Papers by Md. Jamil Sharif
Detecting Earnings Manipulation Practice by the M-Score Model: Evidence from the listed power companies of Bangladesh
BUFT Journal of Business and Economics
International Journal of Accounting & Finance Review, 2021
The purpose of this study is to find out whether earnings management has impacts on bankruptcy ri... more The purpose of this study is to find out whether earnings management has impacts on bankruptcy risk based on the data of Wirecard Company. The M-score of Beneish's (1999) model has been used to detect the probability of earnings management. On the other hand, the Z"-Score of Altman's (1968) model has been applied to detect Corporate Failure. Both the models are widely used models in their respective fields. The data from 2002 to 2019 were collected from the annual reports of the Wirecard Company. The result of M-Score indicates that earnings management has a significant impact on the corporate failure (Z-Score) of the company. This finding specifies that a financially distressed firm adopts earnings manipulations. The finding also implies that earnings manipulations harm the financial health of a firm. According to the findings, it can be suggested that to know the financial aspects of a company, both the (Beneish M-model and Altman Z-score model) models could be used c...
Academy of Accounting and Financial Studies Journal, 2020
The operational premises of the banking sector of Bangladesh are restrained by the strong governa... more The operational premises of the banking sector of Bangladesh are restrained by the strong governance system which controls the unusual fluctuations of banking profit. The study showed the simultaneous relationship among market risk taking, bank disclosures and corporate governance relying on panel data of thirty-two (32) commercial banks for the period of 2006-2016. The study addressed the problem of endogeneity, heteroskedasticity and auto-correlation by selecting the two-stage-least-square (2SLS) method in data analysis. The study argues in favor of good governance system which can ensure bank transparency and market stability. The study reveals that banks disclosures and corporate governance have a significant effect on market risk-taking behavior and also found a reciprocal effect in case of disclosure model and governance model.
Journal of Advanced Social Research, 2013
Earnings are the powerful indicators of the firms’ business activities. Since a company’s stock i... more Earnings are the powerful indicators of the firms’ business activities. Since a company’s stock is measured by the present value of its future earnings, investors and analysts look to earnings to determine the attractiveness of a particular stock. Companies with poor earnings prospects will typically have lower share prices than those with good prospects. So, Earnings management plays a key role to determine the share price of a company as well as direct resource allocation in capital market. This paper specially focuses on earnings management, quality of earnings and various techniques (like cookie jar reserve, big bath, and big bet) that are used to manage earnings in the business entity. Extent and type of earnings management depends on several factors like stock market incentives, personal incentives, political & regulatory motives. Finally, this paper concludes that rigorous accounting standard, awareness of audit committee, corporate governance and consciousness and the morali...
International Journal of Economics and Financial Issues, 2021
To investigate the effects of foreign direct investment on CO2, CH4, N2O, and other greenhouse ga... more To investigate the effects of foreign direct investment on CO2, CH4, N2O, and other greenhouse gas emission the study was conducted. The panel data from 200 countries were collected for the period of 1990 to 2018. Ordinary least square (OLS), pooled ordinary least square (POLS), Driscoll-Kraay (DK), Second stage least square (2SLS), generalized methods of moments (GMM) model has been performed. The findings showed that foreign direct investment has positive impact on CO2 in all the models. The study also showed that FDI had negative impact on CH4 emission and positive impact on N2O emissions in all models except GMM model. Finally, FDI had mixed impact on greenhouse gas emission but the results were statistically insignificant except OLS model.
International Journal of Management and Accounting, 2020
This study aims to identify whether or not the Z score is usable enough in doing prediction at th... more This study aims to identify whether or not the Z score is usable enough in doing prediction at the early stage of the financial distress of People’s Leasing and Financial Services (PLFS) and Bangladesh Industrial Finance Company (BIFC). To predict corporate failure, Multiple Discriminant Analysis is an effective solution. Z"-Score by Altman is a widely used model of multiple discriminant analysis. Using the data from 2011 to 2017 of PLFS and 2015-2017 of BIFC, this study applied the Altman Z"-Score Model as well as used SPSS software to analyze the descriptive statistics of the financial information and ratios of both company to know the level of financial distresses and attributes for reaching toward distress level. The analysis was presented in tables. The finding shows that Z"-Score by Altman is usable enough to predict the failure of the firm. The descriptive analysis shows that working capital, retained earnings, and income before interest and tax were negative w...
The New Syllabus of Institute of Chartered Accountants of Bangladesh (ICAB): the Perception and the Expectations of the Articled Students
This paper is an attempt to find out the perception and expectations of the articled students reg... more This paper is an attempt to find out the perception and expectations of the articled students regarding the new syllabus introduced by the ICAB to make its articled students more competent in their professional life. The introduction of new syllabus is a successful effort of ICAB to give the articled students opportunity to provide international standard professional education and to get global affiliation. But the articled students expect more improved education and training facilities as well as improved logistic and technical support from the ICAB to cope up with the new syllabus and changing environment. They believe the new syllabus will help them to get a better understanding of accounting and business related issues. They also believe the passing rate will increase under this new syllabus. Again, articled students have concluded that more ethics related discussions in the classes will help them to behave more ethically in their professional life .
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Papers by Md. Jamil Sharif