The Impact of Shareholders Participation in Annual Meetings on Earnings Management and Financial Restatement

Document Type : Original Article

Author

• Masoumeh BehrouziYekta

Faculty of Economics and Administrative Sciences, Binaloud Institute of Higher Education, Binaloud, Iran

10.22067/ijaaf.2021.39503

Abstract

The current study aims to assess the impact of the shareholders' participation in annual meetingson earnings management and financial restatement. Research hypotheses were examined using a sample of 768 firm-years observations on the Tehran Stock Exchange during 2012-2017. By using the multivariate regression model. The results show a negative and significant relationship between shareholders' partnership in annual meetings and both accrual and real earnings management. Moreover, the results indicate a positive and significant relationship between the shareholders' participation in annual meetings and financial restatement.

Keywords

• Accrual-based earnings management
• Financial restatement
• Real earnings management
• Shareholders participation in annual meetings

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