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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Main Authors: Omid Ahad Pour, Peyman Imanzadeh
Format: Article
Language:English
Published: EconJournals 2017-06-01
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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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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