Διαχείριση κερδών και εταιρική διακυβέρνηση
Πουλημένος, Νικόλαος Παναγιώτης
KeywordsΔιαχείριση κερδών ; Εταιρική διακυβέρνηση ; Διεθνή λογιστικά πρότυπα ; Eπιχειρηματικοί συνεργατικοί σχηματισμοί ; Earnings management ; Corporate governance ; International accounting standards ; Clusters
Purpose: The purpose of this thesis was to investigate, both bibliographically and via research, the incentives and the earnings management methods, as well as the ways of combating the latter within businesses. Specifically, the relationship between earnings management and corporate governance was investigated as a method of limiting and addressing the phenomenon. Design / methodology / approach: The research method applied in the present thesis was the quantitative research method and the research tool was a properly designed questionnaire, which was distributed to a sample of private companies that participated in clusters of Greece through simple random sampling. The responses received were analyzed in SPSS in order to draw useful conclusions and answer the questions raised at the beginning of the survey. Findings: From the research conducted, useful conclusions were drawn. The main incentives for earnings management were access to capital markets, facilitation of new loan agreements, satisfaction of contract terms and the need to meet personal goals. Regulatory compliance settings did not appear to be an incentive to earnings management. Also, earnings management can be overcome by applying more rigorous corporate governance frameworks, better control and by ensuring the independence of external control. With regard to the imposition of sanctions, either on executives who use such practices or on external control when earnings management phenomena are deliberately not detected, the respondents stressed that it is an effective practice to combat the phenomenon. Finally, according to our sample, it was pointed out that the separation between executives' remuneration and the company's profits are related to measures that can combat earnings management. Originality / value: The value of this study is based on the frequency of observing earnings management phenomena, but also scandals in the business environment and the increased interest of the scientific community in studying this major issue.