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DC Field | Value | Language |
---|---|---|
dc.citation.endPage | 588 | - |
dc.citation.number | 4 | - |
dc.citation.startPage | 577 | - |
dc.citation.title | AUSTRALIAN ACCOUNTING REVIEW | - |
dc.citation.volume | 28 | - |
dc.contributor.author | Lee, Junyoup | - |
dc.contributor.author | Lee, Eunsuh | - |
dc.contributor.author | Kim, Kevin H. | - |
dc.contributor.author | Paik, Daniel Gyung H. | - |
dc.date.accessioned | 2023-12-21T19:51:59Z | - |
dc.date.available | 2023-12-21T19:51:59Z | - |
dc.date.created | 2017-12-18 | - |
dc.date.issued | 2018-12 | - |
dc.description.abstract | New accounting standards, namely SFAS 141 and 142, were adopted in 2001. The release of these two regulations offers a unique opportunity to explore how managers have changed their earnings manipulation behaviour by using In-process Research and Development (IPR&D) costs. In this study, we examine whether and how the amount of IPR&D at the acquisition deals is associated with discretionary accruals, which serve as a proxy for earnings management. We use a sample of firms reporting acquired IPR&D over the period 1993-2007 with a matched group based on size and industry. Our results provide evidence that managers strategically use the IPR&D costs as an income-decreasing earnings management tool, and SFAS 141 and 142 effectively reduced the use of IPR&D costs to manipulate earnings. Furthermore, we examine the effect of SFAS 141R, which was adopted in 2008, on earnings management by using IPR&D. We use a sample of firms reporting acquired IPR&D at the firm level over the period 1993-2011 with a matched group based on size and industry. Results indicate that IPR&D is no longer related to income-decreasing earnings management after the adoption of SFAS 141R. These findings can help accounting regulators determine how to curb the misleading use of IPR&D for earnings management purposes. | - |
dc.identifier.bibliographicCitation | AUSTRALIAN ACCOUNTING REVIEW, v.28, no.4, pp.577 - 588 | - |
dc.identifier.doi | 10.1111/auar.12210 | - |
dc.identifier.issn | 1035-6908 | - |
dc.identifier.scopusid | 2-s2.0-85035015411 | - |
dc.identifier.uri | https://scholarworks.unist.ac.kr/handle/201301/23119 | - |
dc.identifier.url | http://onlinelibrary.wiley.com/doi/10.1111/auar.12210/abstract | - |
dc.identifier.wosid | 000451699300009 | - |
dc.language | 영어 | - |
dc.publisher | WILEY-BLACKWELL | - |
dc.title | Acquired In-process Research Development and Earnings Management | - |
dc.type | Article | - |
dc.description.isOpenAccess | FALSE | - |
dc.relation.journalWebOfScienceCategory | Business, Finance | - |
dc.relation.journalResearchArea | Business & Economics | - |
dc.description.journalRegisteredClass | ssci | - |
dc.description.journalRegisteredClass | scopus | - |
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