IDEAS home Printed from https://ideas.repec.org/p/hal/journl/hal-02446620.html
   My bibliography  Save this paper

The type of earnings management in France and the effect of employee share ownership

Author

Listed:
  • Joseph Abdel Nour

    (CERGAM - Centre d'Études et de Recherche en Gestion d'Aix-Marseille - AMU - Aix Marseille Université - UTLN - Université de Toulon, AMU IAE - Institut d'Administration des Entreprises (IAE) - Aix-en-Provence - AMU - Aix Marseille Université)

  • Nicolas Aubert

    (CERGAM - Centre d'Études et de Recherche en Gestion d'Aix-Marseille - AMU - Aix Marseille Université - UTLN - Université de Toulon, AMU IAE - Institut d'Administration des Entreprises (IAE) - Aix-en-Provence - AMU - Aix Marseille Université)

  • Domenico Campa

    (IUM - International University of Monaco)

Abstract

This article investigates earnings management from a corporate governance perspective on a sample of 133 French listed companies. Following Jiraporn et al. (2008)'s model to reveal the type of earnings management, we find a positive relationship between discretionary accruals and agency costs, implying that managers of French companies manage earnings rather opportunistically than beneficially. We also find evidence that the implementation and the level of employee share ownership plans are negatively linked to the level of opportunistic earnings management. Additionally, employee share ownership moderates the relationship between the level of discretionary accruals and agency costs. These results suggest that (1) ESO decreases the level of opportunistic earnings management, and that (2) its implementation makes the use of earnings management less opportunistic.

Suggested Citation

  • Joseph Abdel Nour & Nicolas Aubert & Domenico Campa, 2020. "The type of earnings management in France and the effect of employee share ownership," Post-Print hal-02446620, HAL.
    • Handle: RePEc:hal:journl:hal-02446620
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hal:journl:hal-02446620. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.