USMAN Tanimu Gadi1 , AKPAN Ekpeyo Danson1 , LUKA Habiba Tessy2 and ABOLUGBE, K. E.1
1. Department of Accounting Nasarawa State University, Keffi
2. Department of Business Education, School of Secondary Education, Vocational and Technical, Education Kaduna State College of Education, Gidan Waya

MLA 8
Gadi, USMAN Tanimu, et al. "EFFECT OF OWNERSHIP STRUCTURE ON FINANCIAL STATEMENT FRAUD LIKELIHOOD OF LISTED CONGLOMERATE COMPANIES IN NIGERIA." Int. j. of Social Science and Economic Research, vol. 5, no. 10, Oct. 2020, pp. 2891-2908, doi:10.46609/IJSSER.2020.v05i10.009. Accessed Oct. 2020.
APA 6
Gadi, U., Danson, A., Tessy, L., & K. E., A. (2020, October). EFFECT OF OWNERSHIP STRUCTURE ON FINANCIAL STATEMENT FRAUD LIKELIHOOD OF LISTED CONGLOMERATE COMPANIES IN NIGERIA. Int. j. of Social Science and Economic Research, 5(10), 2891-2908. doi:10.46609/IJSSER.2020.v05i10.009
Chicago
Gadi, USMAN Tanimu, AKPAN Ekpeyo Danson, LUKA Habiba Tessy, and ABOLUGBE, K. E. "EFFECT OF OWNERSHIP STRUCTURE ON FINANCIAL STATEMENT FRAUD LIKELIHOOD OF LISTED CONGLOMERATE COMPANIES IN NIGERIA." Int. j. of Social Science and Economic Research 5, no. 10 (October 2020), 2891-2908. Accessed October, 2020. doi:10.46609/IJSSER.2020.v05i10.009.

References

[1]. Ahearne, A., Griever, W., & Warnock, F. (2000). Information costs and home bias: An analysis of Us holdings of foreign equities. Mimeo, Federal reserve board.
[2]. Aliyu, S. K., & Ishaq, A. S. (2015). Board characteristics, independent audit committee and financial reporting quality of Oil marketing firms: Evidence from Nigeria. Journal of Finance, Accounting and Management, 6(2), 34-50.
[3]. Alves, S. (2012). Ownership structure and earnings management: Evidence from Portugal. Australasian Accounting, Business and Finance Journal, Vol. 3(3).
[4]. Andri, Z., Muhammad, F. R., & Khairuddin, N.B. M. Z. (2013). Power and likelihood of financial statement fraud: Evidence from Indonesia. Journal of Advanced Management Science, Vol. 1, No. 4.
[5]. Bala, H., & Ibrahim, I. (2016). Monitoring characteristics and financial reporting quality of listed conglomerates firms in Nigeria. Journal of Accounting Research and Practice, Vol. 3, No. 2.
[6]. Barclay, M. J., & Holderness, C. G. (1991). Negotiated block trades and corporate control. Journal of finance, 25, 861-878
[7]. Beneish, M. D. (2001). Earnings management: A perspective. Managerial Finance, 27(12), pp.3-17.
[8]. Beasley, M.S. (1996). Empirical analysis of the relation between the board of director composition and financial statement fraud. The Accounting Review, Vol 6(7)
[9]. Beuselinck, C., Belen, B., & Juan, M. G. L. (2013). The role of foreign shareholders in disciplining financial reporting. Working paper Series.
[10]. Bushee, B. (2001). Do institutional investors prefer near-term earnings over long-run value? Contemporary Accounting Research, 18(2), 207-246.
[11]. Bushman, R. M., & Smith, A. J. (2003). Transparency, financial accounting information, and corporate governance. Economic Policy Review, Vol.9, No.1, pp65-87.
[12]. Carcello, J., Hermanson, D., & Ye, Z. (2011). Corporate governance research in accounting and auditing: Insights, practice implications and future research directions. Auditing: A Journal of Practice & Theory, Vol. 30, No. 30, pp. 1-31.
[13]. Chai, W., Hoogs, B.K., & Verschueren, B.T. (2006). Fuzzy ranking of financial statements for fraud detection. Proceeding of International Conference on Fuzzy System. pp: 152- 158.
[14]. Chekili, S. (2012). Impact of some governance mechanisms on earnings management: An empirical validation within the Tunisian Market. Journal of Business Studies Quarterly. Vol 8(4)
[15]. Cheng, Q., & Warfield, T. D. (2005). Equity incentives and earnings management. The Accounting Review, Vol.80, No.2, pp441-476.
[16]. Claessens, S., Djannklov, S., & Lang, L. H. P. (2000). The separation of ownership and control in East Asian corporations. Journal of Financial Economics, Vol. 58, pp. 81- 112.
[17]. Claessens, S., & Fan, J. P. H. (2002). Corporate governance in Asia: A survey. International Review of Finance, 3(2), pp. 71-103.
[18]. Cohen, J., Krishnamoorthy, G., & Wright, A. (2008). Form versus substances: The implications for auditing practice and research. Auditing: A Journal of Practice and Theory, Vol. 27, No. 2, pp. 181-198.
[19]. Cornett, M. M., Marcus, A. J., & Tehraniam, H. (2008). Corporate governance and pay-for- performance: The impact of earnings management, Journal of Financial Economics, Vol.87, No.2, pp357-375.
[20]. Cressey, D. (1953). Other people's money: A study in the social psychology of embezzlement. Glencoe, Illinois: The Free Press.
[21]. Dabor, E. L., & Adeyemi, S. B. (2009). Corporate governance and the credibility of financial statement. Journal of Business Systems, Governance and Ethic, 4,(1).
[22]. Daniel, T. H. M., & Andhika, L. M. (2015). Analysis of factors that influence financial statement fraud in the perspective of fraud diamond. International Conference on Accounting Studies (ICAS) 2015.
[23]. Dechow, P. M., Sloan, R. G., & Sweeney, A. P. (1996). Causes and consequences of earnings manipulations: An analysis of firms subject to enforcement actions by the SEC. Contemporary Accounting Research, Vol.13, No.1, pp1-36.
[24]. Donnelly, R., & Lynch, C. (2002). The ownership structure of UK firms and the informativeness of accounting earnings. Accounting and Business Research, Vol.32,
[25]. Ebrahim, A. (2007). Earnings management and board activity: An additional evidence, Review of Accounting and Finance, Vol.6, No.1, pp42-58.
[26]. Fama, E., & Jensen, M. (1983). Separation of ownership and control. Journal of Law and Economics, Vol. 26, pp. 301-325.
[27]. Fan, J., & Wong, T. J. (2002). Corporate ownership structure and the informativeness of accounting earnings in East Asia. Journal of Accounting and Economics, Vol.33, pp401– 425.
[28]. Hafiza, A. H., & Susela, S. D. (2012). Institutional monitoring and earnings quality in Malaysia. International Congress on Interdisciplinary Business and Social Science, Vol 12(6)
[29]. Hamadi, M., & Ines, G. (2011). Board independence and corporate fraud: The case of Tunisian firms. The Economic Research Forum, Vol 3(8)
[30]. Hamilton, D., I. & Justin, M. O. G. (2012). Dimensions of fraud in Nigeria quoted firms. American Journal of Social and Management Sciences, Vol 6(7)
[31]. Ines, A., Anis, B.A., & Anis, J. (2013). Detection of fraud in financial statements: French companies as a case study. International Journal of Academic Research in Accounting, Finance and Management Sciences, Vol. 3, No.3.
[32]. Iturriaga, F.J. L., & Hoffmann, P. S. (2005). Earnings management and internal mechanisms of corporate governance: Empirical evidence from Chilean firms. Corporate Ownership & Control, Vol.3, No.1, pp17-29.
[33]. Jennings, R. (1987). Unsystematic security price movements, management earnings forecasts, and revisions in consensus analyst earnings forecasts. Journal of Accounting Research, 25, 90-110.
[34]. Jensen, M. C., & Meckling, W. H. (1976). Theory of the firm: Managerial behaviour, agency costs and ownership structure. Journal of Financial Economics, vol. 3, 305-306.
[35]. Joseph, V. C., & Dana, R. H. (2008). Fraudulent financial reporting: How do we close the Knowledge Gap? Journal of Accounting Research, Vol 6(7).
[36]. Klein, A. (2002). Audit committee, board of director characteristics, and earnings management. Journal of Accounting and Economics, Vol.33, No.3, pp375-400.
[37]. Lalit, W., & Virender, P. (2012). Forensic accounting and fraud examination in India. Internatio nal Journal of Applied Engineering Research, 7(11), 1-4.
[38]. La Porta, R. R., Lopez-de-slanes, F., Shleifer, A., & Vishny, R. (1999). Corporate ownership around the world. Journal of finance, 54 471-518.
[39]. Luiss, L. (2010). The role of corporate governance in financial statement frauds. Barbara Sveva Magnanelli.
[40]. Manis, M., Dovalina, I., Avis, N.E., & Cardoze, S. (1980). Base rates can affect individual predictions. Journal of Personality and Social Psychology, 38,231-248.
[41]. Morck, R., Shleifer, A., & Vishny, R. W. (1988). Management ownership and market valuation: An empirical analysis. Journal of Financial Economics, Vol.20, No.1-2, pp293-315.
[42]. Muntari, M. (2015). Detecting corporate fraud and financial distress using the Altman and Beneish models. International Journal of Economics, Commerce and Management United Kingdom, Vol. III, Issue 1.
[43]. Rezaee, Z. (2002). Causes, consequences and deterrence of financial statement fraud. Perspectives on Accounting Critical, 16.pp 277-298.
[44]. Riadi, A. D. R., & Mita, A. F. (2018). The Effect of Ownership Structure on a Company’s Tunneling Activities: Indonesian Evidence. Advances in Economics, Business and Management Research, 8(1)
[45]. Salsiah, M.A., Mohamat, S.H., & Norman, M.S. (2007). Block-ownership and earnings management in Malaysian listed firms. Corporate ownership & control, Vol. 5(1.)
[46]. Senmila, P.A., & Elijah, A. (2012). Earnings management and ownership structure: Evidence from Nigeria. Research Journal of Finance and Accounting, Vol 6(7).
[47]. Shleifer, A. & Vishny, R. W. (1997). A survey of corporate governance. Journal of Finance, Vol.52, No.2, pp737-783.
[48]. Skousen, C., & Wright, C. (2006). Contemporaneous risk factors and the prediction of financial statement fraud, working paper, department of accounting university of Texas at Arlington.
[49]. Spathis, C. (2002). Detecting false financial statements using published data: Some evidence from Greece. Managerial Auditing Journal, Vol. 17, No. 4, pp. 179-191.
[50]. Srivastava, A. (2011). Ownership structure and corporate performance: Evidence from India. International Journal of Humanities and Social Science, Vol. 1 No. 1.
[51]. Tarjo, T. & Nurul, H. (2015). Application of Beneish M-Score models and data mining to detect financial fraud. 2nd Global Conference on Business and Social Science.
[52]. Teshima, N., & Shuto, A. (2008): Managerial ownership and earnings management: Theory and Empirical Evidence from Japan. Journal of International Financial Management and Accounting, 19(2): 107-132.
[53]. Waidi, K. A., & Johnson, K.O. (2016). Ownership structure and the quality of financial reporting: Evidence from Nigerian deposit money banks. International Journal of Economics, Commerce and Management United Kingdom. Vol 7(1)
[54]. Warfield, T. D., Wild, J. J., & Wild, K. L. (1995). Managerial ownership accounting choices, and informativeness of earnings. Journal of Accounting and Economics, Vol.20, pp61-91.
[55]. Yeo, H. (2012). Impacts of the board of directors and ownership structure on consolidation strategies in shipping industry. The Asian Journal of shipping and logistics Volume 8.
[56]. Zhong, K., Donald, W., & Zheng, X. (2007). The effect of monitoring by outside blockholders on earnings management. Quarterly Journal of Business and Economics, 46, pp. 38-60.