衡量盈余质量【外文翻译】

《衡量盈余质量【外文翻译】》由会员上传分享，免费在线阅读，更多相关内容在学术论文-天天文库。

1、外文翻译原文MeasuringthequalityofearningsMaterialSource:www.emeraldinsight.comAuthor:KhaledElMoatasemAbdelghanyAbstractPurpose–Althoughtheacademicresearchonthequalityofearningshasbeenimprovedbypresentingdifferentapproachesofmeasurement,thereisnoagreed-upongenerallyaccepteda

2、pproachtomeasuretheearningquality.AimstopresentresultsofanempiricalstudymeasuringthequalityofearningsoncompanieslistedinNYSE.Design/methodology/approach–Usesasampleof90companieslistedintheNYSE.Theanalysisisdirectedtoreachageneralassessmentofthequalityofearningsifthere

3、isacompleteconsistencyamongthethreeapproaches,andifnot,thequalityofearningsisquestionableandneedsfurtheranalysisandinvestigations.Findings–Theresultsshowthatdifferentapproachesofmeasuringthequalityofearningleadtodifferentassessment,andoneindustryoronecompanycannotbela

4、beledashavingloworhighqualityofearningbasedontheresultofoneapproachonly.Theresultsalsosuggestthatthestakeholdersbeforemakinganyfinancing,investingdecisionortakinganycorrectiveaction,havetousemorethanoneapproachtoassessthequalityofearnings.Originality/value–Indicatesth

5、atfinancialanalystsandgovernmentalagenciesdealingwithcompaniesshouldapplymorethanonemeasureforthequalityofearninginordertohavestrongevidenceaboutthelevelofqualitybeforetakinganycorrectiveactionormakinganydecisionrelatedtothosecompanies.1.IntroductionGenerallyaccepteda

6、ccountingprinciples(GAAP)offersomeflexibilityinpreparingthefinancialstatementsandgivethefinancialmanagerssomefreedomtoselectamongaccountingpoliciesandalternatives.Earningmanagementusestheflexibilityinfinancialreportingtoalterthefinancialresultsofthefirm(OrtegaandGrant

7、,2003).Inotherwords,earningsmanagementismanipulatingtheearningtoachieveapredeterminedtargetsetbythemanagement.Itisapurposefulinterventionintheexternalreportingprocesswiththeintentofobtainingsomeprivategain(Schipper,1989).Levit(1998)definesearningmanagementasagrayareaw

8、heretheaccountingisbeingperverted;wheremanagersarecuttingcorners;and,whereearningsreportsreflectthedesiresofmanagementrather