Ethics in Accounting, Vol. 25, Emerald Publishing Limited, Bingley, pp. 103-126.
El Diri, M., Lambrinoudakis, C., & Alhadab, M. (2020). Corporate governance and earnings management in concentrated markets. Journal of Business Research, 108, 291–308. https://doi.org/10.1016/j.jbusres.2019.11.013
Elayan, F. A., Li, J., Liu, Z. F., Meyer, T. O., & Felton, S. (2016). Changes in the Covalence Ethical Quote, Financial Performance and Financial Reporting Quality. Journal of Business Ethics, 134(3), 369–395. https://doi.org/10.1007/s10551-014-2437-8
Eldomiaty, T., Saeed, Y., Hammam, R., & AboulSoud, S. (2020). The associations between stock prices, inflation rates, interest rates are still persistent: Empirical evidence from stock duration model. Journal of Economics, Finance and Administrative Science, 25(49), 149–161. https://doi.org/10.1108/JEFAS-10-2018-0105
Erana-Diaz, M. L., Cruz-Chavez, M. A., Rivera-Lopez, R., Martinez-Bahena, B., Avila-Melgar, E. Y., & Heriberto Cruz-Rosales, M. (2020). Optimization for Risk Decision-Making through Simulated Annealing. IEEE Access, 8, 117063–117079. https://doi.org/10.1109/ACCESS.2020.3005084
Felix, I. E. (2022). Accounting Information and Value Relevance : A Quinquennial Comparison of Pre- and Post-IFRS Adoption of Listed Firms in Nigeria and South Africa. Modern Economy, 13, 1006–1023. https://doi.org/10.4236/me.2022.137053
Franklin, A., & Morris, S. (2002). Game Theory Models In Finance (pp. 17–48). pp. 17–48. Retrieved from https://finance.wharton.upenn.edu/~allenf/download/crises/Allen-Morris.pdf
Godigbe, B. G., Chui, C. M., & Liu, C. L. (2018). Directors network centrality and earnings quality. Applied Economics, 50(50). https://doi.org/10.1080/00036846.2018.1486992
González-Sánchez, M., San, A. I. S., & Jiménez, E. M. I. (2023). Comparison of the effects of earnings management on the financial cost between companies in developed and emerging European countries. J Corp Account Finance., ;1–16. Retrieved from doi: 10.1002/jcaf.22622
Gorji, M. R., Ghodrati, H., Arabzadeh, M., & Panahian, H. (2023). Investigating the effect of earnings quality on the company ’ s trade credit with an emphasis on the moderating role of accounting information comparability Keywords : International Journal of Finance and Managerial Accounting, 8(29), 133–146. Retrieved from https://ijfma.srbiau.ac.ir/article_21130_300fa36b144200dfaed7d88daa2c6c99.pdf
Gull, A. A., Nekhili, M., Nagati, H., & Chtioui, T. (2018). Beyond gender diversity: How specific attributes of female directors affect earnings management. British Accounting Review, 50(3). https://doi.org/10.1016/j.bar.2017.09.001
Hair, J. F., Howard, M. C., & Nitzl, C. (2020). Assessing measurement model quality in PLS-SEM using confirmatory composite analysis. Journal of Business Research, 109(August 2019), 101–110. https://doi.org/10.1016/j.jbusres.2019.11.069
Harris, T. (2024). Managers’ perception of product market competition and earnings management: a textual analysis of firms’ 10-K reports. Journal of Accounting Literature, ahead-of-p(ahead-of-print). Retrieved from https://doi.org/10.1108/JAL-11-2022-0116
He, W., Ng, L., Zaiats, N., & Zhang, B. (2017). Dividend policy and earnings management across countries. Journal of Corporate Finance, 42, 267–286. https://doi.org/10.1016/j.jcorpfin.2016.11.014
Herusetya, A., Sambuaga, E. A., & Sihombing, S. O. (2023). Business strategy typologies and the preference of earnings management practices: Evidence from Indonesian listed firms. Cogent Business & Management, 10(1). https://doi.org/10.1080/23311975.2022.2161204
Hewitt, L. M. M., & van Rensburg, L. J. J. (2020). The role of business incubators in creating sustainable small and medium enterprises. Southern African Journal of Entrepreneurship and Small Business Management, 12(1), 1–10. https://doi.org/10.4102/SAJESBM.V12I1.295
Hill, A. D., Johnson, S. G., Greco, L. M., & Walter, S. L. (2021). Endogeneity : A Review and Agenda for the Methodology-Practice Divide Affecting Micro and Macro Research. Journal of Management Vol., 47(Vol. 47 No. 1, January 2021 105 –143), 105–143. https://doi.org/10.1177/0149206320960533
Hohenfels, D. (2016). Auditor Tenure and Perceived Earnings Quality. International Journal of Auditing, 20(3), 224–238. https://doi.org/10.1111/ijau.12069
Huit, G. T. M., Hair, J. F., Proksch, D., Sarstedt, M., Pinkwart, A., & Ringle, C. M. (2018). Addressing endogeneity in international marketing applications of partial least squares structural equation modeling. Journal of International Marketing, 26(3), 1–21. https://doi.org/10.1509/jim.17.0151
Hutton, A. P., & Stocken, P. C. (2021). Prior Forecasting Accuracy and Investor Reaction to Management Earnings Forecasts. Journal of Financial Reporting, 6(1), 87–107. https://doi.org/10.2308/jfr-2020-005
Idris, M., Abu Siam, Y., & Nassar, M. (2018). Board independence, earnings management and the moderating effect of family ownership in Jordan. Management and Marketing, 13(2). https://doi.org/10.2478/mmcks-2018-0017
Ishiguro, T., & Yamada, A. (2024). Mitigating overinvestment in Japanese zombie firms: the role of foreign ownership and earnings quality. Asian Review of Accounting, ahead-of-p(ahead-of-print). Retrieved from https://doi.org/10.1108/ARA-04-2023-0115
Islam, M. R., Haque, M. Z., & Moutushi, R. H. (2022). Earnings quality and financial flexibility : a moderating role of corporate governance. Cogent Business & Management, 9(1). https://doi.org/10.1080/23311975.2022.2097620
Jacob, M., & Schütt, H. H. (2019). Firm Valuation and the Uncertainty of Future Tax Avoidance. European Accounting Review, 29(3), 409–435. https://doi.org/10.1080/09638180.2019.1642775
Jian, J., He, K., Liu, Y., & Sun, Y. (2023). Corporate social responsibility: opportunistic behavior under earnings management? Asia-Pacific Journal of Accounting & Economics. Retrieved from https://doi.org/10.1080/16081625.2023.2170891
Kahneman, D., & Thaler, R. H. (2006). Anomalies: Utility maximization and experienced utility. Journal of Economic Perspectives, 20(1), 221–234. https://doi.org/10.1257/089533006776526076
Kanagaretnam, K., Lobo, G. J., & Wang, C. (2015). Religiosity and Earnings Management: International Evidence from the Banking Industry. Journal of Business Ethics, 132, pages277–296. Retrieved from https://doi.org/10.1007/s10551-014-2310-9
Kaplan, M. (1996). Decision Theory as Philosophy. Retrieved from https://doi.org/10.1017/CBO9780511804847
Khuong, N. V., Anh, L. H. T., & Van, N. T. H. (2022). Firm life cycle and earnings management: The moderating role of state ownership. Cogent Economics & Finance, 10(1). https://doi.org/10.1080/23322039.2022.2085260
Lebert, S. (2021). Rounding up performance measures in German firms : Earnings cosmetics or earnings management on a larger scale ? Rounding up performance measures in German firms : Earnings cosmetics or earnings management on a larger scale ? SSRN Electronic Journal, 48(September), :564–586. Retrieved from http://dx.doi.org/10.2139/ssrn.2882741
Lei, P. W., & Gu, G. T. (2016). Business strategy, market competition and earnings management. Chinese Management Studies, 9(3), 401–424. Retrieved from http://dx.doi.org/10.1108/CMS-12-2014-0225
Lia, C., Liu, X., Hou, Z., & Li, Y. (2023). Retail investor attention and equity mispricing: The mediating role of earnings management. Finance Research Letters, Volume 53,(103621). Retrieved from https://doi.org/10.1016/j.frl.2022.103621
Luangpaiboon, P., & Duangkaew, S. (2014). Artificial Intelligence Mechanisms on Interactive Modified Simplex Method with Desirability Function for Optimising Surface Lapping Process. Mathematical Problems in Engineering, 2014. Retrieved from http://dx.doi.org/10.1155/2014/864586%0AResearch
Luo, J. hui, Xiang, Y., & Huang, Z. (2017). Female directors and real activities manipulation: Evidence from China. China Journal of Accounting Research, 10(2), 141–166. https://doi.org/10.1016/j.cjar.2016.12.004
Lyu, C., Yuen, D. C. Y., & Zhang, X. (2017). Individualist-collectivist culture, ownership concentration and earnings quality*. Asia-Pacific Journal of Accounting and Economics, 24(1–2). https://doi.org/10.1080/16081625.2015.1129281
Ma, H. Y., & Yoo, J. Y. (2022). a Study on the Impact of Sustainable Management on Earnings Persistence and Market Pricing: Evidence From Korea. Journal of Business Economics and Management, 23(4), 818–836. https://doi.org/10.3846/jbem.2022.16436
Mawaali;, T. Al, Omar Nasser Khamis Al Hashar, N. A. A., Dalwai;, T., & Maaouia, S. S. M. M. Ben. (2024). Business Strategy and Earnings Management: Financial Versus Non-Financial Firms. Digital Technology and Changing Roles in Managerial and Financial Accounting: Theoretical Knowledge and Practical Application, 35, 129–139. Retrieved from https://doi.org/10.1108/S1479-351220240000036013
Meghna, S., Suresh, N., & Usha, J. C. (2019). A Study on Impact of Dividend Policy on Initial Public Offering Price Performance. Journal of Engineering and Applied Sciences, 14(13), 4501–4507. https://doi.org/10.36478/jeasci.2019.4501.4507
Mehrani, S., Moradi, M., & Eskandar, H. (2017). Institutional Ownership Type and Earnings Quality: Evidence from Iran. Emerging Markets Finance and Trade, 53(1), 54–73. https://doi.org/10.1080/1540496X.2016.1145114
Mensah, E., & Boachie, C. (2023). Corporate governance mechanisms and earnings management: The moderating role of female directors. Cogent Business and Management, 10(1). https://doi.org/10.1080/23311975.2023.2167290
Mi, B., Zhang, L., Han, L., & Shen, Y. (2024). Bank market power and financial reporting quality. Journal of Corporate Finance, 84, 102530. https://doi.org/10.1016/j.jcorpfin.2023.102530
Michalkova, L., Cepel, M., Valaskova, K., & Vincúrová, Z. (2022). Earnings Quality And Corporate Life Cycle Before The Crisis. A Study Of Transport Companies Across Europe. Amfiteatru Economic The Central and Eastern European Online Library, 61(61/2022), 782–796. https://doi.org/10.24818/EA/2022/61/782
Mohammed, D., & Jiedan, A. (2016). Earnings Management Behavior of Islamic Banks and Conventional Banks: Evidence from Jordan and Gulf Banks. Yarmouk University, (January), 1–39.
Mohd, M., Alam, K. P., Mohamed, K., Daher, A., & Hasnan, S. (2022). Historical Earnings , Accrual Accounting , And Future Cash Flows. The Economics and Finance Letters, 9(2), 125–138. https://doi.org/10.18488/29.v9i2.3056
Montenegro, T. M., & Rodrigues, L. L. (2020). Determinants of the Attitudes of Portuguese Accounting Students and Professionals Towards Earnings Management. Journal of Academic Ethics, volume 18, pages301–332. Retrieved from https://doi.org/10.1007/s10805-020-09376-z
Mulchandani, K., & Vishnani, S. (2023). Impact of ESG reporting on earnings quality: evidence from India and influence of COVID-19. Macroeconomics and Finance in Emerging Market Economies. Retrieved from https://doi.org/10.1080/17520843.2023.2284457
Neeraja, M. S. B., & Dhilip, V. (2021). Retail investors perspectives towards equity investment decision on innovative business. Journal of Contemporary Issues in Business and Government, 26(02), 0–5. https://doi.org/10.47750/cibg.2020.26.02.105
Nguyen, L.-T. (2022). The relationship between corporate sustainability performance and earnings management: evidence from emerging East Asian economies. Journal of Financial Reporting and Accounting, ahead-of-p. Retrieved from https://doi.org/10.1108/JFRA-09-2021-0302
Pathak, R., & Ranajee. (2020). Earnings quality and corporate payout policy linkages: An Indian context. The North American Journal of Economics and Finance, 51(100855), 1–10. https://doi.org/10.1016/j.najef.2018.10.003
Petera, P., Wagner, J., & Šoljaková, L. (2020). Strategic management accounting and strategic management : The mediating effect of performance evaluation and rewarding. InternationalJournal Of Industrial Engineering and Management, 11(2), 116–133. Retrieved from doi: http://doi.org/10.24867/IJIEM-2020-2-258
Prior, D., J. S., & Tribo., J. A. (2008). Are Socially Responsible Managers Really Ethical? Exploring The Relationship Between Earnings Management And Corporate Social Responsibility, Corporate Governance. An International Review 16(3).
Qiu, Z., & Zhang, X. (2022). Consequences of earnings management triggered by delisting regulation: Evidence in China. Journal of Accounting and Public Policy, 107046. Retrieved from https://doi.org/10.1016/j.jaccpubpol.2022.107046
Rabie, A., Seidy;, E. el, Elrayes;, A., & Badr, E. (2021). Neutrosophic Sets and Systems Dual Artificial Variable-Free Simplex Algorithm for Solving Neutrosophic Linear Programming Problems Dual Artificial Variable-Free Simplex Algorithm for Solving Neutrosophic Linear Programming Problems. Neutrosophic Sets and Systems, 46.
Rahman, A. F., Bintoro, N. S., & Dewi, A. A. (2024). The Effect of ESG and Earnings Quality on the Value Relevance of Earnings and Book Value. 18(2), 133–157.
Ramalingegowda, S., Utke, S., & Yu, Y. (2021). Common Institutional Ownership and Earnings Management*. Contemporary Accounting Research, 38(1), 208–241. https://doi.org/10.1111/1911-3846.12628
Rashid, M., Ali, M. M., & Hossain, D. M. (2021). Strategic management accounting practices : a literature review and opportunity for future research. Asian Journal of Accounting Research, 6(1), 109–132. https://doi.org/10.1108/AJAR-06-2019-0051
Saeed Rabea Baatwah, Al-Qadasi, A. A., & Al-Ebel, A. M. (2020). Religiosity at the top: does it interact with accounting expertise to limit real earnings management? Managerial Auditing Journal, Vol. 35(No. 9), 1343–1377.
Sakaki, H., Jory, S., & Jackson, D. (2021). Institutional investors’ ownership stability and their investee firms’ equity mispricing. North American Journal of Economics and Finance, 57. https://doi.org/10.1016/j.najef.2021.101440
Saleh, I., Afifa, M. A., & Alsufy, F. (2020). Does Earnings Quality Affect Companies’ Performance? New Evidence from the Jordanian Market. Journal of Asian Finance, Economics and Business, 7(11), 033–043. https://doi.org/10.13106/jafeb.2020.vol7.no11.033
Salehi, M., Dalwai, T., & Arianpoor, A. (2022). The impact of narcissism, self-confidence and auditor’s characteristics on audit report readability. Arab Gulf Journal of Scientific Research, 41(2), 202–223. https://doi.org/10.1108/AGJSR-08-2022-0152
Sanusi, F., Januarsi, Y., Purbasari, I., & Akhmadi. (2023). The discipline vs complement role of product market competition and market power: Evidence from real earnings management in an emerging market. Cogent Business and Management, 10(1). https://doi.org/10.1080/23311975.2023.2170072
Saona, P., Muro, L., & Alvarado, M. (2020). How do the ownership structure and board of directors’ features impact earnings management? The Spanish case. Journal of International Financial Management and Accounting, 31(1), 98–133. https://doi.org/10.1111/jifm.12114
Sarstedt, M., Ringle, C. M., & Hair, J. F. (2021). Partial Least Squares Structural Equation Modeling. In Handbook of Market Research. https://doi.org/10.1007/978-3-319-05542-8_15-2
Sashikala, P., & Girish, G. P. (2015). Factors Influencing Retail Investor’s Trading Behavior in Indian Equity Market. International Journal of Business and Management, 10(11), 206. https://doi.org/10.5539/ijbm.v10n11p206
Sekaran, U., & Bougie, R. (2016). Research Methods for Business : A Skill Building Approach (7th editio; 2016) Wiley; 7th edition (June 27, Ed.). Retrieved from https://www.wiley.com/en-us/Research+Methods+For+Business%3A+A+Skill+Building+Approach%2C+7th+Edition-p-9781119266846
Siladjaja, M., Anwar, Y., & Djan, I. (2022). The Impact of Real Manipulation and Tax Management on Future Market Value : An Artificial Intelligence Simulation of High Earnings Quality. ACRN Journal of Finance and Risk, 11, 33–54.
Takacs, A., Szucs, T., Kehl, D., & Fodor, A. (2020). The effect of fair valuation on banks’ earnings quality: empirical evidence from developed and emerging European countries. Heliyon, 6(12), e05659. https://doi.org/10.1016/j.heliyon.2020.e05659
Trippi, R. R., & Lee Jae, K. (1996). Artificial Intelligence in Finance Investing : State of the Art Technologies for Securities Selection and Portfolio Management. Wayne Mc Guirt Times Mirror Higher Education Group.
Uzezi, M. (2022). Tax Planning Strategies And Earnings Management Of Listed Manufacturing Firms In Nigeria. African Journal of Business and Economic Development, 2(11), 58–71. Retrieved from www.ijaar.org/ajbed
Wang, Q., Zhai, A., Pang, Q., Wang, H., & B, X. C. (2023). Information Disclosure Quality , Earnings Management and Stock Price Cash Risk : Evidence from China. Information Disclosure Quality, Earnings Management, 1(AEBMR 664), 622–633. https://doi.org/10.2991/978-94-6463-054-1
Wang, R., & Li, L. (2020). Dynamic relationship between the stock market and macro economy in China (1995–2018): new evidence from the continuous wavelet analysis. Economic Research-Ekonomska Istrazivanja, 33(1), 521–539. https://doi.org/10.1080/1331677X.2020.1716264
Wilson, M., Wang, K. T., Yue, W., & Lau, A. (2022). Institutional Investors and Earnings Management Associated with Controlling Shareholders’ Promises: Evidence from the Split Share Structure Reform in China. Journal of Contemporary Accounting & Economics, (61). Retrieved from https://authors.elsevier.com/a/1fR0B_fH-s9IfP
Yan, H. (2024). Environmental information disclosure, earnings quality and the Readability and Emotional Tendencies of Management Discussion and Analysis. Finance Research Letters, 60. Retrieved from https://doi.org/10.1016/j.frl.2023.104913.
Yung, K., & Root, A. (2019). Policy uncertainty and earnings management: International evidence. Journal of Business Research, 100, 255–267. https://doi.org/10.1016/j.jbusres.2019.03.058
Zarowin, P. (2015). Estimation of Discretionary Accruals and the Detection of Earnings Management. Oxford Handbooks Online, (September 2016), Pages 481–496. https://doi.org/10.1093/oxfordhb/9780199935406.013.20
Zhang, X., Yu, Y., Cao, Y., & Jing Hao. (2024). Margin trading and value relevance of earnings: Evidence from China. Finance Research Letters. Retrieved from https://doi.org/10.1016/j.frl.2024.104975.
Zhong, L., Chourou, L., & Ni, Y. (2017). On the association between strategic institutional ownership and earnings quality: Does investor protection strength matter? Journal of Accounting and Public Policy, 36(6). https://doi.org/10.1016/j.jaccpubpol.2017.09.002
Downloads
Published
Issue
Section
License
Copyright (c) 2024 Muljanto Siladjaja, Trinandari Prasetya Nugrahanti, Pamela Magdalena
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
Jurnal Reviu Akuntansi dan Keuangan is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
Authors who publish with this journal agree to the following terms:
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).
