The The Impact of company Characteristics on Financial Reporting Quality (An Empirical Study on Insurance Companies listed in Damascus Exchange Securities)
(An Empirical Study on Insurance Companies listed in Damascus Exchange Securities)
الملخص
The study aimed to test the impact of company size, growth, profitability, tangible assets and financial leverage on financial reporting quality. To achieve that goal; Secondary data was collected from the annual financial reports of six insurance companies listed on the Damascus Exchange Securities, and the study covered an 11-year period from 2010 to 2020. The study used cross-sectional data, and it was analyzed based on the E-views 10 program. The results showed that company size and profitability have a positive impact on financial reporting quality, which means that companies with large size and profitability are less inclined to practice earning management. financial leverage impact was negative and companies have to reduce its levels, but growth and tangible assets, were not statistically significant, so they didn’t affect financial reporting quality
References
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2- Chen, F; Li, Q; Wang, X. (2011). Financial Reporting Quality and Investment Efficiency of Private Firms in Emerging Markets. The accounting review, 86 (4), 1255-1288.
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8- Gomariz, M, Ballesta, J. (2014). Financial reporting quality, debt maturity and investment efficiency. Journal of Banking & Finance, 40 (2014), 494-506
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12- Ishak, R; Amran, N; Abdul Manaf, K. (2018). Firm Characteristics and Financial Reporting Quality: The Moderating Role of Malaysian Corporate Governance Index. The Journal of Social Sciences Research, Special Issue 6, 924-932.
13- Jensen, M; MECKLING, W. (1976). Theory of the firm: Managerial behavior, agency costs and ownership structure. Journal of Financial Economics, 3, 305–360.
14- Kantudu, A; Alhassan, I. (2022). Audit committee and financial reporting quality in listed non-financial firms in Nigeria. Arabian Journal of Business and Management Review (Kuwait Chapter), 11 (1), 6-14
15- Kolawole, O; Oladunni, A; Jimoh, I. (2021). Firm characteristics and financial reporting quality of listed consumable goods companies in Nigeria. Journal of Contemporary Issues in Accounting (JOCIA), 1 (1), 41-55
16- McKnight, P; Weir, C. (2008). Agency costs, corporate governance mechanisms and ownership structure in large UK publicly quoted companies: a panel data analysis. The Quarterly Review of Economics and Finance, 49 (2), 139-158.
17- Putri, C; Indriani, M. (2019). Firm Characteristics and Financial Reporting Quality: A Case of Property and Real Estate Companies listed in Indonesian Stock Exchange. Journal of Accounting Research, Organization and Economics, 2 (3), 193-202
18- Shehu, U; Musa, A. (2014). Firm attributes and earnings quality of listed Oil and Gas Companies in Nigeria. Research Journal of Finance and Accounting, 5 (17), 10-17
19- Soyemi, K; Olawale, L. (2019). Firm characteristics and financial reporting quality: evidence from non-financial firms in Nigeria. International Journal of Economics, Management and Accounting, 27 (2), 445-472
20- Subrahmanyam, A; Titman, S. (2001). Feedback from stock prices to cash flows. Journal of Finance, 56 (18), 2389-2413.
21- Yaotingting, Y. (2020). Nomination of directors, agency costs and investment efficiency. International Conference on Big Data Economy and Information Management (BDEIM).
22- Zhang, J; Skoogh, J; Swärd, P .(2015). The Impact of Tangible Assets on Capital Structure An analysis of Swedish listed companies. (Bachelor Thesis). Sweden, university of Gothenburg, School of Business, Economics and law.
2- حاتم، إياد؛ نصار، باسل؛ حريبا، سليمان. (2021). أثر الخصائص التنظيمية للمصارف في جودة الأرباح المحاسبية: دراسة تجريبية على المصارف المدرجة في سوق دمشق للأوراق المالية. مجلة جامعة تشرين- العلوم الاقتصادية والقانونية، 43 (1)، 233- 254
3- عبدلي، يمينة؛ درحمون، هلال. (2020). أثر جودة التقارير الماليّة على كفاءة القرار الاستثماري في الشركات الصناعية المدرجة في سوق عمان للأوراق الماليّة. مجلة الريادة لاقتصاديات الأعمال، 6 (3)، 97-109.
1- Biddle, G; Hilary, G; Verdi, R. (2009). How does reporting quality related to investment efficiency.? Journal of Accounting and Economics, 48, No. 2-3, 2009, 112–131.
2- Chen, F; Li, Q; Wang, X. (2011). Financial Reporting Quality and Investment Efficiency of Private Firms in Emerging Markets. The accounting review, 86 (4), 1255-1288.
3- Dechow, P; Dichev, I. (2002). The quality of accruals and earnings: the role of accrual estimation errors. The accounting review, 77, 35-59.
4- Egbunike, C; Okerekeoti, C. (2018). Macroeconomic factors, firm characteristics, and financial performance; A study of selected quoted manufacturing firms in Nigeria. Asian Journal of Accounting Research, 3 (2), 142-168.
5- Ekienabor, E; Oluwoleb, O. (2018). Reliability of Timeliness in Financial Reporting in Nigeria. International Journal of Research Publications, Available online at www.ijrp.org
6- Emawati, I; Budiasih, G. (2020). Effect of Financial Statements Quality on Information Asymmetry and Investment Efficiency as Moderating Variable in Mining Companies. Research Journal of Finance and Accounting, 11 (8), 25-32
7- Farouk, M; Magaji, I; Egga, K. (2019). Impact of Characteristics of Firm on Quality of Financial Reporting of Quoted Industrial Goods Companies in Nigeria. Amity Journal of Corporate Governance, 4 (2), 42-57
8- Gomariz, M, Ballesta, J. (2014). Financial reporting quality, debt maturity and investment efficiency. Journal of Banking & Finance, 40 (2014), 494-506
9- IASB. (2018). Conceptual framework for financial reporting- An overview. Retrieved from http://eifrs.ifrs.org/eifrs/UnaccompaniedConceptual
10- Ibrahim, H; Abubakar, I. Firm characteristics and financial reporting quality: evidence from listed consumer goods companies in Nigeria. Journal of accounting, 8 (1), 114-132
11- Isaac, B; Nana, Y. Amoah, E. (2020). Firm characteristics and CEO restricted stock sensitivity: evidence from SEOS. Academy of Accounting and Financial Studies Journal, 24 (1), 1-11
12- Ishak, R; Amran, N; Abdul Manaf, K. (2018). Firm Characteristics and Financial Reporting Quality: The Moderating Role of Malaysian Corporate Governance Index. The Journal of Social Sciences Research, Special Issue 6, 924-932.
13- Jensen, M; MECKLING, W. (1976). Theory of the firm: Managerial behavior, agency costs and ownership structure. Journal of Financial Economics, 3, 305–360.
14- Kantudu, A; Alhassan, I. (2022). Audit committee and financial reporting quality in listed non-financial firms in Nigeria. Arabian Journal of Business and Management Review (Kuwait Chapter), 11 (1), 6-14
15- Kolawole, O; Oladunni, A; Jimoh, I. (2021). Firm characteristics and financial reporting quality of listed consumable goods companies in Nigeria. Journal of Contemporary Issues in Accounting (JOCIA), 1 (1), 41-55
16- McKnight, P; Weir, C. (2008). Agency costs, corporate governance mechanisms and ownership structure in large UK publicly quoted companies: a panel data analysis. The Quarterly Review of Economics and Finance, 49 (2), 139-158.
17- Putri, C; Indriani, M. (2019). Firm Characteristics and Financial Reporting Quality: A Case of Property and Real Estate Companies listed in Indonesian Stock Exchange. Journal of Accounting Research, Organization and Economics, 2 (3), 193-202
18- Shehu, U; Musa, A. (2014). Firm attributes and earnings quality of listed Oil and Gas Companies in Nigeria. Research Journal of Finance and Accounting, 5 (17), 10-17
19- Soyemi, K; Olawale, L. (2019). Firm characteristics and financial reporting quality: evidence from non-financial firms in Nigeria. International Journal of Economics, Management and Accounting, 27 (2), 445-472
20- Subrahmanyam, A; Titman, S. (2001). Feedback from stock prices to cash flows. Journal of Finance, 56 (18), 2389-2413.
21- Yaotingting, Y. (2020). Nomination of directors, agency costs and investment efficiency. International Conference on Big Data Economy and Information Management (BDEIM).
22- Zhang, J; Skoogh, J; Swärd, P .(2015). The Impact of Tangible Assets on Capital Structure An analysis of Swedish listed companies. (Bachelor Thesis). Sweden, university of Gothenburg, School of Business, Economics and law.
منشور
2024-02-21
How to Cite
حيدرا., Dr. Haidar Haidar, & Dr. Afraa Ali. (2024). The The Impact of company Characteristics on Financial Reporting Quality (An Empirical Study on Insurance Companies listed in Damascus Exchange Securities). Journal of Hama University , 6(7). Retrieved from https://hama-univ.edu.sy/ojs/index.php/huj/article/view/1595
القسم
Economie
