International Management Review, Volume (9), No (2), Year (2013-8) , Pages (70-82)

Title : ( A Study of the Impact of Equity Overvaluation on Earnings Management: Iranian Overview )

Authors: Mahmoud Mousavi Shiri , Mahdi Salehi , Hassan Khalatbari ,

Citation: BibTeX | EndNote

Researchers indicate that if the market value of the stock in a firm exceeds its true value, this overvaluation affects the managerial behaviors and corporation actions. Thus, for investigating the impact of equity overvaluation on consequent, income-increasing earnings management financial data of 60 listed companies were collected from Tehran Stock Exchange during 2006-2010. Consequently, regression analysis for testing correlation regressions was employed. Results of the study indicate that equity overvaluation had a positive and significant relationship with subsequent income-increasing earnings management. The results indicate that firm\\\'s management tended to support valuation errors to access the benefits of a rising stock price through discretionary accrual\\\'s manipulation, when stock would become overvalued by market.

Keywords

overvalued equity; earnings management; discretionary accruals; valuation
برای دانلود از شناسه و رمز عبور پرتال پویا استفاده کنید.

@article{paperid:1036629,
author = {Mahmoud Mousavi Shiri and Salehi, Mahdi and Hassan Khalatbari},
title = {A Study of the Impact of Equity Overvaluation on Earnings Management: Iranian Overview},
journal = {International Management Review},
year = {2013},
volume = {9},
number = {2},
month = {August},
issn = {1551-6849},
pages = {70--82},
numpages = {12},
keywords = {overvalued equity; earnings management; discretionary accruals; valuation errors},
}

[Download]

%0 Journal Article
%T A Study of the Impact of Equity Overvaluation on Earnings Management: Iranian Overview
%A Mahmoud Mousavi Shiri
%A Salehi, Mahdi
%A Hassan Khalatbari
%J International Management Review
%@ 1551-6849
%D 2013

[Download]