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

Author

Listed:
  • Guillaume Dumas

    (UM - Université de Montpellier)

  • 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)

  • Isabelle Martinez

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

Abstract

Is innovation an incentive toengage in corporate earnings management?In order to address this research issue, asample comprising of innovative firmsbased on the Oseo certification standards isused. Based on this sample, we measurefor 2009 the earning management throughthe discretionary accruals. We documentthat innovative firms manage earnings byhaving increased earnings, corroboratingthe fact that innovation (which is acomplex, risky and uncertain activity)induce information asymmetry andconsequently managerial discretion.Regarding the factors which may explainthe accounting behavior of innovativefirms, neither debt nor asset structure arestatistically significant variable.

Suggested Citation

  • Guillaume Dumas & Constant Djama & Isabelle Martinez, 2011. "L'innovation : une incitation à la gestion des résultats ?," Post-Print hal-03948479, HAL.
    • Handle: RePEc:hal:journl:hal-03948479
    Note: View the original document on HAL open archive server: https://hal.umontpellier.fr/hal-03948479
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