نوع مقاله : مقاله پژوهشی
نویسندگان
1 گروه حسابداری، دانشکاه شهید بهشتی، دانشکده مدیریت و حسابداری، تهران، ایران
2 عضو هیئت علمی دانشگاه شهید بهشتی تهران
3 حسابرس داخلی
چکیده
کلیدواژهها
عنوان مقاله [English]
نویسندگان [English]
This study examines the Cosmetic earnings and debt management and the Effect of Corporate Governance on them. Our approach to investigate the cosmetic earnings upward and debts downward is based on “Benford's Law”. To evaluate Corporate governance we used 4 variables; percentage of non-Executive managers, percentage of institutional shareholders, concentration of ownership, auditor type and an aggregate index. With regard to this, we tested the data gathered from 145 firms listed in Tehran’s Stock Exchange (TSE) from 2009 to 2009. Normal Z test, Chi-squared distribution and Cramer V test are used to examine and compare actual distribution numbers of earnings (loss) and debts with expected distribution (Benford's). The Results show that managers manipulate the second digits of earnings upward. Nonetheless, this is not the case of losses and debts. Furthermore, the findings show that corporate governance does not diminish the mangers’ opportunity in manipulating the digits of earnings (losses) and debts.
کلیدواژهها [English]
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