Investigation of Effective Timing and Economic Factors on the Relation Between Accruals And Operating Cash Flows
Investigating the Relation Between Accruals and Operating Cash Flows and Effective Factors on this Relation can be useful for shareholders and capital market analysts. The purpose of this study is to investigate the Relation Between Accruals and Operating Cash Flows and Effective Timing and Economic...
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| Format: | Article |
| Language: | fas |
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Allameh Tabataba'i University Press
2018-12-01
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| Series: | مطالعات تجربی حسابداری مالی |
| Subjects: | |
| Online Access: | https://qjma.atu.ac.ir/article_9951_35d2ba193e1e5877473239cf04f5ca3b.pdf |
| _version_ | 1797378319741616128 |
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| author | Gholamreza Kordestani Javad Rezazadeh Javad Rezazadeh |
| author_facet | Gholamreza Kordestani Javad Rezazadeh Javad Rezazadeh |
| author_sort | Gholamreza Kordestani |
| collection | DOAJ |
| description | Investigating the Relation Between Accruals and Operating Cash Flows and Effective Factors on this Relation can be useful for shareholders and capital market analysts. The purpose of this study is to investigate the Relation Between Accruals and Operating Cash Flows and Effective Timing and Economic Factors on this Relation. To do so, data of 107 stocks listed in Tehran Stock Exchange in a period of 11 years during 2005 to 2015 were analyzed. First of all, with utilization of times-series regression, the relationship between accruals and cash flows over time were examined. Afterwards, Effective Timing and Economic Factors that could affect this relation were considered utilizing Time-Series Regressions. The results indicate a significant negative relationship between Accruals and Operating Cash Flows showing drops from about -0/997 in 2005 to -0/347 in 2015. Furthermore, out of five potential factors, three of which including Timing-Related Cash Flow Shocks, increases in non-timing-related accrual recognition, as proxied by one-time and non-operating items and the growth of intangible-intensive industries play a role in the majority of the overall decline. In other words, the growth in the frequency and the magnitude of these items has given rise to a decrease in the negative accrual–cash flow relation and operational Cash Flow Shocks throughout the project. |
| first_indexed | 2024-03-08T20:05:04Z |
| format | Article |
| id | doaj.art-77fda36d14a146b2b88fd0169ec4275e |
| institution | Directory Open Access Journal |
| issn | 2821-0166 2538-2519 |
| language | fas |
| last_indexed | 2024-03-08T20:05:04Z |
| publishDate | 2018-12-01 |
| publisher | Allameh Tabataba'i University Press |
| record_format | Article |
| series | مطالعات تجربی حسابداری مالی |
| spelling | doaj.art-77fda36d14a146b2b88fd0169ec4275e2023-12-23T10:37:11ZfasAllameh Tabataba'i University Pressمطالعات تجربی حسابداری مالی2821-01662538-25192018-12-011560335910.22054/qjma.2019.99519951Investigation of Effective Timing and Economic Factors on the Relation Between Accruals And Operating Cash FlowsGholamreza Kordestani0Javad Rezazadeh1Javad Rezazadeh2دانشیار گروه حسابداری دانشگاه بین المللی امام خمینی (ره)Associate Professor, Accounting Department, Tarbiat Modares UniversityAssociate Professor, Accounting Department, Tarbiat Modares UniversityInvestigating the Relation Between Accruals and Operating Cash Flows and Effective Factors on this Relation can be useful for shareholders and capital market analysts. The purpose of this study is to investigate the Relation Between Accruals and Operating Cash Flows and Effective Timing and Economic Factors on this Relation. To do so, data of 107 stocks listed in Tehran Stock Exchange in a period of 11 years during 2005 to 2015 were analyzed. First of all, with utilization of times-series regression, the relationship between accruals and cash flows over time were examined. Afterwards, Effective Timing and Economic Factors that could affect this relation were considered utilizing Time-Series Regressions. The results indicate a significant negative relationship between Accruals and Operating Cash Flows showing drops from about -0/997 in 2005 to -0/347 in 2015. Furthermore, out of five potential factors, three of which including Timing-Related Cash Flow Shocks, increases in non-timing-related accrual recognition, as proxied by one-time and non-operating items and the growth of intangible-intensive industries play a role in the majority of the overall decline. In other words, the growth in the frequency and the magnitude of these items has given rise to a decrease in the negative accrual–cash flow relation and operational Cash Flow Shocks throughout the project.https://qjma.atu.ac.ir/article_9951_35d2ba193e1e5877473239cf04f5ca3b.pdfearnings managementintangible assetsnon-timing-related accrualsoperating cash flowsstock price |
| spellingShingle | Gholamreza Kordestani Javad Rezazadeh Javad Rezazadeh Investigation of Effective Timing and Economic Factors on the Relation Between Accruals And Operating Cash Flows مطالعات تجربی حسابداری مالی earnings management intangible assets non-timing-related accruals operating cash flows stock price |
| title | Investigation of Effective Timing and Economic Factors on the Relation Between Accruals And Operating Cash Flows |
| title_full | Investigation of Effective Timing and Economic Factors on the Relation Between Accruals And Operating Cash Flows |
| title_fullStr | Investigation of Effective Timing and Economic Factors on the Relation Between Accruals And Operating Cash Flows |
| title_full_unstemmed | Investigation of Effective Timing and Economic Factors on the Relation Between Accruals And Operating Cash Flows |
| title_short | Investigation of Effective Timing and Economic Factors on the Relation Between Accruals And Operating Cash Flows |
| title_sort | investigation of effective timing and economic factors on the relation between accruals and operating cash flows |
| topic | earnings management intangible assets non-timing-related accruals operating cash flows stock price |
| url | https://qjma.atu.ac.ir/article_9951_35d2ba193e1e5877473239cf04f5ca3b.pdf |
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