The ownership structure, the board of directors and the quality of accounting information

Abstract

High quality accounting information is vital for the accuracy of the financial statements, whereas poor quality information may lead to serious economic problems. The recent financial crisis has attracted the interest of many researchers in determining the factors that may affect the quality of accounting information. In this field, our research investigates the possible impact of the ownership structure and of the make-up of the board of directors on the quality of accounting information, using annual data from 29 companies listed on the Abu Dhabi Securities Exchange in 2008 and 2009. The actual research starts by presenting an appropriate measure of the quality of the accounting information, then developing a model explaining the relationship between the ownership structure, the board of directors and the quality of the accounting information. In the light of our results, we will be able to provide recommendations for helping the companies improve the quality of their financial reporting.

International Financial Reporting Standards, Board Governance and Accounting Quality: Preliminary Ghanaian Evidence

“…The study reports that boards characterized by a higher percentage of independent directors result in lower firm value whilst there exists a positive relationship between board size and firm value. Ellili (2013) study the relationship between ownership structure, board of directors and quality accounting information in Abu Dhabi. Relying on data from 29 listed companies on the stock exchange, they reveal that CEO duality positively affects earnings management whilst an ownership structure dominated by managers and block holders leads to high quality accounting information.…”

The effect of equity ownership structure on non-conditional conservatism: an empirical study based on listed companies in Egypt

“…It refers to the accountant's inclination to record gains and assets at a higher degree of verifications than those required to register losses and liabilities (Basu, 1997). It is debated that it assists in enhancing the transparency and timeliness of financial reporting and boosting the quality of published accounting information (Dechow et al, 2010;Ellili, 2013;Afsheena and Santhakumar, 2020).…”

مدى إستجابة جودة الأرباح المحاسبية لخصائص الوحدة الأقتصادية في بيئة الأعمال المصرية

“…‫اشْٚ,‬ ‫اخا‬ ‫اذ٠ٓ,‬ ‫اٌا‬ ‫آ‬ ‫ص٠ا‬ ‫اخ‬ ‫دساعا‬ ‫اع‬ ‫ِا‬ ‫اخ‬ ‫اٌذساعا‬ ‫اذ‬ ‫اخزٍفا‬ ‫اب‬ ‫وّا‬ ‫اج١خ,‬ ‫اٌّؾبعا‬ ‫ابػ‬ ‫األسثا‬ 0201 ) ‫اش‬ ‫اصا‬ ‫اٛد‬ ‫ٚعا‬ ‫اذَ‬ ‫عا‬ ‫اٝ‬ ‫إٌا‬ ‫ابسد‬ ‫اشا‬ ‫اش‬ Y 1 = 0.046 + 0.103 X 31 + 0.037 X 32 -.02X 33 -0.11 X 34 ‫اخ‬ ‫دساعا‬ ‫اع‬ ‫ِا‬ ‫اذ‬ ‫ارفما‬ ‫اب‬ ‫أٙا‬ ‫اؼ‬ ‫٠زؼا‬ ‫ابثمخ‬ ‫اٌغا‬ ‫ابد‬ ‫اٌذساعا‬ ‫اع‬ ‫ِا‬ ‫اخ‬ ‫اٌؾبٌ١ا‬ ‫اخ‬ ‫اٌذساعا‬ ‫ابئظ‬ ‫ٔزا‬ ‫اخ‬ ‫ٚثّمبسٔا‬ ‫ٚآخااشْٚ,‬ ‫اٌااذ٠ٓ‬ ‫ص٠اآ‬ 0201 ‫اصااش‬ ‫ٚعااٛد‬ ‫عااذَ‬ ‫إٌااٝ‬ ‫إشاابسد‬ ‫ؽ١ااش‬ ) ‫ِعٕااٜٛ‬ ‫ٌٍٍّى١ااخ‬ ‫دساعاخ‬ ‫ِاع‬ ‫اٌذساعخ‬ ‫إخزٍفذ‬ ‫ؽ١ٓ‬ ‫ـٟ‬ ‫اإلعزؾمبلبد,‬ ‫عٛدح‬ ‫عٍٝ‬ ‫عغ١خ‬ ‫اٌّ‬ Moutaz, 2020 ‫اٛدح‬ ‫عااا‬ ‫اٝ‬ ‫عٍااا‬ ‫ا١خ‬ ‫عغااا‬ ‫اٌّ‬ ‫اخ‬ ‫ٌٍٍّى١ااا‬ ‫ابثٟ‬ ‫إ٠غااا‬ ‫اش‬ ‫اصااا‬ ‫اٛد‬ ‫ٚعااا‬ ‫اٝ‬ ‫إٌااا‬ ‫ابسد‬ ‫اشااا‬ ‫اش‬ ‫ؽ١ااا‬ ) ‫اٌذ٠ٓ‬ ‫ص٠ٓ‬ ِٓ ً ‫ول‬ ‫دساعخ‬ ‫ِع‬ ‫اٌذساعخ‬ ‫ارفمذ‬ ‫وّب‬ ‫االعزؾمبلبد,‬ ‫ل‬ ‫ا‬ ‫و‬ ‫خ‬ ‫ا‬ ‫ع‬ ‫ا‬ ‫س‬ ‫د‬ ‫ع‬ ‫ا‬ ِ ‫ذ‬ ‫ا‬ ‫ف‬ ٍ ‫ز‬ ‫خ‬ ‫ا‬ ‫ب‬ ‫ا‬ ّ ‫و‬ , ‫د‬ ‫ب‬ ‫ل‬ ‫ب‬ ‫م‬ ‫ؾ‬ ‫ز‬ ‫ا‬ ‫ع‬ ‫إل‬ ‫ا‬ ‫ح‬ ‫د‬ ٛ ‫ا‬ ‫ع‬ ٝ ٍ ‫ع‬ ‫خ‬ ٠ ‫س‬ ‫ا‬ ‫د‬ ‫إل‬ ‫ا‬(Ellili, 2013;Amarsanaa, 2019) …”