Next Article in Journal
Land Governance Re-Arrangements: The One-Country One-System (OCOS) Versus One-Country Two-System (OCTS) Approach
Previous Article in Journal
Managing Restaurant Attributes for Destination Satisfaction: What Goes beyond Food?
Article Menu
Issue 1 (March) cover image

Export Article

Open AccessArticle
Adm. Sci. 2019, 9(1), 20;

What Form of Visibility Affects Earnings Management? Evidence from Italian Family and Non-Family Firms

Department of Economics, University of Insubria, 21100 Varese, Italy
Department of Economics and Management, University of Pavia, 27100 Pavia, Italy
Author to whom correspondence should be addressed.
These authors contributed equally to this work.
Received: 7 January 2019 / Revised: 22 February 2019 / Accepted: 27 February 2019 / Published: 5 March 2019
PDF [245 KB, uploaded 5 March 2019]


This paper addresses the issue of financial communication quality by studying the determinants of earnings management practices in family and non-family businesses. Previous literature has highlighted the effect of a company’s size, as a form of visibility, on earnings management practices. This study focuses on the analysis of the relationship between different forms of visibility—exposure to financial press, proximity to the consumer, size of assets, sales and firm age—and earnings quality. The results show that the forms of visibility taken into consideration have a different effect on earnings management practices. Furthermore, they show that family businesses are less likely to resort to these unethical practices, especially in the presence of financial press exposure and proximity of the business to the consumer. View Full-Text
Keywords: earnings management; family firms; visibility earnings management; family firms; visibility
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited (CC BY 4.0).

Share & Cite This Article

MDPI and ACS Style

Gavana, G.; Gottardo, P.; Moisello, A.M. What Form of Visibility Affects Earnings Management? Evidence from Italian Family and Non-Family Firms. Adm. Sci. 2019, 9, 20.

Show more citation formats Show less citations formats

Note that from the first issue of 2016, MDPI journals use article numbers instead of page numbers. See further details here.

Related Articles

Article Metrics

Article Access Statistics



[Return to top]
Adm. Sci. EISSN 2076-3387 Published by MDPI AG, Basel, Switzerland RSS E-Mail Table of Contents Alert
Back to Top