This study combines the listed companies which regard the sports industry as the main business with eamings management which is the current hot issue in the study of corporate governance at home and abroad to explore ...This study combines the listed companies which regard the sports industry as the main business with eamings management which is the current hot issue in the study of corporate governance at home and abroad to explore corporate governance of the enterprises taking sports industry as the main business. By summarizing and analyzing the relevant theory, the study establishes a hypothesis, designs empirical models, and verifies the hypothesis using the data of USA listed companies. Empirical results show that enterprises taking the sports industry as the main business have a higher degree of earnings management, due to the high growth potentials of this type of enterprise.展开更多
文摘This study combines the listed companies which regard the sports industry as the main business with eamings management which is the current hot issue in the study of corporate governance at home and abroad to explore corporate governance of the enterprises taking sports industry as the main business. By summarizing and analyzing the relevant theory, the study establishes a hypothesis, designs empirical models, and verifies the hypothesis using the data of USA listed companies. Empirical results show that enterprises taking the sports industry as the main business have a higher degree of earnings management, due to the high growth potentials of this type of enterprise.
