International Conference on Construction and Real Estate Management 2016
The Influence of Listed Real Estate Companies’ Competition to Real Earnings Management
Publication: ICCREM 2016: BIM Application and Off-Site Construction
ABSTRACT
With the increase of numerous listed companies of real estate in our country, the competition is becoming more and more fierce. To gain more profit as direct purpose is the basic characteristics of the listed real estate companies, making earnings management effectively enables enterprises to develop steadily. So, exploring the relationship between earnings management and listed real estate companies’ competition has important practical significance. With the constant improvement of accounting standard for business enterprises and the further strengthen of external supervision, the traditional sense of the accrued earnings management is limited to a great extent, for the purpose of earnings management, more managers in listed real estate companies tend to adopt sales manipulation, cost manipulation, and expense manipulation, etc. ways of real earnings management to whitewash financial statements. Real earnings management has stronger concealment and flexibility. Paper uses three indicators of real earnings management as the breakthrough point, analyzing the data of the listed real estate companies from 2010 to 2014, validating the relationship between listed real estate companies’ competition and the real earnings management, then pointing out some corresponding countermeasures.
Get full access to this chapter
View all available purchase options and get full access to this chapter.
REFERENCES
Alhadab, M., Clacher, I. and Keasey, K. (2013). “Effects of audit quality on real and accrual earnings management and subse-quent return performance: evidence from IPOs.” <https://doi.org/10.2139/ssrn.2225409> (Jan. 6, 2016).
Cohen, D. and Paul, Z. (2010). “Accrual-based and real earnings management activities around seasoned equity offerings.” Journal of Accounting and Economics, 50(1), 2–19.
Gu, M.R. (2013). “The financial crisis, the audit quality and real earnings management.” Journal of Shan Dong Social Science, (4), 17–25. (in Chinese).
Jeong-Bon, K. and Byungcherl, C.S. (2013). “Real earnings management and cost of capital.” Journal of Accounting and Public Policy, 32(6), 518–543.
Li, Z.F. and Zheng, Y.H. (2011). “Listed companies equity refinancing earnings management and performance of landslide, based on the accrued items under the way of control and the real activities manipulation research.” China Management Science, 19(2), 49–56. (in Chinese).
Lin, Y.J., Wang, Z.Q. and Li, M.L. (2013). “Executives change and earnings management, based on the accrued items to manipulate and real activities manipulation of the empirical research.” Nankai Management Review, (1), 19–24. (in Chinese).
Santanu, M., Mahmud, H. and Pankaj, J. (2013). “Product market power and management’s action to avoid earnings disappointment.” Review of Quantitative Finance and Accounting, 41(2013), 585–610.
Wang, G.M. (2013). A Share of Real Estate Business Development Strategy Research. Southwest jiaotong university, Chengdu, China, 57–74.
Information & Authors
Information
Published In
ICCREM 2016: BIM Application and Off-Site Construction
Pages: 903 - 910
Editors: Yaowu Wang, Ph.D., Professor, Harbin Institute of Technology, Mohamed Al-Hussein, Ph.D., Professor, University of Alberta, Geoffrey Q. P. Shen, Ph.D., Professor, The Hong Kong Polytechnic University, and Yimin Zhu, Ph.D., Professor, Louisiana State University
ISBN (Online): 978-0-7844-8027-4
Copyright
© 2017 American Society of Civil Engineers.
History
Published online: Aug 14, 2017
Authors
Metrics & Citations
Metrics
Citations
Download citation
If you have the appropriate software installed, you can download article citation data to the citation manager of your choice. Simply select your manager software from the list below and click Download.