Financial Reporting Quality and Ownership Structure in Companies Listed on The Warsaw Stock Exchange
DOI:
https://doi.org/10.18559/SOEP.2018.2.2Keywords:
Financial reporting, Reliability of financial report, International Financial Reporting Standard, Ownership structure, Ownership structure of enterprises, Agency theoryAbstract
The article investigates whether there is a relationship between financial reporting quality and ownership structure in companies listed on the Warsaw Stock Exchange. Panel regression including 88 companies with their financial data from 2006-2012 was conducted to examine the relationship. The results indicate that the size of a company has a considerable impact on the relationship between financial reporting quality and ownership structure. This relationship is negative - as the size of a company increases, manager influence on financial statements tends to decrease.Downloads
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