IDEAS home Printed from https://ideas.repec.org/a/ids/injmfa/v7y2015i1p3-25.html
   My bibliography  Save this article

Internal governance mechanisms and value relevance of accounting earnings: an empirical study in the French context

Author

Listed:
  • Wafa Masmoudi Ayadi
  • Younes Boujelbène

Abstract

The objective of this study is to analyse the impact of internal governance mechanisms related to the board of directors, the audit committee and the ownership structure on the value relevance of accounting earnings in the French context. Using the method of Panel Corrected Standard Errors in the context of panel data, we find that the CEO duality and the existence of an audit committee have a negative effect on the value relevance of accounting earnings while the ownership concentration and the institutional ownership contribute to increase the value relevance of earnings. Furthermore, the empirical results show that leverage and growth have a positive effect on the value relevance.

Suggested Citation

  • Wafa Masmoudi Ayadi & Younes Boujelbène, 2015. "Internal governance mechanisms and value relevance of accounting earnings: an empirical study in the French context," International Journal of Managerial and Financial Accounting, Inderscience Enterprises Ltd, vol. 7(1), pages 3-25.
  • Handle: RePEc:ids:injmfa:v:7:y:2015:i:1:p:3-25
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=67512
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Hunjra, Ahmed Imran & Jebabli, Ikram & Thrikawala, Sujani Sudhara & Alawi, Suha Mahmoud & Mehmood, Rashid, 2024. "How do corporate governance and corporate social responsibility affect credit risk?," Research in International Business and Finance, Elsevier, vol. 67(PA).
    2. Francesco Caputo & Manlio Del Giudice & Federica Evangelista & Giuseppe Russo, 2016. "Corporate disclosure and intellectual capital: the light side of information asymmetry," International Journal of Managerial and Financial Accounting, Inderscience Enterprises Ltd, vol. 8(1), pages 75-96.
    3. Lee, Sang Mook & Bazel-Shoham, Ofra & Tarba, Shlomo Y. & Shoham, Amir, 2022. "The effect of economic freedom on board diversity," Journal of Business Research, Elsevier, vol. 149(C), pages 833-849.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:injmfa:v:7:y:2015:i:1:p:3-25. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=252 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.