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ÜST KADEME KURAMI ÇERÇEVESİNDE CEO KARAKTERİSTİK ÖZELLİKLERİNİN FİNANSAL MANİPÜLASYON ÜZERİNDEKİ ETKİSİ

Year 2023, Volume: 10 Issue: 2, 1187 - 1216, 02.08.2023
https://doi.org/10.30798/makuiibf.1219646

Abstract

Bu çalışma adillik, şeffaflık, hesap verebilirlik ve sorumluluk olarak sıralanabilecek dört temel ilkeye odaklı olarak faaliyetlerini sürdürmekte olan BIST kurumsal yönetim endeksinde yer alan şirketler örnekleminde CEO’ların karakteristik özelliklerinin finansal bilgi manipülasyonu üzerinde bir etkisi olup olmadığına dair ampirik bulgular ortaya koymak amacıyla ele alınmıştır. Çalışmanın örneklemini 2012-2021 döneminde BIST Kurumsal Yönetim Endeksinde kesintisiz olarak yer alan, verilerine ulaşılabilen 19 şirket oluşturmaktadır. Bir şirkette finansal manipülasyon yapılıp yapılmadığının tespiti Beneish (1999) modeli ile tespit edilmiş; CEO’ların karakteristik özelliklerini temsilen deneyim, kıdem, ikilik, cinsiyet, uyruk ve tecrübe değişkenleri kullanılmıştır. Panel logit modeli çalıştırılmıştır. Elde edilen bulgulara göre kurumsal yönetim ilkeleri doğrultusunda hareket eden şirketlerde CEO ikiliğinin var olması finansal bilgi manipülasyonu yapılma olasılığını %15 arttırmaktadır.

References

  • Alhmood, M. Shaari, H. ve Al-dhamari, R. (2020). CEO characteristics and real earnings management in Jordan. International Journal of Financial Research, 11(4), 255-266.
  • Ali, A. ve Zhang, W. (2015). CEO tenure and earnings management. Journal of Accounting and Economics, 59(1), 60-79. doi:10.1016/j.jacceco.2014.11.004
  • Alqatamin, R. M., Aribi, Z. A. ve Arun, T. (2017). The effect of the CEO’s characteristics on EM: Evidence from Jordan. International Journal of Accounting and Information Management, 25(3), 356-375.
  • Altarawneh, M., Shafie, R., Ishak, R. ve Ghaleb, B. A. (2022). Chief executive officer characteristics and discretionary accruals in an emerging economy. Cogent Business and Management, 9(1), 1-20. doi:10.1080/23311975.2021.2024117
  • Alves, S. (2021). CEO duality, earnings quality and board independence. Journal of Financial Reporting and Accounting. doi: 10.1108/JFRA-07-2020-0191
  • Ameila, A. ve Eriandani, R. (2021). Ceo characteristics and earnings management: Evidence from Indonesia. Journal of Management and Business, 20(2), 51-63. doi:10.24123/jmb.v20i2
  • Ashraf, B. N. ve Qian, N. (2021). The Impact of board internationalization on real earnings management: Evidence from China. Sage Journals, 1-18. doi:10.1177/21582440211032640
  • Beasley, M. S., Hermanson, D. R., Carcello, J. V. ve Neal, T. L. (2010). Fraudulent financial reporting: 1998-2007: An analysis of U.S. public companies. Association Sections, Divisions,Boards, Teams.453. 14 Ekim 2022 tarihinde https://egrove.olemiss.edu/aicpa_assoc/453 adresinden erişildi.
  • Beidleman, C. R. (1973). Income smoothing: the role of management. The Accounting Review, 48(4), 653-667.
  • Belot, F. ve Serve, S. (2018). Earnings quality in private SMEs: Do CEO demographics matter? Journal of Small Business Management, 56, 323-344.
  • Beneish, M. D. (1999). The detection of earnings manipulation. Financial Analysts Journal, 55(5), 24-36. doi:10.2469/faj.v55.n5.2296
  • Bouaziz, D., Salhi, B. ve Jarboui, A. (2020). CEO characteristics and earnings management: Empirical evidence from France. Journal of Financial Reporting and Accounting, 18(1), 77-110.
  • Bushman, R. M. ve Smith, A. J. (2001). Financial accounting information and corporate governance. Journal of Accounting and Economics, 32(1-3), 237-333. doi: 10.1016/S0165-4101(01)00027-1
  • Carpenter, M. A., Geletkanycz, M. A., ve Sanders, W. G. (2004). Upper echelons research revisited: antecedents, elements, and consequences of top management team composition. Journal of Management, 30(6), 749-778. doi: doi:10.1016/j.jm.2004.06.001
  • Callao, S., Jarne, J. I., Wroblewski, D. (2020). A systematic approach to the motivations for earnings management: a literature review, International Journal Of Emerging Trends In Social Sciences, 10(1), 1-20. doi: 10.20448/2001.101.1.20
  • Chou, Y.-Y. ve Chan, M.-L. (2018). The impact of CEO characteristics on real earnings management: Evidence from the US banking industry. Journal of Applied Finance and Banking, 8(2), 17-44.
  • Cugova, A. ve Cug, J. (2020). Motivation for the use of creative accounting techniques in the conditions of the globalized business environment. 19th international scientific conference globalization and its socio-economic consequences 2019 – sustainability in the global-knowledge economy. https://doi.org/10.1051/shsconf/20207401004.
  • DeAngelo, L. E. (1986). Accounting numbers as market valuation substitutes: A study of management buyouts of public stockholders. The Accounting Review, 61(3), 400-420.
  • Dechow, P. M., Sloan, R. G. ve Sweeney, A. P. (1995). Detecting earnings management. The Accounting Review, 70(2), 193-225.
  • Demirhan, Ayşe (2019). Panel logit modelleri: Bankacılık sektörü üzerine bir uygulama. Maliye ve Finans Yazıları, (111), 341-356.
  • Gounopoulos, D. ve Pham, H. (2018). Financial expert CEOs and earnings management around initial public offerings. International Journal of Accounting, 53(2), 102-117. doi: 10.1016/j.intacc.2018.04.002
  • Gull, A. A., Nekhili, M., Nagati, H. ve Chtioui, T. (2018). Beyond gender diversity: How specific attributes of female directors affect earnings management. The British Accounting Review, 50(3), 255-274. doi: 10.1016/j.bar.2017.09.001
  • Gulzar, M. A. ve Wang, Z. (2011). Corporate governance characteristics and earnings management: Empirical evidence from Chinese listed firms. International Journal of Accounting and Financial Reporting, 1(1), 133-151.
  • Güriş, S. (Ed.). (2018). Uygulamalı panel veri ekonometrisi. İstanbul: Der Yayınları.
  • Hadi Cahyadi, H. W. M. (2020). Factors influencing income smoothing practices with firm size moderation. Jurnal Akuntansi, 24(2), 250–265. doi: 10.24912/ja.v24i2.695
  • Hambrick, D. C. (2007). Upper echelons theory: An update. Academy of Management Review, 32(2), 334-343.
  • Hambrick, D. C. ve Mason, P. A. (1984). Upper echelons: The organization as a reflection of its top managers. Academy of Management Review, 9(2), 193-206.
  • Healy, P. M. (1985). The effect of bonus schemes on accounting decisions. Journal of Accounting and Economics, 7, 85-107.
  • Healy, P. ve Wahlen, J. (1999). A review of the earnings management literature and its implications for standard setting. Accounting Horizons, 13(4), 365-383.
  • Hensel, T. ve Schöndube, J. R. (2022). Big bath accounting and ceo turnover: the interplay between optimal contracts and career concerns, Journal of Business Economics, 92:1249–1281. doi:10.1007/s11573-022-01098-5
  • Hooghiemstra, R., Hermes, N., Oxelheim, L. ve Randøy, T. (2019). Strangers on the board: The impact of board internationalization on earnings management of Nordic firms. International Business Review, 28(1), 119-134. doi:10.1016/j.ibusrev.2018.08.007
  • Hu, N., Liu, L. ve Miller, W. F. (2013). The path to reporting economic reality - why all CEOs should have accounting degrees. Journal of Management Policy and Practice, 14(2), 11-18.
  • Ioana, G. A. ve Ioan, Ț. A. (2018). Analysis of creative accounting – faithful image relationship and creative accounting – fraud relationship. Ovidius University Annals, Economic Sciences Series, 18(2), 599-604.
  • Isidro, H. ve Gonçalves, L. (2011). Earnings management and CEO characteristics in Portuguese firms. Corporate Ownership ve Control, 9(1), 87-95.
  • Jiang, C. (2006, Temmuz 1). "Optimism" vs "Big Bath" accounting: A regulatory dilemma in Chinese financial reporting practices. doi:10.2139/ssrn.922484
  • Jiang, F., Zhu, B. ve Huang, J. (2013). CEO’s financial experience and earnings management. Journal of Multinational Financial Management, 23(3), 134-145. doi:10.1016/j.mulfin.2013.03.005
  • Jones, J. J. (1991). Earnings management during import relief investigations. Journal of Accounting Research, 29(2), 193-228.
  • Jones, M. J. (2011). Creative accounting, fraud and international accounting scandals. England: John Wiley ve Sons.
  • Kothari, S., Leone, A. J. ve Wasley, C. E. (2005). Performance matched discretionary accrual measures. Journal of Accounting and Economics, 39, 163-197. doi:10.1016/j.jacceco.2004.11.002
  • Kouaib, A. ve Jarboui, A. (2016). Real earnings management in innovative firms: Does CEO profile make a difference? Journal of Behavioral and Experimental Finance, 12, 40-54. doi:10.1016/j.jbef.2016.09.002
  • Krishnan, G. V. ve Parsons, L. M. (2008). Getting to the bottom line: An exploration of gender and earnings quality. Journal of Business Ethics, 78(1-2), 65-76. doi:https: 10.2139/ssrn.899363
  • Küçüksözen, C. ve Küçükkocaoğlu, G. (2005). Finansal bilgi manipülasyonu: İMKB şirketleri üzerine ampirik bir çalışma. 1st International Accounting Conference on the Way to Convergence. İstanbul: MÖDAV.
  • Lauck, J., Negangard, E. M. ve Rakestraw, J. (2021). Cognitive determinants of aggressive financial reporting – the combined effects of ego depletion, moral identity, and an ethical intervention, http://dx.doi.org/10.2139/ssrn.3762591
  • Lev, B. (2003). Corporate earnings: Facts and fiction. Journal of Economic Perspectives, 17(2), 27-50. doi:10.1257/089533003765888412
  • Masruroh, S. ve Carolina, A. (2022). Beneish model: Detection of indications of financial statement fraud using CEO characteristics. Asia Pacific Fraud Journal, 7(1), 85-101. doi:10.21532/apfjournal.v7i1.258.
  • Mulford, C. W. ve Comiskey, E. E. (2002). The financial numbers game: Detecting creative accounting practices. New York: John Wiley ve Sons.
  • Ngo, D. N. ve Nguyen, C. V. (2022). Does the CEO’s financial and accounting expertise affect the financial reporting quality? Evidence from an emerging economy. Journal of Financial Reporting and Accounting. doi:10.1108/JFRA-09-2021-030
  • Nuanpradit, S. (2019). Real earnings management in Thailand: CEO duality and serviced early years. Asia-Pacific Journal of Business Administration, 11(1), 88-108. doi:10.1108/APJBA-08-2018-0133
  • Perols, J. L. ve Lougee, B. A. (2011). The relation between earnings management and financial statement fraud. Advances in Accounting, 27(1), 39-53. doi:10.1016/j.adiac.2010.10.004
  • Qawasmeha, S. Y. ve Azzam, M. J. (2020). CEO characteristics and earnings management. Accounting, 6, 1403-1410.
  • Rezaee, Z. (2005). Causes, consequences, and deterence of financial statement fraud. Critical Perspectives on Accounting, 16(3), 277-298.
  • Saona, P. ve Muro, L. (2018). Firm- and country-level attributes as determinants of earnings management: An analysis for Latin American firms, Emerging Markets Finance and Trade, 54 (12), 2736–2764. doi:10.1080/1540496X.2017.1410127
  • Schipper, K. (1989). Commentary on earnings management. Accounting Horizons, 3(4), 91-102.
  • Spathis, C. T. (2002). Detecting false financial statements using published data: Some evidence from greece. Managerial Auditing Journal, 17(4), 179-191. doi:0.1108/02686900210424321
  • Stolowy, H. ve Breton, G. (2000, Haziran 28). A framework for the classification of accounts manipulations. HEC Accounting and Management Control Working Paper No. 708/2000. doi: 10.2139/ssrn.263290
  • Stolowy, H. ve Breton, G. (2004). Accounts manipulation: A literature review and proposed conceptual framework. Review of Accounting and Finance, 3(1), 5-92. doi:10.1108/eb043395
  • Tak, İ. (2010). Financial information, effects of financial information on economic decision. Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, 4, 217-231.
  • Troy, C. J., Smith, K. G. ve Domino, M. A. (2011). CEO demographics and accounting fraud: Who is more likely to rationalize illegal acts? Faculty Publications, 9(4), 259-282. doi:10.1177/1476127011421534
  • Warno, N. M., Fauzi, M. (2019). The effect of tax planning, company value, and leverage on income smoothing practices in companies listed on Jakarta islamic index, Journal of Islamic Accounting and Finance Research, 1(1), 139-162. doi:10.21580/jiafr.2019.1.1.3733
  • Yüce, A. A. (2012). Sermaye piyasasında manipülasyon. Türkiye Barolar Birliği Dergisi(98), 364-388.
  • Zouari, Z., Lakhal, F. ve Nekhili, M. (2015). Do CEO’s characteristics affect earnings management? Evidence from France. SSRN Elektronic Journal, 12(4), 801-819. https://www.researchgate.net/publication/280712817 adresinden erişildi.

THE EFFECT OF CEO CHARACTERISTICS ON FINANCIAL MANIPULATION WITHIN THE FRAMEWORK OF UPPER ECHOLON THEORY

Year 2023, Volume: 10 Issue: 2, 1187 - 1216, 02.08.2023
https://doi.org/10.30798/makuiibf.1219646

Abstract

Bu çalışma adillik, şeffaflık, hesap verebilirlik ve sorumluluk olarak sıralanabilecek dört temel ilkeye odaklı olarak faaliyetlerini sürdürmekte olan BIST kurumsal yönetim endeksinde yer alan şirketler örnekleminde CEO’ların karakteristik özelliklerinin finansal bilgi manipülasyonu üzerinde bir etkisi olup olmadığına dair ampirik bulgular ortaya koymak amacıyla ele alınmıştır. Çalışmanın örneklemini 2012-2021 döneminde BIST Kurumsal Yönetim Endeksinde kesintisiz olarak yer alan, verilerine ulaşılabilen 19 şirket oluşturmaktadır. Bir şirkette finansal manipülasyon yapılıp yapılmadığının tespiti Beneish (1999) modeli ile tespit edilmiş; CEO’ların karakteristik özelliklerini temsilen deneyim, kıdem, ikilik, cinsiyet, uyruk ve tecrübe değişkenleri kullanılmıştır. Panel logit modeli çalıştırılmıştır. Elde edilen bulgulara göre kurumsal yönetim ilkeleri doğrultusunda hareket eden şirketlerde CEO ikiliğinin var olması finansal bilgi manipülasyonu yapılma olasılığını %15 arttırmaktadır.

References

  • Alhmood, M. Shaari, H. ve Al-dhamari, R. (2020). CEO characteristics and real earnings management in Jordan. International Journal of Financial Research, 11(4), 255-266.
  • Ali, A. ve Zhang, W. (2015). CEO tenure and earnings management. Journal of Accounting and Economics, 59(1), 60-79. doi:10.1016/j.jacceco.2014.11.004
  • Alqatamin, R. M., Aribi, Z. A. ve Arun, T. (2017). The effect of the CEO’s characteristics on EM: Evidence from Jordan. International Journal of Accounting and Information Management, 25(3), 356-375.
  • Altarawneh, M., Shafie, R., Ishak, R. ve Ghaleb, B. A. (2022). Chief executive officer characteristics and discretionary accruals in an emerging economy. Cogent Business and Management, 9(1), 1-20. doi:10.1080/23311975.2021.2024117
  • Alves, S. (2021). CEO duality, earnings quality and board independence. Journal of Financial Reporting and Accounting. doi: 10.1108/JFRA-07-2020-0191
  • Ameila, A. ve Eriandani, R. (2021). Ceo characteristics and earnings management: Evidence from Indonesia. Journal of Management and Business, 20(2), 51-63. doi:10.24123/jmb.v20i2
  • Ashraf, B. N. ve Qian, N. (2021). The Impact of board internationalization on real earnings management: Evidence from China. Sage Journals, 1-18. doi:10.1177/21582440211032640
  • Beasley, M. S., Hermanson, D. R., Carcello, J. V. ve Neal, T. L. (2010). Fraudulent financial reporting: 1998-2007: An analysis of U.S. public companies. Association Sections, Divisions,Boards, Teams.453. 14 Ekim 2022 tarihinde https://egrove.olemiss.edu/aicpa_assoc/453 adresinden erişildi.
  • Beidleman, C. R. (1973). Income smoothing: the role of management. The Accounting Review, 48(4), 653-667.
  • Belot, F. ve Serve, S. (2018). Earnings quality in private SMEs: Do CEO demographics matter? Journal of Small Business Management, 56, 323-344.
  • Beneish, M. D. (1999). The detection of earnings manipulation. Financial Analysts Journal, 55(5), 24-36. doi:10.2469/faj.v55.n5.2296
  • Bouaziz, D., Salhi, B. ve Jarboui, A. (2020). CEO characteristics and earnings management: Empirical evidence from France. Journal of Financial Reporting and Accounting, 18(1), 77-110.
  • Bushman, R. M. ve Smith, A. J. (2001). Financial accounting information and corporate governance. Journal of Accounting and Economics, 32(1-3), 237-333. doi: 10.1016/S0165-4101(01)00027-1
  • Carpenter, M. A., Geletkanycz, M. A., ve Sanders, W. G. (2004). Upper echelons research revisited: antecedents, elements, and consequences of top management team composition. Journal of Management, 30(6), 749-778. doi: doi:10.1016/j.jm.2004.06.001
  • Callao, S., Jarne, J. I., Wroblewski, D. (2020). A systematic approach to the motivations for earnings management: a literature review, International Journal Of Emerging Trends In Social Sciences, 10(1), 1-20. doi: 10.20448/2001.101.1.20
  • Chou, Y.-Y. ve Chan, M.-L. (2018). The impact of CEO characteristics on real earnings management: Evidence from the US banking industry. Journal of Applied Finance and Banking, 8(2), 17-44.
  • Cugova, A. ve Cug, J. (2020). Motivation for the use of creative accounting techniques in the conditions of the globalized business environment. 19th international scientific conference globalization and its socio-economic consequences 2019 – sustainability in the global-knowledge economy. https://doi.org/10.1051/shsconf/20207401004.
  • DeAngelo, L. E. (1986). Accounting numbers as market valuation substitutes: A study of management buyouts of public stockholders. The Accounting Review, 61(3), 400-420.
  • Dechow, P. M., Sloan, R. G. ve Sweeney, A. P. (1995). Detecting earnings management. The Accounting Review, 70(2), 193-225.
  • Demirhan, Ayşe (2019). Panel logit modelleri: Bankacılık sektörü üzerine bir uygulama. Maliye ve Finans Yazıları, (111), 341-356.
  • Gounopoulos, D. ve Pham, H. (2018). Financial expert CEOs and earnings management around initial public offerings. International Journal of Accounting, 53(2), 102-117. doi: 10.1016/j.intacc.2018.04.002
  • Gull, A. A., Nekhili, M., Nagati, H. ve Chtioui, T. (2018). Beyond gender diversity: How specific attributes of female directors affect earnings management. The British Accounting Review, 50(3), 255-274. doi: 10.1016/j.bar.2017.09.001
  • Gulzar, M. A. ve Wang, Z. (2011). Corporate governance characteristics and earnings management: Empirical evidence from Chinese listed firms. International Journal of Accounting and Financial Reporting, 1(1), 133-151.
  • Güriş, S. (Ed.). (2018). Uygulamalı panel veri ekonometrisi. İstanbul: Der Yayınları.
  • Hadi Cahyadi, H. W. M. (2020). Factors influencing income smoothing practices with firm size moderation. Jurnal Akuntansi, 24(2), 250–265. doi: 10.24912/ja.v24i2.695
  • Hambrick, D. C. (2007). Upper echelons theory: An update. Academy of Management Review, 32(2), 334-343.
  • Hambrick, D. C. ve Mason, P. A. (1984). Upper echelons: The organization as a reflection of its top managers. Academy of Management Review, 9(2), 193-206.
  • Healy, P. M. (1985). The effect of bonus schemes on accounting decisions. Journal of Accounting and Economics, 7, 85-107.
  • Healy, P. ve Wahlen, J. (1999). A review of the earnings management literature and its implications for standard setting. Accounting Horizons, 13(4), 365-383.
  • Hensel, T. ve Schöndube, J. R. (2022). Big bath accounting and ceo turnover: the interplay between optimal contracts and career concerns, Journal of Business Economics, 92:1249–1281. doi:10.1007/s11573-022-01098-5
  • Hooghiemstra, R., Hermes, N., Oxelheim, L. ve Randøy, T. (2019). Strangers on the board: The impact of board internationalization on earnings management of Nordic firms. International Business Review, 28(1), 119-134. doi:10.1016/j.ibusrev.2018.08.007
  • Hu, N., Liu, L. ve Miller, W. F. (2013). The path to reporting economic reality - why all CEOs should have accounting degrees. Journal of Management Policy and Practice, 14(2), 11-18.
  • Ioana, G. A. ve Ioan, Ț. A. (2018). Analysis of creative accounting – faithful image relationship and creative accounting – fraud relationship. Ovidius University Annals, Economic Sciences Series, 18(2), 599-604.
  • Isidro, H. ve Gonçalves, L. (2011). Earnings management and CEO characteristics in Portuguese firms. Corporate Ownership ve Control, 9(1), 87-95.
  • Jiang, C. (2006, Temmuz 1). "Optimism" vs "Big Bath" accounting: A regulatory dilemma in Chinese financial reporting practices. doi:10.2139/ssrn.922484
  • Jiang, F., Zhu, B. ve Huang, J. (2013). CEO’s financial experience and earnings management. Journal of Multinational Financial Management, 23(3), 134-145. doi:10.1016/j.mulfin.2013.03.005
  • Jones, J. J. (1991). Earnings management during import relief investigations. Journal of Accounting Research, 29(2), 193-228.
  • Jones, M. J. (2011). Creative accounting, fraud and international accounting scandals. England: John Wiley ve Sons.
  • Kothari, S., Leone, A. J. ve Wasley, C. E. (2005). Performance matched discretionary accrual measures. Journal of Accounting and Economics, 39, 163-197. doi:10.1016/j.jacceco.2004.11.002
  • Kouaib, A. ve Jarboui, A. (2016). Real earnings management in innovative firms: Does CEO profile make a difference? Journal of Behavioral and Experimental Finance, 12, 40-54. doi:10.1016/j.jbef.2016.09.002
  • Krishnan, G. V. ve Parsons, L. M. (2008). Getting to the bottom line: An exploration of gender and earnings quality. Journal of Business Ethics, 78(1-2), 65-76. doi:https: 10.2139/ssrn.899363
  • Küçüksözen, C. ve Küçükkocaoğlu, G. (2005). Finansal bilgi manipülasyonu: İMKB şirketleri üzerine ampirik bir çalışma. 1st International Accounting Conference on the Way to Convergence. İstanbul: MÖDAV.
  • Lauck, J., Negangard, E. M. ve Rakestraw, J. (2021). Cognitive determinants of aggressive financial reporting – the combined effects of ego depletion, moral identity, and an ethical intervention, http://dx.doi.org/10.2139/ssrn.3762591
  • Lev, B. (2003). Corporate earnings: Facts and fiction. Journal of Economic Perspectives, 17(2), 27-50. doi:10.1257/089533003765888412
  • Masruroh, S. ve Carolina, A. (2022). Beneish model: Detection of indications of financial statement fraud using CEO characteristics. Asia Pacific Fraud Journal, 7(1), 85-101. doi:10.21532/apfjournal.v7i1.258.
  • Mulford, C. W. ve Comiskey, E. E. (2002). The financial numbers game: Detecting creative accounting practices. New York: John Wiley ve Sons.
  • Ngo, D. N. ve Nguyen, C. V. (2022). Does the CEO’s financial and accounting expertise affect the financial reporting quality? Evidence from an emerging economy. Journal of Financial Reporting and Accounting. doi:10.1108/JFRA-09-2021-030
  • Nuanpradit, S. (2019). Real earnings management in Thailand: CEO duality and serviced early years. Asia-Pacific Journal of Business Administration, 11(1), 88-108. doi:10.1108/APJBA-08-2018-0133
  • Perols, J. L. ve Lougee, B. A. (2011). The relation between earnings management and financial statement fraud. Advances in Accounting, 27(1), 39-53. doi:10.1016/j.adiac.2010.10.004
  • Qawasmeha, S. Y. ve Azzam, M. J. (2020). CEO characteristics and earnings management. Accounting, 6, 1403-1410.
  • Rezaee, Z. (2005). Causes, consequences, and deterence of financial statement fraud. Critical Perspectives on Accounting, 16(3), 277-298.
  • Saona, P. ve Muro, L. (2018). Firm- and country-level attributes as determinants of earnings management: An analysis for Latin American firms, Emerging Markets Finance and Trade, 54 (12), 2736–2764. doi:10.1080/1540496X.2017.1410127
  • Schipper, K. (1989). Commentary on earnings management. Accounting Horizons, 3(4), 91-102.
  • Spathis, C. T. (2002). Detecting false financial statements using published data: Some evidence from greece. Managerial Auditing Journal, 17(4), 179-191. doi:0.1108/02686900210424321
  • Stolowy, H. ve Breton, G. (2000, Haziran 28). A framework for the classification of accounts manipulations. HEC Accounting and Management Control Working Paper No. 708/2000. doi: 10.2139/ssrn.263290
  • Stolowy, H. ve Breton, G. (2004). Accounts manipulation: A literature review and proposed conceptual framework. Review of Accounting and Finance, 3(1), 5-92. doi:10.1108/eb043395
  • Tak, İ. (2010). Financial information, effects of financial information on economic decision. Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, 4, 217-231.
  • Troy, C. J., Smith, K. G. ve Domino, M. A. (2011). CEO demographics and accounting fraud: Who is more likely to rationalize illegal acts? Faculty Publications, 9(4), 259-282. doi:10.1177/1476127011421534
  • Warno, N. M., Fauzi, M. (2019). The effect of tax planning, company value, and leverage on income smoothing practices in companies listed on Jakarta islamic index, Journal of Islamic Accounting and Finance Research, 1(1), 139-162. doi:10.21580/jiafr.2019.1.1.3733
  • Yüce, A. A. (2012). Sermaye piyasasında manipülasyon. Türkiye Barolar Birliği Dergisi(98), 364-388.
  • Zouari, Z., Lakhal, F. ve Nekhili, M. (2015). Do CEO’s characteristics affect earnings management? Evidence from France. SSRN Elektronic Journal, 12(4), 801-819. https://www.researchgate.net/publication/280712817 adresinden erişildi.
There are 61 citations in total.

Details

Primary Language Turkish
Journal Section Research Articles
Authors

Evren Yanya 0000-0001-5275-833X

Ilkut Elif Kandil Goker 0000-0002-5290-3514

Publication Date August 2, 2023
Submission Date December 15, 2022
Published in Issue Year 2023 Volume: 10 Issue: 2

Cite

APA Yanya, E., & Kandil Goker, I. E. (2023). ÜST KADEME KURAMI ÇERÇEVESİNDE CEO KARAKTERİSTİK ÖZELLİKLERİNİN FİNANSAL MANİPÜLASYON ÜZERİNDEKİ ETKİSİ. Journal of Mehmet Akif Ersoy University Economics and Administrative Sciences Faculty, 10(2), 1187-1216. https://doi.org/10.30798/makuiibf.1219646