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Fig 1.

Theoretical framework.

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Table 1.

Distribution of sample firms.

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Table 1 Expand

Table 2.

Descriptive statistics of 2018.

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Table 3.

Descriptive statistics of 2019.

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Table 4.

Descriptive statistics of 2020.

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Table 5.

Correlation table for accrual quality in 2018.

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Table 5 Expand

Table 6.

Correlation table for accrual quality in 2019.

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Table 6 Expand

Table 7.

Correlation table for accrual quality in 2020.

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Table 7 Expand

Table 8.

Stepwise regression for accrual quality in 2018.

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Table 8 Expand

Table 9.

Stepwise regression for accrual quality in 2019.

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Table 9 Expand

Table 10.

Stepwise regression for accrual quality in 2020.

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Table 10 Expand

Table 11.

Correlation table for earnings smoothness in 2018.

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Table 11 Expand

Table 12.

Correlation table for earnings smoothness in 2019.

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Table 12 Expand

Table 13.

Correlation table for earnings smoothness in 2020.

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Table 14.

Stepwise regression for earnings smoothness in 2018.

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Table 15.

Stepwise regression for earnings smoothness in 2019.

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Table 16.

Stepwise regression for earnings smoothness in 2020.

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Table 17.

Summary of hypotheses.

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Table 17 Expand