An Analytical study for the Relationship between Accounting for Securitization and Fair value Accounting and its Impact on Earnings Management for Companies Listed on the Stock Exchange
| المصدر: | المجلة العلمية للدراسات التجارية والبيئية |
|---|---|
| الناشر: | جامعة قناة السويس - كلية التجارة بالاسماعيلية |
| المؤلف الرئيسي: | Zaky, Ahmed (Author) |
| مؤلفين آخرين: | Shelih, Ragia Mohamed Ali (Co-Author) |
| المجلد/العدد: | مج9, ع4 |
| محكمة: | نعم |
| الدولة: |
مصر |
| التاريخ الميلادي: |
2018
|
| الصفحات: | 1 - 25 |
| DOI: |
10.21608/JCES.2018.54730 |
| ISSN: |
2090-3782 |
| رقم MD: | 952583 |
| نوع المحتوى: | بحوث ومقالات |
| اللغة: | الإنجليزية |
| قواعد المعلومات: | EcoLink |
| مواضيع: | |
| كلمات المؤلف المفتاحية: |
Securitization | Fair Value Accounting | Earnings Management | SFAS 140/166
|
| رابط المحتوى: |
عدد مرات التحميل
39
| المستخلص: |
The research investigates whether banks are motivated to manage earnings through securitization gains when earnings before securitization are low or when there are more negative changes in earnings before securitization under SFAS 140. The research also examines if earnings management incentives are eliminated after the adoption of SFAS 166. Moreover, the study examines if managers use discretion afforded by fair value accounting rules to manage securitization gains under SFAS 140. A sample of U.S. Bank Holding Companies (BHCs) listed on the New York stock exchange (NYSE) and the NASDAQ are selected which cover two time periods: Pre-SFAS 166 (2007-2009) and Post-SFAS 166 (2010 2016). A Panel Data Analysis is utilized to examine securitization transactions in these two time periods. The results of the study provide evidence of earnings management when securitization transactions are conducted in accordance with SFAS 140 rules. Furthermore, the research finds that bank managers use their discretion over fair value accounting measurements to manage securitization gains in the Pre-SFAS 166 period. However, there is no evidence of earnings management under SFAS 166 rules suggesting that companies have become more conservative after the adoption of SFAS 166. |
|---|---|
| ISSN: |
2090-3782 |
عناصر مشابهة
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An Analytical Study for the Relationship between Fair Value Accounting and Earning Management
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An Analytical Study for the Relationship Between Accounting for Securitization and Earnings Management Incentives
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The Relationship between Accounting Comparability and Earnings Management Practices under IFRS: An Empirical Study for Egyptian Firms Listed on Egyptian Stock Exchange
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The Effect of Accounting for Fair Value in Accordance with International Accounting Standard 13 on the Value of the Company: Analytical Study of the Views of a Sample of Banks Included in the Iraq Stock Exchange
بواسطة: Al-Baaj, Qasim Muhammad Abdullah منشور: (2021)
