Do cross-border listing firms manage earnings?: evidence from Egyptian stock exchange

الملخص EN

Purpose – The purpose of this study is to examine whether cross-listing Egyptian firms in international stock exchanges are associated with improving the quality of reported earnings
 Design/Method – Depending on multivariate regression analysis, this study examined the impact of international cross-listing on the earnings management practices of Egyptian firms.

 Findings – Using earnings management practices as an inverse proxy for quality of financial reporting, this study found that cross-listed Egyptian firms tend to report larger value of discretionary accruals compared with non-cross-listed Egyptian firms after controlling for several firm-level characteristics that could influence managers' incentives to manipulate earnings.