000			01452nam a2200169 4500
003			OSt
005			20241114102212.0
008			241114b |||||||| |||| 00| 0 eng d
100			_aKaran Gandhi
245			_aFinancial Distress, Earnings Benchmark and Earnings Management Practices
300			_ap171-192
520			_aPrior research exhibits contradictory evidence on earnings management practices, both accrual and real, undertaken by the firms in state of financial distress. This study uniquely examines the issue in the presence of earnings-increasing earnings management motivation- meeting earnings benchmark of avoiding losses. For examining the issue, this study analyzes large panel data of Indian public companies for the period 2000–2016. The findings indicate prevalence of earnings-decreasing real earnings management practices, that is, decrease in overproduction and increase in spending on discretionary expenses, in financially distressed firms despite there being motivation to increase earnings to avoid losses. No evidence of accrual earnings management practices has been observed in such firms.
654			_aFinancial Distress _aEarnings Management _aAccrual Earnings Management _aReal Earnings management _aEarnings Benchmarks
773	0		_080316 _9110091 _dNew Delhi Sage Publications _oJP350 _tVision: The Journal of Business Perspectives _x0972-2629
942			_cJA
942			_2ddc
999			_c130234 _d130234