The Relationship between Executive Cash Compensation and Corporate Governance, Income Smoothing, Discretionary Accruals, and Firm Value

Iranian Journal of Accounting, Auditing and Finance

مقاله 5، دوره 3، شماره 1، خرداد 2019، صفحه 61-73   

نوع مقاله: Original Article

شناسه دیجیتال (DOI): 10.22067/ijaaf.v3i1.87065

نویسندگان

Sajjad HosseiniQehi¹؛ Mohsen Rahimi Dastjerdi^{* 2}؛ Seyed Farhad Anousheh³

¹Department of Accounting, Allameh Naeini Institute of Higher Education, Naein, Iran

²Department of Sama Technical and Vocational Training College, Khorasgan Branch, Islamic Azad

³Department of Accounting, Allameh Naeini Institute of Higher Education, Naein, Iran.

چکیده

The disclosure of executive compensation arrangements in annual reports would allow investors and other interested parties to make informed judgments about manager motivation and commitment to maximize shareholder wealth. This study examines the relationship between Executive cash compensation, corporate governance, Income smoothing, Discretionary accruals, and firm value in companies listed on the Tehran Stock Exchange. The statistical population of this study is Iran-Tehran Stock Exchange during 2013-2017. The results showed that Corporate Governance has a Negative and Significant Impact on Executive cash compensation.  Executive cash compensation does not significantly negatively affect income smoothing, and Executive cash compensation does not have a positive and significant effect on Discretionary accruals. And, Executive cash compensation has a significant impact on decreasing Firm value.

کلیدواژه‌ها

executive cash compensation؛ corporate governance؛ income smoothing؛ Discretionary Accruals

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