The Impact of Peer Performance on the Benford's Law and Cosmetic Earnings Management by aRelated Party

Advances in Mathematical Finance and Applications

مقالات آماده انتشار، پذیرفته شده، انتشار آنلاین از تاریخ 08 تیر 1402   

نوع مقاله: Research Paper

شناسه دیجیتال (DOI): 10.22034/amfa.2021.1906150.1472

نویسندگان

Somayeh Varmazyar^{* 1}؛ majid zanjirdar²؛ majid Davoudi Nasr³

¹Islamic Azad University Arak Branch

²professor azad university of arak

³Arak Islamic Azad University

چکیده

The present study aimed to assessthe impact of peer performance on the Benford's law and cosmetic earnings management (CEM) by a related party among declining and strong companies. The samplepopulation included all the companies that were involved in Tehran Stock Exchange(TSE)during2014-2018, and 114 companies were selected using the targeted method. This applied research was
performed with a correlational design. Data were acquired from financial
statements, balance sheets, and BourseMagazine. Data analysis was initially
performed using variance heterogeneity pretests, F-Limer test, Hausman test,
andJarque-Bera test,and the multivariate regression test was used to confirm or reject the research hypotheses in the EViews software. The results indicated that the impact of peer performance on CEM, cosmetics sales management, and profit management by the related party differedbetween thedeclining and strong
companies, which is consistent with the theory of agency costs.

کلیدواژه‌ها

Benford's Law؛ Cosmetics Earnings Management (CEM)؛ Profit Management by the Related Party؛ Peer Performance؛ Decliningand Strong Companies