Journal of
Accounting and Taxation

  • Abbreviation: J. Account. Taxation
  • Language: English
  • ISSN: 2141-6664
  • DOI: 10.5897/JAT
  • Start Year: 2009
  • Published Articles: 132

Full Length Research Paper

The role of board characteristics on the relationship between International Financial Reporting Standards (IFRS) adoption and earnings management: Evidence from China

Khaldoon Albitar
  • Khaldoon Albitar
  • Department of Accounting and Financial Management, School of Business, University of Portsmouth, UK.
  • Google Scholar
Ahmad Alqatan
  • Ahmad Alqatan
  • Department of Accounting and Financial Management, School of Business, University of Portsmouth, UK.
  • Google Scholar
Wei Huang
  • Wei Huang
  • Department of Accounting, School of Accounting, Zhongnan University of Economics and Law, Wuhan, China.
  • Google Scholar


  •  Received: 21 August 2019
  •  Accepted: 25 September 2019
  •  Published: 31 October 2019

References

Ahmed AS, Neel M, Wang D (2013). Does mandatory adoption of IFRS improve accounting quality? Preliminary evidence. Contemporary Accounting Research 30(4):1344-1372.
Crossref

 

Ali A, Akbar S, Ormrod P, Shah SZ (2017). Impact of IFRS on the quality of financial information in the United Kingdom and France. Australian Accounting Review 2017:360-375.
Crossref

 
 

Bajra U, Cadez S (2018). The impact of corporate governance quality on earnings management: Evidence from European companies cross‐listed in the US. Australian Accounting Review 28(2):152-166.
Crossref

 
 

Bakker E (2017). Interpretation and application of IFRS standards. Hoboken, NJ: Wiley.

 
 

Ball R, Robin A, Wu JS (2003). Incentives versus standards: properties of accounting income in four East Asian countries. Journal of Accounting and Economics 36(1-3):235-270.
Crossref

 
 

Barth M, Landsman W, Lang M, Williams C (2012). Are IFRS-based and US GAAP based accounting amounts comparable? Journal of Accounting and Economics 54(1):68-93.
Crossref

 
 

Barth ME, Landsman WR, Lang MH (2008). International accounting standards and accounting quality. Journal of Accounting Research 46(3):467-498.
Crossref

 
 

Beasley MS (1996). An empirical analysis of the relation between the board of director composition and financial statement fraud. The Accounting Review 71(4):443-465.

 
 

Cai L, Rahman A, Courtenay S (2008). The effect of IFRS and its enforcement on earnings management: An international comparison. Available at: View
Crossref

 
 

Cumming D, Hou W, Lee E (2016). Business ethics and finance in greater China: Synthesis and future directions in sustainability, CSR, and fraud. Journal of Business Ethics 138(4):601-626.
Crossref

 
 

Dechow PM, Sloan RG, Sweeney AP (1995). Detecting earnings management. The Accounting Review 70(2):193-225.

 
 

DeFond M L, Gao X, Li OZ, Xia L (2014). Did China's Adoption of IFRS Attract More Foreign Institutional Investment? Hershey, PA: Business Science Reference.
Crossref

 
 

DeFond M, Gao X, Li OZ, Xia L (2016). IFRS adoption in China and foreign institutional. China Journal of Accounting Research 12:1-32.
Crossref

 
 

DeFond M, Gao X, Li OZ, Xia L (2019). IFRS adoption in China and foreign institutional investments. China Journal of Accounting Research 12(1):1-32.
Crossref

 
 

Ding S, Jia C, Wu Z, Adi AA, Rossi JA (2018). Foreign Direct Investment in China. Journal of Business Ethics 2018:765-785.

 
 

Field A (2009). Discovering statistics using SPSS. 2nd ed. London: Sage Publication.

 
 

Gao L, Kling G (2012). The impact of corporate governance and external audit on compliance to mandatory disclosure requirements in China. Journal of International Accounting, Auditing and Taxation 21(1):17-31.
Crossref

 
 

George ET, Li X, Shivakumar L (2017). A review of the IFRS adoption literature. Review of Accounting Studies 21(3):898-1004.
Crossref

 
 

Hail L, Leuz C, Wysocki P (2010). Global Accounting Convergence and the Potential Adoption of IFRS by the U.S. (Part II): Political Factors and Future Scenarios for U.S. Accounting Standards. Accounting Horizons 24(4):567-588.
Crossref

 
 

Iatridis G, Rouvolis S (2010). The post-adoption effects of the implementation of International Financial Reporting Standards in Greece. Journal of International Accounting, Auditing and Taxation 19(1):55-65.
Crossref

 
 

Jeanjean T, Stolowy H (2008). Do accounting standards matter? An exploratory analysis of earnings management before and after IFRS adoption. Journal of Accounting and Public Policy 27(6):480-494.
Crossref

 
 

Jones JJ (1991). Earnings management during import relief investigations. Journal of Accounting Research 29(2):193-228.
Crossref

 
 

Kasznik R (1999). On the association between voluntary disclosure and earnings management. Journal of Accounting Research 37(1):57-81.
Crossref

 
 

Kim J, Shi H, Zhou J (2013). International Financial Reporting Standards, institutional infrastructures, and implied cost of equity capital around the world. Quantitative Finance and Accounting 42(3):469-507.
Crossref

 
 

Lam KC, Sami H, Yao J, Yao Y (2019). Mandatory IFRS Adoption and Earnings Management: The Role of Culture.

 
 

Leuz C, Lin KV, Warnock FE (2010). Do Foreigners Invest Less in Poorly Governed Firms? The Review of Financial Studies 22(8):3245-3285.
Crossref

 
 

Marra A, Mazzola P, Prencipe A (2011). Board monitoring and earnings management pre- and post-IFRS. The International Journal of Accounting 46(2):205-230.
Crossref

 
 

McEwen RA (2014). Transparency in financial reporting : a concise comparison of IFRS and US GAAP. Petersfield: Harriman House.

 
 

Miko NU (2016). The Effect of Corporate Governance Mechanisms and Firm Characteristics on Earnings Management Practice among Nigerian Companies. (Doctoral thesis) School of Accountancy. Universiti Utara Malaysia.

 
 

Ohlson JA (1995). Earnings, book values, and dividends in equity valuation. Contemporary Accounting Research 11(2):661-687.
Crossref

 
 

Osma B G (2017). TheRole of Independent Directors on Earnings Management: Evidence from Individual Incentives. Spain;Calle Madrid: Universidad Carlos III de Madrid.

 
 

Pelucio-Grecco MC, Geron CMS, Grecco GB, Lima JPC (2014). The effect of IFRS on earnings management in Brazilian non-financial public companies. Emerging Markets Review 21:42-66.
Crossref

 
 

Peña HF, Franco JB (2017). Impact of IFRS on the quality of financial information in the United Kingdom and France. Intangible Capital pp. 850-878.
Crossref

 
 

Peng S, Tondkar RH, van der Laan Smith J, Harless DW (2008). Does convergence of accounting standards lead to the convergence of accounting practices? A study from China. The International Journal of Accounting 43(4):448-468.
Crossref

 
 

Qu W, Fong M, Oliver J (2012). Does IFRS convergence improve quality of accounting information?-Evidence from the Chinese stock market. Corporate Ownership and Control 9(4):187-196.
Crossref

 
 

Rudra T, Bhattacharjee D (2012). Does IFRS influence earnings management? Evidence from India. Journal of Management Research 4(1):1-13.
Crossref

 
 

Van Tendeloo B, Vanstraelen A (2005). Earnings management under German GAAP versus IFRS. European Accounting Review 14(1):155-180.
Crossref

 
 

Verriest A, Gaeremynck A, Thornton DB (2013). The impact of corporate governance on IFRS adoption choices. European Accounting Review 22(1):39-77.
Crossref

 
 

Wang K, Xiao X (2011). Controlling shareholders' tunneling and executive compensation: evidence from China. Journal of Accounting and Public Policy 30(1):89-100.
Crossref

 
 

Wang D (2006). Founding family ownership and earnings quality. Journal of Accounting Research 44(3):619-656.
Crossref

 
 

Xie B, DaDalt PJ, Davidson W (2003). Earnings management and corporate governance: Theories of the board and the audit committee. Journal of Corporate Finance 9:295-316.
Crossref

 
 

Xiong Y, Ganguli G (2014). Does the adoption of international financial reporting standards restrain earnings management? evidence from an emerging market. Academy of Accounting and Financial Studies Journal 13:43-56.

 
 

Yuanhui Li, Ferguson JP, Wu P, Gao L, Gu T (2015). Business strategy, market competition and earnings management. Chinese Management Studies 9(3):401-424.
Crossref

 
 

Zealand KN, Zealand IO (2015). Adoption of IFRS and preparing accounts for SMEs. Wellington, N.Z: Institute of Chartered Accountants of New Zealand.

 
 

Zhang Z, Chen Q (2006). Experimental measurements and numerical simulations of particle transport and distribution in ventilated rooms. Atmospheric Environment 40(18):3396-3408.
Crossref

 
 

Zhou H, Xiong Y, Ganguli G (2009). Does the adoption of international financial reporting standards restrain earnings management? Evidence from an emerging market. Academy of Accounting and Financial Studies Journal 13:43.