Earnings management i amerikanska företag tiden innan konkurs
The purpose of this study was to examine earnings quality and earnings management in U.S. ex-post failed firms. A quantitative study was made, using the Modified Jones Model, to identify abnormal accruals up to six years before bankruptcy. 9 003 continuing firms and 187 bankrupt firms, active sometime between 1990 and 2010, were examined. The study concludes that U.S. ex-post failed firms engage in income decreasing earnings management one and two years before bankruptcy. The study finds no significant evidence for earnings management between year three and year six before bankruptcy.