DENETİM KALİTESİ VE KAZANÇ YÖNETİMİ: TÜRKİYE’YE İLİŞKİN BULGULAR

Kazanç yönetimi iş dünyasında en fazla tartışılan konular arasındadır. Kazançların değer ilgililiği kazanç yönetiminden olumsuz olarak etkilenmektedir. Bu çalışmanın amacı, denetim kalitesi ve kazanç yönetimi arasındaki ilişkiyi Borsa İstanbul’a kote olan şirketler açısından analiz etmektir. Denetim kalitesi ve kazanç yönetimi arasındaki ilişki sıradan en küçük kareler yöntemi kullanılarak analiz edilmektedir. 2013-2018 yıllarını kapsayan ve Borsa İstanbul’a kote olan 97 reel sektör firmasının verilerinden yararlanarak denetim kalitesinin üç göstergesi (denetçi bağımsızlığı, denetçinin sektörel uzmanlığı ve denetim firmasının müşteri firmaya hizmet süresi) sıradan en küçük kareler yöntemi kullanılarak analiz edilmektedir. Sıradan en küçük kareler yönteminin sonuçlarına göre; denetçi bağımsızlığı ve denetçinin sektörel uzmanlığı kazanç yönetimini önemli derecede azaltmaktadır ve denetim firması ile müşteri firma arasındaki uzun süreli ilişki, müşteri firmanın daha yoğun bir şekilde kazanç yönetimini uygulamasına yol açmaktadır. Bunlara ek olarak, bağımsız denetiminin kalitesinin yüksek olması firmaların kazanç yönetimi uygulamalarını önemli derecede azaltmaktadır.

AUDIT QUALITY AND EARNINGS MANAGEMENT: EVIDENCE FROM TURKEY

Earnings management is one of the controversial issues in the current business environment. The valuerelevance of earnings is adversely influenced by earnings management. The objective of this study is toanalyze the association between audit quality and earnings management for non-financial firms quoted onBorsa Istanbul. Ordinary least square regression analysis is employed in this study in analyzing the associationbetween earnings management and audit quality. Three different proxies for audit quality (auditorindependence, audit industry specialization and auditor tenure) were analyzed based on a sample of 97 nonfinancial firms quoted on Borsa Istanbul from 2013 to 2018. Empirical analysis indicates that auditorindependence and audit industry specialization are significantly negatively related with likelihood of earningsmanagement and long-term auditor and client relationship enables the management of firms to more activelyengage in earnings management. This paper finds support for the notion that the high-quality audit is one ofthe prominent factors that can mitigate earnings management practices.

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