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This study is first research of earnings management by initial public offering (IPO) firms in Iran country. Using a sample of 30 Iranian IPO’s through 1378-1380, we investigate the pattern of discretionary current accruals (DCA) over time. We find that managers manage their company’s earnings in the...
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| Format: | Article |
| Language: | fas |
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University of Tehran
2006-11-01
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| Series: | بررسی‌های حسابداری و حسابرسی |
| Subjects: | |
| Online Access: | https://acctgrev.ut.ac.ir/article_18473_68570a2c0eb06636444b2fe008c97fcc.pdf |
| _version_ | 1818483582016946176 |
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| author | علی ابراهیمی کردلر الهام حسنی اذر داریانی |
| author_facet | علی ابراهیمی کردلر الهام حسنی اذر داریانی |
| author_sort | علی ابراهیمی کردلر |
| collection | DOAJ |
| description | This study is first research of earnings management by initial public offering (IPO) firms in Iran country. Using a sample of 30 Iranian IPO’s through 1378-1380, we investigate the pattern of discretionary current accruals (DCA) over time. We find that managers manage their company’s earnings in the first year as a public company but not in the years before the IPO. We also examine the impact of earnings management on the long-run stock price performance of IPO’s. We find a positive relation between the size of the DCA in the first year as a public company and long-run stock price performance over the next 3 years. A number of additional tests support these findings. |
| first_indexed | 2024-12-10T15:43:47Z |
| format | Article |
| id | doaj.art-2f93eb4d86524d72a7e084eeae39a09a |
| institution | Directory Open Access Journal |
| issn | 2645-8020 2645-8039 |
| language | fas |
| last_indexed | 2024-12-10T15:43:47Z |
| publishDate | 2006-11-01 |
| publisher | University of Tehran |
| record_format | Article |
| series | بررسی‌های حسابداری و حسابرسی |
| spelling | doaj.art-2f93eb4d86524d72a7e084eeae39a09a2022-12-22T01:43:01ZfasUniversity of Tehranبررسی‌های حسابداری و حسابرسی2645-80202645-80392006-11-0113318473-علی ابراهیمی کردلرالهام حسنی اذر داریانیThis study is first research of earnings management by initial public offering (IPO) firms in Iran country. Using a sample of 30 Iranian IPO’s through 1378-1380, we investigate the pattern of discretionary current accruals (DCA) over time. We find that managers manage their company’s earnings in the first year as a public company but not in the years before the IPO. We also examine the impact of earnings management on the long-run stock price performance of IPO’s. We find a positive relation between the size of the DCA in the first year as a public company and long-run stock price performance over the next 3 years. A number of additional tests support these findings.https://acctgrev.ut.ac.ir/article_18473_68570a2c0eb06636444b2fe008c97fcc.pdfDiscretionary Current AccrualsEarnings Managementfinancial reportingInitial public offeringLong run stock price performance |
| spellingShingle | علی ابراهیمی کردلر الهام حسنی اذر داریانی - بررسی‌های حسابداری و حسابرسی Discretionary Current Accruals Earnings Management financial reporting Initial public offering Long run stock price performance |
| title | - |
| title_full | - |
| title_fullStr | - |
| title_full_unstemmed | - |
| title_short | - |
| title_sort | |
| topic | Discretionary Current Accruals Earnings Management financial reporting Initial public offering Long run stock price performance |
| url | https://acctgrev.ut.ac.ir/article_18473_68570a2c0eb06636444b2fe008c97fcc.pdf |