Does Investment Bankers’ Prior Experience in Public Accounting Reduce Earnings Management in IPO Firms?

Role Of Underwriters In Restraining Earnings Management In Initial Public Offerings

Journal of Applied Business Research (JABR) ◽

10.19030/jabr.v28i4.7054 ◽

2012 ◽

Vol 28 (4) ◽

pp. 709 ◽

Cited By ~ 6

Author(s):

Hei Wai Lee ◽

Yan Alice Xie ◽

Jian Zhou

Keyword(s):

Earnings Management ◽

Initial Public Offerings ◽

The Internet ◽

Venture Capitalists ◽

Font Size ◽

Going Public ◽

Public Offerings ◽

Investment Bankers ◽

Sarbanes Oxley

We investigate the relationship between underwriter reputation and earnings management of IPO firms over the period of 1991-2005. We find that IPO firms engage in less earnings management if they are underwritten by prestigious investment bankers. Furthermore, the role of prestigious underwriters in restraining earnings management of IPO issuers do not change during the Internet Bubble period or after the passage of the Sarbanes-Oxley Act (SOX). The findings support the certification role of underwriters in the IPO process. We also document that firms going public in the post-SOX period engage in less earnings management compared to firms going public in the pre-SOX period. Further findings suggest that the changing objectives of venture capitalists may explain the reduction in the level of earnings management of IPO firms following the passage of SOX.

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Persepsi Etis Auditor pada Kantor Akuntan Publik dan Akuntan Pendidik pada Praktik Manajemen Laba

E-Jurnal Akuntansi ◽

10.24843/eja.2018.v24.i03.p29 ◽

2018 ◽

pp. 2414

Author(s):

Putu Javani Sukma K ◽

I Ketut Sujana

Keyword(s):

Earnings Management ◽

Sampling Method ◽

Management Practice ◽

Total Sample ◽

Ethical Perception ◽

Public Accounting ◽

Accounting Firm ◽

Analysis Technique ◽

The Difference ◽

Public Accountant

The purpose of this research is to know the difference of auditor's ethical perception on public accounting firm and educator accountant on earnings management practice in terms of operational manipulation type, accounting manipulation, manipulation direction, materiality and manipulation tendency. Sample in this research is auditor at Public Accountant Office counted 41 people and accountant educator counted 30 people, with total sample 71 people. Sampling in this research using purposive sampling method with analysis technique which done in this research using Mann Whitney analysis technique. The result of the research shows that there is difference of ethical perception between auditor at Public Accountant Office and educator accountant on earnings management practice based on accounting manipulation type and manipulation direction. While there is no difference of ethical perception between auditor at Public Accountant Office and educator accountant on earnings management practice based on operational manipulation type, materiality and manipulation tendency. Keywords: Perception, Ethics, Profit Management, Auditor, Accountant

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Pengaruh Kualitas Komite Audit dan Ukuran Kantor Akuntan Publik terhadap Manajemen Laba

Jurnal Akuntansi Indonesia ◽

10.30659/jai.9.1.37-51 ◽

2020 ◽

Vol 9 (1) ◽

pp. 37

Author(s):

Nazila Alfiyasahra ◽

Auliffi Ermian Challen

Keyword(s):

Earnings Management ◽

Audit Committee ◽

Stock Exchange ◽

Secondary Data ◽

Public Accounting ◽

Accounting Firm ◽

The Public ◽

Chemical Manufacturing ◽

Independent Audit

This study aims to determine the effect of the quality of the audit committee and the size of the public accounting firm on earnings management. The audit committee uses the proxy size of the audit committee, the number of audit committee meetings, the independent audit committee and the expertise of the audit committee. This study uses secondary data, namely companies in the category of basic industrial and chemical manufacturing sectors listed on the Indonesia Stock Exchange (IDX). The sample used 16 companies with the period 2015-2017 through a purposive sampling method. The analytical method used is multiple regression. Based on the results of the study concluded that the independent audit committee has a positive effect on earnings management, but the size of the audit committee, the number of audit committee meetings, the expertise of the audit committee, and the size of the public accounting firm have no influence on earnings management.

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Earnings Management, Good Corporate Governance, Size of Public Accounting Firm on The Integrity of Financial Report

InFestasi ◽

10.21107/infestasi.v17i2.11144 ◽

2021 ◽

Vol 17 (2) ◽

pp. Inpres

Author(s):

Khayatul Izzah ◽

Nawirah Nawirah

Keyword(s):

Corporate Governance ◽

Earnings Management ◽

Panel Data Analysis ◽

Institutional Ownership ◽

Audit Committees ◽

Public Accounting ◽

Financial Report ◽

Accounting Firm ◽

Mining Companies ◽

Good Corporate Governance

Implementation of Good Corporate Governance (GCG) which is believed to minimize the occurrence of fraud to achieve the integrity of financial report, GCG is proxied by institutional ownership, independent commissioners, and audit committees. Public Accounting Firm (KAP) as a variable which is an external auditor as an intermediary if there is a difference of opinion with the company's internal parties. The purpose of this study is to find out the effect of Earnings Management, Institutional Ownership, Independent Commissioners, Audit Committees, Size of Public Accounting Firms on the Integrity of Financial Report in mining companies. The researcher uses mining companies in Indonesia for the 2015-2019 period as the population with 22 companies as the research samples. Panel data analysis Eviews 9.0 software is used as a research method. The results of this study prove that the variables have a significant effect are the audit committee, meanwhile earnings management, institutional ownership, independent commissioners, size of public accounting firm on the integrity of the financial report have no significant effect.

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PENGARUH KOMITE AUDIT KOMISARIS INDEPENDEN DAN UKURAN KAP TERHADAP MANAJEMEN LABA PADA PERUSAHAAN MANUFAKTUR SEKTOR ANEKA INDUSTRI YANG TERDAFTAR PADA BEI TAHUN 2012-2015

KEBERLANJUTAN ◽

10.32493/keberlanjutan.v2i2.y2017.p652-677 ◽

2018 ◽

Vol 2 (2) ◽

pp. 652

Author(s):

Ganefo Sudirman

Keyword(s):

Earnings Management ◽

Firm Size ◽

Audit Committee ◽

Stock Exchange ◽

Percent Level ◽

Earning Management ◽

Public Accounting ◽

Accounting Firm ◽

Normality Test ◽

Multiple Regression Technique

Abstract RThe research is an empirical study to examine the influence of audit committee, independent commissioner and public accounting firm size to earnings management on Indonesian Stock Exchange listed companies from manufacturing various industry sector in 2012 until 2015. The sample collected using the purposive sampling method and it has resulting 15 companies for the samples.The sample was analyzed by using linear multiple regression technique. T-test for testing the hypothesis and f-test for the feasibility model with the five percent level of significant. It was tested with classical assumption test like normality test, autocorrelation test, multicollinearity test, and heteroscedasticity test. The result shows audit committee has a negative and significant to earning management, independent commissioner committee has insignificant influence to Earnings Management, and KAP size has a positive and significant to earning management Keywords: Audit committee, independent commissioner and public accounting firm size, earnings management

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RELASI PIHAK EKSEKUTIF PERUSAHAAN DENGAN KANTOR AKUNTAN PUBLIK DAN PRAKTIK MANAJEMEN LABA

InFestasi ◽

10.21107/infestasi.v15i1.5483 ◽

2019 ◽

Vol 15 (1) ◽

pp. 57

Author(s):

Williem ◽

Oktavia

Keyword(s):

Earnings Management ◽

Annual Report ◽

Stock Exchange ◽

Manufacturing Companies ◽

Public Accounting ◽

Accounting Firm ◽

Curriculum Vitae ◽

The Relationship

This study aims to examine the effect of relations between the executive of the com-pany and Public Accounting Firm, which audits the company, on earnings man-agement practices carried out by the management of the company. The research sample used by this study was 435 observations from manufacturing companies listed on the Indonesia Stock Exchange. The results of this study indicate that the relationship between the executive of the company and KAP which is currently audit the company negatively affects the practice of earnings management. This finding indicates that the practice of earnings management in companies with executives who have worked in public accounting firm that currently audit the companies is actually lower than in companies with executives have never worked in public accounting firm which is currently audit the companies. This research is the first study that measures the relationship between the executive of the company and public accounting firm, by tracing the profile of the company's executive in the annual report of the company or through CV (Curriculum Vitae) in the Google database.

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Patient Involvement in Treatment Decision Making Can Help or Hinder Placebo Analgesia

Zeitschrift für Psychologie ◽

10.1027/2151-2604/a000179 ◽

2014 ◽

Vol 222 (3) ◽

pp. 165-170 ◽

Cited By ~ 2

Author(s):

Andrew L. Geers ◽

Jason P. Rose ◽

Stephanie L. Fowler ◽

Jill A. Brown

Keyword(s):

Patient Involvement ◽

Cold Water ◽

Prior Experience ◽

Water Immersion ◽

Treatment Decision ◽

Cold Water Immersion ◽

Not Given ◽

Placebo Analgesia ◽

Treatment Decision Making ◽

Immersion Experience

Experiments have found that choosing between placebo analgesics can reduce pain more than being assigned a placebo analgesic. Because earlier research has shown prior experience moderates choice effects in other contexts, we tested whether prior experience with a pain stimulus moderates this placebo-choice association. Before a cold water pain task, participants were either told that an inert cream would reduce their pain or they were not told this information. Additionally, participants chose between one of two inert creams for the task or they were not given choice. Importantly, we also measured prior experience with cold water immersion. Individuals with prior cold water immersion experience tended to display greater placebo analgesia when given choice, whereas participants without this experience tended to display greater placebo analgesia without choice. Prior stimulus experience appears to moderate the effect of choice on placebo analgesia.

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In a Working Mood?

Journal of Media Psychology Theories Methods and Applications ◽

10.1027/1864-1105.20.1.3 ◽

2008 ◽

Vol 20 (1) ◽

pp. 3-14 ◽

Cited By ~ 17

Author(s):

Leonard Reinecke ◽

Sabine Trepte

Keyword(s):

Cognitive Task ◽

Prior Experience ◽

Computer Game ◽

Control Group ◽

Mood Management ◽

Management Processes ◽

Quasi Experimental ◽

Personal Media ◽

Experimental Group ◽

Subsequent Task

Abstract. This quasi-experimental study examined the effects of exposure to a computer game on arousal and subsequent task performance. After inducing a state of low arousal, participants were assigned to experimental or control conditions via self-selection. Members of the experimental group played a computer game for five minutes; subjects in the control group spent the same amount of time awaiting further instructions. Participants who were exposed to the computer game showed significantly higher levels of arousal and performed significantly better on a subsequent cognitive task. The pattern of results was not influenced by the participants' prior experience with the game. The findings indicate that mood-management processes associated with personal media use at the workplace go beyond the alteration of arousal and affect subsequent cognitive performance.

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