IFRS ADOPTION AND ACCRUAL-BASED MANAGED EARNINGS IN NIGERIA
| dc.contributor.author | Wole Muri Adedokun | |
| dc.contributor.author | Adedeji Daniel Gbadebo | |
| dc.contributor.author | Ahmed Oluwatobi Adekunle | |
| dc.contributor.author | oseph Olorunfemi Akande | |
| dc.date.accessioned | 2025-04-07T12:59:09Z | |
| dc.date.available | 2025-04-07T12:59:09Z | |
| dc.date.issued | 2022 | |
| dc.description.abstract | This study aims to evaluate the effects of the adoption of the International Financial Reporting Standards (IFRS) on the accrual-based managed earnings behavior of firms in Nigeria. The panel corrected standard errors (PCSE) multivariate method was employed to analyze firm-level data for 125 firms and covers the 11 sectors on the Nigerian Stock Exchange (NSE). The results of the Welch–Satterthwaite test show a significant difference between the pre-adoption (2003–2011) and post adoption (2012– 2020) discretionary accruals. These variables conformed to the a priori expectation and are all significant in the most parsimonious models. Contrary to some developed countries, the data does not support the idea that leverage, growth, and book-to-market value influence managed earnings for Nigeria. Managed earnings are not solely time- driven but are explained by certain firm characteristics (IFRS adoption, post-adoption firm-size, post-adoption audit firm’s size, returns on equity and asset turnover). Future research could explore opportunities in the areas of limitation we identified. | |
| dc.identifier.issn | 2305-2147 | |
| dc.identifier.uri | https://kwasuspace.kwasu.edu.ng/handle/123456789/4953 | |
| dc.language.iso | en | |
| dc.publisher | Asian Economic and Financial Review | |
| dc.relation.ispartofseries | 2305-2147 | |
| dc.title | IFRS ADOPTION AND ACCRUAL-BASED MANAGED EARNINGS IN NIGERIA |