Does increased board independence reduce earnings management? Evidence from recent regulatory reforms

• المؤلفون الرئيسيون: CHENG, Qiang, CHEN, Xia, WANG, Xin
• التنسيق: text
• اللغة: English
• منشور في: Institutional Knowledge at Singapore Management University 2015
• الموضوعات: earnings management; corporate governance; board independence; information environment; Accounting; Corporate Finance
• الوصول للمادة أونلاين: https://ink.library.smu.edu.sg/soa_research/866; https://ink.library.smu.edu.sg/context/soa_research/article/1865/viewcontent/does_increased_board_independence__1_.pdf
• المؤسسة: Singapore Management University

In this paper, we examine whether recent regulatory reforms requiring majority board independence are effective in reducing earnings management. Firms that did not have a majority of independent directors prior to the reforms (referred to as non-compliance firms) are required to increase their board...