The effect of Disclosure Quality on Income Smoothing & Informativenes

ISBN-13: 9786200276124 / Angielski

Heidar Foroughnejad; Shahin Ahmadi; Amin Sadat

Opis

This book describes the ranking of disclosure quality in Iran's capital market as an quantitative measure and also describes it's impact on income smoothing and informativeness in securities market. The corporations listed in Tehran Stock Exchange are the sample described in this book. The result confirms that higher rank of disclosure quality improves income informativeness and lower disclosure quality will increase income smoothing behavior. The effect of income smoothing on informativeness showed that income smoothing has a sensible positive effect on informativeness and also income smoothing has a meaningful effect on strong disclosure quality companies.

O autorze

Foroughnejad, Heidar
Heidar Foroughnejad is the assistant professor of management faculty, finance department, Islamic Azad University, North Tehran Branch. He is also a capital market activist for at least 2 decades. He is also an official court expert in auditing and accounting field.