Year: 2012
Type: article
Abstract: Family enterprises have been a major part of capital markets. By possessing most of their stock or being amember of the board, family members are considered the main decision makers in family businesses. Earningson the other hand have always been a performance indicator which is under management control, most oftenmanaged or manipulated.This research seeks to identify and compare earnings management between family andnon-family structured firms. After definingcriteria regarding family and non-family firms, 31 samples wereselected as family based and they were grouped in relevant industries according to Tehran Stock Exchangecategorization. Afterwards we randomly selected non-family firms from those industries with the sameproportion. To test the research hypothesis, Jones adjusted model (Dechow et al, 1995) and multivariableregression model were used. The results indicate a meaningful relation between earnings management andownership structure of firms where in average, non-family firms engagein earnings management more often thanfamily ones.
Authors: Bashir Ghabdian, Navid Attaran, Omid Froutan
Language: English
Subfield: Accounting
Domain: Social Sciences
Open Access status: hybrid
OpenAlex ID: W2060038566