Macroeconomic control,political costs and earnings management:Evidence from Chinese listed real estate companies

作     者：Donghua Chen Jieying Li Shangkun Liang Guojun Wang 

作者机构：Institute of Accounting and FinanceDepartment of AccountingSchool of BusinessNanjing University 

出 版 物：《China Journal of Accounting Research》 (中国会计学刊（英文版）)

年 卷 期：2011年第4卷第3期

页      面：91-106页

学科分类：12[管理学] 02[经济学] 0202[经济学-应用经济学] 1202[管理学-工商管理] 1201[管理学-管理科学与工程(可授管理学、工学学位)] 020205[经济学-产业经济学] 020204[经济学-金融学（含∶保险学）] 

基　　金：supported by the National Social Science Foundation(08CJY2009) the National Nature Science Foundation of China(70732002 and 70602011) 

主　　题：Political costs Earnings management State-owned en 

摘      要：Firms in China have faced high political costs during China s economic transition,because they are affected by macroeconomic ***,research to date has offered no consistent conclusions on the relationship between political costs and earnings management in *** study tests whether real estate firms attempt to decrease earnings during periods of macroeconomic control,using variables related to the national real estate market as proxies for political *** find that political costs are negatively related to earnings management in listed real estate *** addition,we find that non-state-owned enterprises utilized more income-decreasing accruals during this *** results are consistent with the political costs hypothesis.