أثر سياسة تمهيد الدخل على جودة األرباح المحاسبية)دراسة تطبيقية في عينة من المصارف العراقية العاملة في محافظة أربيل(
DOI:
https://doi.org/10.25212/lfu.qzj.4.4.12الكلمات المفتاحية:
Pricing income, quality of profitsالملخص
The study aimed to demonstrate the impact of the income smoothing on the accounting Earnings quality (represented by the earnings persistence and earning predictability and accruals quality),) An applied study in a sample of Iraqi banks operating
in Erbil governorate(.and determined the duration of the study, to include the five years from 2013-2017, and the study was applied to the sample (10) Banks listed in the Iraqi stock market. and to assess the practice of income smoothing in banks sample
study.Then, to examine the impact of income smoothing on the earnings quality to decide whether income smoothing can serve as either a tool to enhance earnings quality or a tool for opportunistic behavior.The study took accounting mechanisms of governance as additional factors in this study. And used in the study simple regression analysis of the test hypotheses of the study in addition to the use of Eckel index (Eckel) to classify banks sample of the study to the smoothed and non-smoothed banks.
The study concluded that there is a significant statistical effect of income smoothing on the earnings persistence and earning predictability, but there is no significant statistically effect of income smoothing on the Earnings quality represented by the accruals quality. The results also indicated that the percentage of banks classified as smoothed banks according to the Eckel index (60%) of the sample banks and (40%) of the sample banks were classified as non-income smoothed banks.One of the most important recommendations of the study is the need to strengthen the governance mechanisms and urge companies to implement them, because of the role of this proposal in increasing transparency and disclosure, which helps to reduce
undesirable administrative practices, in addition to the importance of the ethical and behavioral aspect and the need to make users of accounting information aware of the financial misinformation that can occur through income smoothing practices and an
interest in increasing the effectiveness and efficiency of the external audit profession as one of the mechanisms of external accounting for governance.
التنزيلات
المراجع
A- Scientific Thesis
- Cvetanovska. B & Kerekes. B, (2015), The Impact of Income Smoothing on Firm Value after the Sarbanes- Oxley Act: An Empirical Research on US Public Companies Between 2006-2012, Master thesis, Lund University, Sweden.
- Latif, Khalid, (2018), Interactions between Corporate Governance, Earning Quality Attributes and Value of Firm: Empirical Analysis from Non-Financial Sector of Pakistan, A Doctoral Thesis, Faculty of Management Sciences, International Islamic University, Islamabad.
- Sarun, Anuar, (2016), Corporate Governance, Earnings Quality and Firm Value: Evidence from Malaysia, A Doctoral Thesis, College of Business, Victoria University.
B- Books
- Belkhaoui, Ahmed Riahi, (2000) " Accounting Theory" 4th Edition, Thomas Learning.
- Scott. W, (2012), Financial Accounting theory, USA: Prentice Hall.
C- Periodicals and journals
- An, Yohan, (2017),Measuring Earnings Quality Over Time, International Journal of Economics and Financial, Vol (7), No (3), (82-87).
- Bagnoli. M& Watts. S, (2010), Oligopoly, Disclosure and Earnings Management. The Accounting Review, vol (85), No(4), (1191-1214).
- Basu, Sudipta, (1997), The Conservatism Principle and The Asymmetric Timeliness of Earnings, Journal of Accounting and Economics, Vol (24) , No (1), (3 – 37).
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- Chen, Linda, (2013), Income Smoothing, Information Uncertainty, Stock Returns, and Cost of Equity, Review of Pacific Basin Financial Markets and Policies, Vol(16), No(3), (1-34).
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- Eckel, N (1981). “The Income Statement Hypothesis Revisited” Abacus, 11, pp. 1-21.
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- Francis, J., LaFond. R, M. Olsson. P, and Schipper. K, (2004), Costs of Equity and Earnings Attributes, The Accounting Review, Vol(79), NO (4): (967-1010).
- Healy, Paul, (1985)," The Effect of Bonus Schemes on Accounting Decisions", Journal of Accounting and Economics, Vol.16, April1985, (85-107).
- Jafarpouri. M, Soumehsaraei. B, (2013),Investigate Real Earning Management and Accounting Earning Management from the Perspective of Income Smoothing, International Journal of Innovative Research in Science, Engineering and Technology,Vol(2), Issue(12), (7256-7263).
- Kazemi . H, Hemmati. H, and Faridvand . R, (2011), “Investigating The Relationship Between Conservatism Accounting and Earnings Attributes”, World Applied Sciences Journal, Vol (12) , No.(9), (1385 – 1396).
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- Li, F., Abeysekera, I. & Ma, S, (2011), Earnings management and the effect of earnings quality in relation to stress level and bankruptcy level of Chinese listed firms, Corporate Ownership and Control,Vol( 9) No(1),( 366-391).
- Lyimo, Gregory, (2014), Assessing The Measures Of Quality Of Earnings: Evidence From India, European Journal of Accounting Auditing and Finance Research, Vol.(2), No.(6), (17-28).
- Mahmud, Nurfarizan Mazhani, (2012), Income smoothing and industrial sector, Elixir International Journal, Vol(50), (10248-10252).
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- Schipper. K and Vincent. L, (2003), “Earnings quality”, Accounting horizons, Vol(17), (97- 110).
- Tucker.J.W, Zarowin.P.A, (2006), Does Income Smoothing Improve Earnings Informativeness?, The Accounting Review, Vol(81), NO(1), (251-270).
- Teoh. S, Welch. I, and Wong. T, (1998) , Earnings Management and the Underperformance of seasoned Equity Offerings. Journal of Financial Economics, Vol (50), (63-99).
- Umobong. A &Ogbonna. G, (2017), The Effect of Income Smoothing and Earnings Quality on Financial Performance of Firms,International Journal of Business & Law Research 5(1):17-29.
- Reyad, Sameh M. Reda, (2013), The Role of Auditing Quality as tool of Corporate Governance in Enhancing Earning Quality: Evidence from Egypt, International Management Review, Vol(9), No(2),(83-93).
D- Working paper:
- Dichev. I, Graham. J, Rajgopal. S, ( 2012 ), Earnings Quality, working paper available from,http://www.hbs.edu/faculty/Lists/Events/Attachments/11/Earnings%20Quality.pdf.
- Prior. D, Surroca. J, Tribo J., (2007) Earning Management and Corporate Social Responsibility, Working Paper, Departamento de Economía de la Empresa Universidad Carlos III de Madrid.
Else:
- Dechow,Patricia & Schrand, Catherine, (2004), "Earnings Quality", The Research Foundation of CFA Institute.
التنزيلات
منشور
كيفية الاقتباس
إصدار
القسم
الرخصة
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