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.
Accounting and various aspects of finance
Rafik Baghoomian; Hossein Rajabdorri; amirreza khanizolan
Abstract
The purpose of this study is to investigate the relationship between financial report readability and stock return synchronicity with the moderating role of institutional ownership and information asymmetry in companies listed in the Tehran Stock Exchange (TSE). This research is in terms of its purpose. ...
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The purpose of this study is to investigate the relationship between financial report readability and stock return synchronicity with the moderating role of institutional ownership and information asymmetry in companies listed in the Tehran Stock Exchange (TSE). This research is in terms of its purpose. Its period is from 2015 to 2019, and the selected sample consists of 171 companies listed in TSE. To test the research hypotheses through panel data, the ordinary least squares regression method in Eviews software was used. The findings of the research hypothesis test show that there is a negative and significant relationship between financial report readability and the stock return synchronicity. Also, institutional ownership as a moderating variable negatively correlates the illusion of financial report readability and the synchronization of stock prices. Additionally, the moderating effect of the information asymmetric variables on the relationship between the financial report readability and the price synchronization is positive and significant. According to the findings, on the one hand, it is necessary to examine the implications of financial report readability. On the other hand, in order to improve the market, more attention needs to be paid to the issues affecting the stock return synchronicity.
H. Mahmoodabadi; Z. Zamani
Abstract
AbstractCorporate risk taking is important perspective related to performance.This paper is investigating the relationship between corporate risktaking and financial performance along with checking for the impactof corporate governance mechanism on risk and performance linkage.To achieve the mentioned ...
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AbstractCorporate risk taking is important perspective related to performance.This paper is investigating the relationship between corporate risktaking and financial performance along with checking for the impactof corporate governance mechanism on risk and performance linkage.To achieve the mentioned goal 101 companies listed on Tehran StockExchange over the period of 2005 to 2012 (including 808 firm- years)were examined through correlation test and using the liner regressionmodel. Result show corporate risk taking have significant positiverelationship with financial performance. In addition, boardindependence have significant negative relationship with corporaterisk taking; while association of Institutional investor and board sizeand corporate risk taking is not significant. Findings also show thatboard independence, board size and institutional investor have directsignificant impact on the relationship between corporate risk takingand financial performance
