Managerial Characteristics and Earnings Management: Evidence from CEO's Birth Date

• Main Author: 宋育維
• Other Authors: 潘健民
• Format: Others
• Language: zh-TW
• Published: 2016
• Online Access: http://ndltd.ncl.edu.tw/handle/53110649781483189077

碩士 === 國立政治大學 === 會計學系 === 104 === Since the “Upper Echelon Theory” proposed by Hambrick and Mason (1984),more scholars and researchers focus on studying the relationship between backgrounds, characteristics, psychological traits from board members, CEO, top management teams and the performance like earnings management of a company. This study investigates whether the birth date (horoscope) of the managers affects the accruals-based earnings management and real earnings management in a company. Our results indicate that managers born in the interval of 3/21 to 4/19 (Aries), 6/22 to 7/22 (Cancer), 9/23-10/23 (Libra) and 10/24-11/22 (Scorpio) are more likely to conduct manipulation of earnings management.