Corporate ownership and the information content of earnings in Poland

References

• Ali , A and Hwang , L-S . 2000 . Country-specific factors related to financial reporting and the value relevance of accounting data . Journal of Accounting Research , 38 : 1 – 21 .
   Web of Science ®Google Scholar
• Ball , R , Kothari , SP and Robin , A . 2000 . The effect of international institutional factors on properties of accounting earnings . Journal of Accounting and Economics , 29 : 1 – 51 .
   Web of Science ®Google Scholar
• Behn , BK , Nagy , AL and Riley , R . 2002 . The association between stock/compensation mix and earnings usefulness , Knoxville, TN : University of Tennessee . Working Paper
   Google Scholar
• Berglof , E and Claessens , S . 2004 . Corporate governance and enforcement , World Bank Policy Research Working Paper No. 3409 Washington, DC : World Bank .
   Google Scholar
• Bhattacharya , U and Daouk , H . 2002 . The world price of insider trading . Journal of Finance , 57 : 75 – 108 .
   Web of Science ®Google Scholar
• Cho , M-H . 1998 . Ownership structure, investment, and the corporate value: an empirical analysis . Journal of Financial Economics , 47 : 103 – 21 .
   Web of Science ®Google Scholar
• Collins , D and Kothari , SP . 1989 . An analysis of intertemporal and cross-sectional determinants of earnings response coefficients . Journal of Accounting and Economics , 11 : 143 – 81 .
   Web of Science ®Google Scholar
• DeFond , ML and Hung , M . 2004 . Investor protection and corporate governance: evidence from worldwide CEO turnover . Journal of Accounting Research , 42 : 269 – 312 .
   Web of Science ®Google Scholar
• Douthett , EB Jr and Jung , K . 2001 . Japanese corporate groupings (keiretsu) and the informativeness of earnings . Journal of International Financial Management and Accounting , 12 : 133 – 59 .
   Google Scholar
• Fan , JPH and Wong , TJ . 2002 . Corporate ownership structure and the infomativeness of accounting earnings in East Asia . Journal of Accounting and Economics , 33 : 401 – 25 .
   Web of Science ®Google Scholar
• Gabrielsen , G , Gramlich , JD and Plenborg , T . 2002 . Managerial ownership, information content of earnings and discretionary accruals in non-US setting . Journal of Business Finance and Accounting , 29 : 967 – 88 .
   Google Scholar
• Glaeser , E , Johnson , S and Shleifer , A . 2001 . Coase versus the Coasians . Quarterly Journal of Economics , 116 : 853 – 99 .
   Web of Science ®Google Scholar
• Gornik-Tomaszewski , S and Jermakowicz , E . 2001 . Accounting-based valuation of Polish listed companies . Journal of International Financial Management and Accounting , 12 : 50 – 74 .
   Google Scholar
• Grosfeld , I and Tressel , T . 2002 . Competition and ownership structure: substitutes or complements? Evidence from the Warsaw Stock Exchange . Economics of Transition , 10 : 525 – 51 .
   Web of Science ®Google Scholar
• Gul , FA and Wah , LK . 2002 . Insider entrenchment board leadership structure and informativeness of earnings, City University of Hong Kong Working Paper
   Google Scholar
• Himmelberg , CP , Hubbard , RG and Palia , D . 1999 . Understanding the determinants of managerial ownership and the link between ownership and performance . Journal of Financial Economics , 53 : 353 – 84 .
   Web of Science ®Google Scholar
• Jensen , MC and Meckling , WH . 1976 . Theory of the firm: managerial behavior, agency costs and ownership structure . Journal of Financial Economics , 3 : 305 – 60 .
   Web of Science ®Google Scholar
• Jermakowicz , E and Gornik-Tomaszewski , S . 1998 . Information content of earnings in the emerging capital market: evidence from the Warsaw Stock Exchange . Multinational Finance Journal , 2 : 245 – 67 .
   Google Scholar
• Jindrichovska , I and McLeay , S . 2005 . Accounting for good news and accounting for bad news: some empirical evidence from the Czech Republic . European Accounting Review , 14 : 1 – 21 .
   Google Scholar
• Jung , K and Kwon , SY . 2002 . Ownership structure and earnings informativeness: evidence from Korean . International Journal of Accounting , 37 : 301 – 25 .
   Google Scholar
• Klapper , L , Laeven , L and Love , I . 2006 . Corporate governance provisions and firm ownership: firm-level evidence from Eastern Europe . Journal of International Money and Finance , 25 : 429 – 44 .
   Web of Science ®Google Scholar
• Lang , M , Raedy , JS and Yetman , MH . 2003 . How representative are firms that are cross-listed in the United States? An analysis of accounting quality . Journal of Accounting Research , 41 : 363 – 86 .
   Web of Science ®Google Scholar
• La Porta , R , Lopez-de-Silanes , F , Shleifer , A and Vishny , R . 1997 . Legal determinants of external finance . Journal of Finance , 52 : 1131 – 50 .
   Web of Science ®Google Scholar
• La Porta , R , Lopez-de-Silanes , F , Shleifer , A and Vishny , R . 1998 . Law and finance . Journal of Political Economy , 106 : 1113 – 55 .
   Web of Science ®Google Scholar
• Leuz , Ch , Nanda , D and Wysocki , PD . 2003 . Earnings management and investor protection: an international comparison . Journal of Financial Economics , 69 : 505 – 27 .
   Web of Science ®Google Scholar
• Lev , B . 1989 . On the usefulness of earnings and earnings research: lessons and directions from two decades of empirical research . Journal of Accounting Research , 27 : 153 – 92 .
   Web of Science ®Google Scholar
• Lins , KV . 2003 . Equity ownership and firm value in emerging markets . Journal of Financial and Quantitative Analysis , 38 : 159 – 85 .
   Web of Science ®Google Scholar
• Liu , Q and Lu , Z . 2004 . Earnings management to tunnel: evidence from China's listed companies University of Hong Kong Working Paper, No. 1039, Hong Kong
   Google Scholar
• Maug , E . 1998 . Large shareholders as monitors: is there a trade-off between liquidity and control? . Journal of Finance , 53 : 65 – 98 .
   Web of Science ®Google Scholar
• Morck , R , Shleifer , A and Vishny , RW . 1988 . Management ownership and market valuation: an empirical analysis . Journal of Financial Economics , 20 : 293 – 315 .
   Web of Science ®Google Scholar
• Pistor , K , Raiser , M and Gelfer , S . 2000 . Law and finance in transition economies . Economics of Transition , 8 : 325 – 68 .
   Web of Science ®Google Scholar
• Puntillo , R , Ispen , D and Dietrich , M . 1996 . Poland's mass privatization program . European Journal of Finance , 2 : 41 – 55 .
   Google Scholar
• Shleifer , A and Vishny , RW . 1986 . Large shareholders and corporate control . Journal of Political Economy , 94 : 461 – 88 .
   Web of Science ®Google Scholar
• Sweeney , AP . 1994 . Debt-covenant violations and managers accounting responses . Journal of Accounting and Economics , 17 : 281 – 308 .
   Web of Science ®Google Scholar
• Teoh , SW and Wong , TJ . 1993 . Perceived auditor quality and the earnings response coefficient . Accounting Review , 68 : 346 – 66 .
   Web of Science ®Google Scholar
• Trojanowski , G . 2008 . Equity block transfers in transition economies: evidence from Poland . Economic Systems , 32 : 217 – 38 .
   Google Scholar
• Vafeas , N . 2000 . Board structure and the informativeness of earnings . Journal of Accounting and Public Policy , 19 : 139 – 60 .
   Google Scholar
• Wang , Y , Chen , SK , Lin , B-X and Wu , L . 2008 . The frequency and magnitude of earnings management in China . Applied Economics , 40 : 3213 – 25 .
   Web of Science ®Google Scholar
• Warfield , TD , Wild , JJ and Wild , KL . 1995 . Managerial ownership, accounting choices, and informativeness of earnings . Journal of Accounting and Economics , 20 : 61 – 91 .
   Web of Science ®Google Scholar
• Watts , RL and Zimmerman , JL . 1978 . Towards a positive theory of the determination of accounting standards . Accounting Review , 53 : 112 – 34 .
   Web of Science ®Google Scholar
• Yeo , GHH , Tan , PMS , Ho , KW and Chen , S-S . 2002 . Corporate ownership structure and the informativeness of earnings . Journal of Business Finance and Accounting , 29 : 1023 – 46 .
   Google Scholar
• Zmijewski , M and Hagerman , R . 1981 . An income strategy approach to the positive theory of accounting standard setting/choice . Journal of Accounting and Economics , 3 : 129 – 49 .
   Google Scholar