Assessment of Methods Used by Managers’ Authorities in Different Stages of Financial Distress for Firms listed in Tehran Stock Exchange

This study aims to investigate how managers’ authorities be used at three events of the possibility of: distress is low, financial distress and, distress is high, in the companies listed in the Tehran Stock Exchange, TSE,. To test the hypotheses, information from 855 firm-years in a five year period...

Descripción completa

Guardado en:

Detalles Bibliográficos
Autores principales:	Ahmad Ahmadpour, Maesomeh Shahsavari
Formato:	article
Lenguaje:	FA
Publicado:	Shahid Bahonar University of Kerman 2015
Materias:	discretionary accruals financial distress low financial distress high financial distress earnings management Accounting. Bookkeeping HF5601-5689
Acceso en línea:	https://doaj.org/article/b55537a1aec2403ea34fa1cdd4e113eb
Etiquetas:	Agregar Etiqueta Sin Etiquetas, Sea el primero en etiquetar este registro!

id	oai:doaj.org-article:b55537a1aec2403ea34fa1cdd4e113eb
record_format	dspace
spelling	oai:doaj.org-article:b55537a1aec2403ea34fa1cdd4e113eb2021-11-04T19:47:29ZAssessment of Methods Used by Managers’ Authorities in Different Stages of Financial Distress for Firms listed in Tehran Stock Exchange2008-89142476-292X10.22103/jak.2015.883https://doaj.org/article/b55537a1aec2403ea34fa1cdd4e113eb2015-03-01T00:00:00Zhttps://jak.uk.ac.ir/article_883_6146e6c8b907ca692a8c822bc553e002.pdfhttps://doaj.org/toc/2008-8914https://doaj.org/toc/2476-292XThis study aims to investigate how managers’ authorities be used at three events of the possibility of: distress is low, financial distress and, distress is high, in the companies listed in the Tehran Stock Exchange, TSE,. To test the hypotheses, information from 855 firm-years in a five year period 1386 to 1390 were classified into three groups, using the predict bankruptcy model of Altman. In this model, manipulation of accruals was measured by Kaznyk model (1999). The results of estimation and hypotheses tests from unbalanced panel data regression model suggest that there exists efficient use of earnings management in the companies in the TSE. In other words, the TSE managers in different states of distress, to illustrate a better situation of financial state, manipulate accounting profits declining, using discretionary accruals. Also, at the event of increasing the possibility of financial distress, the level of manipulation of accounting earnings by managers increases.Ahmad AhmadpourMaesomeh ShahsavariShahid Bahonar University of Kermanarticlediscretionary accrualsfinancial distresslow financial distresshigh financial distressearnings managementAccounting. BookkeepingHF5601-5689FAمجله دانش حسابداری, Vol 5, Iss 19, Pp 27-50 (2015)
institution	DOAJ
collection	DOAJ
language	FA
topic	discretionary accruals financial distress low financial distress high financial distress earnings management Accounting. Bookkeeping HF5601-5689
spellingShingle	discretionary accruals financial distress low financial distress high financial distress earnings management Accounting. Bookkeeping HF5601-5689 Ahmad Ahmadpour Maesomeh Shahsavari Assessment of Methods Used by Managers’ Authorities in Different Stages of Financial Distress for Firms listed in Tehran Stock Exchange
description	This study aims to investigate how managers’ authorities be used at three events of the possibility of: distress is low, financial distress and, distress is high, in the companies listed in the Tehran Stock Exchange, TSE,. To test the hypotheses, information from 855 firm-years in a five year period 1386 to 1390 were classified into three groups, using the predict bankruptcy model of Altman. In this model, manipulation of accruals was measured by Kaznyk model (1999). The results of estimation and hypotheses tests from unbalanced panel data regression model suggest that there exists efficient use of earnings management in the companies in the TSE. In other words, the TSE managers in different states of distress, to illustrate a better situation of financial state, manipulate accounting profits declining, using discretionary accruals. Also, at the event of increasing the possibility of financial distress, the level of manipulation of accounting earnings by managers increases.
format	article
author	Ahmad Ahmadpour Maesomeh Shahsavari
author_facet	Ahmad Ahmadpour Maesomeh Shahsavari
author_sort	Ahmad Ahmadpour
title	Assessment of Methods Used by Managers’ Authorities in Different Stages of Financial Distress for Firms listed in Tehran Stock Exchange
title_short	Assessment of Methods Used by Managers’ Authorities in Different Stages of Financial Distress for Firms listed in Tehran Stock Exchange
title_full	Assessment of Methods Used by Managers’ Authorities in Different Stages of Financial Distress for Firms listed in Tehran Stock Exchange
title_fullStr	Assessment of Methods Used by Managers’ Authorities in Different Stages of Financial Distress for Firms listed in Tehran Stock Exchange
title_full_unstemmed	Assessment of Methods Used by Managers’ Authorities in Different Stages of Financial Distress for Firms listed in Tehran Stock Exchange
title_sort	assessment of methods used by managers’ authorities in different stages of financial distress for firms listed in tehran stock exchange
publisher	Shahid Bahonar University of Kerman
publishDate	2015
url	https://doaj.org/article/b55537a1aec2403ea34fa1cdd4e113eb
work_keys_str_mv	AT ahmadahmadpour assessmentofmethodsusedbymanagersauthoritiesindifferentstagesoffinancialdistressforfirmslistedintehranstockexchange AT maesomehshahsavari assessmentofmethodsusedbymanagersauthoritiesindifferentstagesoffinancialdistressforfirmslistedintehranstockexchange
_version_	1718444613702778880

Assessment of Methods Used by Managers’ Authorities in Different Stages of Financial Distress for Firms listed in Tehran Stock Exchange

Ejemplares similares