000			01712cam a2200277 4500500
005			20250112061123.0
041			_afre
042			_adc
100	1	0	_aAziz Djibrilla, Abdoul _eauthor
245	0	0	_aPro-forma earnings accuracy and manager opportunism: A study of SBF 120 companies
260			_c2021.
500			_a61
520			_aIn their earnings releases, many companies make adjustments to their GAAP earnings, resulting in pro-forma earnings. These adjustments are a way for managers to provide investors with more accurate performance indicators, but managers can also use them opportunistically. This study aims to determine whether managerial opportunism affects the accuracy of pro-forma earnings. More specifically, we aim to examine the effect of executive compensation based on short- and long-term performance as well as board independence on the accuracy of pro-forma earnings. According to the results of our tests, these three parameters have no effect on the accuracy of pro-forma earnings. Our study does not therefore support the idea that opportunism plays a part in the publication of pro-forma results, but rather that such declarations are made for informational reasons.
690			_aquality
690			_apro-forma earnings
690			_aGAAP earnings
690			_aopportunism
690			_apro-forma adjustments
690			_aquality
690			_apro forma earnings
690			_aGAAP earnings
690			_aopportunism
690			_aproforma adjustments
786	0		_nLa Revue des Sciences de Gestion | o 307-308 | 1 | 2021-08-20 | p. 117-125 | 1160-7742
856	4	1	_uhttps://shs.cairn.info/journal-revue-des-sciences-de-gestion-2021-1-page-117?lang=en
999			_c225627 _d225627