Effect of Environmental Social Governance (ESG) Performance and Fair Value Hierarchy on Earnings Management
ESGパフォーマンスと公正価値階層が利益調整に与える影響 (AI 翻訳)
Andesta Brilian Nelson, Annisaa Rahman
🤖 gxceed AI 要約
日本語
本研究は、ESGパフォーマンスと公正価値階層（レベル1〜3）が利益調整に与える影響を分析。2018〜2023年の非金融企業201社を対象に重回帰分析を実施。ESGは利益調整に対して有意な負の効果を示し、公正価値レベル1は負、レベル2・3は正の効果を持つことが判明。ESG開示と公正価値測定の質向上が利益調整抑制に寄与する。
English
This study analyzes the effect of ESG performance and fair value hierarchy (levels 1, 2, 3) on earnings management using a sample of 201 non-financial firms from 2018-2023. Results show ESG has a significant negative effect on earnings management, while fair value level 1 has a negative effect and levels 2 and 3 have positive effects. The findings imply that sustainability performance and fair value measurement play a strategic role in reducing earnings management.
Unofficial AI-generated summary based on the public title and abstract. Not an official translation.
📝 gxceed 編集解説 — Why this matters
日本のGX文脈において
本論文はESGスコアと会計上の公正価値測定を結びつけ、利益調整への影響を実証。日本でもESG開示の信頼性向上が求められる中、会計実務への示唆がある。ただし、日本企業に特化した分析ではないため、直接の政策連動は限定的。
In the global GX context
This paper links ESG performance with fair value accounting, showing how both affect earnings quality. Globally, it contributes to the debate on ESG disclosure reliability and the role of fair value in financial reporting. Relevant for investors and regulators concerned with corporate transparency and greenwashing risks.
👥 読者別の含意
🔬研究者:Provides empirical evidence on the interaction between ESG and fair value accounting in earnings management, useful for further research on disclosure quality.
🏢実務担当者:Highlights the need to consider fair value hierarchy levels when assessing ESG-driven earnings quality; useful for audit and internal control teams.
🏛政策担当者:Offers insights on how ESG disclosure standards (e.g., ISSB, SSBJ) interact with accounting standards; relevant for standard-setters.
📄 Abstract（原文）
This study aims to analyze the effect of ESG performance and fair value hierarchy level 1, 2 and 3 on earnings management. The sample used was 201 company observations consisting of non-financial companies that had ESG scores on refinitiv eikon in 2018-2023. The analysis method used is multiple linear regression. The results of this study show that in model 1 ESG has no significant effect on earnings management, while in the second model ESG has a significant negative effect on earnings management, so an additional test is conducted which shows that ESG has a significant negative effect on the two directional values (positive and negative) of earnings management. Then, fair value hierarchy level 1 has a significant negative effect on earnings management and fair value hierarchy level 2 and 3 have a significant positive effect on earnings management. These findings imply that sustainability performance and fair value measurement have a strategic role in reducing earnings management practices. This research contributes to improving the quality of financial reporting and ESG disclosure for companies.
🔗 Provenance — このレコードを発見したソース
- openaire https://doi.org/10.25273/jap.v14i2.22532first seen 2026-05-14 22:25:26
🔔 こうした論文の新着を逃したくない方は キーワードアラート に登録（無料・3キーワードまで）。
gxceed は公開メタデータに基づく研究支援データセットです。要約・翻訳・解説は AI 支援で生成されています。 最終的な解釈・検証は利用者が原典資料に基づいて行うことを前提とします。