The Relationship Between Cost Stickiness and Earnings Management and Firm Characteristics: A Review on Borsa Istanbul

Year 2024, , 339 - 363, 28.04.2024

Gamze Sevimli Örgün , Mehmet Aygün

https://doi.org/10.17233/sosyoekonomi.2024.02.16

Abstract

The main aim of this study is to examine the relationship between cost stickiness, earnings management and firm characteristics. Data from 196 companies operating in Borsa Istanbul for 2012-2020 were used to achieve this aim. The ABJ method was frequently used in the literature to measure cost stickiness, and the Modified Jones Model was used as an earnings management indicator. According to the analysis results using the balanced panel data analysis method, no statistically significant relationship between cost stickiness and earnings management could be obtained. On the other hand, it has been determined that there are significant relationships between cost stickiness and firm characteristics, including firm profitability, debt ratio, firm size and firm age.

Keywords

Cost Stickiness, Earnings Management, Firm Characteristics

Maliyet Yapışkanlığı ile Kâr Yönetimi ve Firma Karakteristikleri Arasındaki İlişki: Borsa İstanbul Üzerine Bir İnceleme

Abstract

Bu çalışmanın temel amacı, maliyet yapışkanlığı ile kar yönetimi ve firma karakteristikleri arasındaki ilişkiyi incelemektir. Bu amacı gerçekleştirmek üzere Borsa İstanbul’da faaliyet gösteren 196 firmanın 2012-2020 yıllarına ait verilerinden yararlanılmıştır. Maliyet yapışkanlığının ölçümünde literatürde sıklıkla kullanılan ABJ yöntemi, kâr yönetimi göstergesi olarak da Modifiye Edilmiş Jones Modelinden yararlanılmıştır. Dengeli panel veri analizi yönteminin kullanıldığı analiz sonuçlarına göre maliyet yapışkanlığı ile kâr yönetimi arasında istatistiksel olarak anlamlı bir ilişki elde edilememiştir. Buna karşın maliyet yapışkanlığı ile firma kârlılığı, firmanın borçlanma oranı, firma büyüklüğü ve firma yaşını içeren firma karakteristikleri arasında anlamlı ilişkilerin varlığı tespit edilmiştir.

Keywords

Maliyet Yapışkanlığı, Kâr Yönetimi, Firma Karakteristikleri

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