In this study, we investigated the impact of whistleblowing framework on earnings management of Nigeria’s financial firms listed on the Nigerian Stock Exchange for the period of 2013–2017. This is necessitated by the increase in whistleblowing activities around the globe. With a sample of 50 firms operating in the financial institutions in Nigeria, we drew insights from the legitimacy theory to examine the effect of whistleblowing framework on earnings management. We developed whistleblowing index to measure whistleblowing framework and accounted for other determinants of whistleblowing framework like audit committee size, risk committee independence, audit committee independence, external audit size, board composition, firm size and international ownership. While earnings management was measured through discretionary accruals. We analysed the data using both content analysis and generalized method of moments. The findings empirically revealed that most Nigerian financial firms intensified efforts towards whistleblowing disclosure, which has a significant impact on the reduction of earnings management practices. This study’s findings call for clear responsibility and a strong drive for whistleblowing disclosure by corporate institutions in Nigeria and other emerging economies. The result of this study provides practical implication in the areas of business ethics, good governance and corporate transparency. The empirical approach used in this study emphasizes the need for corporate organizations to embrace whistleblowing practices and integrate whistleblowing information into their reporting cycle. The finding implies that non-compliance with whistleblowing reporting or disclosure by corporate organizations may have an adverse effect on corporate growth, corporate sustainability and corporate reputation in the long run. A major contribution of this study is the construction of a comprehensive whistleblowing index capable of guiding policy makers, managers and researchers in measuring their whistleblowing activities and reporting.

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举报框架会影响盈余管理吗？实证研究

在这项研究中，我们调查了举报框架对2013-2017年期间在尼日利亚证券交易所上市的尼日利亚金融公司的收益管理的影响。全球范围内举报活动的增加是必需的。我们以尼日利亚的金融机构中的50家公司为样本，从合法性理论中得出了见解，以研究举报框架对收益管理的影响。我们开发了举报指数以衡量举报框架，并考虑了举报框架的其他决定因素，例如审计委员会规模，风险委员会独立性，审计委员会独立性，外部审计规模，董事会组成，公司规模和国际所有权。盈余管理是通过酌情应计制衡量的。我们使用内容分析和广义矩方法对数据进行了分析。调查结果凭经验表明，大多数尼日利亚金融公司加大了举报披露力度，这对减少盈余管理做法具有重大影响。这项研究的发现要求在尼日利亚和其他新兴经济体中的公司机构明确责任，并大力推动举报披露。这项研究的结果在商业道德，良好治理和公司透明度方面具有实际意义。本研究中使用的经验方法强调了公司组织必须采用举报惯例并将举报信息整合到其报告周期中。该发现表明，从长远来看，不遵守公司组织举报或披露的信息可能对公司增长，公司可持续性和公司声誉产生不利影响。这项研究的主要贡献是构建了一个全面的举报指数，该指数能够指导决策者，管理人员和研究人员衡量举报活动和报告。