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Investigating the Effect of Earnings Accuracy and stickiness on the Board of Directors bonus in Tehran Stock Exchange listed companies
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Sayed ali Vaez *1   , Amir hosein Montazer hojat1 , Rahim Bonabi ghadim1 |
| 1- Shahid Chamran University, Ahvaz |
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Abstract: (3905 Views) |
| Bonus programs are designed to reduce the agency problems caused by the separation of ownership from management. Hence, one of the important indicators of Bonus evaluation is the reported earnings accuracy and the stickiness of earning with Bonus, Which in this study for the earnings accuracy from earning management through accrual and manipulation activities in the form of increased profits, conditional conservatism, Expense matching and cash flow forecast precision, Has been used as an alternative variable. To test the assumptions, data related to the 121companies listed in Tehran Stock Exchange for the period 2009 to 2016 were used and the above mentioned data have been analyzed using multivariate regression and Panel data analysis method. The results show that bonus are Stickiness to the reported earnings. Increasing Abnormal accruals and conditional conservatism unlike the expected results and expense matching and cash flow forecast precision according In line with expectation of research, has a positive meaningful impact on bonus and manipulation activities in the form of increased profits according to the expectation of research, has a negative meaningful effect on Board of Directors bonus. |
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| Keywords: Conditional conservatism, Earning management, Board of Directors bonus, earnings accuracy, expense matching. |
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Full-Text [PDF 1168 kb]
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Type of Study: Research |
Subject:
Special
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