Matches in SemOpenAlex for { <https://semopenalex.org/work/W1945586901> ?p ?o ?g. }
Showing items 1 to 67 of
67
with 100 items per page.
- W1945586901 abstract "Prior studies argue that stable shareholders do not encourage firm managers to manage their earnings to achieve short-term earnings goals. They also state that firm managers with stable shareholders have an incentive to report smooth earnings to maintain long-term relationships with such shareholders. We focus on cross-shareholdings and stable shareholdings owned by financial institutions as stable shareholdings in Japan, and investigate the effect of these ownership structures on earnings management patterns. Specifically, we hypothesize that stable shareholdings are positively associated with the informational components of earnings smoothing. Consistent with our hypothesis, we first find that as stable shareholdings increase, managers are more likely to conduct earnings smoothing that provides useful information to stable shareholders. Further, our additional analysis shows that stable shareholdings reduce incentives for managers to cut discretionary expenditures to meet short-term earnings benchmarks, implying that stable shareholdings could reduce the possibility of a myopic problem. These results suggest that managers with stable shareholdings tend to report smoother and less volatile earnings, and do not tend to pursue earnings management to attain short-term earnings targets." @default.
- W1945586901 created "2016-06-24" @default.
- W1945586901 creator A5078933285 @default.
- W1945586901 creator A5091427499 @default.
- W1945586901 date "2012-01-01" @default.
- W1945586901 modified "2023-10-16" @default.
- W1945586901 title "Stable Shareholdings, the Decision Horizon Problem, and Patterns of Earnings Management" @default.
- W1945586901 cites W1909595382 @default.
- W1945586901 cites W1977211709 @default.
- W1945586901 cites W1997012386 @default.
- W1945586901 cites W2055418603 @default.
- W1945586901 cites W2056238342 @default.
- W1945586901 cites W2095781128 @default.
- W1945586901 cites W2138538800 @default.
- W1945586901 cites W2261435439 @default.
- W1945586901 cites W2321113091 @default.
- W1945586901 cites W2797134003 @default.
- W1945586901 cites W3121570881 @default.
- W1945586901 cites W4230474071 @default.
- W1945586901 doi "https://doi.org/10.2139/ssrn.2052243" @default.
- W1945586901 hasPublicationYear "2012" @default.
- W1945586901 type Work @default.
- W1945586901 sameAs 1945586901 @default.
- W1945586901 citedByCount "5" @default.
- W1945586901 countsByYear W19455869012012 @default.
- W1945586901 countsByYear W19455869012013 @default.
- W1945586901 countsByYear W19455869012014 @default.
- W1945586901 countsByYear W19455869012015 @default.
- W1945586901 countsByYear W19455869012017 @default.
- W1945586901 crossrefType "journal-article" @default.
- W1945586901 hasAuthorship W1945586901A5078933285 @default.
- W1945586901 hasAuthorship W1945586901A5091427499 @default.
- W1945586901 hasConcept C10138342 @default.
- W1945586901 hasConcept C144133560 @default.
- W1945586901 hasConcept C159176650 @default.
- W1945586901 hasConcept C162118730 @default.
- W1945586901 hasConcept C162324750 @default.
- W1945586901 hasConcept C2524010 @default.
- W1945586901 hasConcept C2781009383 @default.
- W1945586901 hasConcept C2781426361 @default.
- W1945586901 hasConcept C33923547 @default.
- W1945586901 hasConceptScore W1945586901C10138342 @default.
- W1945586901 hasConceptScore W1945586901C144133560 @default.
- W1945586901 hasConceptScore W1945586901C159176650 @default.
- W1945586901 hasConceptScore W1945586901C162118730 @default.
- W1945586901 hasConceptScore W1945586901C162324750 @default.
- W1945586901 hasConceptScore W1945586901C2524010 @default.
- W1945586901 hasConceptScore W1945586901C2781009383 @default.
- W1945586901 hasConceptScore W1945586901C2781426361 @default.
- W1945586901 hasConceptScore W1945586901C33923547 @default.
- W1945586901 hasLocation W19455869011 @default.
- W1945586901 hasOpenAccess W1945586901 @default.
- W1945586901 hasPrimaryLocation W19455869011 @default.
- W1945586901 hasRelatedWork W1557699413 @default.
- W1945586901 hasRelatedWork W1972228407 @default.
- W1945586901 hasRelatedWork W2068098150 @default.
- W1945586901 hasRelatedWork W2583479961 @default.
- W1945586901 hasRelatedWork W2976607141 @default.
- W1945586901 hasRelatedWork W2996511642 @default.
- W1945586901 hasRelatedWork W3121367515 @default.
- W1945586901 hasRelatedWork W3126670158 @default.
- W1945586901 hasRelatedWork W3196185236 @default.
- W1945586901 hasRelatedWork W3202306416 @default.
- W1945586901 isParatext "false" @default.
- W1945586901 isRetracted "false" @default.
- W1945586901 magId "1945586901" @default.
- W1945586901 workType "article" @default.