The moderating role of dual-class shares and business group on the relationship between corporate governance and accounting conservatism in Turkey
The combination of corporate governance mechanisms, dual-class shares and business group attributes play a significant role on the level of adopting accounting conservatism. The objective of this study is to investigate the influence of corporate governance mechanisms (board of directors 'chara...
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my.uum.etd.95212022-06-26T01:15:39Z https://etd.uum.edu.my/9521/ The moderating role of dual-class shares and business group on the relationship between corporate governance and accounting conservatism in Turkey Mohammed, Nishtiman Hashim HD58.7 Organizational Behavior. HF5601-5689 Accounting HF5001-6182 Business HF5667 Professional Ethics. Auditors. The combination of corporate governance mechanisms, dual-class shares and business group attributes play a significant role on the level of adopting accounting conservatism. The objective of this study is to investigate the influence of corporate governance mechanisms (board of directors 'characteristics, audit committee characteristics and audit quality characteristics) on accounting conservatism and to further examine whether corporate governance mechanisms is moderated by dual-class shares and business groups attributes in Turkey. This study employed panel data approach for 146 firms listed on Istanbul Stock Exchange for the period from 201 1 to 2015. The findings show that board size, interlocking directorship, women on board, audit committee expertise, brand name auditor and industry specialist auditor have improved the adaption of accounting conservatism. Meanwhile, the findings indicate that board independence and audit committee independence are not associated with accounting conservatism. In terms of the moderating variables, the findings explain that dual-class shares negatively moderate the relationship between corporate governance and accounting conservatism. The findings reveal that business group attributes (social ties and group affiliation) have a negative impact on the association between corporate governance and accounting conservatism. The results show that the moderating variables have weakened board of directors', audit committee and audit quality to adopt accounting conservatism, which is unfavourable consequence for the minority shareholders. Therefore, this study suggests that regulators should have more stringent law enforcement to improve corporate governance in Turkey to accommodate the unique characteristics of dual-class shares and business group attributes, and offer a protected environment for minority shareholders. 2020 Thesis NonPeerReviewed text en https://etd.uum.edu.my/9521/1/permission%20to%20deposit-901230.pdf text en https://etd.uum.edu.my/9521/2/s901230_01.pdf text en https://etd.uum.edu.my/9521/3/s901230_02.pdf text en https://etd.uum.edu.my/9521/4/s901230_references.docx Mohammed, Nishtiman Hashim (2020) The moderating role of dual-class shares and business group on the relationship between corporate governance and accounting conservatism in Turkey. Doctoral thesis, Universiti Utara Malaysia. |
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HD58.7 Organizational Behavior. HF5601-5689 Accounting HF5001-6182 Business HF5667 Professional Ethics. Auditors. Mohammed, Nishtiman Hashim The moderating role of dual-class shares and business group on the relationship between corporate governance and accounting conservatism in Turkey |
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The combination of corporate governance mechanisms, dual-class shares and business group attributes play a significant role on the level of adopting accounting conservatism. The objective of this study is to investigate the influence of corporate governance mechanisms (board of directors 'characteristics, audit committee characteristics and audit quality characteristics) on accounting conservatism and to further examine whether corporate governance mechanisms is moderated by dual-class shares and business groups attributes in Turkey. This study employed panel data approach for 146 firms listed on Istanbul Stock Exchange for the period from 201 1 to 2015. The findings show that board size, interlocking directorship, women on board, audit committee expertise, brand name auditor and industry specialist auditor have improved the adaption of accounting conservatism. Meanwhile, the findings indicate that board independence and audit committee independence are not associated with accounting conservatism. In terms of the moderating variables, the findings explain that dual-class shares negatively moderate the relationship between corporate governance and accounting conservatism. The findings reveal that business group attributes (social ties and group affiliation) have a negative impact on the association between corporate governance and accounting conservatism. The results show that the moderating variables have weakened board of directors', audit committee and audit quality to adopt accounting conservatism, which is unfavourable consequence for the minority shareholders. Therefore, this study suggests that regulators should have more stringent law enforcement to improve corporate governance in Turkey to accommodate the unique characteristics of dual-class shares and business group attributes, and offer a protected environment for minority shareholders. |
format |
Thesis |
author |
Mohammed, Nishtiman Hashim |
author_facet |
Mohammed, Nishtiman Hashim |
author_sort |
Mohammed, Nishtiman Hashim |
title |
The moderating role of dual-class shares and business group on the relationship between corporate governance and accounting conservatism in Turkey |
title_short |
The moderating role of dual-class shares and business group on the relationship between corporate governance and accounting conservatism in Turkey |
title_full |
The moderating role of dual-class shares and business group on the relationship between corporate governance and accounting conservatism in Turkey |
title_fullStr |
The moderating role of dual-class shares and business group on the relationship between corporate governance and accounting conservatism in Turkey |
title_full_unstemmed |
The moderating role of dual-class shares and business group on the relationship between corporate governance and accounting conservatism in Turkey |
title_sort |
moderating role of dual-class shares and business group on the relationship between corporate governance and accounting conservatism in turkey |
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2020 |
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https://etd.uum.edu.my/9521/1/permission%20to%20deposit-901230.pdf https://etd.uum.edu.my/9521/2/s901230_01.pdf https://etd.uum.edu.my/9521/3/s901230_02.pdf https://etd.uum.edu.my/9521/4/s901230_references.docx https://etd.uum.edu.my/9521/ |
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13.18916 |