Does leverage constrain real and AEM around IPO corporate event? evidence from the emerging market

• Main Authors: Kalgo, Sani Hussaini, Amin Noordin, Bany Ariffin, Nahar, Hairul Suhaimi
• Format: Article
• Language: English
• Published: SAGE Publications 2019
• Online Access: http://psasir.upm.edu.my/id/eprint/79435/1/Does%20leverage%20constrain%20real%20and%20AEM%20around%20IPO%20.pdf; http://psasir.upm.edu.my/id/eprint/79435/; https://journals.sagepub.com/doi/abs/10.1177/0972150918825196?journalCode=gbra
• Institution: Universiti Putra Malaysia

The article investigates whether Malaysian initial public offering (IPO) firms engage in real and accrual earnings management (AEM) and examines the impact of leverage on the earnings management’s discretionary behaviour of the firms for the period of 2003–2013. The Dechow, Sloan, and Sweeney (1995,...