000164133 001__ 164133
000164133 005__ 20251121161352.0
000164133 0248_ $$2sideral$$a146271
000164133 037__ $$aART-2025-146271
000164133 041__ $$aeng
000164133 100__ $$aBernate-Valbuena M.
000164133 245__ $$aEarnings management indicators as predictors of bankruptcy in Spanish companies
000164133 260__ $$c2025
000164133 5060_ $$aAccess copy available to the general public$$fUnrestricted
000164133 5203_ $$aThis study examines whether earnings management indicators, which highlight unjustified variations in accounting items, can predict business bankruptcy. Using data from 179,559 Spanish firms, from 2009 to 2014, both traditional financial ratios and earnings management indicators were analyzed. Significant differences between failed and non-failed firms were observed years before bankruptcy. To ensure robustness, a test sample from a future period validated the findings. Logistic regression revealed that certain earnings management indicators, particularly a synthetic index combining multiple indicators, can predict bankruptcy. Such indexes could enhance bankruptcy prediction models, offering valuable insights for assessing financial health and potential risks in businesses.
000164133 540__ $$9info:eu-repo/semantics/openAccess$$aby-nc-sa$$uhttps://creativecommons.org/licenses/by-nc-sa/4.0/deed.es
000164133 655_4 $$ainfo:eu-repo/semantics/article$$vinfo:eu-repo/semantics/publishedVersion
000164133 700__ $$0(orcid)0000-0003-3044-4983$$aGutiérrez-Nieto B.$$uUniversidad de Zaragoza
000164133 7102_ $$14002$$2230$$aUniversidad de Zaragoza$$bDpto. Contabilidad y Finanzas$$cÁrea Economía Finan. y Contab.
000164133 773__ $$g(2025), [37 pp.]$$pDoc. trab. (Fac. Cienc. Econ. Empres. Univ. Zaragoza)$$tDocumentos de trabajo. (Universidad de Zaragoza. Facultad de Ciencias Económicas y Empresariales)$$x2171-6668
000164133 8564_ $$s2067738$$uhttps://zaguan.unizar.es/record/164133/files/texto_completo.pdf$$yVersión publicada
000164133 8564_ $$s1306707$$uhttps://zaguan.unizar.es/record/164133/files/texto_completo.jpg?subformat=icon$$xicon$$yVersión publicada
000164133 909CO $$ooai:zaguan.unizar.es:164133$$particulos$$pdriver
000164133 951__ $$a2025-11-21-14:27:10
000164133 980__ $$aARTICLE