تأثیر توانایی‌های مدیریت بر رابطۀ بین مدیریت سود واقعی و عملکرد آتی شرکت

نوع مقاله: مقاله علمی پژوهشی

نویسندگان

1 دانشیار گروه حسابداری، دانشکده مدیریت، دانشگاه تهران، تهران، ایران

2 دانشجوی دکتری حسابداری، دانشکده مدیریت و حسابداری، دانشگاه شهید بهشتی،تهران، ایران

چکیده

هدف پژوهش حاضر، بررسی تأثیر توانایی‌های مدیریت، به‌عنوان متغیر تعدیل‌کننده بر رابطۀ بین مدیریت سود واقعی و عملکرد آتی شرکت‌های پذیرفته‌شده در بورس اوراق بهادار تهران است. در این پژوهش به‎کمک داده‌های 107 شرکت از هفت صنعت طی سال‌های 1385 تا 1391، مدیریت سود واقعی سه معیار مدل روی چودهری (2006)، شامل جریان نقد عملیاتی غیرعادی، هزینه‌های اختیاری غیرعادی و هزینه‌های تولید غیرعادی، اندازه‎گیری‌ شده است. همچنین، توانایی‎های مدیریت با بهره‎مندی از مدل دمریجان، لیو و مک وی (2012) و روش تحلیل پوششی داده‌ها (DEA)سنجیده ‌شده است. نتایج پژوهش نشان می‌دهد بین مدیریت سود واقعی و عملکرد آتی شرکت رابطۀ منفی وجود دارد و توانایی‌های مدیریت این رابطۀ منفی را کاهش نمی‌دهد.

کلیدواژه‌ها


عنوان مقاله [English]

Influence Of Manager's Abilities On The Relation Between Real Earning Management And Future Firm Performance

چکیده [English]

The purpose of this study is to examine the influence of the manager's abilities as a moderating variable on the relation between real earnings management and the future firm performance among 107 listed companies in Tehran Stock Exchange (TSE) from 7 different industries for the period of 2006-2011. For measuring the real earnings management, the Roychowdhury (2006) model, which includes abnormal operating cash flow, abnormal discretionary expenses, and abnormal production costs, is used. The manager's abilities index is measured by Demerjian et al. (2012) model, using Data Envelope Analysis (DEA). The results show that there is a negative relation between real earnings management and the future firm performance; and the manager's abilities do not decrease this negative relationship.

کلیدواژه‌ها [English]

  • Data Envelope Analysis (DEA)
  • Future Firm Performance
  • Manager's Abilities
  • Real Earnings management
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