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2018 | OriginalPaper | Buchkapitel

3. Earnings Management in Family Firms

verfasst von : Silvia Ferramosca, Alessandro Ghio

Erschienen in: Accounting Choices in Family Firms

Verlag: Springer International Publishing

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Abstract

This chapter begins the discussion about earnings quality in family firms. It examines whether family firms differently manage their earnings compared to non-family firms. We show that both from a theoretical and an empirical perspective, prior research documents show that family firms manage less their earnings relative to non-family firms. Nonetheless, we also look at deviations from these results, mainly due to the differences in the institutional environment, and/or in the management structure. Moreover, there has been a shift from the agency theory to the socioemotional wealth theory to explain family firms’ decisions with regards to earnings management. We conclude this chapter by suggesting future avenues for research, in particular in terms of theoretical framework and research design. The discussion about earnings quality continues in Chap. 4, where we investigate accounting conservatism in family firms.

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Vorheriges Kapitel The Family Business

Nächstes Kapitel Accounting Conservatism in Family Firms

Section 3 of Chap. 2 further discusses the different definitions of family firms and the related implications concerning accounting decisions.

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Titel: Earnings Management in Family Firms
verfasst von: Silvia Ferramosca
Alessandro Ghio
Verlag: Springer International Publishing
Buch: Accounting Choices in Family Firms
Print ISBN: 978-3-319-73587-0

Electronic ISBN: 978-3-319-73588-7

Copyright-Jahr: 2018
DOI: https://doi.org/10.1007/978-3-319-73588-7_3