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L'innovation : une incitation à la gestion des résultats ?

Author

Listed:
  • Constant Djama

    (CRM - Centre de Recherche en Management - UT Capitole - Université Toulouse Capitole - UT - Université de Toulouse - IAE - Institut d'Administration des Entreprises - Toulouse - CNRS - Centre National de la Recherche Scientifique)

  • Guillaume Dumas

    (LGC - Laboratoire de Gestion et de Cognition - UT3 - Université Toulouse III - Paul Sabatier - UT - Université de Toulouse)

  • Isabelle Martinez

    (LGC - Laboratoire de Gestion et de Cognition - UT3 - Université Toulouse III - Paul Sabatier - UT - Université de Toulouse)

Abstract

Is innovation an incentive to engage in corporate earnings management? In order to address this research issue, a sample comprising of innovative firms based on the Oseo certification standards is used. Based on this sample, we measure for 2009 the earning management through the discretionary accruals. We document that innovative firms manage earnings by having increased earnings, corroborating the fact that innovation (which is a complex, risky and uncertain activity) induce information asymmetry and consequently managerial discretion. Regarding the factors which may explain the accounting behavior of innovative firms, neither debt nor asset structure are statistically significant variable.

Suggested Citation

  • Constant Djama & Guillaume Dumas & Isabelle Martinez, 2011. "L'innovation : une incitation à la gestion des résultats ?," Post-Print hal-00650418, HAL.
    • Handle: RePEc:hal:journl:hal-00650418
    Note: View the original document on HAL open archive server: https://hal.science/hal-00650418
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    References listed on IDEAS

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    Keywords

    earnings management; accruals; Innovation; gestion des résultats; variables comptables de régularisation;
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