Auditoría y discrecionalidad contable en la gran empresa no financiera española

Bibliographic References

• ALDAMA y MIÑÓN, E. [2003]: Informe de la Comisión Especial para el fomento de la transparencia y la seguridad en los mercados financieros y las sociedades cotizadas.
• ANTLE, R.; GORDON, E.; NARAYANAMOORTHY, G., y ZHOU, L. [2002]: The Joint Determination of Audit Pees, Non-Audit Fees, and Abnormal Accruals, International Center for Finance, Yale University. Working paper, no. 02-21.
• ARCAS PELLICER, M. J., y VIDA BLANCO, M. A. [2004]: « Actuación discrecional sobre el resultado ante un cambio en la normativa fiscal», Revista Española de Financiación y Contabilidad, Vol. 33, no. 122: 603-636.
• AZOFRA, V.; CASTRILLO, M. J., y DELGADO, M. M. [2002]: « Ownership concentration, debt flnancing and the investment opportunity set determinants of accounting discretion: empirical evidence from Spain», Revista Española de Financiación y Contabilidad, no. 115: 215-255.
• BARTH, M. E.: CRAM, D. R, y NELSON, K. K. [2001]: « Accruals and the prediction of future cash flows», The Accounting Review, Vol. 76, no. 1: 27-58.
• BARTOV, E.; GUL, F., y TSUI, J. [2000]: « Discretionary-accruals models and audit qualifications», Journal of Accounting and Economics, Vol. 30, no. 3: 421-452.
• BAYSINGER, B. D., y BUTLER, H. [1985]: « Corporale Governance and the Board of Directors: Performance Effects of Changes in Board Composition», Journal of Law, Economics and Organization, Vol. 1, no. 1: 101-134.
• BAYSINGER, B. D., y HOSKISSON, R. E. [1990]: « The composition of boards of directors and strategic control: effects on corporate strategy», Academy of Management Review, Vol. 15: 72-81.
• BEASLEY, M. S. [1996]: « An empirical analysis of the relation between the board of director composition and flnancial statement fraud», The Accounting Review, Vol. 71, no. 4: 443-465.
• BECKER, C. L.; DEFOND, M. L.; JIAMBALVO, J., y SUBRAMANYAM, K. R. [1998]: « The effect of audit quality on ear-nings management», Contemporary Accounting Research, Vol. 15: 1-24.
• BENEISH. M. [2001]: « Earnings Management: A Perspective», Managerial Finance, Vol. 27, no. 12: 3-17.
• BHAGAT, S., y BLACK, B. [1999]: « The uncertain relationship between board composition and firm performance», Business Lawyer, Vol. 54: 921-963.
• BRADBURY, MICHAEL, E.; MAK, Y. T.; y TAN, S. M. [2004]: Board characteristics, audit committee characteristics and abnormal accruals, http://ssm.com/abstract=535764.
• BIIRGSTAHLEH, D., y DICHEV, I. [1997]: « Earnings management to avoid earnings decreases and losses», Journal of Accounting and Economics, Vol. 24, no. 1: 99-126.
• BUSHMAN, R. M., y SMITH, A. J. [2002]: « Financial accounting information and corporate governance», Journal of Accounting and Economics, Vol. 32: 237-333.
• BUTLER, M.; LEONE. A. J., y WILLENBOHG, M. [2004]: « An empirical analysis of auditor reporting and its association with abnormal accruals», Journal of Accounting and Economics, Vol. 37: 139-165.
• CABCELLO, J. V.; y NEAL, T. L. [2000]: « Audit committee composition and auditor reporting», Accounting Review, Vol. 75. no. 4: 453-467.
• CHUNG, R.; FIRTH, M., y JEONG-BON, K. [2003]: « Auditor conservatism and reported earnings», Accounting Business Research, Vol. 33, no. 1: 19-32.
• CHUNG, R.; FIRTH, M., y JEONG-BOII, K. [2005]: « Earnings management, surplus free cash flow, and external monitoring», Journal of Business Research, Vol. 58, no. 6: 766-776.
• DAVIS, L.; SOO, B., y TROMPETER, G. [2003]: « Auditor tenure, auditor independence and earnings management», Working paper, Boston College.
• DECHOW, P. M. [1994]: « Accounting earnings and cash flows as measures of firm performance. The role of accounting accruals», Journal of Accounting and Economics, Vol. 18, no. 1: 3-42.
• DECHOW, P. M., y SKINNER, D. J. [2000]: « Earnings management: Reconciling the views of accounting academics, practitioners, and regulators», Accounting Horizons, Vol. 14, no. 2: 235-250.
• DECHOW, P. M., y SLOAN, R. G. [1997]: « Returns to contrarian investment strategies: Tests of näive expectations hypotheses», Journal of Financial Economics, Vol. 43, no. 1: 3-27.
• DECHOW, P. M.; SLOAN, R. G., y SWEENEY. A. P. [1995]: « Detecting earnings management», The Accounting Review, Vol. 70. no. 2: 193-225.
• DECHOW, P. M.; SLOAN, R. G.; y SWEENEY, A. P. [1996]: « Causes and consequences of earnings manipulation: An analysis of firms subject to enforcement actions by the SEC», Contemporary Accounting Research, Vol. 13, no. 2: 1-36.
• DEFOND, M. L., y JIAMBALVO, J. [1991]: « Incidence and circumstances of accounting errors», The Accounting Review, Vol. 66: 643-655.
• DEFOND, M. L., y JIAMBALVO, J. [1994]: « Debt covenant violation and manipulation of accruals», Journal of Accounting and Economics, Vol. 17. no. 1-2: 145-176.
• DELGADO, M. M. [2003]: Factores determinantes de la discrecionalidad contable: Una aplicación empírica a las empresas cotizadas españolas, Universidad de Burgos. Burgos.
• EISENBERG, T.; SUNDGREN, S., y WELLS, M. T. [1998]: « Larger board size and decreasing firm value in small firms», Journal of Financial Economics, Vol. 48: 35-54.
• ERICKSON, M., y WANG, S. [1999]: « Earnings management by acquiring firms in stock for stock mergers», Journal of Accounting and Economics, Vol. 27. no. 2: 149-176.
• FERNANDEZ, A. I.; GÓMEZ, S., y FERNANDEZ, C. [1997]: « The effect of board size and composition on corporate performance», en B ALLING, M. el al. [Eds.]: Corporate Governance, Financial Markets and Global Convergence, Kluwer Academic Publishers. Boston.
• FRANCIS, J. R., y KRISHNAN, J. [1999]: « Accounting accruals and auditor reporting conservatism», Contemporary Accounting Research, Vol. 16, Primavera: 135-65.
• FRANCIS, J. R.; MAYDEW, E. L., y SPARKS. H. C. [1999]: « The role of Big 6 auditors in the credible reporting of accruals», Auditing: A Journal of Practice and Theory, Vol. 18, no. 18: 17-34.
• GALLÉN, M. L., y GINER, B. [2005]: « La alteratión del resultado para evitar pérdldas y descensos: evidencia empírica», Revista Española de Financiación y Contabilidad, Vol. 34, no. 124: 141-181
• GARCIA, B., y GISBERT. A. [2003]: « Earnings management», Revista Española de Financiación y Contabilidad, no. 115: 311-323.
• GARCIA OSMA, B., y GILL DE ALBORNOZ, B. [2005]: « El gobierno corporativo y las prácticas de earnings management: Evidencia empírica en España», Instituto Valenciano de Investigaciones Económicas WP-EC 2005-11.
• GARCÍA, B.; GILL DE ALBORNOZ, B., y GISBERT, A. [2005]: « La literature sobre la manipulación del resultado: Estado del arte y perspectivas», en C ANIBANO, L., y MORA, A. [Ed.]: Ledums sobre Contabilidad Europea, Ormag, Madrid. p. 267-296.
• GARCÍA, J. M.; GARCÍA, B., y MORA, A. [2005]: « The effects of earnings management on the asymmetric timeliness of earnings», Journal of Business, Finance&Accounting, Vol. 32, no. 3-4: 691-726.
• GEIGER, M. A., y RAGHUNANDAN. K. [2002]: « Auditor tenure and audit reporting failures», Auditing: A Journal of Practice & Theory, Vol. 21, no. 1: 67-78.
• GINER, B., y MORA, A. [2005]: « Accounting and financial reporting in Spain», en: C AÑIBANO, L., y MORA, A. [Ed.]: Tectums sobre Contabilidad Europea, Ormag, Madrid, pp. 19-56.
• GÓMEZ, N., y RUIZ, E. [2003]: « E1 debate sobre la rotación obligatoria de los auditores», AECA: Revista de la Asociación Española de Contabilidad y Administratión de Empresas, no. 62: 30-33
• GREENE, W. H. [1999]: Análisis econométrico, Prentice-Hall, Madrid.
• HANSEN, G. A., y NOE, C. F. [1998]: Do managers' accrual decisions speak louder than words?, http://ssm.com/abstract=66273.
• HEALY, P. M.. y PALEPU, K. [1993]: « The effect of firms' financial disclosure strategies on stockprices», Accounting Horizons, Vol. 7, no. 1: 11-54
• HEALY, P. M., y WAHLEN, J. M. [1999]: « A review of the earnings management literature and its implication for standard setting», Accounting Horizons, Vol. 13, no. 4: 365-383.
• HOLTHAUSEN, R. W.; LARKER, D. F., y SLOAN, R. G. [1995]: « Annual bonus schemes and the manipulation of earnings», Journal of Accounting and Economics, Vol. 19, no. 1: 29-74.
• JENSEN, M. C. [1993]: « The modern industrial revolution, exit, and the failure of internal control systems», The Journal of Finance, Vol. 25, no. 3: 831-873.
• JETER. D. C., y SHIVAKUMAR, L. [1999]: « Cross-Sectional estimation of abnormal accuals using quarterly and annual data: Effectiveness in detecting event-specific earnings management», Journal of Accounting and Business Research, Vol. 29, no. 4: 299-319.
• JOHN. K., y SENBET, L. [1998]: « Corporate governance and board effectiveness», Journal of Banking & Finance, Vol. 22. no. 4: 371-403.
• JONES, J. J. [1991]: « Earnings management during import relief investigations», Journal of Accounting Research, Vol. 29, no. 2: 193-228.
• KARAMANOU, I., y VAFEAS, N. [2005]: « The association between corporate boards, audit, committees, and management earnings forecasts: An empirical analysis», Journal of Accounting Research, Vol. 43, no. 3: 453-486
• KASZNIK, R. [1999]: « 0n the Association Between Voluntary Disclosure and Earnings Management», Journal of Accounting Research, Vol. 37, no. 1: 57-81.
• KIM, J. B.; CHUNG, R., y FIRTH, M. [2003]: « Auditor conservatism, asymmetric monitoring, and discretionary accrual choices», Contemporary Accounting Research, Vol. 20: 323-359.
• KLEIN, A. [1998]: « Firm performance and board committee structure», Journal of Law and Economics, Vol. 41. no. 1: 275-303.
• KLEIN, A. [2002]: « Audit committee, board of director characteristics, and earnings management», Journal of Accounting and Economics, Vol. 33, no. 3: 375-400.
• KOTHARI, S. P., LEONE, A., y WASLEY, C. E. [2005]: « Performance matched discretionary accrual measures», Journal of Accounting and Economics, Vol. 39: 163-197.
• LIPTON. M., y LOILSCH, J. W. [1992]: « A modest proposal for improved corporate governance», The Business Lawyer, Vol. 59, noviembre: 59-77.
• LÓPEZ, J. L. [2004]: « Los comités de auditoría», B UENO CAMPOS, E. [Ed.]: El gobierno de la empresa. En busca de la transparencia y la conjianza, Pirámide, Madrid, pp. 259-268.
• LUI, D. [2004]: « When Accruals Meet Growth: Do Analysts' Forecasts Fully Reflect the Future Earnings Implications of Accruals and Growth?», Working Paper Series, London Business School.
• LYS, T., y WAITS, R. [1994]: « Lawsuits against auditors», Journal of Accounting Research, Vol. 32: 65-93.
• MCNICHOLS. M. [2000]: « Research design issues in earnings management studies», Journal of Accounting and Public Policy, Vol. 19, no. 4-5: 313-345.
• MORA, A. [1994]: « Los modelos de predictión del fracaso empresarial: una aplicación empírica del logit», Revista Española de Financiación y Contabilidad, Vol. 23, no. 79: 203-233.
• MYERS, J., MYERS, L., y OMER, T. [2003]: « Exploring the term of the auditor-client relationship and the quality of earnings: a case for mandatory auditor rotation?», The Accounting Review, Vol. 78. no. 3: 779-799.
• NAVARRO. J. C, y MARTÍNEZ, I. [2004]: « Manipulación contable y calidad del auditor», Revista Española de Financiación y Contabilidad, Vol. 33, no. 123: 1.025-1.064.
• NELSON, M.; ELLIOTT, J., y TARPLEY, R. [2002]: « Evidence from auditors about managers' and auditors' earnings management decisions», The Accounting Review, Vol. 77: 175-202.
• OLIVENCIA RUIZ, M. [1998]: El gobierno de las sociedades cotizadas, Comité especial para el estudio de un código ético de los consejos de administración de las sociedades.
• - [2004]: « E1 gobierno de las sociedades y el código de buen gobierno», B UENO CAMPOS, E. [Ed.]: El gobierno de la empresa. En busca de la transparencia y la confianza, Pirámide, Madrid, pp. 21-39.
• PASTOR, M. J., y POVEDA, F. [2006]: « Earnings management as explanation of the equity puzzle in the Spanish market», Revista de Economia Financiera, no. 10, pp. 6-31.
• PEASNELL, K. V.; POPE, P. R, y YOUNG, S. [1999]: « Outside directors, board effectiveness, and abnormal accruals», Working paper 99/006, Lancaster University.
• - [2000]: « Detecting earnings management using cross-sectional abnormal accruals models», Accounting and Business Research. Vol. 30, no. 4: 313-326.
• - [2001]: « Board monitoring & earnings management: Do outside directors influence abnormal accruals?», Lancaster University Management School Working Paper, LUMSWP2001/016.
• PETRONI, K. [1992]: « Optimistic reporting in the property-casualty insurance industry», Journal of Accounting and Economics, Vol. 15, no. 4: 485-508.
• ROSENSTEIN, S., y WYATT, J. G. [1997]: « Inside Directors, Board Effectiveness, and Shareholder Wealth», Journal of Financial Economics, Vol. 44, no. 2: 229-250.
• RUIZ, E., y GÓMEZ, N. [1998]: « E1 informe de auditoría como medida de la calidad de información contable», Actualidad financiera, no. 11: 69-84.
• RUIZ, E., y GÓMEZ, N. [2003]: « Análisis empírico de los efectos de la duración del contrato del auditor sobre la compra de opinión», III Workshop de investigación empírica en contabilidad financiera, Alicante.
• RUIZ, E.: GÓMEZ, N., y CAMERA, N. [2006a]: « Evidencia empírica sobre el efecto de la duración del contrato en la calidad de la auditoría: análisis de las medidas de retención y rotación obligatoria de auditores», Investigaciones Económicas, Vol. 30, no. 2: 283-316.
• RUIZ, E.; GÓMEZ, N., y BIEDMA, E. [2006b]: « Long-term audit engagements and opinion shopping: Spanish evidence», Accounting Forum, Vol. 30: 61-79.
• RUIZ, I.; ZAMORA, C, y GARCÍA-AVUSO, M. [2003]: Una aproximación empírica a las relaciones de gohierno corporativo en las empresas españolas, XII Congreso de AECA, Cádiz.
• SAINTY, B.; TAYLOR, G., y WILLIAMS, D. [2002]: « Investor dissatisfaction toward auditors», Journal of Accounting, Auditing, and Finance, Vol. 17, no. 2: 111-136.
• SHLEIFER, A., y VISUM, R. W. [1997]: « A survey of corporate governance», Journal of Finance, Vol. 52, no. 2: 737-783. (Pubitemid 127344405)
• SPIRA, L. F. [1999]: « Ceremonies of governance: perspectives on the role of the audit committee», Journal of Management and Governance, Vol. 3: 231-260.
• SWEENEY, A. [1994]: « Debt covenant violation and managers' responses», Journal of Accounting and Economics, Vol. 17, mayo: 281-308.
• TEOH, S. H.; WELCH, I., y WONG, T. J. [1998]: « Earnings management and the underperformance of seasoned equity offerings», Journal of Financial Economics, Vol. 50: 63-99. (Pubitemid 128340539)
• TEOH, S. H., y WONG, T. J. [1993]: « Perceived auditor quality and earnings response coefficient», The Accounting Review, Vol. 68: 346-367.
• WATTS, R. L., y ZIMMERMAN, J. L. [1990]: « Positive accounting theory: A ten year perspective», The Accounting Review, Vol. 65, no. 1: 175-195.
• XIE, B.; DAVIDSON III, W, y DADALT, P. [2003]: « Earnings management and corporate governance: the role of the board and the audit committee», Journal of Corporate Finance, Vol. 9, no. 3: 295-316.
• YERMACK, D. [1996]: « Higher market valuation of companies with a small board of directors», Journal of Financial Economics, Vol. 40, no. 2: 185-211.
• ZÚÑGA, J.; DE LA FUENTE. J., y SUÁREZ. I. [2002]: Principales factores facilitadores e inerciales del cambio estratégico: Evidencia en la banco privada espafiola, Documento de Trabajo de Universidad de Valladolid, Burgos y Salamanca, no. 06.