Earnings management v.s. board independence : a comparison between listed and non-listed companies.
Quek, Kian Leong.
Wee, Fang Fang.
Date of Issue2004
College of Business (Nanyang Business School)
This paper examines the relation between earnings management and board independence based on the following board characteristics: the proportion of outside directors, the presence of Chief Executive Officer (CEO) duality and the presence of Chief Financial Officer (CFO) on board. We further demonstrate that non-listed firms exhibit a higher level of earnings management than listed firms.
Final Year Project (FYP)
Nanyang Technological University