Role of Accounting Information Quality in Recency Bias in Investors’ Behavior
Objective: This study examined the presence of the phenomenon of recency and the role of accounting information quality in the recency manifestation, concentrating on capital market mechanism with the use of accounting information. Method: In this study, earning per share, return on assets, return o...
| Main Authors: | , , , |
|---|---|
| Format: | Article |
| Language: | fas |
| Published: |
Shahid Bahonar University of Kerman
2020-01-01
|
| Series: | مجله دانش حسابداری |
| Subjects: | |
| Online Access: | https://jak.uk.ac.ir/article_2455_b19b20a558325b0da40fd34df89c3fc8.pdf |
| _version_ | 1818931694351155200 |
|---|---|
| author | Sedighe Kamranrad Roya Darabi (Ph.D) Ghodratollah Emamverdi (Ph.D) Mahboobeh Jafari (Ph.D) |
| author_facet | Sedighe Kamranrad Roya Darabi (Ph.D) Ghodratollah Emamverdi (Ph.D) Mahboobeh Jafari (Ph.D) |
| author_sort | Sedighe Kamranrad |
| collection | DOAJ |
| description | Objective: This study examined the presence of the phenomenon of recency and the role of accounting information quality in the recency manifestation, concentrating on capital market mechanism with the use of accounting information. Method: In this study, earning per share, return on assets, return on equity and book value per share were used as indicators for accounting information. The method of data analysis was inferential. To test the research hypotheses, panel data multiple regression model and data of 148 companies in the Tehran Stock Exchange during 2008-2017 were used. Results: The findings showed that accounting information quality mitigates the recency phenomenon in investors behavior in the Iranian capital Market. Conclusion: By improving the quality of accounting information reported by companies, behavioral bias in investing decision making cab be reduced. |
| first_indexed | 2024-12-20T04:20:40Z |
| format | Article |
| id | doaj.art-8be2040b6f744b9bb5b9fdc42f64ecad |
| institution | Directory Open Access Journal |
| issn | 2008-8914 2476-292X |
| language | fas |
| last_indexed | 2024-12-20T04:20:40Z |
| publishDate | 2020-01-01 |
| publisher | Shahid Bahonar University of Kerman |
| record_format | Article |
| series | مجله دانش حسابداری |
| spelling | doaj.art-8be2040b6f744b9bb5b9fdc42f64ecad2022-12-21T19:53:39ZfasShahid Bahonar University of Kermanمجله دانش حسابداری2008-89142476-292X2020-01-01104296210.22103/jak.2019.13406.28962455Role of Accounting Information Quality in Recency Bias in Investors’ BehaviorSedighe Kamranrad0Roya Darabi (Ph.D)1Ghodratollah Emamverdi (Ph.D)2Mahboobeh Jafari (Ph.D)3Ph.D Student in Accounting, South Tehran Branch, Islamic Azad University, Tehran, Iran.Associate Professor of Accounting, South Tehran Branch, Islamic Azad University, Tehran, Iran.Assistant Professor of Economics, Central Tehran Branch, Islamic Azad University, Tehran, Iran.Assistant Professor of Accounting, South Tehran Branch, Islamic Azad University, Tehran, Iran.Objective: This study examined the presence of the phenomenon of recency and the role of accounting information quality in the recency manifestation, concentrating on capital market mechanism with the use of accounting information. Method: In this study, earning per share, return on assets, return on equity and book value per share were used as indicators for accounting information. The method of data analysis was inferential. To test the research hypotheses, panel data multiple regression model and data of 148 companies in the Tehran Stock Exchange during 2008-2017 were used. Results: The findings showed that accounting information quality mitigates the recency phenomenon in investors behavior in the Iranian capital Market. Conclusion: By improving the quality of accounting information reported by companies, behavioral bias in investing decision making cab be reduced.https://jak.uk.ac.ir/article_2455_b19b20a558325b0da40fd34df89c3fc8.pdfbehavioral financerecency biasaccounting information quality |
| spellingShingle | Sedighe Kamranrad Roya Darabi (Ph.D) Ghodratollah Emamverdi (Ph.D) Mahboobeh Jafari (Ph.D) Role of Accounting Information Quality in Recency Bias in Investors’ Behavior مجله دانش حسابداری behavioral finance recency bias accounting information quality |
| title | Role of Accounting Information Quality in Recency Bias in Investors’ Behavior |
| title_full | Role of Accounting Information Quality in Recency Bias in Investors’ Behavior |
| title_fullStr | Role of Accounting Information Quality in Recency Bias in Investors’ Behavior |
| title_full_unstemmed | Role of Accounting Information Quality in Recency Bias in Investors’ Behavior |
| title_short | Role of Accounting Information Quality in Recency Bias in Investors’ Behavior |
| title_sort | role of accounting information quality in recency bias in investors behavior |
| topic | behavioral finance recency bias accounting information quality |
| url | https://jak.uk.ac.ir/article_2455_b19b20a558325b0da40fd34df89c3fc8.pdf |
| work_keys_str_mv | AT sedighekamranrad roleofaccountinginformationqualityinrecencybiasininvestorsbehavior AT royadarabiphd roleofaccountinginformationqualityinrecencybiasininvestorsbehavior AT ghodratollahemamverdiphd roleofaccountinginformationqualityinrecencybiasininvestorsbehavior AT mahboobehjafariphd roleofaccountinginformationqualityinrecencybiasininvestorsbehavior |