Uploaded by Ioanna Malkogianni Uploaded date: May 23, 2022
May 16, 2022
Using agency theory, this article evaluates the extent to which Greek state-owned hospitals followed earnings management techniques to affect reported earnings and which accrual accounts are relevant to explain discretionary accruals. Covering the period from 2009–2019, the analysis reveals that the Greek state-owned hospitals try to report small surpluses. Accrual-based accounts and changes in their value between successive years provide evidence of relevance for earnings management.
Ioanna Malkogianni & Sandra Cohen (2022) Earnings management in public hospitals: The case of Greek state-owned hospitals, Public Money & Management, DOI: 10.1080/09540962.2022.2071005
Agency theory; discretionary accruals; earnings management; public sector hospitals; small surpluses; state-owned hospitals
Type of Paper