1 © 2019 AESS Publications. All Rights Reserved. CORPORATE GOVERNANCE AND EARNINGS MANAGEMENT PRACTICES AMONG LISTED FIRMS: A STUDY ON POST STOCK MARKET CRISIS PERIOD IN BANGLADESH Dewan Muktadir-Al- Mukit 1+ Tahera Jabin Keyamoni 2 1 PhD Fellow, University of Liverpool, UK and Assistant Professor, Faculty of Business Administration, Eastern University, Dhaka, Bangladesh. 2 Research Associate, Faculty of Business Administration, Eastern University, Dhaka, Bangladesh. (+ Corresponding author) Article History Received: 27 August 2019 Revised: 30 September 2019 Accepted: 18 October 2019 Published: 4 November 2019 Keywords Earnings management Corporate governance Jones model Discretionary accruals. ABSTRACT This paper investigates the effect of corporate governance on earnings management practice of listed firms in Bangladesh during post stock market crisis period. The data set consists of 300 firm year observation from 2011-15. We have used six (6) corporate governance variables as independent variables namely board Size, CEO duality, board independence, board meeting, audit committee independence and ownership concentration. Leverage and firm size have been used as control variables. Our dependent variable is earnings management measured by discretionary accruals following Original Jones Model. Our panel data regression reveals CEO duality and audit committee independence have significant relationship with earnings management practices. This paper fills a gap in the literature by providing evidence about the effect of corporate governance quality on l isted firms’ earnings management behavior in the context of stock market volatility. Finally, the study suggests that listed firms should enhance their compliance with corporate governance standards which will assist to constraint the unethical practices of earnings management. Contribution/ Originality: This paper has the potential to contribute empirically to corporate governance literature by investigating how corporate governance structure is associated with firm’s earnings management behaviour during post stock market crisis periods especially in context of the developing market. 1. INTRODUCTION Financial information especially earnings figure are a matter of interest to different stakeholders as the earnings figure provides more insight into a firm’s performance in the long run. Since the financial performance is in the center of financial decision making process and they provide critical information when investment decisions are made (Degeorge, Patel, & Zeckhauser, 1999); therefore, it is not surprising that managers are engaged in earnings management activities Journal of Asian Business Strategy ISSN(e): 2225-4226 ISSN(p): 2309-8295 DOI: 10.18488/journal.1006.2019.91.1.9 Vol. 9, No. 1, 1-9. © 2019 AESS Publications. All Rights Reserved. URL: www.aessweb.com