淡江大學機構典藏:Item 987654321/118140
English  |  正體中文  |  简体中文  |  Items with full text/Total items : 62805/95882 (66%)
Visitors : 3983595      Online Users : 579
RC Version 7.0 © Powered By DSPACE, MIT. Enhanced by NTU Library & TKU Library IR team.
Scope Tips:
  • please add "double quotation mark" for query phrases to get precise results
  • please goto advance search for comprehansive author search
    •  Adv. Search
    Home ‧ Login ‧ Upload ‧ Help ‧ About ‧ Administer Goto mobile version


    Please use this identifier to cite or link to this item: https://tkuir.lib.tku.edu.tw/dspace/handle/987654321/118140


    Title: How do market power and industry competition influence the effect of corporate governance on earnings management?
    Authors: Hui-wen Tang;Anlin Chen
    Keywords: Corporate governance;Earnings management;Industry competition;Market power;Product market competition;Real earnings management
    Date: 2020-11
    Issue Date: 2020-02-25 12:11:04 (UTC+8)
    Publisher: Quarterly Review of Economics and Finance
    Abstract: Previous studies on the relationship between corporate governance and earnings management have shown different results. This study explores how market power and industry competition influence the effect of corporate governance on earnings management in Taiwan. Industry competition is an industry-level measure for the competition among firms. Firm market power is a firm-level measure for the power to compete with external competition. We discover that firms with low market power and those faced with intense market competition are more likely to engage in earnings management. Market power demonstrates a more significant effect than industry competition on managerial earnings manipulation. Moreover, when market power is weak or industry competition is fierce, corporate governance cannot mitigate earnings management. Regression results considering the interaction between market power and industry competition reveals a stronger effect of corporate governance on earnings management than those evaluated based on market power or industry competition alone. Our findings provide a possible explanation for the different relationship between corporate governance and earnings management.
    Relation: The Quarterly Review of Economics and Finance 78, p.212-225
    DOI: 10.1016/j.qref.2020.02.001
    Appears in Collections:[Graduate Institute & Department of Insurance Insurance] Journal Article

    Files in This Item:

    File Description SizeFormat
    How do market power and industry competition influence the effect of corporate governance on earnings management.pdf756KbAdobe PDF230View/Open
    index.html0KbHTML164View/Open

    All items in 機構典藏 are protected by copyright, with all rights reserved.

    DSpace Software Copyright © 2002-2004  MIT &  Hewlett-Packard  /   Enhanced by   NTU Library & TKU Library IR teams. Copyright ©   - Feedback