salahaddin ghaderi; zahra lashgari; Yadolla Tariverdi; AmirReza Kaighoadi
Abstract
Risk identification and management is a new approach used to strengthen and enhance the effectiveness of organizations. The purpose of risk management is to identify and assess the risk and reduce it using resources available to the administrator. In this study, Enterprise Risk Managementmodel has been ...
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Risk identification and management is a new approach used to strengthen and enhance the effectiveness of organizations. The purpose of risk management is to identify and assess the risk and reduce it using resources available to the administrator. In this study, Enterprise Risk Managementmodel has been estimated and its effectiveness has been studied on the Corporate accounting and economic performance. Tehran stock exchange listed firms constitute statistical population of the research and the sample was selected imposing conditions of the research variables to 129 firms during 2008-2019. Statistical technique of panel data regression was used to analyze data and test the hypotheses. The results indicate that enterprise risk management has a positive and significant effect on the criteria of rate of assets, rate of equity, market value added and cash value added. And these results are supported by the model of COSO(2004). And by comparing the predictive power of Gordon model(2009) and comparing it with the COSO model(2004), it was concluded that Gordon model(2009) had the least error in forecasting accounting and economic performance.
Yadollah Tarivardi; Salahoddin Ghaderi
Abstract
Audit Committee is a key element of corporate governance. The knowledge and understanding of experienced Audit Committee members increase the Company's financial reporting and auditing value. The objective of this study is to investigate the impact of audit committee financial expertise on managerial ...
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Audit Committee is a key element of corporate governance. The knowledge and understanding of experienced Audit Committee members increase the Company's financial reporting and auditing value. The objective of this study is to investigate the impact of audit committee financial expertise on managerial short-termism in Tehran Stock Exchange listed companies. To measure managerial short-termism, we used three criteria: discretionary accruals and the actual items (through manipulation of sales and a reduction in discretionary spending). Tehran stock exchange listed firms constitute statistical population of the research. The sample consists of companies that had been listed on Tehran Stock Exchange before 2012 and have audit committee in the years 2013 to 2016. Financial expertise of audit committee members had no significant effect on earnings management on the basis of accruals. The investigation of the effect of audit committee financial expertise on real earnings management revealed that audit committee financial expertise has a negative effect on the real earnings management through manipulation the sales and reducing discretionary spending. These findings are useful for policy makers to formulate useful obligations regarding the Charter of the Audit Committee and the necessity of applying the principles of corporate governance and preparing voluntary corporate governance report.
Abstract
Audit Committee is a key element of corporate governance. Understanding and knowledge of experienced members of the Audit Committee increase the Company's financial reporting and auditing. The objective of this study is the investigation impact of audit committee financial expert on managerial short-termism ...
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Audit Committee is a key element of corporate governance. Understanding and knowledge of experienced members of the Audit Committee increase the Company's financial reporting and auditing. The objective of this study is the investigation impact of audit committee financial expert on managerial short-termism in companies listed on the Tehran Stock Exchange. To measure managerial short-termism were used three criteria discretionary accruals and the actual items (through manipulation of sales and a reduction in discretionary spending). Tehran stock exchange listed firms constitute statistical population of the research. The sample consisted of companies that have stock before 2012 and has a member of the audit committee in the years 2013 to 2016. Financial expertise of audit committee members had no significant effect on earnings management on the basis of accruals. The investigation audit committee financial expert effect on real earnings management revealed that members of an audit committee financial expertise on the real earnings management through manipulation the sales and reducing discretionary spending is negative effects. These findings are useful for policy makers to formulate and exchange of useful obligation to respect the Charter of the Audit Committee and the necessity of applying the principles of corporate governance and and prepared to have voluntary corporate governance report.
