Financial Accounting
Seyed Hosein Sajadi; rahim bonabi ghadim
Abstract
Today, information competition space, as an external importance mechanism, affects the company's management system and stable performance and government ownership in both complementary and destructive aspects can affect this impact. The purpose of this study is to investigate the effect of government ...
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Today, information competition space, as an external importance mechanism, affects the company's management system and stable performance and government ownership in both complementary and destructive aspects can affect this impact. The purpose of this study is to investigate the effect of government ownership on the relationship between information competition and Earning persistenceof companies listed on the Tehran Stock Exchange.The statistical sample of the research includes 103 companies listed on the Tehran Stock Exchange for the period 2013 to 2020. In terms of purpose, the present study is an applied research using a post-event approach. For panel data, fixed-effect and random-effect models were used to estimate the research model using Eviews-8 software. The research results showed that information competition based on political relations and centralized institutional ownership increases Earning persistence and the interactive effect of government ownership with information competition further increases Earning persistence. That is, Government ownership and information competition are two complementary factors in achieving the goals of stakeholders.
seyed ali Vaez; Rahim Bonabi ghadim; Sajjad Chinekesh
Abstract
The value of a company is influenced by many factors such as the weakness of internal controls and the information quality resulting from it. In the meantime, level of investment and credit rating of the company can offset the weaknesses of internal controls and prevent devaluation of the company in ...
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The value of a company is influenced by many factors such as the weakness of internal controls and the information quality resulting from it. In the meantime, level of investment and credit rating of the company can offset the weaknesses of internal controls and prevent devaluation of the company in this respect. The purpose of study was to investigate the effect of investment and credit rating on relationship between internal control weakness and firm value. This study was a descriptive- post event one in nature and method, an applied one objectively. To test the research hypotheses, 112 companies listed on the Tehran Stock Exchange for the period 2012 to 2018 were selected and studied. The results of hypothesis testing showed that internal control weakness had a negative effect on firm value and Investment has no effect on the relationship between internal control weakness and firm value but credit ratings has effected relationship between internal control weakness and firm value and increases the Firm value. In other words, a high credit rating, as an alternative to weak internal control, prevents from increase in the cost of capital.
