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PRACA ORYGINALNA
Realne zarządzanie zyskami a jakość nadzoru korporacyjnego: metaregresja
1
Institute of Accounting and Financial Management, Department of Corporate Finance, Poznań University of Economics and Business, Poland
2
Institute of Materials Resource Management, University of Augsburg, Germany
Data nadesłania: 20-03-2024
Data ostatniej rewizji: 14-05-2024
Data akceptacji: 08-07-2024
Data publikacji: 21-12-2024
Autor do korespondencji
Jacek Piotr Mizerka
Institute of Accounting and Financial Management, Department of Corporate Finance, Poznań University of Economics and Business, Poland
Institute of Accounting and Financial Management, Department of Corporate Finance, Poznań University of Economics and Business, Poland
GNPJE 2024;320(4):1-29
SŁOWA KLUCZOWE
KODY KLASYFIKACJI JEL
STRESZCZENIE
Celem tego badania jest przeprowadzenie metaanalizy wyników 146 pierwotnych badań, w których sprawdzono, w jaki sposób trzy kategorie nadzoru korporacyjnego – struktura własności (OS), gatekeepers (G) oraz charakterystyki osób zarządzających (MC) – wpływają na realne manipulowanie zyskami (REM). Zastosowanie metaregresji (MRA), która jest metodą łączenia i analizowania danych z wielu badań, pozwala na uwzględnienie efektów z badań pierwotnych, ich podsumowanie oraz wyjaśnienie zmienności tych efektów. Średnie wartości współczynników korelacji cząstkowej między kategoriami nadzoru korporacyjnego a REM nie są statystycznie istotne. Wyniki analizy heterogeniczności pokazują jednak, że własność rodzinna i insidersi mogą być pozytywnie powiązani z REM. Zainteresowanie analityków wydaje się mieć łagodzący wpływ na REM, podczas gdy jakość zewnętrznego audytora nie wykazuje istotnego wpływu. W badaniu zidentyfikowano kilka zmiennych moderujących, które wyjaśniają część heterogeniczności strukturalnej i metodologicznej w wynikach empirycznych. Wnioski dotyczące wykorzystania REM wspierają teorię agencji. Uzyskane wyniki wskazują potrzebę dalszej operacjonalizacji zmiennych oraz rozszerzenia analizy różnych składowych nadzoru korporacyjnego.
FINANSOWANIE
Publikacja została sfinansowana ze środków NCN, grant nr 2019/35/B/HS4/01002.
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"Digitalizacja czasopisma Gospodarka Narodowa", sfinansowanego ze środków Ministerstwa Nauki i Szkolnictwa Wyższego przeznaczonych na działalność upowszechniającą naukę, w ramach umowy nr 555/P-DUN/2018.
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