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Earnings Management through Specific Accruals and Discretionary Expenses: Evidence from U.S. Agribusiness Firms

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  • Carlos J.O. Trejo-Pech
  • Richard N. Weldon
  • Michael A. Gunderson

Abstract

type="main" xml:lang="fr"> Dans la présente étude, nous examinons la gestion du résultat en comptabilité d'exercice et la gestion réelle du résultat dans les agroentreprises étatsuniennes. Nous avons mis l'accent sur les agroentreprises qui signalaient un résultat de faible qualité, soit des entreprises qui ont des charges à payer très élevées comparativement à leurs pairs. Nous avons utilisé la version modifiée du modèle transversal intrasectoriel de Jones (Jones 1991, Dechow et al 1995) pour évaluer la gestion du résultat en comptabilité d'exercice. Pour déceler les pratiques de gestion réelle du résultat, nous avons utilisé le modèle de Roychowdhury (2006) qui tient compte des dépenses discrétionnaires. Selon les résultats de notre étude, les agroentreprises adoptent la gestion du résultat en comptabilité d'exercice plutôt que la gestion réelle du résultat. De plus, il se pourrait que les gestionnaires gèrent le résultat en apportant des ajustements spécifiques aux provisions pour comptes clients douteux et aux éléments exceptionnels.

Suggested Citation

  • Carlos J.O. Trejo-Pech & Richard N. Weldon & Michael A. Gunderson, 2016. "Earnings Management through Specific Accruals and Discretionary Expenses: Evidence from U.S. Agribusiness Firms," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 64(1), pages 89-118, March.
    • Handle: RePEc:bla:canjag:v:64:y:2016:i:1:p:89-118
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    2. Roman Blazek & Pavol Durana & Katarina Valaskova, 2020. "Creative Accounting as an Apparatus for Reporting Profits in Agribusiness," JRFM, MDPI, vol. 13(11), pages 1-19, October.
    3. Zhang, Yiyang & Perols, Johan & Robinson, Dahlia & Smith, Thomas, 2018. "Earnings management strategies to maintain a string of meeting or beating analyst expectations," Advances in accounting, Elsevier, vol. 43(C), pages 46-55.
    4. Carlos J. O. Trejo‐Pech & Michael A. Gunderson & Dayton M. Lambert, 2021. "Mergers and acquisitions in the U.S. agribusiness sector, 1990–2017," Agribusiness, John Wiley & Sons, Ltd., vol. 37(4), pages 713-730, October.
    5. Pavol Durana & Roman Blazek & Veronika Machova & Miroslav Krasnan, 2022. "The use of Beneish M-scores to reveal creative accounting: evidence from Slovakia," Equilibrium. Quarterly Journal of Economics and Economic Policy, Institute of Economic Research, vol. 17(2), pages 481-510, June.
    6. Carlos J. O. Trejo-Pech & Karen L. DeLong & Dayton M. Lambert & Vasileios Siokos, 2020. "The impact of US sugar prices on the financial performance of US sugar-using firms," Agricultural and Food Economics, Springer;Italian Society of Agricultural Economics (SIDEA), vol. 8(1), pages 1-17, December.

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