In view of the rising concern over the quality of financial reporting by the Indian commercial especially after a series of commercial scams in the recent times, this study is motivated in the hunt of various earnings management practices of the listed Indian enterprises that have an important bearing on the quality of financial reporting by the Indian commercial. Presumably similar earnings management practices have also some part in recent commercial scams. Although it cannot be denied that earnings management has an important part to play on the quality of financial reporting of Indian enterprises and on public perception about enterprises, yet there are no substantial empirical studies in India on the issue. Either, there's a severe dearth of the theoretical and empirical literature on the issue in developing nations. The present study intends to contribute towards the literature on the earnings management especially the real earnings management in the Indian listed enterprises. In terms of the impact of macroeconomic terrain, the study examines whether there has been a change in the earnings management behaviour of the Indian listed enterprises during the Global Financial Crisis of 2008 vis- à- vis the non-crisis period. By examining the relationship between the earnings management in enterprises and its future performance, the study intends to understand whether earnings management signals future prospects of the establishment to outlanders or help directors to make private earnings by rehearsing opportunistic earnings management. fastening on the real earnings management- considered to be more value mischievous for the establishment than accrual management- the study explores the part of directorial capability towards confining REM in enterprises. The findings of the study might give significant information to investors, controllers, board of directors and other stakeholders for effective decision- making in commercial.

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Keywords: Earnings, Management, Investor’s, Regulator, Financial, Accrual, Regulations, Firm’s.