Effects Of Board Attributes On Accounting Conservatism Of Listed Consumer Goods Companies In Nigeria

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18. (Dec. 2018).pdf (1.33 MB)

Date

2018-12-02

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Department of Accounting, Faculty Of Administration, Nasarawa State University, Keffi

Abstract

This study assessed the effect of board attributes (board independence, board size, board gender diversity and board expertise) on accounting conservatism of listed consumer goods companies in Nigeria. Ex post facto research design was adopted and the twenty-one consumer goods firms listed on the Nigerian Stock Exchange were considered as sample size for the study. The study was anchored on agency theory. The result of the study using panel regression analysis indicated that board size, board independence and board financial expertise have significant effect on the accounting conservatism while board gender diversity does not significantly influence accounting conservatism. It was therefore recommended based on the findings of the study that companies in trying to ensure accounting conservatism can give greater attention to board size, board independence and board expertise while such priority may not be given to board gender diversity as it does not significantly affect accounting conservatism.

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Keywords

Conservatism, Board Attributes, Consumer Goods Companies, Nigeria.

Citation

Abbas, G. & Mohammad reza, S., (2015). The effect of corporate governance, supervision and management attributes on accounting conservatism. Busqueret 1(1), 295-318. Ahmed, A. S., & Duellman, S. (2007). Accounting conservatism and board of director characteristics: An Empirical Analysis. Journal of Accounting and Economics, 43(2-3), 411-437. Ahmed, K., & Henry, D. (2012). Accounting conservatism and voluntary corporate governance mechanisms by Australian Firms. Accounting & Finance, 52(3), 631-662. Ahmed, R. A. (2017) Investigating the relationship between principles and accounting conservatism Exchange Ball, R. & Shivakumar, L. (2005). The Role of Accruals in Asymmetrically, Timely Gain and Loss Recognition. Working paper, university of Chicago. Basu, S. (2005). The Conservatism Principle and the Assymetric Timeliness of Earnings. Journal of Accounting and Economics, 24(1), 3-37 Callen, J., Guan, Y. & Qiu, J. (2014) The Market for Corporate Control and Accounting Conservatism, Social Science Research Network. Caskey, J. & Laux, V. (2015) Corporate Governance, Accounting Conservatism and Manipulation, University of California at Los Angeles, Anderson School of Management and University of Texas at Austin. Chi, W., Liu, C. & Wang, T. (2009). What Affects Accounting Conservatism: A Corporate Governance Perspective. Journal of Contemporary Accounting and Economics. 5, 47-59. Donglin, Xia and Song, Zhu (2009): Corporate Governance and accounting conservatism in China. China Journal of Accounting Research 2(2) Elsahly, M. S. (2009) Accounting conservatism in preparing the financial reports of the Saudi firms: An applied study. Arab Journal of Administrative Sciences, 1, 7-25. Futing, T. (2015) Empirical research on accounting conservatism and over-investment in listed firms of China,” International Journal of Economics, Commerce and Management 3(5), pp.145-159. Garcia Lara. J.M., Garcia Osma. B., & Penalva. F. (2005). Board of directors’ characteristics and conditional accounting conservatism: Spanish evidence. University of Navarra, Av. Pearson, 21, 08034 Barcelona, Spain corporate for companies listed on Saudi Stock governance Hamid, B. & Mansur, G., “The Relationship between Accounting Conservatism, Institutional in the Egyptian Exchange” (Unpublished MA. thesis) (Cairo: Faculty of Commerce and Business Administration, Helwan University, 2011).

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https://keffi.nsuk.edu.ng/handle/20.500.14448/567

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