La actividad económica real y la información contable en las empresas españolas del sector de la construcción

Real economic activity and accounting information in Spanish construction and real estate firms

  • Antonia Madrid Guijarro
  • Juan Carlos Navarro-García
Palabras clave: Real economic activity, GDP, Housing prices, Earnings management, Construction and real estate firms

Resumen

The aim of this work is to determine whether the accounting information provided by construction and real estate firms in Spain reflects the real economic activity, during upswings and downturns. A relationship is found between economic conditions and financial reporting in a continental European country such as Spain. Although there is a relationship between real housing price growth and financial accounting measures, real estate companies seem to show an artificial position, since they only present a relationship with Return on Assets (ROA) based on low quality income (accruals). Therefore, a different financial position influences a different behaviour in these two similar sectors. In fact, some signs alerting of possible risk in real estate firms are shown.

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Biografía del autor/a

Antonia Madrid Guijarro

AssociateProfessor

C/. Real nº3, 30201
Cartagena
Murcia
30201
SPAIN

Juan Carlos Navarro-García

 

 

Citas

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Publicado
01-01-2016
Cómo citar
Madrid Guijarro, A., & Navarro-García, J. C. (2016). La actividad económica real y la información contable en las empresas españolas del sector de la construcción. Revista De Contabilidad - Spanish Accounting Review, 19(1), 21-30. https://doi.org/10.1016/j.rcsar.2014.10.002
Sección
Artículos