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DOES IFRS ADOPTION MITIGATE ACCRUAL EARNINGS MANAGEMENT? EVIDENCE FROM AN EMERGING MARKET |
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| รหัสดีโอไอ | |
| Creator | NapapornLikitwongkajon |
| Title | DOES IFRS ADOPTION MITIGATE ACCRUAL EARNINGS MANAGEMENT? EVIDENCE FROM AN EMERGING MARKET |
| Contributor | Siriluck Sutthachai |
| Publisher | University of the Thai Chamber of Commerce |
| Publication Year | 2558 |
| Journal Title | UTCC International Journal of Business and Economics |
| Journal Vol. | 7 |
| Journal No. | 2 |
| Page no. | 47-72 |
| Keyword | Accrual earnings management, Thailand, Modified Jones model, International, Financial, Reporting, Standards |
| URL Website | http://ijbejournal.com/ |
| Website title | ijbejournal |
| ISSN | 1906-5582 (paper) |
| Abstract | This study examined an impact of IFRS adoption on earnings management in Thailand. The Jones model (1991) modified by Kothari et al. (2005) was employed to measure earnings management. The sample contained 761 Thai listed firm-year observations in the year before (2008) and after (2011) the adoption of IFRS. Using multiple regression analysis, the research found significantly positive association between the IFRS adoption and earnings management, suggesting that Thai firms tended to engage in earnings management after the IFRS adoption more than before. This led to a question of the increasing earnings quality due to the IFRS adoption in an emerging market. Also, the model showed the significantly positive relationship of earnings management with the leverage ratio, revenue growth, profitability ratio, and negative earnings variables. In contrast, it revealed the significantly negative association of earnings management with firm size and industry type. These results were consistent with much research (Klein, 2002; Usman and Yero, 2012; Doukakis, 2014; Wan Ismail et al., 2013) and strengthen the long-established theories used in this research area (e.g. the agency theory and the positive accounting theory). |
