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

  • Constant Djama


    (CRM - Centre de Recherches en Management - CNRS - Institut d'Administration des Entreprises (IAE) - Toulouse - UT1 - Université Toulouse 1 Capitole)

  • Guillaume Dumas


    (LGC - Laboratoire de Gestion et de Cognition - UPS - Université Paul Sabatier - Toulouse 3)

  • Isabelle Martinez


    (LGC - Laboratoire de Gestion et de Cognition - UPS - Université Paul Sabatier - Toulouse 3)

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    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.

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    Paper provided by HAL in its series Post-Print with number hal-00650418.

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    Date of creation: 10 May 2011
    Date of revision:
    Publication status: Published in Comptabilités, économie et société, May 2011, Montpellier, France., 2011
    Handle: RePEc:hal:journl:hal-00650418
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