A study on relationship between earning conservatism with investment elasticity on Iranian firms
This paper presents an empirical investigation to see whether or not there is any relationship between profit conservatism and investment sensitivity and efficiency of investments in listed companies of Tehran Stock Exchange (TSE). Using regression analysis, the study investigates whether there is a...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Growing Science
2014-06-01
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| Series: | Management Science Letters |
| Subjects: | |
| Online Access: | http://www.growingscience.com/msl/Vol4/msl_2014_115.pdf |
| _version_ | 1819298973533339648 |
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| author | Hassan Ghordati Mohammad Golestani Rad |
| author_facet | Hassan Ghordati Mohammad Golestani Rad |
| author_sort | Hassan Ghordati |
| collection | DOAJ |
| description | This paper presents an empirical investigation to see whether or not there is any relationship between profit conservatism and investment sensitivity and efficiency of investments in listed companies of Tehran Stock Exchange (TSE). Using regression analysis, the study investigates whether there is any relationship between conservatism and sensitivity of investments, between profit conservatism and efficiency of company’s investments and between conservatism ability to create profit and cash in accepted TSE firms. The study chooses a sample of 102 firms from TSE market over the period 2005-2011 and the results confirmed that there were positive and meaningful relationship between all variables of the survey (α = 5%). |
| first_indexed | 2024-12-24T05:38:24Z |
| format | Article |
| id | doaj.art-79337ce6ea2340fb9ecf790617b5bb50 |
| institution | Directory Open Access Journal |
| issn | 1923-2934 1923-9343 |
| language | English |
| last_indexed | 2024-12-24T05:38:24Z |
| publishDate | 2014-06-01 |
| publisher | Growing Science |
| record_format | Article |
| series | Management Science Letters |
| spelling | doaj.art-79337ce6ea2340fb9ecf790617b5bb502022-12-21T17:12:54ZengGrowing ScienceManagement Science Letters1923-29341923-93432014-06-01461299130810.5267/j.msl.2014.4.012A study on relationship between earning conservatism with investment elasticity on Iranian firmsHassan GhordatiMohammad Golestani RadThis paper presents an empirical investigation to see whether or not there is any relationship between profit conservatism and investment sensitivity and efficiency of investments in listed companies of Tehran Stock Exchange (TSE). Using regression analysis, the study investigates whether there is any relationship between conservatism and sensitivity of investments, between profit conservatism and efficiency of company’s investments and between conservatism ability to create profit and cash in accepted TSE firms. The study chooses a sample of 102 firms from TSE market over the period 2005-2011 and the results confirmed that there were positive and meaningful relationship between all variables of the survey (α = 5%).http://www.growingscience.com/msl/Vol4/msl_2014_115.pdfProfit conservatismInvestment ElasticityCash flow |
| spellingShingle | Hassan Ghordati Mohammad Golestani Rad A study on relationship between earning conservatism with investment elasticity on Iranian firms Management Science Letters Profit conservatism Investment Elasticity Cash flow |
| title | A study on relationship between earning conservatism with investment elasticity on Iranian firms |
| title_full | A study on relationship between earning conservatism with investment elasticity on Iranian firms |
| title_fullStr | A study on relationship between earning conservatism with investment elasticity on Iranian firms |
| title_full_unstemmed | A study on relationship between earning conservatism with investment elasticity on Iranian firms |
| title_short | A study on relationship between earning conservatism with investment elasticity on Iranian firms |
| title_sort | study on relationship between earning conservatism with investment elasticity on iranian firms |
| topic | Profit conservatism Investment Elasticity Cash flow |
| url | http://www.growingscience.com/msl/Vol4/msl_2014_115.pdf |
| work_keys_str_mv | AT hassanghordati astudyonrelationshipbetweenearningconservatismwithinvestmentelasticityoniranianfirms AT mohammadgolestanirad astudyonrelationshipbetweenearningconservatismwithinvestmentelasticityoniranianfirms AT hassanghordati studyonrelationshipbetweenearningconservatismwithinvestmentelasticityoniranianfirms AT mohammadgolestanirad studyonrelationshipbetweenearningconservatismwithinvestmentelasticityoniranianfirms |