FIRM CHARACTERISTICS AND EARNINGS MANAGEMENT OF LISTED CONGLOMERATE FIRMS IN NIGERIA
Keywords:
Conglomerate Firms, , Discretionary Accrual, Earnings Management, Firm Age, Firm Size,Abstract
The study investigates the effect of firm characteristics on the earnings management of listed conglomerate firms in Nigeria. The explanatory variable of firm characteristics is measured in terms of firm size (FSZ) and firm age (AGE) The dependent variable of earnings management is measured in terms of discretionary accrual (DA). The ex-post facto research design was applied. The population and sample size of the study comprised five (5) conglomerate firms listed on the Nigerian Exchange Group (NGX). The secondary data were obtained from the audited financial statements of the selected firms from 2012 to 2021. The results of the Ordinary Least Square regression analysis revealed that firm size has a statistically insignificant effect on earnings management as measured in terms of discretionary accrual of the pooled conglomerate firms in Nigeria, at neither a 5% nor a 1% significant level. The results obtained from the OLS regression model revealed that firm age has a statistically significant effect on earnings management as measured in terms of discretionary accrual of the pooled conglomerate firms in Nigeria at a 5% significant level. The study recommends that investors in listed conglomerate firms in Nigeria should always be on the lookout for the potential for more real activity earnings management before arriving at their investment decisions.
Downloads
Published
Issue
Section
License
Copyright (c) 2023 Journal of Global Accounting

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
Articles submitted to JOGA should not have been published or are currently under review by another Journal. Kindly see the guide for the preparation of the manuscript for details. Successful submission of articles by author(s) for publication clearly implies that the work is not an infringement of any existing copyright warranty as JOGA reserves the right to be indemnified by the author(s) where any breach of such warranty is proven. For ease of dissemination and to ensure proper policing of use, papers and contributions become the legal copyright of JOGA once published unless otherwise agreed.
Permission clearance should be obtained by the author(s) where applicable for the use of any content of interest not originally created by them. This must be done before the submission of the article to JOGA. Failure to do so may lead to a lengthy delay in publication, as JOGA is unable to publish any article which has permissions pending. Thus, the rights JOGA requires are:
- Non-exclusive right to reproduce the material in the article or book chapters.
- Print and electronic rights.
- To use the material for the life of the work (for instance, there should be no time restrictions on the re-use of material).
Where tables, figures or excerpts of more than 250 words are reproduced from another source, it is expected that:
- Author(s) should obtain the necessary written permission in advance from any third-party owner of the copyright for the use in print and electronic formats of any of their text, illustrations, graphics, or other material in their manuscript. Permission must also be cleared for any minor adaptations of any work not originally created by the author(s). The author (s) should not assume that any content freely available on the web is free to use.
- Where the author adapts a significant number of any material, the author(s) must inform the copyright holder of the original work.
- Author obtains any proof of consent statements
- The author must acknowledge figure(s) and content adopted or adapted in work utilizing source(s) and further capture them in the list of references.