In current business world, companies require suitable strategies for better use of their resources and wealth to solve their economic problems. For this goal, one way is development of investment. In addition to development of investment, the efficiency of investment is so important. Hence, this study examines the effect of financial reporting quality and debt maturity on investment efficiency. for data analysis and Hypothesis testing the multiple regressions models was used .This research has been done in 104 listed companies in Tehran Stock Exchange based on data contained in financial reports between 2007 – 2012. The results show that upper financial reporting quality and lower debt maturity can improve investment efficiency .results also show firms with higher (lower) use of short-term debt, exhibit lower (higher) financial reporting quality effect on investment efficiency. In other world, financial reporting quality and debt maturity are mechanisms with some degree of substitution in enhancing investment efficiency.
Hashemi,S A , Samadi,S and Hadian,R . (2015). The effect of financial reporting quality and debt
maturity on investment efficiency. Empirical Studies in Financial Accounting, 11(44), 117-143.
MLA
Hashemi,S A , , Samadi,S , and Hadian,R . "The effect of financial reporting quality and debt
maturity on investment efficiency", Empirical Studies in Financial Accounting, 11, 44, 2015, 117-143.
HARVARD
Hashemi S A, Samadi S, Hadian R. (2015). 'The effect of financial reporting quality and debt
maturity on investment efficiency', Empirical Studies in Financial Accounting, 11(44), pp. 117-143.
CHICAGO
S A Hashemi, S Samadi and R Hadian, "The effect of financial reporting quality and debt
maturity on investment efficiency," Empirical Studies in Financial Accounting, 11 44 (2015): 117-143,
VANCOUVER
Hashemi S A, Samadi S, Hadian R. The effect of financial reporting quality and debt
maturity on investment efficiency. Empirical Studies in Financial Accounting. 2015;11(44):117-143 (In Persian).
