Investigation of Effects of Corporate Reporting Quality, Timeliness and Quantity for Disclosure and Reliability of Financial Reports on Stock Price Delay
Journal Title: Advances in Mathematical Finance and Applications - Year 2016, Vol 1, Issue 1
Abstract
This paper aims to investigate the effect of firm reporting quality, timeliness and quantity for disclosure and reliability of financial reports on the reaction of stock price delay. Statistical population includes 111 active firms in Tehran stock exchange during 2010-2014 using Cochrane method with the confidence level of 95%. Totally, they were 555 firms-years. In this paper, linear and nonlinear regression tests have been used to investigate the research hypotheses, analyze the data and examine the hypotheses using Eviews software. Results indicated that the score of disclosure quality, timeliness and reliability affected the stock price delay; also, the mentioned effects were confirmed in the firms with high risk of lack of funds.
Authors and Affiliations
Ahmad Hoseini
Keywords
Related Articles
- EP ID EP512508
- DOI 10.22034/AMFA.2016.526245
- Views 56
- Downloads 0
According to Agency Theory and Neoclassical Theory; New Ownership and Diversity of Public Sector Companies in Corporate Life Cycle
The purpose of this study is investigating and determining rate of seizing assets and acquisition other companies by public sector companies. We estimate this rate at various stages of the life cycle of the company. Ther...
Investigating the Relationship between the Facility Interest Rate and the Bank Deposit Interest Rate in Iran
The facility interest rate is one of the most important macroeconomic variables. The bank facility interest rate is associated with other macro-economic variables, one of which is the bank deposit interest rate. Using th...
Investigating the Impact of the Financial Crisis on Conservative Accounting and Transparency of Banking Information
The phenomenon of the financial crisis is not a new phenomenon around the world. The structure of an economy or a set of economies may face a financial crisis. In fact, it is deformation, dimensions, causes and roots of...
Impact of the Management Performance Evaluation Methods on the Data Quality in Accounting
The impact of the management performance evaluation methods on the information quality in accounting will be studied in this paper. The information plays two roles in the market-oriented economies; first, it allows the i...
Taylor Rule: A Model for the Mechanism of Monetary Policy and Inflation Control in the Framework of the Interest-Free Banking Act
The ultimate goal of monetary policy is to achieve price stability and high output. In this regard, central banks usually change the interest rate, liquidity, and money base in order to apply monetary policies. The John...