Document Type : Research Paper
Authors
Abstract
This research examines the consequences of earnings manipulation through real activity and campares it with cosequenses of accrual manipulation based on earnings manipulation models provided by Roychowdhury (2006) and Gunny (2010). Statistical sample consists of listed companies in Tehran Stock Exchange over the years of 2000 to 2011. Literature Review indicates that real manipulation take place by using mehods such as offering discount, extend more lenient credit terms for sale, overproduction and reduced discretionary expense.
Based on literature, firms with low return (first interval to the right of zero inearnings distributions) were detected as suspet firms to real and accrual manipulation. Results indicate an increase in abnormal accruals and abnormal production costs, and abnormal discretionary expenses and operating cash flows in suspect firms. After detecting earnings manipulation proxies, consequence of earnings management through real activities on future profitability and cash flow from operation were examined and compared with accrual manipulation. The Results of testing hypotheses indicate a negative effect of real manipulation on future performance
Keywords
دارایی ها، تحقیقات حسابداری، شماره 3، صص 135 122 ، انجمن حسابداری ایران -
.2 اشرف زاده، سید حمیدرضا؛ مهرگان، نادر 13.0 (، اقتصادسنجی پانل دیتا، موسسه
تحقیقات تعاون دانشکده علو اجتماعی
.3 بهار مقد ، مهدی، حسنی فرد، حبیبه 13.0 (، بررسی رابطه رویداد های مالی واقعی و
مدیریت سود در شرکت های پذیرفته شده در بورس اوراق بهادار تهران، فصلنامه
تحقیقات حسابداری، تابستان 13.0 ، انجمن حسابداری ایران
.4 کوچکی، حسن، 1303 (، هموارسازی سود از طریق زمان بندی فروش داراییها، پایان نامه
کارشناسی ارشد، دانشگاه تربیت مدرس
.5 کرمی، لامرضا؛ داوری نژاد مقد ، اعظم؛ تحریری، آرش 1305 (، بررسی رابطه بین
مدیریت سود واقعی و مدیریت سود حسابداری به منظور هموارسازی سود در
شرکت های پذیرفته شده در بورس اوراق بهادار تهران، مطالعات تجربی حسابداری مالی
، مطالعات حسابداری سابق(، دانشکده حسابداری و مدیریت علامه طباطبایی، پاییز 1305
- 0. . شماره 31 ، صص 1
.. مرادزاده فرد، مهدی؛ عدیلی، مجتبی .. 13 (، بررسی رابطه بین دستکاری فعالیت های
واقعی و هزینه حقوق صاحبان سهام در شرکت های پذیرفته شده در بورس اوراق بهادار
- تهران، فصلنامه بورس اوراق بهادار، پاییز .. 13 ، شماره 0، صص 54 35
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