Abstract
This study examines the relationship between meeting earnings benchmarks and regional factors related to the hospitality industry. Our hypothesis assumes that the tourist flow in which a hotel is located influences the hotel’s performance, but it is not the same for all firms. Specifically, firms meeting earnings benchmarks, when it is documented that managers have strong incentives to engage in earnings management strategy, present a different relationship with regional tourist flow. The evidence suggests that regional tourist flow is associated with the corporate performance of firms but that there is an inflexion point for firms meeting earnings benchmarks.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
