...Awad Elsayed Awad Ibrahim; Tarek Abdelfattah; Khaled Hussainey Purpose The authors examine whether managers switch from artificial income smoothing using discretionary accruals to real income smoothing around corporate governance reform in Egypt. Design/methodology/approach The sample...

...Nicola Moscariello; Pietro Fera; Ettore Cinque Purpose By analyzing the relationship between discretionary accruals and information asymmetry throughout the latest global financial crisis, this paper deepens our understanding of the effect of managerial discretion on the informativeness...

... discretionary accruals, the magnitude of abnormal accruals varies non-linearly with managerial ownership. Research limitations/implications This study is limited by availability of data on sample firm ownership. This study uses cross-sectional data due to these limitations. Further research could...

... explain little of the variations in accounting choices (i.e. discretionary accruals) in the Egyptian context. However, the paper finds that mangers are likely to smooth the reported earnings by managing the accrual component in an attempt to reduce the fluctuation in reported earnings by increasing...

... documented in the earnings management literature. This will hopefully add supporting evidence to the signaling hypothesis of accruals, which has so far received limited attention in the literature. The positive correlation between discretionary accruals and stock returns suggests that managers may...