تلخیص
The current research inspects the influence of corporate governance
and product market competition on earnings management practices in
the emerging Pakistani economy. For this purpose, the study has
analyzed a sample of 84 non-financial companies from 2010 to 2015
listed on Pakistan Stock Exchange. In order to address the issues of
endogeneity among the variables of the research, dynamic GMM model
has been employed for the analysis. The results show that corporate
governance variable i.e. corporate board size, independent directors,
board meeting and audit quality are negatively coupled with
discretionary accruals. However, the institutional ownership and CEO
duality have positive association with discretionary accruals.
Furthermore, the product market competition is significantly and
positively related with discretionary accruals. Hence, it is concluded
that corporate governance and product market competition have
significant influence on earnings management practices in Pakistan.
This research work may help the practitioners, regulators and
Government to boost the compliance of financial reports with better
corporate governance mechanism which may improve consistency of
financial reports.
Tasneem Sajjad, Nasir Abbas, Dr. Shahzad Hussain, Dr. SabeehUllah, Abdul Waheed. (2019) The impact of Corporate Governance, Product Market Competition on Earning Management Practices , Journal of Managerial Sciences, Volume 13, Issue 2.
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