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This document discusses a study on the relationship between earnings management practices and bond ratings for non-financial firms listed on the Indonesian Stock Exchange between 2005-2008. The study uses a model to detect earnings management and finds evidence of earnings management over four periods, but only finds a relationship between earnings management and bond ratings in the period when bonds are issued. This suggests managers may manipulate profits around the timing of bond issuances.
- Author
- Silver Fullbaster
- Language
- EN