Earnings Management Erodes Shareholder Value

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Earnings Management Erodes Shareholder Value
Frank Aghahowa, Accountant, Nigeria

The phenomenal called earnings management or creative accounting has led to the failure of numerous companies world over. Various governments shoud put in place appropriate legislation to culb the menace. The real owners of companies (i.e. shareholders) are having their worths being eroded by the day due to the activities of the very view privileged.



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