The Relationship between Level of Voluntary Disclosure in Internet and Information Asymmetry in Companies Listed on the Tehran Stock Exchange
The purpose of this study was to investigate the relationship between Internet-based disclosures with information asymmetry of listed companies in Tehran stock exchange between 2009 and 2014. In the present study, the sampling, purposive sampling method, which is used on the systematic elimination...
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Format: | Article |
Language: | English |
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EconJournals
2017-06-01
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Series: | International Journal of Economics and Financial Issues |
Online Access: | https://www.econjournals.com/index.php/ijefi/article/view/4948 |
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author | Omid Ahad Pour Peyman Imanzadeh |
author_facet | Omid Ahad Pour Peyman Imanzadeh |
author_sort | Omid Ahad Pour |
collection | DOAJ |
description |
The purpose of this study was to investigate the relationship between Internet-based disclosures with information asymmetry of listed companies in Tehran stock exchange between 2009 and 2014. In the present study, the sampling, purposive sampling method, which is used on the systematic elimination of 85 companies were selected. In order to assess the exact impact of each factor on the dependent variables, each of these components in main hypotheses were tested and handed intended. The results showed an inverse relationship between the level of voluntary disclosure on the Internet and meaningful information asymmetry exists.
Keywords: Voluntary Disclosure in Internet, Information Asymmetry, Stock Exchange
JEL Classifications: F31, L86
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first_indexed | 2024-04-10T13:29:03Z |
format | Article |
id | doaj.art-46a7e3be0fdc4d358d1527440856d650 |
institution | Directory Open Access Journal |
issn | 2146-4138 |
language | English |
last_indexed | 2024-04-10T13:29:03Z |
publishDate | 2017-06-01 |
publisher | EconJournals |
record_format | Article |
series | International Journal of Economics and Financial Issues |
spelling | doaj.art-46a7e3be0fdc4d358d1527440856d6502023-02-15T16:11:46ZengEconJournalsInternational Journal of Economics and Financial Issues2146-41382017-06-0173The Relationship between Level of Voluntary Disclosure in Internet and Information Asymmetry in Companies Listed on the Tehran Stock ExchangeOmid Ahad PourPeyman Imanzadeh The purpose of this study was to investigate the relationship between Internet-based disclosures with information asymmetry of listed companies in Tehran stock exchange between 2009 and 2014. In the present study, the sampling, purposive sampling method, which is used on the systematic elimination of 85 companies were selected. In order to assess the exact impact of each factor on the dependent variables, each of these components in main hypotheses were tested and handed intended. The results showed an inverse relationship between the level of voluntary disclosure on the Internet and meaningful information asymmetry exists. Keywords: Voluntary Disclosure in Internet, Information Asymmetry, Stock Exchange JEL Classifications: F31, L86 https://www.econjournals.com/index.php/ijefi/article/view/4948 |
spellingShingle | Omid Ahad Pour Peyman Imanzadeh The Relationship between Level of Voluntary Disclosure in Internet and Information Asymmetry in Companies Listed on the Tehran Stock Exchange International Journal of Economics and Financial Issues |
title | The Relationship between Level of Voluntary Disclosure in Internet and Information Asymmetry in Companies Listed on the Tehran Stock Exchange |
title_full | The Relationship between Level of Voluntary Disclosure in Internet and Information Asymmetry in Companies Listed on the Tehran Stock Exchange |
title_fullStr | The Relationship between Level of Voluntary Disclosure in Internet and Information Asymmetry in Companies Listed on the Tehran Stock Exchange |
title_full_unstemmed | The Relationship between Level of Voluntary Disclosure in Internet and Information Asymmetry in Companies Listed on the Tehran Stock Exchange |
title_short | The Relationship between Level of Voluntary Disclosure in Internet and Information Asymmetry in Companies Listed on the Tehran Stock Exchange |
title_sort | relationship between level of voluntary disclosure in internet and information asymmetry in companies listed on the tehran stock exchange |
url | https://www.econjournals.com/index.php/ijefi/article/view/4948 |
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