Using corporate accruals to evaluate management quality: Evidence from Asian countries

• Autores: Md. Shamimul Hasan, Normah Omar, Paul Barnes, ABM Rashedul Hassan
• Localización: Aestimatio: The IEB International Journal of Finance, ISSN 2173-0164, Nº. 15, 2017, págs. 48-67
• Idioma: inglés
• Títulos paralelos:
  • La evaluación la calidad de la gestión a través de los devengos corporativos: evidencia en países asiáticos
• Enlaces
  • Texto completo (pdf)
• Resumen
  • español

    Este artículo se centra en la medición de la calidad de la gestión corporativa mediante la combinación de una serie de estadísticos relativos a los devengos discrecionales. El objetivo es evaluar la calidad de la gestión en una serie de países asiáticos: Malasia, Indonesia, Tailandia, Singapur, Hong-Kong, Japón y China. Se utiliza el concepto de flujo de caja libre, el modelo de Kothari-Jones, ocho estadísticos descriptivos y una escala de siete puntos para cada estadístico. Los resultados obtenidos muestran que la mejor calidad en la gestión tiene lugar en Japón (50 puntos), seguido de Tailandia (44), Singapur (38), Malasia (35), China (27), Hong Kong (21) e Indonesia (9)

  • English

    This study focuses on the measurement of the quality of corporate management by combining a number of descriptive statistics of corporate accruals. The objective is to evaluate the quality of management in certain Asian countries, namely Malaysia, Indonesia, Thailand, Singapore, Hong Kong, Japan and China. The free cash flow concept, the KothariJones model, eight descriptive statistics, and a seven-point rating scale are used in this study. The result shows that Japan attained the highest score, 50, followed by Thailand (44), Singapore (38), Malaysia (35), China (27), Hong Kong (21) and Indonesia (9).

    These findings have not been documented yet and the work is the first of its kind.

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