Paper of IIMB doctoral student Velavan S awarded First Best Paper at Management Doctoral Colloquium hosted by IIM Visakhapatnam

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 9th and 10th, 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.