IDEAS home Printed from https://ideas.repec.org/p/hal/journl/hal-00646778.html
   My bibliography  Save this paper

La gestion de résultat par les montages financiers de titrisation : le cas des sociétés françaises cotées

Author

Listed:
  • Patrick Boisselier

    (LIRSA-CRC - LIRSA. Centre de recherche en comptabilité - LIRSA - Laboratoire interdisciplinaire de recherche en sciences de l'action - CNAM - Conservatoire National des Arts et Métiers [CNAM] - HESAM - HESAM Université - Communauté d'universités et d'établissements Hautes écoles Sorbonne Arts et métiers université)

  • Mounir Jaouadi

    (CRIFP - Centre de Recherche en Ingénierie Financière et Finances Publiques - UNS - Université Nice Sophia Antipolis (1965 - 2019))

Abstract

This study investigates whether asset securitization and discretionary accruals are used as substitutes or complementary tools of earnings management. Our sample contains 166 asset securitizations undertaken by 97 listed French companies within the period 2000-2006. Our results suggest that asset securitization and discretionary accruals are complementary tools of earnings management. In other terms, firms try to reach earnings benchmark by securitizing their assets. After that, if this tool doesn't seem to be efficient to do so, firms manage their earnings through discretionary accruals.

Suggested Citation

  • Patrick Boisselier & Mounir Jaouadi, 2011. "La gestion de résultat par les montages financiers de titrisation : le cas des sociétés françaises cotées," Post-Print hal-00646778, HAL.
    • Handle: RePEc:hal:journl:hal-00646778
    Note: View the original document on HAL open archive server: https://hal.science/hal-00646778
    as

    Download full text from publisher

    File URL: https://hal.science/hal-00646778/document
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hal:journl:hal-00646778. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.