Earnings management behavior of the IPO firms during pre-IPO, IPO, and post-IPO years : evidence from the casablanca stock exchange

Dissertant

Bin Ali, Maryam

Thesis advisor

Faruq, Umar

University

Al Akhawayn University

Faculty

The School of Business Administration

University Country

Morocco

Degree

Master

Degree Date

2009

English Abstract

This paper examines earnings management behavior of the Moroccan IPO firms during pre-IPO, IPO, and post-IPO years in the period between 2001 and 2007.

We investigate the pattern of discretionary accruals, measure of earnings management, around the IPO year.

Our results show that the discretionary accruals reach their maximum at the year of an IPO followed by the discretionary accruals in the pre-IPO years.

One of the reasons for this gradual increase in earnings management may be that firms want to build their reputation as a profitable firm before going to public.

Our results show considerably lower earnings management during the post-IPO period.

Main Subjects

Financial and Accounting Sciences

Topics

• Management
• Securities
• Profits
• Morocco
• Finance companies

No. of Pages

26

Table of Contents

• APA
• MLA
• AMA

Language

English

Data Type

Arab Theses

Record ID

BIM-625165