Corporate governance and real earnings management in Malaysian public listed firms

The requirement for an enhanced quality of financial reportage has become a crucial challenge for investors and other stakeholders owing to the financial scandal experienced in Malaysian nonfinancial establishments. Connected to this issue, this study investigates whether corporate governance mechan...

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Main Author:	Adam, Mohamed Hassan
Format:	Thesis
Language:	eng eng
Published:	2020
Subjects:	HD2709-2930.7 Corporations HG Finance
Online Access:	https://etd.uum.edu.my/10301/1/depositpermission_s824035.pdf https://etd.uum.edu.my/10301/2/s824035_01.pdf
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id	my-uum-etd.10301
record_format	uketd_dc
spelling	my-uum-etd.103012023-02-09T02:30:20Z Corporate governance and real earnings management in Malaysian public listed firms 2020 Adam, Mohamed Hassan Azhari, Adilah School of Economics, Finance & Banking School of Economics, Finance & Banking HD2709-2930.7 Corporations HG Finance The requirement for an enhanced quality of financial reportage has become a crucial challenge for investors and other stakeholders owing to the financial scandal experienced in Malaysian nonfinancial establishments. Connected to this issue, this study investigates whether corporate governance mechanisms (board structure and ownership structure) have an impact on real earnings management (REM) practices in non-financial organizations in Malaysia. The unit of analysis of this research is 30 non-financial establishments listed in the Malaysian stock exchange covering the period 2012 to 2019. Data on board structure (board size, board meeting frequency, female director, CEO tenure, and independent directors) and ownership structure (block ownership, foreign ownership, family ownership, and managerial ownership) are utilized in examining their relationship with REM. Applying panel data, the multiple regression analysis is used to identify the relationship amongst internal corporate governance mechanisms with REM. The outcome demonstrated a positive significant relationship among board size, as well as block ownership with REM. Whilst CEO tenure and foreign ownership showed a positive but insignificant relationship with REM. Nevertheless, there exist a negative significant relationship among the frequency of board meeting and independent directors with REM, Equally, female directors, family ownership, and managerial ownership have a negative insignificant relationship with REM. The outcome is fundamental to regulators, investors, policymakers as well as other stakeholders, as the results of this research acknowledged the vital role performed by both board and ownership structure in improving the quality of financial reporting. 2020 Thesis https://etd.uum.edu.my/10301/ https://etd.uum.edu.my/10301/1/depositpermission_s824035.pdf text eng staffonly https://etd.uum.edu.my/10301/2/s824035_01.pdf text eng public other masters Universiti Utara Malaysia
institution	Universiti Utara Malaysia
collection	UUM ETD
language	eng eng
advisor	Azhari, Adilah
topic	HD2709-2930.7 Corporations HG Finance
spellingShingle	HD2709-2930.7 Corporations HG Finance Adam, Mohamed Hassan Corporate governance and real earnings management in Malaysian public listed firms
description	The requirement for an enhanced quality of financial reportage has become a crucial challenge for investors and other stakeholders owing to the financial scandal experienced in Malaysian nonfinancial establishments. Connected to this issue, this study investigates whether corporate governance mechanisms (board structure and ownership structure) have an impact on real earnings management (REM) practices in non-financial organizations in Malaysia. The unit of analysis of this research is 30 non-financial establishments listed in the Malaysian stock exchange covering the period 2012 to 2019. Data on board structure (board size, board meeting frequency, female director, CEO tenure, and independent directors) and ownership structure (block ownership, foreign ownership, family ownership, and managerial ownership) are utilized in examining their relationship with REM. Applying panel data, the multiple regression analysis is used to identify the relationship amongst internal corporate governance mechanisms with REM. The outcome demonstrated a positive significant relationship among board size, as well as block ownership with REM. Whilst CEO tenure and foreign ownership showed a positive but insignificant relationship with REM. Nevertheless, there exist a negative significant relationship among the frequency of board meeting and independent directors with REM, Equally, female directors, family ownership, and managerial ownership have a negative insignificant relationship with REM. The outcome is fundamental to regulators, investors, policymakers as well as other stakeholders, as the results of this research acknowledged the vital role performed by both board and ownership structure in improving the quality of financial reporting.
format	Thesis
qualification_name	other
qualification_level	Master's degree
author	Adam, Mohamed Hassan
author_facet	Adam, Mohamed Hassan
author_sort	Adam, Mohamed Hassan
title	Corporate governance and real earnings management in Malaysian public listed firms
title_short	Corporate governance and real earnings management in Malaysian public listed firms
title_full	Corporate governance and real earnings management in Malaysian public listed firms
title_fullStr	Corporate governance and real earnings management in Malaysian public listed firms
title_full_unstemmed	Corporate governance and real earnings management in Malaysian public listed firms
title_sort	corporate governance and real earnings management in malaysian public listed firms
granting_institution	Universiti Utara Malaysia
granting_department	School of Economics, Finance & Banking
publishDate	2020
url	https://etd.uum.edu.my/10301/1/depositpermission_s824035.pdf https://etd.uum.edu.my/10301/2/s824035_01.pdf
_version_	1776103785715728384

Corporate governance and real earnings management in Malaysian public listed firms

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