Career concerns and earnings management in government-owned banks

Pan, Nengqi1; Chang, Millicent2; Pan, Xiaofei2

2023-07-01

10.1111/acfi.13152

ACCOUNTING AND FINANCE   影响因子和分区

0810-5391

1467-629X

We examine how government ownership in banks affects earnings management to determine whether competing political or agency interests prevail. Using bank ownership data for 171 Chinese commercial banks from 2006 to 2018, we find more accruals management in government-owned banks, especially to reduce earnings. This effect is stronger in banks with less influence from controlling shareholders, more concentrated ownership structures, and in more developed provinces. Overall, our results find support for the agency view, where managers in government-owned banks use accruals management to reduce social and political responsibilities, leading to increases in their promotion prospects.

career concerns earnings management government-owned banks

SSCI

英语

第一

Business & Economics

Business, Finance

WOS:001036399700001

WILEY

Web of Science

1.Southern Univ Sci & Technol, Business Sch, Shenzhen, Peoples R China
2.Univ Wollongong, Sch Business, Northfields Ave, Wollongong, NSW 2522, Australia

Pan, Nengqi,Chang, Millicent,Pan, Xiaofei. Career concerns and earnings management in government-owned banks[J]. ACCOUNTING AND FINANCE,2023.

Pan, Nengqi,Chang, Millicent,&Pan, Xiaofei.(2023).Career concerns and earnings management in government-owned banks.ACCOUNTING AND FINANCE.

Pan, Nengqi,et al."Career concerns and earnings management in government-owned banks".ACCOUNTING AND FINANCE (2023).