THE RELATIONSHIP BETWEEN CHARACTERISTICS OF CHAIRMAN AND EARNINGS QUALITY
Article Sidebar
Main Article Content
Abstract
The objectives of this study were to study the three following issues; 1.Characteristics of and Earnings Quality, and 2.The Relationship between Characteristics of Chairman and Earnings Quality. The selected samples were the 432 companies whose corporate information available in the SET over 3 years since 2012 to 2014. The instruments employed in this study were Multiple Regression Analysis and Modified Jones Model (1995) in order to examine relationship between characteristics of chairman and earnings quality. This study used eight variables as representatives’ characteristics of chairman which were age of chairman, gender of chairman, foreign of directors’ executives, the duality of chief executives officer, board size. Additionally, the two controlled variables consisted of company size and financial risks. The results revealed that there existed statistical negative relationship between earnings quality determined from discretionary accruals on the subject of Modified Jones Models (1995) and Age of Chairman, Gender of Chairman. Moreover, there was no relationship between foreign of directors executives, the duality of Chief executives officer, board size, company size, financial risks and earnings quality determined from discretionary accruals.
Article Details
References
พัชรี บัวเผื่อน. (2558). ความสัมพันธ์ของโครงสร้างเงินทุนและขนาดกิจการที่มีผลต่อคุณภาพกำไรของบริษัทจดทะเบียนในตลาดหลักทรัพย์แห่งประเทศไทยกลุ่มอสังหาริมทรัพย์และก่อสร้าง. สารนิพนธ์. บัณฑิตวิทยาลัย: มหาวิทยาลัยศรีปทุม.
Amran, N. A., Yusof, M., Ishak, R., and Aripin, N,. (2014). Do Characteristics of CEO and Chairman Influence Government- Linked Companies performance. Procedia - Social and Behavioral Sciences, 109, 799-803. doi:10.1016/j.sbspro.2013.12.546
Daniel, C.M. L., Helen R., Rosalind, H. W. (2015). Board gender diversity and firm performance: Empirical evidence from Hong Kong, South Korea, Malaysia and Singapore. Pacific-Basin Finance Journal. 35(15), 381-400.
Dechow P.M., R.G. Sloan, and A.P. Sweeney. (1995). Detecting earnings management. The Accounting Review, 70(1), 193-225.
Duc, V. and Thuy, P. (2013). Corporate Governance and Firm Performance: Empirical Evidence from Vietnam. Journal of corporate governance. 4(3). Retrieved from https://www.murdoch.edu.au/School-of-Business-and-Governance/_document/Australian-Conference-of Economists/Cor
porate-governance-and-firm-performance.pdf. doi: 10.24311/jed/2013.
218.08
Hosam, A. R. A., Eko, G. S., Roekhudin, and Wuryan, A. (2019). The Impact of Board Characteristics on Earning Management in The International oil and Gas Corporations. Academy of Accounting and Financial Studies Journal. 23(1).
Lakhal, F., Aguir, A., Lakhal, N., & Malek, A. (2015). Do Women On Boards And In Top Management Reduce Earnings Management? Evidence In France. Journal of Applied Business Research (JABR), 31(3), 1107. doi:10.19030/
jabr.v31i3.9236.
Obigbemi, I. F., Omolehinwa, E. O., Mukoro, D. O., Ben-Caleb, E., and Olusanmi, O. A. (2016). Earnings management and board structure: evidence from Nigeria. Sage Open, 6(3), 2158244016667992.
Ohlson, J. A. (1980). Financial Ratios and the Probabilistic Prediction of Bankruptcy. Journal of Accounting Research. 18(1), 109-131.
Thankom, G. A., Yousf, E. A., and Zakaria, A. A. (2015). Female directors and earnings management: Evidence from UK companies. International Review of Financial Analysis, 39(15), 137-146.
Waelchli, U., & Zeller, J. (2013). Old captains at the helm: Chairman age and firm performance. Journal of banking & finance, 37(5), 1612-1628.