Board IndependenceVoluntary DisclosureEarnings QualityWe examine the association between board independence and the characteristics of non-GAAP earnings. Our results suggest that companies with less independent boards are more likely to opportunistically exclude recurring items from non-GAAP earnings. ...
We examine the association between board independence and the characteristics of non-GAAP earnings. Our results suggest that companies with less independent boards are more likely to opportunistically exclude recurring items from non-GAAP earnings. Specifically, we find that exclusions from non-GAAP earni...
Board Structure and Firm Performance: Evidence from French Firms Listed in SBF 120 Using a sample of 40 French companies listed on the SBF 120 for the period 2002-2009, we examine if board structure (board size, independence of its member... Aymen AMMARI,Mohamed KADRIA,Abderrazak ELLOUZE - ...
Two-sample and independence tests on stochastic processes have been widely studied in recent years. Under the stationarity assumption, ref. [8] investigate how the kernel cross-spectral density operator may be used to test for independence, and [9] formulate a wild bootstrap-based approach for ...
(r = −0.12,p= 0.029). Finally, multiple regression was performed to predict perceived mental health based on gender, age, SHW, and self-efficacy. Linearity was assessed using partial regression plots and a plot of student residuals against predicted values. Independence of the residuals was ...
s affecting the company,there by hindering efficient and effective control by them .However,to date,there is no published study that explores the effect of board independence and oth 他们解释非高级主管的主任没有足够在形成关于重要问题和没有熟悉影响公司的问题s,那里通过妨害高效率和有效的控制由他们。
and timeliness, are relatively hard to verify, at least in a short run. Therefore, managers can manipulate the timing and selectivity of PBE disclosures to exploit self-serving opportunities with relatively low detection risk. Second, compared to management earnings forecasts that imply mainly the ...
on permanent earnings. However, other researchers find that opportunism might be the reason behind the voluntary disclosure of non-GAAP indicators, especially before regulatory interventions. As a matter of fact, two opposing theoretical perspectives have emerged: the informative and the opportunistic view...
This research examines the relationship between board independence and earnings stability in Indian companies. The study focuses on the BSE-500 index constituents, which represent 4,044 firm-years from 2011 to 2022, and aims to fill gaps in the literature by providing insights into ...
The exclusion quality of firms who started to disclose non-GAAP earnings in the post-CDI period is of higher than that of firm who frequently disclose non-GAAP earnings in both the pre- and post-CDI periods. These results suggest that relaxed interpretive guidance of non-GAAP regulations ...