Essec\Faculty\Model\Contribution {#2216
  #_index: "academ_contributions"
  #_id: "1050"
  #_source: array:26 [
    "id" => "1050"
    "slug" => "earnings-management-in-chapter-11-bankruptcy"
    "yearMonth" => "2019-06"
    "year" => "2019"
    "title" => "Earnings Management in Chapter 11 Bankruptcy"
    "description" => "FISCHER, T.C.G., GAVIOUS, I. et MARTEL, J. (2019). Earnings Management in Chapter 11 Bankruptcy. <i>Abacus</i>, 55(2), pp. 273-305."
    "authors" => array:3 [
      0 => array:3 [
        "name" => "MARTEL Jocelyn"
        "bid" => "B00000350"
        "slug" => "martel-jocelyn"
      ]
      1 => array:1 [
        "name" => "FISCHER Timothy C.G."
      ]
      2 => array:1 [
        "name" => "GAVIOUS Ilanit"
      ]
    ]
    "ouvrage" => ""
    "keywords" => array:5 [
      0 => "Bankruptcy"
      1 => "Chapter 11"
      2 => "Financial reorganization"
      3 => "Earnings management"
      4 => "Auditor choice"
    ]
    "updatedAt" => "2021-09-24 10:33:27"
    "publicationUrl" => "https://onlinelibrary.wiley.com/doi/abs/10.1111/abac.12158"
    "publicationInfo" => array:3 [
      "pages" => "273-305"
      "volume" => "55"
      "number" => "2"
    ]
    "type" => array:2 [
      "fr" => "Articles"
      "en" => "Journal articles"
    ]
    "support_type" => array:2 [
      "fr" => "Revue scientifique"
      "en" => "Scientific journal"
    ]
    "countries" => array:2 [
      "fr" => null
      "en" => null
    ]
    "abstract" => array:2 [
      "fr" => """
        Cette étude analyse le phénomène de manipulation des revenus \n
        d'entreprises américaines en difficultés financières avant le recours à la protection du Chapitre 11. Sur la base de trois mesures de manipulation des revenus, nous démontrons que cette stratégie mise en oeuvre avant la procédure de Chapitre 11 a pour conséquence de réduire la probabilité de confirmation d'une proposition de réorganisation et de survie des entreprises à l'issue de la procédure de Chapitre 11. Ces résultats sont portés essentiellement par d'importantes déviations de l'ordre d'un ou deux écarts-types par rapport à la moyenne. Ces résultats confirment la réaction positive des créanciers à la gestion conservatrice des revenus et négative à une gestion trop optimiste.
        """
      "en" => "We study the impact of earnings management prior to bankruptcy filing on the passage of firms through Chapter 11. Using data on public US firms, we construct three measures of earnings management and we find that earnings management prior to bankruptcy significantly reduces the likelihood of Chapter 11 plan confirmation and emergence from Chapter 11. The results are driven primarily by extreme values of earnings management, characterized by one or two standard deviations above or below the mean. The findings are consistent with creditors reacting positively to unduly conservative earnings reports and negatively to overly optimistic earnings reports."
    ]
    "authors_fields" => array:2 [
      "fr" => "Finance"
      "en" => "Finance"
    ]
    "indexedAt" => "2024-11-21T13:21:44.000Z"
    "docTitle" => "Earnings Management in Chapter 11 Bankruptcy"
    "docSurtitle" => "Journal articles"
    "authorNames" => "<a href="/cv/martel-jocelyn">MARTEL Jocelyn</a>, FISCHER Timothy C.G., GAVIOUS Ilanit"
    "docDescription" => "<span class="document-property-authors">MARTEL Jocelyn, FISCHER Timothy C.G., GAVIOUS Ilanit</span><br><span class="document-property-authors_fields">Finance</span> | <span class="document-property-year">2019</span>"
    "keywordList" => "<a href="#">Bankruptcy</a>, <a href="#">Chapter 11</a>, <a href="#">Financial reorganization</a>, <a href="#">Earnings management</a>, <a href="#">Auditor choice</a>"
    "docPreview" => "<b>Earnings Management in Chapter 11 Bankruptcy</b><br><span>2019-06 | Journal articles </span>"
    "docType" => "research"
    "publicationLink" => "<a href="https://onlinelibrary.wiley.com/doi/abs/10.1111/abac.12158" target="_blank">Earnings Management in Chapter 11 Bankruptcy</a>"
  ]
  +lang: "en"
  +"_type": "_doc"
  +"_score": 9.280612
  +"parent": null
}