Earnings Management Around Initial Public Offerings: Borsa Istanbul Application

temiz, hüseyin; GÜLEÇ, ÖMER FARUK; KARACAER, Semra

Earnings Management Around Initial Public Offerings: Borsa Istanbul Application

Ömer Faruk GÜLEÇ, (Hacettepe Üniversitesi, İktisadi ve İdari Bilimler Fakültesi, İşletme Bölümü, Ankara, Türkiye)

Hüseyin TEMİZ, (Hacettepe Üniversitesi, İktisadi ve İdari Bilimler Fakültesi, İşletme Bölümü, Ankara, Türkiye)

Semra KARACAER (Hacettepe Üniversitesi, İktisadi ve İdari Bilimler Fakültesi, İşletme Bölümü, Ankara, Türkiye)

İşletme Araştırmaları Dergisi

10 4

Yıl: 2016 Cilt: 8 Sayı: 4 Sayfa Aralığı: 253 - 265 Metin Dili: İngilizce İndeks Tarihi: 29-07-2022

Earnings Management Around Initial Public Offerings: Borsa Istanbul Application

Öz:

This paper studies the presence of earnings management in initial public offerings (IPOs) of Turkish firms. The sample consists of 30 Turkish firms that went public in the years 2011 to 2015 on the Borsa Istanbul. Since there is no market-determined price for IPO share before they are sold to market participants by issuers and underwriters, increasing the attractiveness of an IPO share will be related the degree of earnings management before going public. Therefore this paper aims to find whether IPO issuers make discretionary accruals in their financial statements in order to affect the IPO share price before, during and after going public. According to the results, discretionary accruals level is the highest in the IPO year which is expected as in the other studies and there is statistically significant difference between different periods.

Anahtar Kelime:

Konular: İşletme İktisat

Belge Türü: Makale Makale Türü: Araştırma Makalesi Erişim Türü: Erişime Açık

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APA	GÜLEÇ Ö, temiz h, KARACAER S (2016). Earnings Management Around Initial Public Offerings: Borsa Istanbul Application. , 253 - 265.
Chicago	GÜLEÇ ÖMER FARUK,temiz hüseyin,KARACAER Semra Earnings Management Around Initial Public Offerings: Borsa Istanbul Application. (2016): 253 - 265.
MLA	GÜLEÇ ÖMER FARUK,temiz hüseyin,KARACAER Semra Earnings Management Around Initial Public Offerings: Borsa Istanbul Application. , 2016, ss.253 - 265.
AMA	GÜLEÇ Ö,temiz h,KARACAER S Earnings Management Around Initial Public Offerings: Borsa Istanbul Application. . 2016; 253 - 265.
Vancouver	GÜLEÇ Ö,temiz h,KARACAER S Earnings Management Around Initial Public Offerings: Borsa Istanbul Application. . 2016; 253 - 265.
IEEE	GÜLEÇ Ö,temiz h,KARACAER S "Earnings Management Around Initial Public Offerings: Borsa Istanbul Application." , ss.253 - 265, 2016.
ISNAD	GÜLEÇ, ÖMER FARUK vd. "Earnings Management Around Initial Public Offerings: Borsa Istanbul Application". (2016), 253-265.

APA	GÜLEÇ Ö, temiz h, KARACAER S (2016). Earnings Management Around Initial Public Offerings: Borsa Istanbul Application. İşletme Araştırmaları Dergisi, 8(4), 253 - 265.
Chicago	GÜLEÇ ÖMER FARUK,temiz hüseyin,KARACAER Semra Earnings Management Around Initial Public Offerings: Borsa Istanbul Application. İşletme Araştırmaları Dergisi 8, no.4 (2016): 253 - 265.
MLA	GÜLEÇ ÖMER FARUK,temiz hüseyin,KARACAER Semra Earnings Management Around Initial Public Offerings: Borsa Istanbul Application. İşletme Araştırmaları Dergisi, vol.8, no.4, 2016, ss.253 - 265.
AMA	GÜLEÇ Ö,temiz h,KARACAER S Earnings Management Around Initial Public Offerings: Borsa Istanbul Application. İşletme Araştırmaları Dergisi. 2016; 8(4): 253 - 265.
Vancouver	GÜLEÇ Ö,temiz h,KARACAER S Earnings Management Around Initial Public Offerings: Borsa Istanbul Application. İşletme Araştırmaları Dergisi. 2016; 8(4): 253 - 265.
IEEE	GÜLEÇ Ö,temiz h,KARACAER S "Earnings Management Around Initial Public Offerings: Borsa Istanbul Application." İşletme Araştırmaları Dergisi, 8, ss.253 - 265, 2016.
ISNAD	GÜLEÇ, ÖMER FARUK vd. "Earnings Management Around Initial Public Offerings: Borsa Istanbul Application". İşletme Araştırmaları Dergisi 8/4 (2016), 253-265.