CORPORATE GOVERNANCE AND EARNINGS MANAGEMENT: THE ROLE OF THE BOARD OF DIRECTOR

This study investigates the association between earnings management and corporate governance characteristics in the Chinese context. Chinese corporate governance system is improved in past two decades after deciding to move away from planned economy to market-oriented one. The data is collected from the Chinese A-listed firms for the period of 2008 to 2016 to investigate the impact of Board characteristics on Earnings management. Additionally, this study demonstrates if earnings management is still an issue in the Non-SOE or not?. This study finds that board size mitigates the earnings management, and board independence is not playing there due role in monitoring the top management. The board meetings are not so effective and therefore not contributing to mitigating the earnings management. CEO duality is not a big issue just like in developed countries. Furthermore, When segrgating the sample on the basis of ownership type, we find that, a board meeting is affective in SOE as compare to Non-SOE.Furthermore, board size substitutes the weak external governance mechanism and constrains Earnings management. Board meeting plays a complementary effect when external governance mechanism is strong. The findings of this study are significant for all stakeholders to analyze and to improve the board effectiveness and the financial reporting quality before making any decision

CORPORATE GOVERNANCE AND EARNINGS MANAGEMENT: THE ROLE OF THE BOARD OF DIRECTOR

This study investigates the association between earnings management and corporate governance characteristics in the Chinese context. Chinese corporate governance system is improved in past two decades after deciding to move away from planned economy to market-oriented one. The data is collected from the Chinese A-listed firms for the period of 2008 to 2016 to investigate the impact of Board characteristics on Earnings management. Additionally, this study demonstrates if earnings management is still an issue in the Non-SOE or not?. This study finds that board size mitigates the earnings management, and board independence is not playing there due role in monitoring the top management. The board meetings are not so effective and therefore not contributing to mitigating the earnings management. CEO duality is not a big issue just like in developed countries. Furthermore, When segrgating the sample on the basis of ownership type, we find that, a board meeting is affective in SOE as compare to Non-SOE.Furthermore, board size substitutes the weak external governance mechanism and constrains Earnings management. Board meeting plays a complementary effect when external governance mechanism is strong. The findings of this study are significant for all stakeholders to analyze and to improve the board effectiveness and the financial reporting quality before making any decision

Impact of Climate Change on Wheat Production: A Case Study of Pakistan

Atmospheric condition which remains for some days is called weather, whereas, if such condition prevails for a season, decade or a century, it is termed as climate. To keep the pace of growth fossil fuel has been used in order to meet the energy requirement. However, fossil fuel adds some gases in the atmosphere which are altering the climate with the passage of time

Tourism, transport energy consumption, and the carbon dioxide emission nexus for the USA: Evidence from wavelet coherence and spectral causality approaches

The aim of this study is to analyze the dynamic relationship between tourism, transport energy consumption, and carbon dioxide emissions in the United States from the 1st quarter of 1995 to the 4th quarter of 2019. To this end, we utilize the autoregressive distributed lag (ARDL), the Wavelet Coherence Approach (WCA), and the Breitung-Candelon spectral granger causality approaches. The empirical outcomes confirm that the variables included in the model exhibit cointegration. The estimations of the wavelet coherence approach confirm that tourism stimulates transport energy consumption, whereas both tourism and energy consumption bolster carbon emissions in the United States. The outcomes for the Breitung-Candelon spectral granger causality approach suggest that our variables exhibit causal associations at various frequencies. These are findings are also robust to alternative econometrics specifications. These empirical outcomes underscore the fact that tourism propel both transport energy consumption and carbon emissions. Our study helps policymakers in regards to revisiting the role of tourism and transport energy consumption concerning emissions in order to cope with environmental challenges in the United States.</p