Earnings Management in the hospitality industry: A systematic literature review

This paper aims to discuss the impact of Earnings Management (EM) practices in the hospitality industry and identify research gaps to be investigated in future research. The methodology is based on a systematic literature review (SLR), including 15 academic papers in the final sample, published from...

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Main Authors: Beatriz Gonçalves, Luís Serra Coelho, Patrícia Pinto
Format: Article
Language:English
Published: University of Algarve, ESGHT/CINTURS 2024-01-01
Series:Tourism & Management Studies
Subjects:
Online Access:https://www.tmstudies.net/index.php/ectms/article/view/2112
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author Beatriz Gonçalves
Luís Serra Coelho
Patrícia Pinto
author_facet Beatriz Gonçalves
Luís Serra Coelho
Patrícia Pinto
author_sort Beatriz Gonçalves
collection DOAJ
description This paper aims to discuss the impact of Earnings Management (EM) practices in the hospitality industry and identify research gaps to be investigated in future research. The methodology is based on a systematic literature review (SLR), including 15 academic papers in the final sample, published from 2004 to 2021. There is clear evidence of EM practices in the hospitality industry, which are implemented through different techniques. Yet, several research gaps still persist. For instance, little is known about the EM behaviour of multinational hotel chains or private Small and Medium-sized Enterprises (SMEs), and we still do not know how such opportunistic behaviour is impacted by different variables. The recent COVID-19 pandemic also offers interesting future research opportunities. Despite the earnings management topic being widely explored in the literature, this SLR shows that the investigation of EM within the hospitality industry is very scarce. Nevertheless, since EM reduces the quality of financial reporting, these practices are a problem for investors, auditors, regulators and other stakeholders, who must rely on earnings disclosure to make decisions, which justifies the importance of its study.
format Article
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institution Kabale University
issn 2182-8466
language English
publishDate 2024-01-01
publisher University of Algarve, ESGHT/CINTURS
record_format Article
series Tourism & Management Studies
spelling doaj-art-73a3e7ded17f4633ae207e588023340f2025-08-20T03:33:50ZengUniversity of Algarve, ESGHT/CINTURSTourism & Management Studies2182-84662024-01-012016577Earnings Management in the hospitality industry: A systematic literature review Beatriz Gonçalves0Luís Serra Coelho 1Patrícia Pinto 2University of Algarve - School of Economics University of Algarve - School of EconomicsUniversity of Algarve - School of EconomicsThis paper aims to discuss the impact of Earnings Management (EM) practices in the hospitality industry and identify research gaps to be investigated in future research. The methodology is based on a systematic literature review (SLR), including 15 academic papers in the final sample, published from 2004 to 2021. There is clear evidence of EM practices in the hospitality industry, which are implemented through different techniques. Yet, several research gaps still persist. For instance, little is known about the EM behaviour of multinational hotel chains or private Small and Medium-sized Enterprises (SMEs), and we still do not know how such opportunistic behaviour is impacted by different variables. The recent COVID-19 pandemic also offers interesting future research opportunities. Despite the earnings management topic being widely explored in the literature, this SLR shows that the investigation of EM within the hospitality industry is very scarce. Nevertheless, since EM reduces the quality of financial reporting, these practices are a problem for investors, auditors, regulators and other stakeholders, who must rely on earnings disclosure to make decisions, which justifies the importance of its study.https://www.tmstudies.net/index.php/ectms/article/view/2112earnings managementsystematic literature reviewhospitality industry
spellingShingle Beatriz Gonçalves
Luís Serra Coelho
Patrícia Pinto
Earnings Management in the hospitality industry: A systematic literature review
Tourism & Management Studies
earnings management
systematic literature review
hospitality industry
title Earnings Management in the hospitality industry: A systematic literature review
title_full Earnings Management in the hospitality industry: A systematic literature review
title_fullStr Earnings Management in the hospitality industry: A systematic literature review
title_full_unstemmed Earnings Management in the hospitality industry: A systematic literature review
title_short Earnings Management in the hospitality industry: A systematic literature review
title_sort earnings management in the hospitality industry a systematic literature review
topic earnings management
systematic literature review
hospitality industry
url https://www.tmstudies.net/index.php/ectms/article/view/2112
work_keys_str_mv AT beatrizgoncalves earningsmanagementinthehospitalityindustryasystematicliteraturereview
AT luisserracoelho earningsmanagementinthehospitalityindustryasystematicliteraturereview
AT patriciapinto earningsmanagementinthehospitalityindustryasystematicliteraturereview