Overinvestment, type of subsequent earning management and CEO tenure: Evidences from TSE
This study examines the relationship between overinvestment, type of subsequent earnings management and tenure of CEO's of listed companies in Tehran Stock Exchange during the period from 2005 to 2016 deals. One of the main objectives of this study is that after overinvestment, managers how the...
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| Format: | Article |
| Language: | fas |
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Shahid Bahonar University of Kerman
2017-10-01
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| Series: | مجله دانش حسابداری |
| Subjects: | |
| Online Access: | https://jak.uk.ac.ir/article_1764_8422a2f6610de9f9497e08871309e6e7.pdf |
| _version_ | 1818568309427142656 |
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| author | vali khodadadi (Ph.D) Abbas Aflatooni Mohammad Noruzi Mohammad Mohebkhah |
| author_facet | vali khodadadi (Ph.D) Abbas Aflatooni Mohammad Noruzi Mohammad Mohebkhah |
| author_sort | vali khodadadi (Ph.D) |
| collection | DOAJ |
| description | This study examines the relationship between overinvestment, type of subsequent earnings management and tenure of CEO's of listed companies in Tehran Stock Exchange during the period from 2005 to 2016 deals. One of the main objectives of this study is that after overinvestment, managers how the subsequent financial incentives to distort information for the benefit of shareholder expectations about return on investment? Also, given that CEO tenure with his ability to influence the allocation of corporate resources and related financial reporting process, it is assumed that a positive relationship between overinvestment and subsequent earning management does not apply for the new CEOs. In the present study to measure the accrual earning management the Kothari, Leon and Wesley (2005) model, and to measure actual earnings management Dichow et al. (1998) model and the Roychowdhury (2006) model and to measure overinvestment Richardson (2006) model were utilized. The results show that the firms’ current overinvestment has positive and significance relationship with accrual and real earnings management. In addition, the results showed that there is no significant relationship between overinvestment and earnings management (accrual and real) with CEO tenure. |
| first_indexed | 2024-12-14T06:34:05Z |
| format | Article |
| id | doaj.art-8d1cbe5afbdb412fbde7fbefdbf7b092 |
| institution | Directory Open Access Journal |
| issn | 2008-8914 2476-292X |
| language | fas |
| last_indexed | 2024-12-14T06:34:05Z |
| publishDate | 2017-10-01 |
| publisher | Shahid Bahonar University of Kerman |
| record_format | Article |
| series | مجله دانش حسابداری |
| spelling | doaj.art-8d1cbe5afbdb412fbde7fbefdbf7b0922022-12-21T23:13:26ZfasShahid Bahonar University of Kermanمجله دانش حسابداری2008-89142476-292X2017-10-018320322510.22103/jak.2017.11065.25191764Overinvestment, type of subsequent earning management and CEO tenure: Evidences from TSEvali khodadadi (Ph.D)0Abbas Aflatooni1Mohammad Noruzi2Mohammad Mohebkhah3Associate Professor of Accounting, Shahid Chamran University of Ahvaz, Ahvaz, Iran.Assistant Professor of Accounting, Bu-Ali Sina University, Hamadan, Iran.M.A. of Accounting, Shahid Chamran University of Ahvaz, Ahvaz, IranUniversity Lecture of Bu Ali Sina University of HamedanThis study examines the relationship between overinvestment, type of subsequent earnings management and tenure of CEO's of listed companies in Tehran Stock Exchange during the period from 2005 to 2016 deals. One of the main objectives of this study is that after overinvestment, managers how the subsequent financial incentives to distort information for the benefit of shareholder expectations about return on investment? Also, given that CEO tenure with his ability to influence the allocation of corporate resources and related financial reporting process, it is assumed that a positive relationship between overinvestment and subsequent earning management does not apply for the new CEOs. In the present study to measure the accrual earning management the Kothari, Leon and Wesley (2005) model, and to measure actual earnings management Dichow et al. (1998) model and the Roychowdhury (2006) model and to measure overinvestment Richardson (2006) model were utilized. The results show that the firms’ current overinvestment has positive and significance relationship with accrual and real earnings management. In addition, the results showed that there is no significant relationship between overinvestment and earnings management (accrual and real) with CEO tenure.https://jak.uk.ac.ir/article_1764_8422a2f6610de9f9497e08871309e6e7.pdfoverinvestmentreal earning managementaccrual managementceo tenure |
| spellingShingle | vali khodadadi (Ph.D) Abbas Aflatooni Mohammad Noruzi Mohammad Mohebkhah Overinvestment, type of subsequent earning management and CEO tenure: Evidences from TSE مجله دانش حسابداری overinvestment real earning management accrual management ceo tenure |
| title | Overinvestment, type of subsequent earning management and CEO tenure: Evidences from TSE |
| title_full | Overinvestment, type of subsequent earning management and CEO tenure: Evidences from TSE |
| title_fullStr | Overinvestment, type of subsequent earning management and CEO tenure: Evidences from TSE |
| title_full_unstemmed | Overinvestment, type of subsequent earning management and CEO tenure: Evidences from TSE |
| title_short | Overinvestment, type of subsequent earning management and CEO tenure: Evidences from TSE |
| title_sort | overinvestment type of subsequent earning management and ceo tenure evidences from tse |
| topic | overinvestment real earning management accrual management ceo tenure |
| url | https://jak.uk.ac.ir/article_1764_8422a2f6610de9f9497e08871309e6e7.pdf |
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