Measurement of Financial Information Manipulation with The Help of Beneish Model: A Research on BIST Manufacturing Industry

Abstract

The financial information manipulation has been the crucial subject of the recentyears with the effect of various perspectives related to the earning management.Because of the conflicts of interest of information users, the manipulation possibility ofthe financial reports belonging to the businesses, which are the important actor offinancial markets, is present. The managers can apply the financial information manipulation by showing the financial position and performance of business differentfrom what they currently are thanks to the flexibility that the accrual basis ofaccounting provides them. In this study, the finding related to whether the businessesprocessing in BIST manufacturing industry have applied the financial informationmanipulation or not via Beneish model has been carried out. In addition to this, thefinding related to which variables have effect on whether any businesses have carried