The Relationship between Financial Reporting Quality and Idiosyncratic Stock Return Volatility Among Companies Listed on Tehran Stock Exchange
qualityaffect idiosyncratic stock return volatility among companies listed on Tehran Stock Exchange (TSE). It is assumed that decrease in financial reporting quality increasesthe variance of idiosyncratic stock return in those companies. Data was analyzed pooled, for The aim of this research is to i...
| Main Authors: | , , |
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| Format: | Article |
| Language: | fas |
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Alzahra University
2012-03-01
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| Series: | پژوهشهای تجربی حسابداری |
| Subjects: | |
| Online Access: | http://jera.alzahra.ac.ir/article_537_cf978af1d027222d115274d070163abf.pdf |
| _version_ | 1819065161747529728 |
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| author | AbdolKarim Moghaddam Mostafa Ahmadinejad Soltan Javanmardi |
| author_facet | AbdolKarim Moghaddam Mostafa Ahmadinejad Soltan Javanmardi |
| author_sort | AbdolKarim Moghaddam |
| collection | DOAJ |
| description | qualityaffect idiosyncratic stock return volatility among companies listed on Tehran Stock Exchange (TSE). It is assumed that decrease in financial reporting quality increasesthe variance of idiosyncratic stock return in those companies. Data was analyzed pooled, for The aim of this research is to investigate thefinancial reporting 2008-2010. To calculate financial reporting quality, three criteria were employed: decrease in the quality of accruals, discretionary accruals and the square of discretionary accruals, and idiosyncratic stock return volatility was measured by the variance of monthly idiosyncratic stock return.Findings indicate thatearnings smoothing with the total accruals and discretionary accrualsis understood by stock exchanges and contributes to increase in the volatility of idiosyncratic stock return in the companies. |
| first_indexed | 2024-12-21T15:42:04Z |
| format | Article |
| id | doaj.art-bb3ba051cdff4350b337f616c10a2de8 |
| institution | Directory Open Access Journal |
| issn | 2251-8509 2538-1520 |
| language | fas |
| last_indexed | 2024-12-21T15:42:04Z |
| publishDate | 2012-03-01 |
| publisher | Alzahra University |
| record_format | Article |
| series | پژوهشهای تجربی حسابداری |
| spelling | doaj.art-bb3ba051cdff4350b337f616c10a2de82022-12-21T18:58:28ZfasAlzahra Universityپژوهشهای تجربی حسابداری2251-85092538-15202012-03-0113173210.22051/jera.2013.537537The Relationship between Financial Reporting Quality and Idiosyncratic Stock Return Volatility Among Companies Listed on Tehran Stock ExchangeAbdolKarim Moghaddam0Mostafa Ahmadinejad1Soltan Javanmardi2دانشگاه پیام نور مرکز تهراندانشگاه اصفهاندانشگاه پیام نورqualityaffect idiosyncratic stock return volatility among companies listed on Tehran Stock Exchange (TSE). It is assumed that decrease in financial reporting quality increasesthe variance of idiosyncratic stock return in those companies. Data was analyzed pooled, for The aim of this research is to investigate thefinancial reporting 2008-2010. To calculate financial reporting quality, three criteria were employed: decrease in the quality of accruals, discretionary accruals and the square of discretionary accruals, and idiosyncratic stock return volatility was measured by the variance of monthly idiosyncratic stock return.Findings indicate thatearnings smoothing with the total accruals and discretionary accrualsis understood by stock exchanges and contributes to increase in the volatility of idiosyncratic stock return in the companies.http://jera.alzahra.ac.ir/article_537_cf978af1d027222d115274d070163abf.pdfFinancial Reporting QualityAccrualsDiscretionary AccrualsSquare of Discretionary Accruals |
| spellingShingle | AbdolKarim Moghaddam Mostafa Ahmadinejad Soltan Javanmardi The Relationship between Financial Reporting Quality and Idiosyncratic Stock Return Volatility Among Companies Listed on Tehran Stock Exchange پژوهشهای تجربی حسابداری Financial Reporting Quality AccrualsDiscretionary Accruals Square of Discretionary Accruals |
| title | The Relationship between Financial Reporting Quality and Idiosyncratic Stock Return Volatility Among Companies Listed on Tehran Stock Exchange |
| title_full | The Relationship between Financial Reporting Quality and Idiosyncratic Stock Return Volatility Among Companies Listed on Tehran Stock Exchange |
| title_fullStr | The Relationship between Financial Reporting Quality and Idiosyncratic Stock Return Volatility Among Companies Listed on Tehran Stock Exchange |
| title_full_unstemmed | The Relationship between Financial Reporting Quality and Idiosyncratic Stock Return Volatility Among Companies Listed on Tehran Stock Exchange |
| title_short | The Relationship between Financial Reporting Quality and Idiosyncratic Stock Return Volatility Among Companies Listed on Tehran Stock Exchange |
| title_sort | relationship between financial reporting quality and idiosyncratic stock return volatility among companies listed on tehran stock exchange |
| topic | Financial Reporting Quality AccrualsDiscretionary Accruals Square of Discretionary Accruals |
| url | http://jera.alzahra.ac.ir/article_537_cf978af1d027222d115274d070163abf.pdf |
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