تأثير آليات حوكمة الشركات على إدارة الأرباح: دراسة تطبيقية على شركات المساهمة السعودية

Abstract EN

The purpose of this study is to investigate the efficiency of corporate governance mechanisms in reducing earnings management (EM).

The researchers carried out this empirical study on a sample of (55) joint stock companies listed in the Saudi Stock Exchange.

Data was collected from the financial statements of the sample companies.

The study was carried out in two stages.

The first stage aimed to estimate the extent to which companies are using earnings management practices before and after the issuance of the Saudi Corporate Governance Regulations.

It also aimed to investigate the impact and the level of change in earnings management practices as a result of the application of the Saudi Corporate Governance Regulations.

The researchers used Modified Jones Model to calculate earnings management for two periods.

The first period extends from (2004 to 2006) and the second period extends from (2011 to 2013).

T-test was used to compare the differences in the means of the data sets.

It has been found that there were no statistically significant changes in the companies' practices before and after the issuance of the Saudi Corporate Governance Regulations.

The second stage of the study aimed to investigate the influence of some governance characteristics such the board size, board independence, audit committee size and the number of meetings of the audit committee on reducing earnings management for the year 2013.

The SPSS statistical software was used in this stage to carry out the analyses.

The results show that there were no statistically significant effects of the above-mentioned characteristics on earnings management.