Media surveillance, exit threats and earnings management of GEM companies
- 10.2991/msie-19.2020.49How to use a DOI?
- accrued earnings management, true earnings management, media oversight, exit threats, GEMP ublisher, Designing, Lowercase letters
This article selects GEM(Growth Enterprise Market) companies as the research object, intercepts the data since the establishment of the GEM board in 2009, and analyzes the relationship among corporate accrual earnings management, real earnings management, media supervision, and exit threats. It was found that media supervision would inhibit the accrued earnings management behavior of GEM companies, but the exit threat would increase the company's accrual earnings management behavior. As for the real earnings management ，the media supervision has motivated the company to adopt more secret real earnings management behaviors, while the exit threat will inhibit its true earnings management behavior. In addition, in the act of accrual earnings management, media supervision and exit threats have an alternative relationship. But in real earnings management behavior, the two are complementary.
- © 2020, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Qiqi Luo AU - Xinxin Yu PY - 2020/01 DA - 2020/01 TI - Media surveillance, exit threats and earnings management of GEM companies BT - Proceedings of the 2019 International Conference on Management Science and Industrial Economy (MSIE 2019) PB - Atlantis Press SP - 228 EP - 232 SN - 2352-5428 UR - https://doi.org/10.2991/msie-19.2020.49 DO - 10.2991/msie-19.2020.49 ID - Luo2020/01 ER -