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Economic policy uncertainty, strategic radicality and corporate earnings management

Published: 08 December 2022 Publication History

Abstract

Using the data of all A-share listed companies in Shanghai and Shenzhen stock exchanges from 2011 to 2020 as research samples, this paper analyzes the relationship between economic policy uncertainty, strategic aggressiveness and corporate earnings management from the micro perspective of enterprises. The results of this study show that: economic policy uncertainty will reduce the radicalism of corporate strategy, the reduction of corporate strategy radicality will reduce the earnings management of enterprises, and economic policy uncertainty will reduce the earnings management of enterprises by affecting the radicalism of corporate strategy; Further research finds that compared with state-owned enterprises, non-state-owned enterprises have a more significant effect on reducing corporate earnings management by reducing the aggressiveness of corporate strategy in the face of economic policy uncertainty.

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  • (2023)Research on Big Data-driven Business Management Effectiveness Enhancement MethodologyJournal of Education, Humanities and Social Sciences10.54097/ehss.v16i.977116(277-282)Online publication date: 2-Jul-2023

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cover image ACM Other conferences
IMMS '22: Proceedings of the 5th International Conference on Information Management and Management Science
August 2022
457 pages
ISBN:9781450396721
DOI:10.1145/3564858
Permission to make digital or hard copies of all or part of this work for personal or classroom use is granted without fee provided that copies are not made or distributed for profit or commercial advantage and that copies bear this notice and the full citation on the first page. Copyrights for components of this work owned by others than ACM must be honored. Abstracting with credit is permitted. To copy otherwise, or republish, to post on servers or to redistribute to lists, requires prior specific permission and/or a fee. Request permissions from [email protected]

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Association for Computing Machinery

New York, NY, United States

Publication History

Published: 08 December 2022

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Author Tags

  1. Earnings management
  2. Financing constraints
  3. Key words: Economic policy uncertainty
  4. Strategic radicality

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  • Research-article
  • Research
  • Refereed limited

Funding Sources

  • The General Project of Guangdong Province Philosophy, Social and Social Science Planning in 2020 Research on Regional Financial Risk Prevention and Management in Guangdong Province Based on Balance Sheet Analysis
  • The key scientific research platforms and projects of colleges and universities in Guangdong Province Research on the impact of corporate strategy on tax avoidance decision

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  • (2023)Research on Big Data-driven Business Management Effectiveness Enhancement MethodologyJournal of Education, Humanities and Social Sciences10.54097/ehss.v16i.977116(277-282)Online publication date: 2-Jul-2023

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