The paper titled: ‘Do firms that emit more Greenhouse gases engage in real earnings management?’ was among 207 submissions, out of which 50 papers were selected for presentation
13 December, 2021, Bengaluru: A paper titled, ‘Do firms that emit more Greenhouse gases engage in real earnings management?’, authored by Velavan S, IIMB Doctoral student of the Finance and Accounting area, has been awarded the First Best Paper at the First Annual Management Doctoral Colloquium (MDC) ‘Shodh Samagam’ hosted by IIM Visakhapatnam, on December 09 and 10, 2021.
The paper is the second essay of his thesis. Using a hand-matched plant level Greenhouse gases emissions data of US Public firms, he studies the relationship between Greenhouse gases emissions and the real earnings management behavior of the firms in the paper. The study finds that Greenhouse gases emissions are positively associated with all the three major types of real earnings management activities. They have abnormally higher production, abnormally lower discretionary expenses, and abnormally lower cash flow from operations.
There were 207 submissions in total and 50 papers were selected for presentation during the two-day virtual event, across various areas in Management, such as, Finance and Accounting, Strategy, Marketing, Operations, Human Resource, Supply Chain, etc. The presenters were Doctoral students, mostly from the IIMs and IITs. IIMV awarded the top three best papers with Certificate of Appreciation and cash prizes, to promote a quality research culture and encourage the participants.
The colloquium also had sessions on Qualitative Research by Prof. Mukta Kulkarni of the Organizational Behavior & Human Resources Management area at IIMB.
Velavan S thanks his Dissertation Advisory Committee (DAC) members Prof. Srinivasan Rangan and Prof. V Ravi Anshuman of the Finance and Accounting area and Prof. Arnab Mukherji of the Public Policy area, for their guidance and support for helping him achieve this feat.
Congratulating Velavan on his achievement, Prof. Haritha Saranga, Chairperson, Doctor of Philosophy and faculty in the Production & Operations Management area of IIMB, said: “This is commendable work and I look forward to seeing this paper published in top-tier journals in your field. I am glad that you are setting a good example for your colleagues to follow.”