Muhasebe Politikası Seçimi: Pozitif Muhasebe Teorisi ve Ekonomik Belirleyiciler-Ampirik Bir Çalışma

Muhasebe politikaları, isletmelerin finansal sonuçları ve performansı üzerinde önemli bir etkiye sahiptir. Bu yüzden, muhasebe bilgi kullanıcılarının, isletmelerin muhasebe politikası seçimini hangi faktörlerin belirlediğini bilmesi gerekir. Bu çalısmanın amacı, Đstanbul Menkul Kıymetler Borsası’na kayıtlı halka açık sirketlerin 2005 yılı yıllık raporlarında yer alan 3 önemli muhasebe yöntemi ile ilgili açıklamalarını inceleyerek isletmelerin muhasebe politikası seçimini etkileyen ekonomik belirleyiciler hakkında delil sağlamaktır. Watts ve Zimmerman, isletme yönetiminin muhasebe politikası seçim davranıslarını açıklamak için üç hipotez ileri sürmüstür. Bunlar; borç / öz kaynaklar, büyüklük ve ikramiye ödeme planı hipotezleridir. Birçok ampirik çalısma, bu üç hipotezi doğrulamaktadır. Bununla birlikte, bu ampirik çalısmada, çoklu lojistik regresyon analizi sonuçları kaldıraç oranı, isletme büyüklüğü ve ikramiye ödeme planı gibi ekonomik belirleyicilerin Đstanbul Menkul Kıymetler Borsası’na kayıtlı halka açık sirketlerde isletme yönetiminin gelir artırıcı (azaltıcı) muhasebe politikası seçimini açıklamadığını göstermektedir.

Accounting Policy Choice: Positive Accounting Theory and Economic Determinants- An Empirical Study

Accounting policies has a great impact on financial results and performance of companies. Therefore, the users of accounting information must know which factors determine companies’ accounting policy choices. The aim of this study is to provide evidence for the economic determinants that may affect company’s accounting policy choices by examining three key accounting method disclosures in the 2005 annual reports of the publicly-held companies listed on the Istanbul Stock Exchange. Watts and Zimmerman proposed three hypotheses to explain the actions of management’s accounting policy choices; the debtequity hypothesis, the size hypothesis, and the bonus plan hypothesis. The most of empirical study confirmed the debt-equity hypothesis, the size hypothesis and the bonus plan hypothesis. However, in this empirical study, the results of multiple logistic regression analysis show that the economic determinants such as company’s leverage ratio, company’s size and bonus plan don’t explain the management’s income increasing (decreasing) accounting policy choice at publicly-held companies listed on the Istanbul Stock Exchange

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