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The Effect of Board Director’s Characteristics on Real Earnings Management: Tunisian-Listed Firms

Author

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  • Jamel Chouaibi

    (University of Sfax)

  • Moez Harres

    (University of Sfax)

  • Najet Ben Brahim

    (University of Sfax)

Abstract

The present research is focused on studying the effect of board director’s characteristics on the real earnings management (management sales manipulation proxy) measured by the abnormal level of operating cash flows. Our empirical study has been conducted on a sample of 29 Tunisian-listed companies over the period ranging from 2009 to 2013. The study finds a negative impact of board size, board independence, and board meetings on the sales manipulation. Concerning the CEO chairman duality, the results show no association with the level of sales management. This leads us to conclude that the board of directors seems to have a significant effect on delimiting the sales management practice.

Suggested Citation

  • Jamel Chouaibi & Moez Harres & Najet Ben Brahim, 2018. "The Effect of Board Director’s Characteristics on Real Earnings Management: Tunisian-Listed Firms," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 9(3), pages 999-1013, September.
    • Handle: RePEc:spr:jknowl:v:9:y:2018:i:3:d:10.1007_s13132-016-0387-3
    DOI: 10.1007/s13132-016-0387-3
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    Cited by:

    1. Anh Huu Nguyen & Thu Minh Thi Vu & Quynh Truc Thi Doan, 2020. "Corporate Governance and Stock Price Synchronicity: Empirical Evidence from Vietnam," IJFS, MDPI, vol. 8(2), pages 1-13, April.
    2. Saeed Siyal, Waqas Ahmed, Muhammad Musa Kaleem, Lulu Wang, 2020. "Determinants of Real Earning Management: A Study in Public Listed Companies in Pakistan Stock Exchange," Journal of Finance and Economics Research, Geist Science, Iqra University, Faculty of Business Administration, vol. 5(2), pages 96-111, October.
    3. Sattar Khan & Yasir Kamal & Muhammad Abbas & Shahid Hussain, 2022. "Board of directors and earnings manipulation: evidence from regulatory change," Future Business Journal, Springer, vol. 8(1), pages 1-22, December.
    4. Eman F. Attia & Tariq H. Ismail & Messaoud Mehafdi, 2022. "Impact of board of directors attributes on real-based earnings management: further evidence from Egypt," Future Business Journal, Springer, vol. 8(1), pages 1-22, December.

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    More about this item

    Keywords

    Board of directors; Real earnings management; Sales manipulation;
    All these keywords.

    JEL classification:

    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

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