Earning management, institutional ownership and performance : evidence from Amman Stock Exchange
المؤلف
المصدر
Journal of Financial, Accounting and Managerial Studies
العدد
المجلد 6، العدد 2 (s) (31 ديسمبر/كانون الأول 2019)، ص ص. 161-186، 26ص.
الناشر
جامعة العربي بن مهيدي بأم البواقي مخبر المحاسبة المالية الجباية و التأمين
تاريخ النشر
2019-12-31
دولة النشر
الجزائر
عدد الصفحات
26
التخصصات الرئيسية
الموضوعات
الملخص EN
The study explores the effect of earning management and institutional ownership on the performance of Jordanian manufacturing companies listed on the Amman stock exchange (ASE).
The study sample included (46) manufacturing companies Out of a total of (63) companies listed on (ASE) over the five years period (2013-2017).
To test the study hypotheses and to achieve its objectives, data was obtained from Amman Stock Exchange (ASE) database and annual reports issued by Jordanian manufacturing public shareholding companies.
Thus, earning management (which have been extracted from the use of Jones Modified Model, to measure the discretionary accruals as a proxy for earning management) and institutional ownership are presented as independent variables, while the firm’s performance is articulated as the dependent variable using ROA, and ROE as performance measure.
In addition, two control variables that include firm’s size, and debt ratio.
The study reveals different results by using different performance measures.
When using the first model used (ROA) the results found that EM has no significant effect on return on assets and the direction of the relationship is negative.
Institutional investors do not affect return on assets and the direction of the relationship is positive.
However, when the second model (ROE) used the results found that EM has no significant effect on return on equity, and the direction of the relationship is negative.
Institutional investors have significant effect on return on equity and the direction of the relationship is positive.
Regarding control variables the results showed that both controlling variables are significant in return on assets and return on equity.
نمط استشهاد جمعية علماء النفس الأمريكية (APA)
al-Nusur, Usamah Jamal. 2019. Earning management, institutional ownership and performance : evidence from Amman Stock Exchange. Journal of Financial, Accounting and Managerial Studies،Vol. 6, no. 2 (s), pp.161-186.
https://search.emarefa.net/detail/BIM-909640
نمط استشهاد الجمعية الأمريكية للغات الحديثة (MLA)
al-Nusur, Usamah Jamal. Earning management, institutional ownership and performance : evidence from Amman Stock Exchange. Journal of Financial, Accounting and Managerial Studies Vol. 6, no. 2 (Special issue) (Dec. 2019), pp.161-186.
https://search.emarefa.net/detail/BIM-909640
نمط استشهاد الجمعية الطبية الأمريكية (AMA)
al-Nusur, Usamah Jamal. Earning management, institutional ownership and performance : evidence from Amman Stock Exchange. Journal of Financial, Accounting and Managerial Studies. 2019. Vol. 6, no. 2 (s), pp.161-186.
https://search.emarefa.net/detail/BIM-909640
نوع البيانات
مقالات
لغة النص
الإنجليزية
الملاحظات
Includes bibliographical references : p. 182-186
رقم السجل
BIM-909640
قاعدة معامل التأثير والاستشهادات المرجعية العربي "ارسيف Arcif"
أضخم قاعدة بيانات عربية للاستشهادات المرجعية للمجلات العلمية المحكمة الصادرة في العالم العربي
تقوم هذه الخدمة بالتحقق من التشابه أو الانتحال في الأبحاث والمقالات العلمية والأطروحات الجامعية والكتب والأبحاث باللغة العربية، وتحديد درجة التشابه أو أصالة الأعمال البحثية وحماية ملكيتها الفكرية. تعرف اكثر