Relation between Firm Characteristics and Financial Restatements
Journal Title: International Research Journal of Applied and Basic Sciences - Year 2013, Vol 5, Issue 4
Abstract
This study investigates the relationship between firm characteristics and financial Restatements. A samples consisting of 900 year - firm during the period 2003 to 2011 was studied. The Logistic Regression was applied to test the hypothesis. In the first method, the significant and direction of relationship between the variables were examined. Using the backward method, an optimal model was introduced to predict the financial Restatements. To measure the accruals, the modified jones model was used by Dec how et al. The results show a negative and meaningful relationship between The Firm size and financial restatements. There is also a positive relationship between the financial restatements with firms Losses in a year before the statement, financing through the floatation and B/P ratio.
Authors and Affiliations
Farzin Rezaei| Assistant ph.D. In accounting management and accounting faculty, Islamic azad university Qazvin branch, Qazvin, Iran., SeyedMostafa Mahmoudi| Master in accounting, Islamic azad university Qazvin branch, Tehran, Iran. email: mahmoudi2617@gmail.com
Partial Purification And Characterization Of Polyphenol Oxidase From Wild Pears (Pyrus communis)
precipitation, dialysis and ion exchange chromatography. Of the substrates tested, pyrogallol was the better substrate for PPO with a Km value of 8.7 mM at pH 5 and catechol is better with Km value 4.7 mM at pH 7. The en...
Optimal design of hybrid water-wind-solar system based on hydrogen storage and evaluation of reliability index of system using ant colony algorithm
In the current research, feasibility study of using renewable energy resources in isolated regions is conducted independently from the power distribution grid and aimed at supplying electricity at lower cost and taking i...
Study of spirituality well being of nursing students of Shiraz University of medical science
spirituality well being is the main key of professional concept. High level of spirituality well being is effective for enabling nurses, regarding to this point that most studies mostly put Emphasis on spirituality well...
Comparing walking and a selected aerobic exercise effect on cardiovascular risk factors in non-athletic postmenopausal women after twelve weeks of training
Given the importance of physical activity in preventing cardiovascular disease, this study compares walking and a selected aerobic exercise effects on cardiovascular risk factors in non-athletic postmenopausal (50-60 yea...
Reasons the DartsFans Attending Live Events
Sports organizations today operate in a complex leisure market, and must apply advanced marketing methods in order to survive. Sports fans are motivated to attend events for a variety of reasons, and understanding these...