The moderating role of women in the audit committee and effectiveness of expertise Committee Members to Earnings management

Document Type : Original Article

Author

Assistant Professor of Accounting, pardis Branch, Islamic Azad University, Tehran, Iran.

Abstract

The Target of This study is Investigating Effectiveness of Gender and Financial specializationTo Earnings management in Tehran Stock Exchange. It is practical in terms of purpose and By gathering evidence From organizational citation in the form of expost factor and Solidarity. Statistical Society is  Accepted companiesin Tehran Stock Exchange by 144 companies from 2016-2021.  The findings showed that Gender in Audit Committee have not significant relationship with Earnings managemen but Expertise Committee Members have significant relationship with Earnings managemen. Concolusion show that women with Expertise have significant relationship on Earnings managemen.The Results of the Research Indicate that Gender and Expertise Committee Members in Audit Committee Influence to Earnings management.

Keywords


انتظاریان، ناهید، (1392)، تاثیر بازار سرمایه بر بهبود فضای کسب و کار کشور، ماهنامه اجتماعی، اقتصادی، علمی و فرهنگی کار و جامعه - شماره 174.
پور کاظمی، سید پوریا، غلامرضا پور محمد،عرب روح الله و رضا شمگانی(۱۴۰۰)، تاثیر جنسیت شریک موسسه حسابرسی بر ریسک سقوط آتی قیمت سهام، پژوهشهای حسابرسی حرفه ای، شماره ۴.
تاری‌ وردی،‌ یداله‌ و‌ قادری،‌ صلاح‌ الدین.‌ (1396). بررسی‌ تاثیر‌ نقش‌ تخصص‌ مالی‌ کمیته‌ حسابرسی‌ بر‌ نگرش‌ کوتاه مدت‌ مدیران،‌ مطالعات‌ تجربی‌ حسابداری‌ مالی،‌ دوره‌ 14،‌ شماره‌ 54.
ثقفی، علی؛ برزیده، فرخ و طالبی نجف آبادی، عبدالحسین، (1395)، بررسی رابطه بین تشکیل کمیته حسابرسی با از مؤسسان بودن مدیر عامل، اندازه و استقلال هیأت مدیره در شرکت‌های عرضه اولیه شده در بورس اوراق بهادار تهران، تحقیقات حسابداری و حسابرسی، دوره 8، شماره 31.
جامعی،‌ رضا‌ و‌ رستمیان،‌ آزاده.‌ (1395).‌ تاثیر‌ تخصص‌ مالی‌ اعضای‌ کمیته‌ حسابرسی‌ بر‌ ویژگی‌های‌ سود‌ پیش‌بینی‌ شده،‌ پژوهش‌های‌ حسابداری‌ مالی‌ و‌ حسابرسی،‌ دوره‌ 8،‌ شماره‌ 29.
خراشادی، محمد؛ مرادی، محمدعلی و پایان، علی، (1398)، اثر حضور زنان در افزایش اثربخشی کمیتة حسابرسی: شواهدی از هزینه‌های نمایندگی و خطر ورشکستگی در بورس اوراق بهادار تهران، زن در توسعه و سیاست، دورة 17، شمارة 3.
رضائی پیته نوئی، یاسر؛ محسنی، خدیجـه، (1397)، بررسـی ارتبـاط بـین حضـور زنـان در هیئت مدیره و ضعف کنترل داخلی، شواهدی از شرکتهای پذیرفته شده در بـورس اوراق بهادار تهران، زن در توسعه و سیاست، شماره 3، ص 439ـ45.
کرمی، غلام مرضا؛ فرجی، امید و رحیم زاده، امین، (1397)، تخصص کمیته حسابرسی و مدیریت انتظارات، پژوهشهای حسابداری مالی سال دهم، شماره اول، پیاپی 35.
لاری‌ دشت‌ بیاض؛ محمود، قناد، مصطفی و‌ فکور، حسین،.‌ (1397)،‌ ویژگیهای کمیته حسابرسی و تأخیر در گزارش حسابرسی،‌ بررسی‌های‌ حسابداری‌ و‌ حسابرسی،‌ سال‌دهمُ، شماره‌73 .
معینیان، حسن؛ حیدریان، محسن و معینیان، حسین، (1398)، نقش تجربه و تخصص مالی اعضای کمیته حسابرسی بر کیفیت سود، فصلنامه رویکردهای پژوهشی نوین در مدیریت و حسابداری، سال سوم، شماره 23.
مهام، کیهان؛  علی پور، سعید و طالبی، بهمن، (1394)، رابطه مدیریت سود با عملکرد بازار شرکت‌های توزیع کننده سود سهمی، پژوهش‌های تجربی حسابداری، دوره 5، شماره 2 - شماره پیاپی 18.
 
Adams, R.B. and Ferreia, D. (2009) Women in the Boardroom and Their Impact on Governance. Journal of Financial Economics, 94, 291-309.
Alqatamin, R.M. (2418). Audit Committee Effectiveness and Company Performance: Evidence from Jordan. Accounting and Finance Research, 7(2), 08.
Arun, T. G., Almahrog, Y. E., & Aribi, Z. A. (2015). Female directors and earnings management: Evidence from UK companies. International review of financial analysis, 39, 137-146.
Arun, T. G., Almahrog, Y. E., & Aribi, Z. A. (2015). Female directors and earnings management: Evidence from UK companies. International review of financial analysis, 39, 137-146.
Bilal, Z. O., Twafik, O. I., & Bakhit, A. K. (2018). The Influence of Internal Auditing on Effective Corporate Governance in the Banking Sector in Oman. European Scientific Journal, ESJ, 14(7).
Carter, D.A., Simkins, B.J. and Simpson, W.G. (2003), ‘Corporate Governance, Board Diversity, and Firm Value. Financial Review, 38 (1): 33–53.
Entezarian, Nahid(2013), Effective Capital market on Bussinece Process management , Montely Social, Economic, Science and Job Cultural and society, no 174.[in Persian]
Fogarassy, C., Neubauer, É., Mansur, H., Tangl, A., Oláh, J., & Popp, J. (2018). The main transition management issues and the effects of environmental accounting on financial performance–with focus on cement industry. Administratie si Management Public(31), 52-66.
GAO, Y. (2018). Board gender diversity, earnings quality and stock price informativeness. American Journal of Industrial and Business Management, 8(2), 306-312.
Gull, A. A., Nekhili, M., Nagati, H., & Chtioui, T. (2018). Beyond gender diversity: How specific attributes of female directors affect earnings management. The British Accounting Review, 50(3), 255-274.
Habib, A., & Bhuiyan, M. B. U. (2011). Audit firm industry specialization and the audit report lag. Journal of international accounting, auditing and taxation, 20(1), 32-44.
Huang, J.C. and Sheng, M.Q. (2013) Do Executive Background Features Have Information Content. Management World, 9, 144-171.
Huang, J.K. and Kisgen, D.J. (2013) Gender and Corporate Finance—Are Male Executives Overconfident Relative to Female Executives. Journal of Financial Economics, 108, 822-839.
Jakub, S., Viera, B., & Eva, K. (2015). Economic Value Added as a measurement tool of financial performance. Procedia Economics and Finance, 26, 484-489.
Jameie Reza and Rostamian Azadeh(2016), Effectiveness of Financial Expertise Member of Auditing Committee on Featurs Expected Profit ,Researches of Auditing and Financial , no 8(29). [in Persian]
Karami gholamreza, Faraji Omid and Rahimzadeh Amin(2018), Expertise of the Audit Committee and Expectations Management, Researches of Auditing and Financial, First Year, no 35. [in Persian]
Kauhanen, A. (2017). Gender differences in corporate hierarchies. IZA World of Labor.  
Kharashedi Mohammad, Moradi Mohammadali and Payani(2019), The Effect of Female Presence on Increase in the Effectiveness of the Audit Committee: Evidence from Agency Costs and Bankruptcy Risk in the Tehran Stock Exchange, Women in Development and Politics, no 17(3).
Klein, A. (2002). Audit committee, board of director characteri ics and earnings management. Journal of Accounting and Economics 33 (3), 375–400.
Kogut, B., Colomer, J. and Belinkys, M. (2014) Structural Equality at the Top of the Corporation—Mandated Quotas for Women Directors. Strategic Management Journal, 35, 891-902.
Kothari, S. P., Mizik, N., & Roychowdhury, S. (2016). Managing for the moment: The role of earnings management via real activities versus accruals in SEO valuation. The Accounting Review, 91(2), 559-586.
Lari dasht biyaz, Ghand Mostafa and Fakoor Hossein(2018), investigate the relationship between the features of the audit committee and timely audit reports, 10th year, no 73. [in Persian]
Maham Keyhan, Alipour Saeed and Talebi Bahman(2015), Earnings Management and the Market Performance of Stock Dividend Distributing Firms, JOURNAL OF EMPIRICAL RESEARCH IN ACCOUNTING, no 5(18). [in Persian]
Moenian Hassan, heidarian Mohsen and Moeinian Hossein(2019), The Role of Audit Committee Members' Experience and Financial Expertise on Earnings Quality, Journal of New Research Approaches in Management and Accounting, 3th year, no 23. [in Persian]
Niederle, M., & Vesterlund, L. (2007). Do women shy away from competition? Do men compete too much? The quarterly journal of economics, 122(3), 1067-1101.
Nielsen, S., & Huse, M. (2010). The contribution of women on boards of directors: Going beyond the surface. Corporate governance: An international review, 18(2), 136-148.
Nielsen, S., & Huse, M. (2010). The contribution of women on boards of directors: Going beyond the surface. Corporate governance: An international review, 18(2), 136-148.
Popescu, G. H. (2018). Participation in the sharing economy: Labor, exchange, and consumption. An empirical analysis. Journal of Self-Governance and Management Economics, 6(1), 122-127.
Pour Kazemi Pouriya, Gholamrezapour Mohammad, Arab Rohollah and Shamgani Reza(2021), The effect of Audit partners gender on the future stock price crash risk, Journal of Professional Auditing Research, no 4.[in Persian]
Rezaee noee, Yaser and Mohseni Khadijeh(2018), The Relationship between Board Gender Diversity and Internal Control Weaknesses in the Tehran Stock Exchange, Women in Development and Politics, no 3. [in Persian]
Saghafi Ali, Najaf Abadi Talebi Abdolhosein(2016), Investigation on Relation between constitutions of auditing committee with manager being among the founders, size and independence of Board of Directors in initial release companies, Accounting Research, no 8(31). [in Persian]
Strakova, L. (2020). Earnings management in global background. Paper presented at the SHS Web of Conferences.
Tariverdi Yadollah und Ghaderi Salahedin(2017), Investigation of The Role of Financial Expert Auditing Commite on Short time Attitude of Management, Emperial Study of Financial Accounting, no 14(54). [in Persian]
Valaskova, K., Bartosova, V., & Kubala, P. (2019). Behavioural aspects of the financial decision-making. Organizacija, 52(1), 22-31.
Valaskova, K., Kliestik, T., & Kovacova, M. (2018). Management of financial risks in Slovak enterprises using regression analysis. Oeconomia Copernicana, 9(1), 105-121.