由過去文獻可知，管理能力之間的差異會影響績效表現，而能力較佳的經理人會取得較好的經營績效。除了經理人能力的影響外，績效目標也可藉由盈餘管理達成。本研究以日本東京證券交易所上市公司為研究對象，探討經理人能力與盈餘管理兩者之間的關聯。研究結果顯示，當經理人能力愈高，企業盈餘管理的程度則愈低。本研究更進一步以低獲利企業及中位數迴歸分析，發現經理人能力與盈餘管理之關聯不因獲利較低而受影響，而當使用中位數迴歸分析時，實證結果不變。

The literature documents that managerial ability will affect performance of the firm. Managers with better abilities usually achieve higher performances. Meanwhile, managements can also achieve performance objectives through earnings management. This study examines the association between managerial ability and earnings management. The results show that the firm with managerial ability is negatively associated with earnings management. The results remain the same when control for small profit. The results are also the same when estimated using median regression.

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