Does Morocco need governance reforms ? evidence of earnings management at the Casablanca stock exchange

مقدم أطروحة جامعية

Hardumi, Zaynab

الجامعة

جامعة الأخوين

الكلية

كلية إدارة الأعمال

دولة الجامعة

المغرب

الدرجة العلمية

ماجستير

تاريخ الدرجة العلمية

2008

الملخص الإنجليزي

This paper attempts to examine whether Moroccan firms disclose their information properly or not.

Using annual estimates of discretionary accruals, we document that Moroccan firms significantly managed their earnings during the sample period between 2001 and 2006.

Our results show that earnings management significantly increased during the later part of our sample period, i.e.

during 2005 and 2006 when the market was booming.

We also attempt to show whether earnings management practices are related to factors such as size of the firm, industry in which it operates in, accounting standards, and foreign ownership.

Our results show that foreign owned firms disclose information significantly better than the local owned firms.

We also show that earnings management practices were significant in almost all industrial sectors.

All of these finding point towards relatively poor information disclosure standards as well as lax regulatory environment in Morocco.

We, therefore, propose that regulatory authorities should improve their monitoring of the Moroccan firms in order to improve disclosure practices

التخصصات الرئيسية

إدارة الأعمال

عدد الصفحات

26

قائمة المحتويات

• APA
• MLA
• AMA

لغة النص

الإنجليزية

نوع البيانات

رسائل جامعية

رقم السجل

BIM-628291