The role of earnings management and dividend announcement in explanation of information asymmetry: Evidence from Tehran Stock Exchange
This study examines the relationship between earnings management and information asymmetry based on some companies listed in Tehran Stock Exchange over the period of 2005-2010. The study only uses qualified samples by taking into account all limitations and necessary criteria. Based on the results o...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Growing Science
2012-10-01
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| Series: | Management Science Letters |
| Subjects: | |
| Online Access: | http://www.growingscience.com/msl/Vol2/msl_2012_178.pdf |
| _version_ | 1818958063080570880 |
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| author | Mohammad Hassani Fatemeh Taheri |
| author_facet | Mohammad Hassani Fatemeh Taheri |
| author_sort | Mohammad Hassani |
| collection | DOAJ |
| description | This study examines the relationship between earnings management and information asymmetry based on some companies listed in Tehran Stock Exchange over the period of 2005-2010. The study only uses qualified samples by taking into account all limitations and necessary criteria. Based on the results of this survey, we can conclude that there is not a significant relationship between earning management and information asymmetry in Tehran Stock Exchange. There is also not a significant relationship between low or high earning management and information asymmetry. Estimated dividend announcement has information content and it can influence on information asymmetry. Finally, in Tehran Stock Exchange, there is information asymmetry and after dividend announcement, its value is more than before. |
| first_indexed | 2024-12-20T11:19:47Z |
| format | Article |
| id | doaj.art-084d8ce8824547ac959fc72f9267bd8c |
| institution | Directory Open Access Journal |
| issn | 1923-9335 1923-9343 |
| language | English |
| last_indexed | 2024-12-20T11:19:47Z |
| publishDate | 2012-10-01 |
| publisher | Growing Science |
| record_format | Article |
| series | Management Science Letters |
| spelling | doaj.art-084d8ce8824547ac959fc72f9267bd8c2022-12-21T19:42:33ZengGrowing ScienceManagement Science Letters1923-93351923-93432012-10-012725372544The role of earnings management and dividend announcement in explanation of information asymmetry: Evidence from Tehran Stock ExchangeMohammad HassaniFatemeh TaheriThis study examines the relationship between earnings management and information asymmetry based on some companies listed in Tehran Stock Exchange over the period of 2005-2010. The study only uses qualified samples by taking into account all limitations and necessary criteria. Based on the results of this survey, we can conclude that there is not a significant relationship between earning management and information asymmetry in Tehran Stock Exchange. There is also not a significant relationship between low or high earning management and information asymmetry. Estimated dividend announcement has information content and it can influence on information asymmetry. Finally, in Tehran Stock Exchange, there is information asymmetry and after dividend announcement, its value is more than before.http://www.growingscience.com/msl/Vol2/msl_2012_178.pdfEarning managementDividend announcementInformation asymmetry |
| spellingShingle | Mohammad Hassani Fatemeh Taheri The role of earnings management and dividend announcement in explanation of information asymmetry: Evidence from Tehran Stock Exchange Management Science Letters Earning management Dividend announcement Information asymmetry |
| title | The role of earnings management and dividend announcement in explanation of information asymmetry: Evidence from Tehran Stock Exchange |
| title_full | The role of earnings management and dividend announcement in explanation of information asymmetry: Evidence from Tehran Stock Exchange |
| title_fullStr | The role of earnings management and dividend announcement in explanation of information asymmetry: Evidence from Tehran Stock Exchange |
| title_full_unstemmed | The role of earnings management and dividend announcement in explanation of information asymmetry: Evidence from Tehran Stock Exchange |
| title_short | The role of earnings management and dividend announcement in explanation of information asymmetry: Evidence from Tehran Stock Exchange |
| title_sort | role of earnings management and dividend announcement in explanation of information asymmetry evidence from tehran stock exchange |
| topic | Earning management Dividend announcement Information asymmetry |
| url | http://www.growingscience.com/msl/Vol2/msl_2012_178.pdf |
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