The future role of the Dutch housing corporations

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2013-06

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en

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Housing corporations are an important actor in the Dutch housing market. A parliamentary investigation showed there were a lot of incidents within the housing corporations. In this thesis I examine what the current role of the housing corporations is in the Dutch housing market and I question whether a case can be made for its privileged position based on the level of earnings management. To answer this question I use OLS regression analysis and I examine the 2011 annual reports of the housing corporations. The regression is based on financial information of 2011 provided by the Orbis database. The outcome is of this study is that housing corporations engage less in real based earnings management than purely market based firms

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Faculteit der Managementwetenschappen