Cardiff University | Prifysgol Caerdydd ORCA
Online Research @ Cardiff 
WelshClear Cookie - decide language by browser settings

Gambling culture and earnings management: a novel perspective

Alharbi, Samar, Atawnah, Nader, Ali, Muhammad Jahangir and Eshraghi, Arman ORCID: 2023. Gambling culture and earnings management: a novel perspective. International Review of Economics and Finance 86 10.1016/j.iref.2023.03.039
Item availability restricted.

[thumbnail of Manuscript IREF_Revised.pdf] PDF - Accepted Post-Print Version
Restricted to Repository staff only until 5 April 2024 due to copyright restrictions.

Download (1MB) | Request a copy


Do gambling preferences affect earnings management in a corporate context? We examine this potential link and find a positive and significant association between local gambling culture, as proxied by faith and firm-level earnings management. The results are robust to potential endogeneity tested through relocation of corporate headquarters and change regressions. We also show that the impact of local gambling preferences on earnings management is stronger when firms are more risk-taking as proxied by higher earnings volatility. Further, this positive association between gambling preferences and earnings management is mitigated by closer monitoring through institutional investors and takeover threats.

Item Type: Article
Date Type: Published Online
Status: Published
Schools: Business (Including Economics)
Subjects: H Social Sciences > HG Finance
Publisher: Elsevier
ISSN: 1059-0560
Date of First Compliant Deposit: 12 April 2023
Date of Acceptance: 31 March 2023
Last Modified: 04 May 2023 08:36

Citation Data

Cited 1 time in Scopus. View in Scopus. Powered By Scopus® Data

Actions (repository staff only)

Edit Item Edit Item


Downloads per month over past year

View more statistics