آمار
| تعداد نشریات | 50 |
| تعداد شمارهها | 2,232 |
| تعداد مقالات | 20,476 |
| تعداد مشاهده مقاله | 25,267,819 |
| تعداد دریافت فایل اصل مقاله | 22,921,833 |
A Comparative Study of the Relationship between Real Earnings Management and Earnings Management Based on Accruals to Achieve an Average Profitability | ||
| International Journal of Finance & Managerial Accounting | ||
| مقاله 5، دوره 2، شماره 7، دی 2017، صفحه 43-51 اصل مقاله (613.68 K) | ||
| نوع مقاله: Original Article | ||
| نویسندگان | ||
H. Rezaei Lashkjany1؛ Mahmoud Samadi Largani  2
| ||
| 1M.A Student of Accounting, Islamic Azad University, Rasht Branch, Rasht, Iran | ||
| 2Assistant Professor, Department of Accounting, Islamic Azad University, Tonekabon Branch, Tonekabon, Iran (Corresponding author) | ||
| چکیده | ||
| This research aimed to study the behavior of real earnings management and earnings management based on accruals to achieve an average profitability of listed companies in Tehran Stock Exchange. In this study, we focus on the optional operating cash flow, optional cost and production cost as real earnings management representatives as well as discretionary accruals as an earnings management accounting representative. The sample consisted of 84 companies out of 454 companies listed in Tehran Stock Exchange during the period 2011-2016. Multiple regression and combined data and GLS models (generalized least squares) were used to analyze the data. The results show that there is a significant relationship between real earnings management and earnings management based on accruals to achieve an average profitability of stock companies. There is also a positive and significant relationship between accrual-based earnings management and average profitability, a positive and significant relationship between real earnings management activities (production costs and cash flow from operations) and average profitability. Finally, there is a significant negative relationship between real earnings management (discretionary spending) and average profitability | ||
| کلیدواژهها | ||
| Real Earnings Management؛ earnings management؛ accruals؛ Average Profitability | ||
| مراجع | ||
|
1) Ahangari, A, Shakeri, A, (2009), "The impact of earnings management on the relevance of earnings and book value to market value of shares of companies listed on the Tehran Stock Exchange",
2) Ahmadpour, Ahmad, Shahsavari, Masoumeh, (2016), Earnings management and the effect of earnings quality in relation to bankruptcy level (Firms listed at the Tehran stock exchange), Iranian Journal of Management Studies (IJMS), Vol. 9, No.1, Junuary 2016, pp 77-99. In Persian
3) Bergstresser, D., Philippon, T., (2006) "CEO incentives and earnings management". Journal of Financial Economics. 80, PP 511–529.
4) Etemadi, H, Momeni, M, Farajzadeh, H, (2012), "Earnings management, how to affect the Earnings quality?" Research of Financial Accounting.
5) Fields, D., Lys, Z., & Vincent, L. (2001): Empirical Research on Accounting Choice, Journal of Accounting and Economics, 31: 255-307.
6) Francis, Jennifer, LaFond, Ryan, Olsson, Per, Katherine, Schipper, (2005), The market pricing of accruals quality, Journal of Accounting and Economics, Volume 39, Issue 2, June 2005, Pages 295-327,
7) Gordon, M, (1964), "Postulates, Principles, and Research in Accounting", the Accounting Review, 39, 2 (April).
8) Graham, J., C. Harvey, and S. Rajgopal. (2005), "The Economic Implications of Corporate Financial Reporting". Journal of Accounting and Economics 40 (1–3): 3–73.
9) Gunny, Katherine, (2009), The Relation between Earnings Management Using Real Activities Manipulation and Future Performance: Evidence from Meeting Earnings Benchmarks, Available at SSRN: https://ssrn.com/abstract=816025 or http://dx.doi.org/10.2139/ssrn.816025
10) Healy, P. M. & J. M. Wahlen. (1999). A Review of Earnings Management Literature and Its Implications for Standard Setting. Accounting Horizon 13 (4): 365-383.
11) Hepworth, S, (1953), "Smoothing Periodic Income", Accounting Review, 28, 1 (January) 32-39.
12) Khodadadi, V, JanJani, R, (2011) "The relationship between the management and profitability of listed companies in Tehran Stock Exchange", Research of Financial Accounting, Volume 3, Issue 1, pp 77-95. In Persian.
13) Mahdavi, M, Zare HoseinAbadi, A, (2011), "Determine the relationship between earnings forecast errors and total accruals listed companies in Tehran Stock Exchange", The Stock Exchange, Volume 4, Issue 16, pp 57-78. In Persian.
14) Markarian, G. and J. Santalo´ (2014), ‘Product Market Competition, Information and Earnings Management’, Journal of Business Finance and Accounting, Vol. 41, Nos. 5-6, pp. 572-599.
15) Markaryan, S. E., Snetkova, T. A., & Khairullina, D. V. (2014). Administrative aspects of accounting organization. Russian experience and problems. Life Science Journal, 11(8), 107-111.
16) Mc Nichols, M, Wilson, P. (1998), "Evidence of Earnings Management from the provision for bad-debts", Journal of Accounting Research, Vol. 26, PP. 1-31.
17) McVay, S. E. (2006). Earnings Management Using Classification Shifting: An Examination of Core Earnings and Special Items. The Accounting Review 81 (3): 501-531.
18) Mojtahedzadeh, Vida, Valizadeh Larijani, Azam, (2010), "The relationship between earnings management and future returns on assets and future operating cash flows", Accounting and Auditing Research, in Persian.
19) Roychowdhury, Sugata, (2006), "Earnings Management through Real Activities Manipulation", Journal of Accounting and Economics, Volume 42, Issue 3, December 2006, Pages 335–370
20) Schipper, K. (1989): Earnings Management, Accounting Horizons; 3(4): 91.
21) Scott, William R. 2003. Financial Accounting Theory. Third edition. Upper Saddle River, NJ: Prentice Hall.
22) Shi, Guifeng, Sun, Jianfei, Luo, Rui, (2015), Geographic dispersion and earnings management, Journal of Accounting and Public Policy, Volume 34, Issue 5, September–October 2015, Pages 490-508.
23) Suda, K. and H. Hanaeda (2008), ‘Corporate Financial Reporting Strategy: Survey Evidence from Japanese Firms’, Securities Analysts Journal, Vol. 46, No. 5, pp. 51-69.
24) Teoh, S., Welch, I., Wong, T., (1998). "Earnings management and the long-run underperformance of initial public offerings". Journal of Finance 53, 1935–1974
25) Wu, Emely, (2016), Classification shifting as an earnings management tool among European firms, Master’s thesis, Faculty School of Economics, Erasmus University of Rotterdam.
26) Yamaguchi, Tomoyasu, (2015), Real and Accrual-Based Earnings Management to Achieve Industry Average Profitability: Empirical Evidence from Japan.
27) Zhang, X., (2007) "Accruals, investment, and the accrual anomaly", The Accounting Review, 82, pp 1333–1363 | ||
|
آمار تعداد مشاهده مقاله: 228 تعداد دریافت فایل اصل مقاله: 309 |
||
