Effect of Ownership Structure on Earnings Management of Listed Industrial Goods Companies in Nigeria
Journal Title: IOSR journal of Business and Management - Year 2019, Vol 21, Issue 1
Abstract
This study examined the effect of ownership structure on earnings management of listed industrial goods companies in Nigeria from 2008 to 2017. The study adopted Ex-post facto research design and panel regression model was used to analyze the data. The results revealed thatdomestic institutional ownership has positive significant effects on earnings management, foreign institutional ownership has positive insignificant effects on earnings management,managerial ownership has insignificant effects on earnings management and number of block holders has negative significant effects on earnings management.The study draws an overall conclusion that ownership structures have positive insignificant effects on earnings management of listed Industrial goods companies in Nigeria.The study therefore, recommended that the management of Industrial goods companies should put in more measures to reduce the domestic ownership in order to have a fair and reliable financial statement. Finally, the Number of Block holders have significant effect on the earnings management as such, the companies should encourage combined ownership in their companies.
Authors and Affiliations
OYEDOKUN Godwin Emmanuel PhD, UMOH, Ruth Okon, HARUNA Afor Roselyn, ZAKARIAsabe Zainab
Keywords
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- EP ID EP444380
- DOI 10.9790/487X-2101034754
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