-
This paper investigates the relation between earning quality and off-type dividend yields in those firms whose dividend has either increased or decreased. Earning quality has been measured based on: earnings predictability, earnings persistence and the relation between future operating cash flows an...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | fas |
| Published: |
University of Tehran
2004-09-01
|
| Series: | بررسی‌های حسابداری و حسابرسی |
| Subjects: | |
| Online Access: | https://acctgrev.ut.ac.ir/article_10458_4e976330e23108d9d9e30369d69c55c9.pdf |
| _version_ | 1818147396557733888 |
|---|---|
| author | دکتر علی ثقفی غلامرضا کردستانی |
| author_facet | دکتر علی ثقفی غلامرضا کردستانی |
| author_sort | دکتر علی ثقفی |
| collection | DOAJ |
| description | This paper investigates the relation between earning quality and off-type dividend yields in those firms whose dividend has either increased or decreased. Earning quality has been measured based on: earnings predictability, earnings persistence and the relation between future operating cash flows and aggregate earnings or earnings components. Having controlled our information background, investment opportunities, manners of dividend receivers and also firms operating risk the results show that relation between earnings quality and market reactions is not statistically significant. A stock price reaction to dividend changes and unexpected earnings is positive and statistically meaningful. |
| first_indexed | 2024-12-11T12:34:35Z |
| format | Article |
| id | doaj.art-24481ce2004e48c489ccc31f64d86832 |
| institution | Directory Open Access Journal |
| issn | 2645-8020 2645-8039 |
| language | fas |
| last_indexed | 2024-12-11T12:34:35Z |
| publishDate | 2004-09-01 |
| publisher | University of Tehran |
| record_format | Article |
| series | بررسی‌های حسابداری و حسابرسی |
| spelling | doaj.art-24481ce2004e48c489ccc31f64d868322022-12-22T01:07:10ZfasUniversity of Tehranبررسی‌های حسابداری و حسابرسی2645-80202645-80392004-09-0111310458-دکتر علی ثقفیغلامرضا کردستانیThis paper investigates the relation between earning quality and off-type dividend yields in those firms whose dividend has either increased or decreased. Earning quality has been measured based on: earnings predictability, earnings persistence and the relation between future operating cash flows and aggregate earnings or earnings components. Having controlled our information background, investment opportunities, manners of dividend receivers and also firms operating risk the results show that relation between earnings quality and market reactions is not statistically significant. A stock price reaction to dividend changes and unexpected earnings is positive and statistically meaningful.https://acctgrev.ut.ac.ir/article_10458_4e976330e23108d9d9e30369d69c55c9.pdfDividend changesEarnings QualityMarket reactionsOff-Type Dividend YieldsUnexpected Earnings |
| spellingShingle | دکتر علی ثقفی غلامرضا کردستانی - بررسی‌های حسابداری و حسابرسی Dividend changes Earnings Quality Market reactions Off-Type Dividend Yields Unexpected Earnings |
| title | - |
| title_full | - |
| title_fullStr | - |
| title_full_unstemmed | - |
| title_short | - |
| title_sort | |
| topic | Dividend changes Earnings Quality Market reactions Off-Type Dividend Yields Unexpected Earnings |
| url | https://acctgrev.ut.ac.ir/article_10458_4e976330e23108d9d9e30369d69c55c9.pdf |