The effect of financial reporting quality and debt maturity on investment efficiency
In current business world, companies require suitable strategies forbetter use of their resources and wealth to solve their economicproblems. For this goal, one way is development of investment. Inaddition to development of investment, the efficiency of investment isso important. Hence, this study e...
| Main Authors: | , , |
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| Format: | Article |
| Language: | fas |
| Published: |
Allameh Tabataba'i University Press
2015-02-01
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| Series: | مطالعات تجربی حسابداری مالی |
| Subjects: | |
| Online Access: | https://qjma.atu.ac.ir/article_1095_d4703ac11d6590254cd376134458b848.pdf |
| _version_ | 1827400583444692992 |
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| author | seyed Abbas Hashemi Saeed Samadi Reyhaneh Hadian |
| author_facet | seyed Abbas Hashemi Saeed Samadi Reyhaneh Hadian |
| author_sort | seyed Abbas Hashemi |
| collection | DOAJ |
| description | In current business world, companies require suitable strategies forbetter use of their resources and wealth to solve their economicproblems. For this goal, one way is development of investment. Inaddition to development of investment, the efficiency of investment isso important. Hence, this study examines the effect of financialreporting quality and debt maturity on investment efficiency. for dataanalysis and Hypothesis testing the multiple regressions models wasused .This research has been done in 104 listed companies in TehranStock Exchange based on data contained in financial reports between2007 – 2012. The results show that upper financial reporting qualityand lower debt maturity can improve investment efficiency .resultsalso show firms with higher (lower) use of short-term debt, exhibitlower (higher) financial reporting quality effect on investmentefficiency. In other world, financial reporting quality and debtmaturity are mechanisms with some degree of substitution inenhancing investment efficiency. |
| first_indexed | 2024-03-08T20:06:25Z |
| format | Article |
| id | doaj.art-c4927c4049124d799a89a979aba01f28 |
| institution | Directory Open Access Journal |
| issn | 2821-0166 2538-2519 |
| language | fas |
| last_indexed | 2024-03-08T20:06:25Z |
| publishDate | 2015-02-01 |
| publisher | Allameh Tabataba'i University Press |
| record_format | Article |
| series | مطالعات تجربی حسابداری مالی |
| spelling | doaj.art-c4927c4049124d799a89a979aba01f282023-12-23T10:35:51ZfasAllameh Tabataba'i University Pressمطالعات تجربی حسابداری مالی2821-01662538-25192015-02-0111441171431095The effect of financial reporting quality and debt maturity on investment efficiencyseyed Abbas Hashemi0Saeed Samadi1Reyhaneh Hadian2دانشیار گروه حسابداری دانشگاه اصفهاناستادیار گروه اقتصاد دانشگاه اصفهاندانشجوی دکتری حسابداری دانشگاه اصفهانIn current business world, companies require suitable strategies forbetter use of their resources and wealth to solve their economicproblems. For this goal, one way is development of investment. Inaddition to development of investment, the efficiency of investment isso important. Hence, this study examines the effect of financialreporting quality and debt maturity on investment efficiency. for dataanalysis and Hypothesis testing the multiple regressions models wasused .This research has been done in 104 listed companies in TehranStock Exchange based on data contained in financial reports between2007 – 2012. The results show that upper financial reporting qualityand lower debt maturity can improve investment efficiency .resultsalso show firms with higher (lower) use of short-term debt, exhibitlower (higher) financial reporting quality effect on investmentefficiency. In other world, financial reporting quality and debtmaturity are mechanisms with some degree of substitution inenhancing investment efficiency.https://qjma.atu.ac.ir/article_1095_d4703ac11d6590254cd376134458b848.pdfinvestment efficiencyfinancial reporting qualitydebtmaturity |
| spellingShingle | seyed Abbas Hashemi Saeed Samadi Reyhaneh Hadian The effect of financial reporting quality and debt maturity on investment efficiency مطالعات تجربی حسابداری مالی investment efficiency financial reporting quality debtmaturity |
| title | The effect of financial reporting quality and debt
maturity on investment efficiency |
| title_full | The effect of financial reporting quality and debt
maturity on investment efficiency |
| title_fullStr | The effect of financial reporting quality and debt
maturity on investment efficiency |
| title_full_unstemmed | The effect of financial reporting quality and debt
maturity on investment efficiency |
| title_short | The effect of financial reporting quality and debt
maturity on investment efficiency |
| title_sort | effect of financial reporting quality and debt maturity on investment efficiency |
| topic | investment efficiency financial reporting quality debtmaturity |
| url | https://qjma.atu.ac.ir/article_1095_d4703ac11d6590254cd376134458b848.pdf |
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