This paper has discussed the difference between positive and negative directions of ratchet effect as well as earnings management. It also pays more attention to the negative ratchet effect and earnings management than other scholars do. Furthermore, based on the data of the Chinese A-share companies from 2007 to 2012, the empirical analysis on the relationship of ratchet effect and earnings management has been applied. The results indicate that ratchet effect is one of the important factors triggering the behavior of earnings management, and managers can manage earnings effectively to get more benefits in the next year by ratchet effect. All of these add value on the study of earnings management and have some significance of reference.
Mei Shiqiang, Wei Haoqiang.
Research on the relationship of ratchet effect and earnings management[J]. Science Research Management. 2014, 35(8): 101-109
中图分类号：
F272
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