Deakin University
Browse

File(s) under permanent embargo

Property portfolio composition and earnings management for listed property portfolios

Version 2 2024-06-17, 15:46
Version 1 2015-09-28, 15:29
journal contribution
posted on 2024-06-17, 15:46 authored by J Liang, D Zhi
In this paper, we investigate how real estate portfolio composition impacts earnings management (EM) of New Zealand listed property portfolios (NZ-LPPs). We employ a panel dataset containing accounting and property data for NZ-LPPs. The findings include: (1) the office property ratio of the real estate portfolio provides the highest incentive for LPPs to engage in EM; (2) LPPs with a higher ratio of industry are less likely to use accrual EM and real EM approaches based on property transactions; and (3) LPPs with a hospital focus prefer accrual EM, while LPPs with a retail focus prefer long-term accrual EM and sales manipulation.

History

Journal

Journal of real estate portfolio management

Volume

20

Season

May-August

Pagination

111-124

Location

Clemson, S.C.

ISSN

1083-5547

Language

eng

Publication classification

C Journal article, C1.1 Refereed article in a scholarly journal

Copyright notice

2014, American Real Estate Society

Issue

2

Publisher

American Real Estate Society