Resumen

MENDES, Cláudia Araújo  y  RODRIGUES, Lúcia Lima. Estudo de práticas de earnings management nas empresas portuguesas cotadas em bolsa: Identificação de alisamento de resultados e seus factores explicativos. Tékhne [online]. 2006, n.5-6, pp.145-173. ISSN 1645-9911.

The purpose of the present investigation is twofold. First, we seek to determine if the existence of alternative options in terms of accounting policies induces income smoothing behavior. Second, we pretend to identify the explanatory factors of the incidence of income smoothing. Our research sample comprises companies listed on the Main Market of the present Euronext Lisbon, over a period of five years. The results of this study confirm that our sample companies are actively engaged in accounting income smoothing practices. Furthermore, among the many variables considered, the proportion of interest borne, the ownership structure, and the activity sector proved to be the factors which have largely contributed to explain such behavior.

Palabras clave : earnings management; income smoothing; discretionary accounting.

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