رابطه بین حاکمیت شرکتی و مدیریت سود
محورهای موضوعی : مدیریت بازرگانی
هاشم نیکومرام
1
(استاد گروه مدیریت واحد علوم و تحقیقات تهران،دانشگاه آزاد اسلامی، تهران ،ایران)
حیدر محمدزاده سالطه
2
(دانش آموخته دوره دکتری حسابداری گروه مدیریت واحد علوم و تحقیقات تهران،دانشگاه آزاد اسلامی، تهران ،ایران)
کلید واژه: مدیریت سود, توانایی حاکمیت شرکتی, کفایت حاکمیت شرکت,
چکیده مقاله :
هدف این پژوهش، بررسی رابطه بین ابعاد حاکمیت شرکتی و مدیریت سود در شرکتهای پذیرفته شده در بورس اوراق بهادار تهران طی سالهای 1386-1381 می باشد. با روش نمونه گیری حذفی و با اعمال شرایط انتخاب نمونه، تعداد 40 شرکت بعنوان نمونه آماری انتخاب گردید. نتایج آزمون تفاوت میانگین نشان داد که : 1- شرکتهایی که دارای حاکمیت شرکتی کافی بوده اند ( خواه اینکه دارای حاکمیت شرکتی قوی یا ضعیف باشند) اقلام تعهدی اختیاری کمتری دارند یعنی در اینگونه شرکتها، مدیریت سود کمتر اتفاق می افتد. 2- شرکتهایی که دارای حاکمیت شرکتی کافی می باشند، در سطوح یکسان توانایی حاکمیت شرکتی نیز دارای اقلام تعهدی اختیاری کمتری هستند. 3- شرکتهای با حاکمیت شرکتی ضعیف نسبت به شرکتهای با حاکمیت شرکتی قوی، لزوما اقلام تعهدی اختیاری بیشتری ندارند. بطور کلی، نتایج بیانگر آنست که کفایت حاکمیت شرکتی، نسبت به توانایی حاکمیت شرکتی با مدیریت سود ارتباط معناداری دارد. بدین ترتیب نتایج گویای این مطلب است که کفایت حاکمیت شرکتی یکی از عوامل تعیین کننده موثر بر مدیریت سود است.
This study aims to investigate the relationship between corporate governance dimensions and earnings management in Tehran Stock Eechange over 2002-2007. We have selected 40 companies as the research sample after applying samplying techniques and deleting some companies. The results of the mean difference test showed that discretionary accruals are lower for the firms that had good performance in the past regardless of whether the corporate governance levels were strong or weak .We also found that discretionary accruals are lower for such firms after controlling the strength of corporate governance. Furthermore, we found that firms with weak governance may not necessarily have low discretionary accruals compared to the firms with strong governance. On the whole, the results support the conclusion that it is the adequacy rather than the strength of corporate governance that is associated with discretionary accruals. Thus, the results show that the adequacy of corporcete governance has a significant correlation with earnings management.
Aghai, M. A. (2010). Investigating the Relationship between Corporate Governance and Earnings Management in Companies Accepted in Tehran Stock Exchange. Accounting Research, 4, (In Persian).
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Hassas Yeganeh, Y. (2006). Corporate Governance in Iran. Auditor, 22, (In Persian).
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Mohammadzadeh Saleteh, H. (2010). A Model for Explaining the Relationship Between Corporate Governance and Earning Quality. PhD Thesis, Tehran: Islamic Azad University of Science and Research Branch of Tehran, , (In Persian).
Pourheydari, O. (2004). Investigating the Effect of Debt Contracts, Political Expenses, Rewards and Ownership Plans on the Profit Management in Companies Accepted in Tehran Stock Exchange. Accounting and Auditing Reviews, 36, 47- 63, (In Persian).
Rahbari Kharazi, M. (2006). Corporate Principles of the Organization for Economic Co-operation and Development (OECD). Tehran”Information Exchange Agency, (In Persian).
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Aghai, M. A. (2010). Investigating the Relationship between Corporate Governance and Earnings Management in Companies Accepted in Tehran Stock Exchange. Accounting Research, 4, (In Persian).
De Angelo, L.E. (1988)," Managerial competition, costs and Corporate governance: The use of accounting performance measures in proxy contests", Journal of Accounting and Economics, 10:3-36.
Dechow, P., Sloan, R and Sweeney, A.(1996),"Causes and Consequences of Earning Manipulation: An Analysis of Firms Subject to Enforcement Actions by the SEC" ,Contemporary Accounting Research, 13:1-36.
Hassas Yeganeh, Y. (2006). Corporate Governance in Iran. Auditor, 22, (In Persian).
Khedmati Hampa, H. (2009). Investigating the Relationship between Corporate Governance and Earning Smoothing in Companies Listed in Tehran Stock Exchange. Master's Thesis, Tabriz: Islamic Azad University, (In Persian).
Mashayekhi, B. (2007), Characteristics and firms Board of director discretionary accruals management: The case of Iran, Fifth international Business Research Conference, Dubai, United Arab Emirates.
Mashayekh, Sh. (2006). Investigating the Relationship between the Quality of Profit and some Aspects of the Principles of Governance in Companies Admitted to the Tehran Stock Exchange. Accounting and auditing reviews, 45, p. 25- 44, (In Persian).
Mehrani, S. (2009). Investigating the Effects of Free Cash Flows and Institutional Owners on the Profit Management in Companies Acquired in Tehran Stock Exchange. Accounting Research, 2, 50 - 71, (In Persian).
Mohammadzadeh Saleteh, H. (2010). A Model for Explaining the Relationship Between Corporate Governance and Earning Quality. PhD Thesis, Tehran: Islamic Azad University of Science and Research Branch of Tehran, , (In Persian).
Pourheydari, O. (2004). Investigating the Effect of Debt Contracts, Political Expenses, Rewards and Ownership Plans on the Profit Management in Companies Accepted in Tehran Stock Exchange. Accounting and Auditing Reviews, 36, 47- 63, (In Persian).
Rahbari Kharazi, M. (2006). Corporate Principles of the Organization for Economic Co-operation and Development (OECD). Tehran”Information Exchange Agency, (In Persian).
