Revue algérienne d'économie et gestion
Volume 14, Numéro 2, Pages 443-464
2020-12-31
Empirical Evidence About The Impact Of Debts And Their Cost On Real Earnings Management In Algeria
Authors : Kimouche Bilal . Cherroun Azzeddine .
Abstract
This study aims to provide empirical evidence about the impact of debts and their cost on real earnings management in the Algerian companies. The study included 119 firm-year observations for 17 Algerian companies during the period 2012-2018, using the model of abnormal cash flows for Roychowdhury (2006) to measure real earnings management, and a multiple linear regression model to test the hypotheses. According to the results, debts and their cost do not have any impact on real earnings management in the Algerian companies. These results are inconsistent with the results of most previous studies due to the specificities of economic and institutional Algerian environment, where the debt covenant is prepared in a different manner, when compared with the developed environments.
Keywords
Financial reporting quality ; Real earnings management ; Abnormal operating cash flows ; Financial leverage ; Cost of debts
Les articles similaires
بوسالم أحلام
.
عابد يوسف
.
ص 117-132.
Yahia Zeghoudi
.
pages 74-88.
Kimouche Bilal
.
pages 494-510.
Bilal Kimouche
.
pages 101-129.
Said Houari Amel
.
pages 257-268.
