BibTex RIS Cite
Year 2015, Volume: 36 Issue: 3, 357 - 374, 13.05.2015

Abstract

References

  • Scott, William. (1391). Financial Accounting Theory. Translation: doctor Ali Parsaeian, Tehran: termeh Publications .
  • barazandeh Ahmadabadi Abbas. (1389). Earnings management incentives and economic consequences, Journal of Accounting Research, 8, from 30 to 35 and from 71 to 74.
  • Bazaz zadeh, hamidreza, Dehghan, Mansour. (1390). Cash flow from operations and earnings management: model test ks. Journal of Management Accounting, no.9.
  • Belkoui, Ahmad Riahi. (1381). Accounting Theory. Translation: Ali Parsaeian, Tehran: Cultural Research Publications.
  • bahar Moghaddam Mehdi, kouhi, Ali. (1389). Check the type of earnings management in firms listed in Tehran Stock Exchange. Journal of Accounting No. 2, from 75 to 93.
  • Pourheydari, amir, hemmati, davood (1385). Income smoothing motivations of firms listed in Tehran Stock Exchange, Review of Accounting and Auditing, No. 44, from 55 to 70.
  • Pourheydari, Amir; Hemmati, David. (1383). The effect of debt contracts, political costs, incentive plans and ownership interests on earning management in companies listed in Tehran Stock Exchange, accounting and auditing assessments, No. 26.
  • khoshtinat, Mohsen., Khani, Abdollah. (1382). Earnings management and reward managers for clarification of financial information, Journal of Accounting (3).
  • Hashemi, Seyed Abbas, Rabiey, Hamed. (1390). An overview of the theoretical foundations of earnings management. Journal of Accounting and Financial Management No. 7, from 6 to 22.
  • Hashemi, Syed Abbas, kamali,ehsan (1389). The effect of a gradual increase in financial leverage, the company's free cash flow and growth management firms listed in Tehran Stock Exchange, Journal of Accounting, No. 2, from 95 to 115.
  • Hashemi, Seyed Abbas, Moradi koopaey, Mehdi. (1390). Accounting and Financial Management Quarterly, No. 8, from 90 to 101.
  • Barton J and P (Simko.(2002). The balance sheet as an earnings management constraint.
  • Beildman C R (1973) Income Smoothing: The Role of Management. The Accounting Review October:653-667.
  • Belkoui،٬ A.R. (2004). "Accounting Theory". Thomson،٬ 5ed.
  • Butler Marty Andrew J.Lenone and Michael Willenborg. (2004).An empirical analysis of auditor reporting and its association with abnormal accruals. Journal of Accounting and Economics 37 2(June):139-165.
  • Chan, K., Chan, L.K., Jegadeesh, N. and Lakonishok, J. (2006), Earnings Quality and Stock Returns. Journal of Business, Vol. 79, No. 3, pp. 1041-1082.
  • Darrough N M Purjalali H Ond Saudogarans S (1998) “Earnings management In Japanese Companies” The international Journal Of Accounting Vol.33 No 3 PP 313-334
  • Davidson, S. Stickney, C. and Weil, R. L. (1987), Accounting: The language of business, T. Horton, Sun Lakes, Ariz.
  • Degeorge, F. Patel J. and Zeckhauser R. (1999). Earnings Management To Exceed Thresholds, Journal of Business, 72: 1-33.
  • Goel, A. and Thakor, A. (2003). “Why do firms smooth earnings?”. The Journal of Business, Jan.
  • Handom JRM.(1990).A test of the extended functional hypothesis the Accounting Review 65 740-763.
  • Healy, P. M. and Wahlen, J. M. (1998). A Review of the Earnings Management Literature and its Implications for Standard Setting (November 1998). Available at SSRN: http://ssrn.com/abstract=156445.
  • Jones,S.And Sharma,R,(2001) The Impact Of Free Cash Flow,Finance Leverage And Accounting Regulation On Earnings Management In Ausralia,Vol.27,No.12,PP.19-38.
  • Lo, K. (2008). Earnings management and earnings quality. Journal of Accounting and Economics, Vol. 45, Issues 2-3, pp. 350-357.
  • Ning, Y.P. (2005). “The theoretical framework of earnings management”, Canadian Social Science 2(2):32-38.
  • Rath,S,Sun L (2008) “The Development of Earnings management Reasearch International Review of Business Research papers :Vol 4. No.2 265-277.
  • Ronen, J. and Sadan, S. (1981), Smoothing income numbers: Objectives, means, and implications. Addison-Wesley Reading.

Key Factors Associated to Earnings Management of the Listed Companies on Tehran Stock Exchange (TSE)

Year 2015, Volume: 36 Issue: 3, 357 - 374, 13.05.2015

Abstract

Abstract. Due to the inherent flexibility in some of the accounting standards, interpretation and application of these practices is, in many cases, a function of managerial discretion and imposed views. Managers are provided with the opportunity which allows them through the use of diverse techniques, including accounting accruals, to manage the reported earnings. Earnings management is the manipulation of earnings aimed to secure achievement of management objectives through the use of safe methods and practices. A large body of the literature on earnings management consists of the studies primarily concerned with identification of certain relevant factors which are likely to have significant impact on earnings management. Present research highlights the key factors that contribute to earnings management in the listed companies on Tehran Stock Exchange. The research statistical population includes all listed companies on TSE with active trading record during 2007 through to 2012. Of this population, using systematic filtering procedure, 155 companies were selected as the research sample. The research hypotheses were tested at the hand of a particularly designed multivariate regression model aided by the fixed effects model and the ordinary least squares (OLS) technique. In this study, the effect of the independent variables difference between forecast and actual earnings per share on earnings management and prediction of the company’s future earnings growth on earnings management was examined. Earnings management was measured using modified-Jones model. The obtained results from test of the hypotheses did not indicate any significant association between difference between forecast and actual earnings per share and earnings management, while prediction of the company’s future earnings growth was found to be significantly associated with earnings management.

References

  • Scott, William. (1391). Financial Accounting Theory. Translation: doctor Ali Parsaeian, Tehran: termeh Publications .
  • barazandeh Ahmadabadi Abbas. (1389). Earnings management incentives and economic consequences, Journal of Accounting Research, 8, from 30 to 35 and from 71 to 74.
  • Bazaz zadeh, hamidreza, Dehghan, Mansour. (1390). Cash flow from operations and earnings management: model test ks. Journal of Management Accounting, no.9.
  • Belkoui, Ahmad Riahi. (1381). Accounting Theory. Translation: Ali Parsaeian, Tehran: Cultural Research Publications.
  • bahar Moghaddam Mehdi, kouhi, Ali. (1389). Check the type of earnings management in firms listed in Tehran Stock Exchange. Journal of Accounting No. 2, from 75 to 93.
  • Pourheydari, amir, hemmati, davood (1385). Income smoothing motivations of firms listed in Tehran Stock Exchange, Review of Accounting and Auditing, No. 44, from 55 to 70.
  • Pourheydari, Amir; Hemmati, David. (1383). The effect of debt contracts, political costs, incentive plans and ownership interests on earning management in companies listed in Tehran Stock Exchange, accounting and auditing assessments, No. 26.
  • khoshtinat, Mohsen., Khani, Abdollah. (1382). Earnings management and reward managers for clarification of financial information, Journal of Accounting (3).
  • Hashemi, Seyed Abbas, Rabiey, Hamed. (1390). An overview of the theoretical foundations of earnings management. Journal of Accounting and Financial Management No. 7, from 6 to 22.
  • Hashemi, Syed Abbas, kamali,ehsan (1389). The effect of a gradual increase in financial leverage, the company's free cash flow and growth management firms listed in Tehran Stock Exchange, Journal of Accounting, No. 2, from 95 to 115.
  • Hashemi, Seyed Abbas, Moradi koopaey, Mehdi. (1390). Accounting and Financial Management Quarterly, No. 8, from 90 to 101.
  • Barton J and P (Simko.(2002). The balance sheet as an earnings management constraint.
  • Beildman C R (1973) Income Smoothing: The Role of Management. The Accounting Review October:653-667.
  • Belkoui،٬ A.R. (2004). "Accounting Theory". Thomson،٬ 5ed.
  • Butler Marty Andrew J.Lenone and Michael Willenborg. (2004).An empirical analysis of auditor reporting and its association with abnormal accruals. Journal of Accounting and Economics 37 2(June):139-165.
  • Chan, K., Chan, L.K., Jegadeesh, N. and Lakonishok, J. (2006), Earnings Quality and Stock Returns. Journal of Business, Vol. 79, No. 3, pp. 1041-1082.
  • Darrough N M Purjalali H Ond Saudogarans S (1998) “Earnings management In Japanese Companies” The international Journal Of Accounting Vol.33 No 3 PP 313-334
  • Davidson, S. Stickney, C. and Weil, R. L. (1987), Accounting: The language of business, T. Horton, Sun Lakes, Ariz.
  • Degeorge, F. Patel J. and Zeckhauser R. (1999). Earnings Management To Exceed Thresholds, Journal of Business, 72: 1-33.
  • Goel, A. and Thakor, A. (2003). “Why do firms smooth earnings?”. The Journal of Business, Jan.
  • Handom JRM.(1990).A test of the extended functional hypothesis the Accounting Review 65 740-763.
  • Healy, P. M. and Wahlen, J. M. (1998). A Review of the Earnings Management Literature and its Implications for Standard Setting (November 1998). Available at SSRN: http://ssrn.com/abstract=156445.
  • Jones,S.And Sharma,R,(2001) The Impact Of Free Cash Flow,Finance Leverage And Accounting Regulation On Earnings Management In Ausralia,Vol.27,No.12,PP.19-38.
  • Lo, K. (2008). Earnings management and earnings quality. Journal of Accounting and Economics, Vol. 45, Issues 2-3, pp. 350-357.
  • Ning, Y.P. (2005). “The theoretical framework of earnings management”, Canadian Social Science 2(2):32-38.
  • Rath,S,Sun L (2008) “The Development of Earnings management Reasearch International Review of Business Research papers :Vol 4. No.2 265-277.
  • Ronen, J. and Sadan, S. (1981), Smoothing income numbers: Objectives, means, and implications. Addison-Wesley Reading.
There are 27 citations in total.

Details

Journal Section Special
Authors

Fatemeh Gholinezhad This is me

Seyyed Ali Jafari This is me

Publication Date May 13, 2015
Published in Issue Year 2015 Volume: 36 Issue: 3

Cite

APA Gholinezhad, F., & Ali Jafari, S. (2015). Key Factors Associated to Earnings Management of the Listed Companies on Tehran Stock Exchange (TSE). Cumhuriyet Üniversitesi Fen Edebiyat Fakültesi Fen Bilimleri Dergisi, 36(3), 357-374.
AMA Gholinezhad F, Ali Jafari S. Key Factors Associated to Earnings Management of the Listed Companies on Tehran Stock Exchange (TSE). Cumhuriyet Üniversitesi Fen Edebiyat Fakültesi Fen Bilimleri Dergisi. May 2015;36(3):357-374.
Chicago Gholinezhad, Fatemeh, and Seyyed Ali Jafari. “Key Factors Associated to Earnings Management of the Listed Companies on Tehran Stock Exchange (TSE)”. Cumhuriyet Üniversitesi Fen Edebiyat Fakültesi Fen Bilimleri Dergisi 36, no. 3 (May 2015): 357-74.
EndNote Gholinezhad F, Ali Jafari S (May 1, 2015) Key Factors Associated to Earnings Management of the Listed Companies on Tehran Stock Exchange (TSE). Cumhuriyet Üniversitesi Fen Edebiyat Fakültesi Fen Bilimleri Dergisi 36 3 357–374.
IEEE F. Gholinezhad and S. Ali Jafari, “Key Factors Associated to Earnings Management of the Listed Companies on Tehran Stock Exchange (TSE)”, Cumhuriyet Üniversitesi Fen Edebiyat Fakültesi Fen Bilimleri Dergisi, vol. 36, no. 3, pp. 357–374, 2015.
ISNAD Gholinezhad, Fatemeh - Ali Jafari, Seyyed. “Key Factors Associated to Earnings Management of the Listed Companies on Tehran Stock Exchange (TSE)”. Cumhuriyet Üniversitesi Fen Edebiyat Fakültesi Fen Bilimleri Dergisi 36/3 (May 2015), 357-374.
JAMA Gholinezhad F, Ali Jafari S. Key Factors Associated to Earnings Management of the Listed Companies on Tehran Stock Exchange (TSE). Cumhuriyet Üniversitesi Fen Edebiyat Fakültesi Fen Bilimleri Dergisi. 2015;36:357–374.
MLA Gholinezhad, Fatemeh and Seyyed Ali Jafari. “Key Factors Associated to Earnings Management of the Listed Companies on Tehran Stock Exchange (TSE)”. Cumhuriyet Üniversitesi Fen Edebiyat Fakültesi Fen Bilimleri Dergisi, vol. 36, no. 3, 2015, pp. 357-74.
Vancouver Gholinezhad F, Ali Jafari S. Key Factors Associated to Earnings Management of the Listed Companies on Tehran Stock Exchange (TSE). Cumhuriyet Üniversitesi Fen Edebiyat Fakültesi Fen Bilimleri Dergisi. 2015;36(3):357-74.