The goals of this study are duple. Firstly, it analyzes either cash flow from the operating action (CFOA) is able to detect bottom line management. Secondly, it tests either the market conduct of the firms that are probably to attempt earnings guidance is different distinguished to their counterparts that are not like to attempt earnings manipulation. A total of 100 firm-age data were resolved. The population of the study forms all liquid stocks listed in the Indonesian stock market, covering a ending from 2012-2015 (four years). The samples amount to 25 firms that met the excerpt criteria. The theories were tested using a merger of a parametric test (t-test for mean) and a non-parametric test (Mann-Whitney test for the median). The test of the first theory reveals that CFOAs are secondhand by firms to perform palpable activity guidance. The test of the second hypothesis shows that the firms that are more predictable to act in real activity guidance on average have a better recognition by capital market players than their counterparts.
Author(s) Details:
Andreas,
Department
of Accounting, Faculty of Economics and Business, Universitas Riau, Indonesia.
Please see the link here: https://stm.bookpi.org/AOBMER-V1/article/view/11729
No comments:
Post a Comment