Does Royal Directors Matter for Decreasing Earnings Management in GCC Countries?
(Pages 669-681)Ahmad Alqatan1,* and Zahra Al Nasser2
1Arab Open University, Kuwait.
2Dar AlUloom, KSA
DOI: https://doi.org/10.55365/1923.x2022.20.78
Abstract:
This study examines the effect of royal board members on earnings management. The sample data on nonfinancial listed companies in Gulf Cooperation Council countries (GCC) are hand-collected from Capital IQ and annual reports. The sample data cover the period from 2010 to 2013. We conduct an OLS test on six countries as one aggregate population and individually. The results are mixed. We find no relation between royal family directors and earnings management in Bahrain, Oman, Qatar, and the United Arab Emirates. However, a statistically significant and positive relation exists between royal family directors and earnings management in the Saudi Arabia. But, a statistically significant and negative relation exists between royal family directors and earnings management in Kuwait.
Keywords:
Corporate governance; Royal family directors; Earnings management; GCC countries.
JEL Classification:
G34, G38, M48
How to Cite:
Ahmad Alqatan and Zahra Al Nasser. Does Royal Directors Matter for Decreasing Earnings Management in GCC Countries?. [ref]: vol.20.2022. available at: https://refpress.org/ref-vol20-a78/
Licensee REF Press This is an open access article licensed under the terms of the Creative Commons Attribution Non-Commercial License (http://creativecommons.org/licenses/by-nc/3.0/) which permits unrestricted, non-commercial use, distribution and reproduction in any medium, provided the work is properly cited.