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Smoothing Behavior Of Firms In Times Of Crisis: Empirical Evidence From The Spanish Economic Environment

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  • Alina Beattrice Vladu
  • Barcelona Spain

Abstract

The main goal of this particular research was to assess whether the listed companies in Spain behave differently in bad economic times versus good economic times. In this regard, the smoothing behavior of Spanish listed firms was examined. The results obtained document for the 2008-2009 financial crisis period a decrease in income smoothing activities. Results, implications and scope for future research are discussed.

Suggested Citation

  • Alina Beattrice Vladu & Barcelona Spain, 2013. "Smoothing Behavior Of Firms In Times Of Crisis: Empirical Evidence From The Spanish Economic Environment," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 2(15), pages 1-13.
    • Handle: RePEc:alu:journl:v:2:y:2013:i:15:p:13
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    Cited by:

    1. Persakis, Anthony & Iatridis, George Emmanuel, 2015. "Earnings quality under financial crisis: A global empirical investigation," Journal of Multinational Financial Management, Elsevier, vol. 30(C), pages 1-35.

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    More about this item

    Keywords

    income smoothing; financial crisis; earnings management;
    All these keywords.

    JEL classification:

    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting
    • M40 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - General

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