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"Dummy Variables"

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Abstract :

This study aimed to identify the role of the corporate governance pillars, risks management, disclosure and control , in the limitation of creative accounting practices, by dropping the theoretical study on a sample of 50 French joint stock companies registered in SBF250 index during the period from 2007 to 2009, creative accounting practices was measured by measuring discretionary accruals using the modified

"Jones,1995" model, the quality of corporate governance pillars, risk management, disclosure and control was also measured for the same sample studied using "Dummy variables" method , then a model of the study proposed by the researcher was tested to reflect the role of corporate governance pillars in the limitation of creative accounting practices in the sample studied. The study concluded that there is a presence of significant statistical indicators on the role of both of risk management and disclosure pillars in the limitation of creative accounting practices, while an absence of significant statistical indicators on the role of control pillar in reducing these practices, due to the lack of separation between the position of the board chairman and executive director in a considerable number of companies of the studied sample.

Keywords: Creative accounting, risk management, disclosure, control, corporate governance pillars.

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