omid pourheidari; Aref Forughi
Abstract
Influence of managers, specifically CEOs which is used as a mean of control the output of accounting information, may lead to management of disclosure quality timeliness and present information quality aligned with management interests. The presented study goal is to examine influence of CEO on disclosure ...
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Influence of managers, specifically CEOs which is used as a mean of control the output of accounting information, may lead to management of disclosure quality timeliness and present information quality aligned with management interests. The presented study goal is to examine influence of CEO on disclosure quality of accounting information in Tehran Stock Exchange Listed Companies. In this paper, CEO tenure, duality of CEO role and mandate of executive board were used to measure management power. To examine the proposed hypothesis in this study, General linear model has been used. The samples were collected from 122 of the Companies listed in the Tehran Stock Exchange Between 2010 to 2017. Findings suggest that timeliness of accounting data has a negative and meaningful relation with management power. Meanwhile there was no trace of a meaningful relation between disclosure quality of accounting information and capacity of reliability on such accounting data; and management power. Such findings indicate that while managers use their power to timeliness of disclosure of data along with their interests, they refuse to use this power to sabotage the capacity of reliability of accounting information.
Zahra Hajiha; Mojtaba Fathi Moghadam
Volume 11, Issue 41 , April 2014, , Pages 131-156
Abstract
Timeliness is an important qualitative characteristic of financial information. The timeliness of information means that information should be provided to users in the shortest time and the fast way possible. The time between the end of the financial year and the date of financial reporting is shorter, ...
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Timeliness is an important qualitative characteristic of financial information. The timeliness of information means that information should be provided to users in the shortest time and the fast way possible. The time between the end of the financial year and the date of financial reporting is shorter, usefulness of audited annual financial statements of firms’ increases.The aim of this study was to investigate the relationship between the change (improvement or progress) in the auditor’s opinion and the financial reporting delay. The correlation and regression methods were used to analyze the data. The population consisted of 165 firms listed in Tehran Stock Exchange during the period 2004 to 2012. Results of tests done on the hypothesis indicate that there is a significant relationship between change (improvement or progress) in the auditor's opinion with delays to financial reporting, however, our research control variables including costs of lawsuits, revising auditing or accounting standards, duality of board chair and management and leverage, do not have any significant relationship with financial reporting delay.
V Khodadadi; M Arabi; F Taheri
Volume 9, Issue 34 , July 2012, , Pages 151-172
Abstract
The timing of an annual report announcement is a disclosure decision that managers must make. The users recognize timeliness as an important characteristic of usefulness of accounting information. In this research, we investigate relationship between a set of explanatory variables (such as returns on ...
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The timing of an annual report announcement is a disclosure decision that managers must make. The users recognize timeliness as an important characteristic of usefulness of accounting information. In this research, we investigate relationship between a set of explanatory variables (such as returns on equity, changs of stock return, financial risk and size) and timing of annual financial reporting. we have used the financial data of 88 firms listed at Tehran Stock Exchange (TSE), that have analyzed for during 2004 to 2010 by using of the Panel Data System and Ordinary Least Square Regressions (OLS) Model. The results of regression show that timeliness in reporting by TSE listed companies is influenced by their profitability. We find that returns on equity and changes in stock returns are positively associated with the annual financial reports earlier and financial risk and changes in financial risk are negatively associated with the annual financial reports earlier. In addition, the results indicate that the timing of annual report releases is significantly affected by company size.
Mehdi Moradzadeh Fard; Mina Aboohamzeh
Volume 8, Issue 32 , January 2011, , Pages 73-102
Abstract
Regarding the critical role of liquidity in asset price discovery, sharing of financial risk, increasing of expected return and transaction costs reduction, it is important to know about the effective factors. This study examines the effects of the quality of corporate disclosure on stock ...
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Regarding the critical role of liquidity in asset price discovery, sharing of financial risk, increasing of expected return and transaction costs reduction, it is important to know about the effective factors. This study examines the effects of the quality of corporate disclosure on stock liquidity. Because increasing disclosure quality reduces information asymmetry and reducing information asymmetry increases market liquidity, so the main hypothesis of this study is that disclosure quality has effect on stock liquidity. In this study, for separating various details impacts of disclosure quality, we used timeliness and reliability and to determine stock liquidity, we used 15 different trading and information liquidity measures. 112 Tehran Security Exchange listed companies, from 1384 to 1388 are chosen and research hypothesis was tested by linear multivariable regression in pre and post-test. The results indicate that disclosure quality has positive effect on stock liquidity. Also, they show positive effect of reliability on stock liquidity.
S.H. Sajadi; R. Takor; A. Mahmoudi
Volume 8, Issue 29 , April 2010, , Pages 115-137
Abstract
Earnings quality is discussed by multiple dimensions. The purpose of this paper is to study the relationship between institutional investors and earnings quality using the Financial Accounting Standards Board's conceptual framework (including, Predictive value or feedback value, Neutrality, Timeliness, ...
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Earnings quality is discussed by multiple dimensions. The purpose of this paper is to study the relationship between institutional investors and earnings quality using the Financial Accounting Standards Board's conceptual framework (including, Predictive value or feedback value, Neutrality, Timeliness, Representational faithfulness) as a basis. A sample of 80 listed companies in Tehran Stock Exchange (TSE) for the period of 1384-1387 has been selected. Hypotheses have been tested using ordinary least square (OLS) with pooled data. The results show that, institutional investors have a positive relationship and significantly with predictive value or feedback value and representational faithfulness. Also, institutional investors have a positive relationship and significantly with timeliness. Finally, institutional investors have not relationship with the absolute value of abnormal accruals (ABNAC).
