Audit Quality and Accounting Conservatism: Evidence from the Listed Companies on the Tehran Stock Exchange
Shokrolah
Khajoy
دانشیار حسابداری دانشگاه شیراز، ایران
author
Mehrdad
Ebrahimi
دانشجوی دکتری حسابداری دانشگاه شیراز، ایران
author
text
article
2015
per
Information theory is one of the hypotheses which explain auditing services demands in free markets. Thus, investors and entrepreneurs are going to have access to audited and verified information to achieve securities trading advantages. Manager opportunistic behaviors could be confined by conservatism and management biases are reduced by asymmetric verification. Conservatism looks like an efficient financial reporting mechanism. So, as mentioned before the goal of this research is to investigate the audit quality influence on accounting conservatism of listed companies in Tehran Stock Exchange (TSE). To have access to this goal, audit quality indices are measured by audit firm size, audit firm tenure and audit firm expertise. Furthermore, firm-level measure of accounting conservatism developed by Khan and Watts (2007) is utilized to measure accounting conservatism. The data sample consists of 84 companies in TSE during 1385 to 1390. In conducting this research, three main hypotheses are designed to examine the audit quality influence on accounting conservatism of the firms. Accordingly, the statistical technique known as the “Pool Data” is exerted to test the research hypotheses.
Hypotheses testing results demonstrate that accounting conservatism is positively affected by audit firm size and audit firm expertise; on the other hand even after controlling potential confounding effects, the relationship between audit firm tenure and accounting conservatism is negative.
Accounting and Auditing Research
Licence Holder
Iranian Accounting Association
Director & Editor-in-chief
Ali Saghafi(PhD)
Director & General Secretary
Naser Partovi
Editorial Assistant
Maryam Asgharzadeh Badr
2251-8428
7
v.
27
no.
2015
4
19
https://www.iaaaar.com/article_103793_71d4cfb57849530d3170e2a9bce9eee4.pdf
dx.doi.org/10.22034/iaar.2015.103793
The Effect of Costs Stickiness on Conditional Conservatism
Seyed Abas
Hashemi
دانشیار گروه حسابداری، دانشکده علوم اداری و اقتصاد، دانشگاه اصفهان
author
Ali
Nejati
مربی گروه حسابداری، دانشکده آیت الله خامنه ای میناب، دانشگاه فنی و حرفه ای
author
text
article
2015
per
Conditional conservatism appears in prompt recognition of loss toward earnings that is so called asymmetric timeliness of earnings. The asymmetric timeliness of earnings could arise from other phenomenon which is called costs stickiness. Costs stickiness means that costs are increasing during the sales increase, but when the sales decrease, the costs reduction will not be as much as prior increase. This research aims to identify the effect of costs stickiness on conditional conservatism. In order to attain the research purpose, 115 companies among the listed companies in Tehran Stock Exchange during the years 1382 to 1391 (2003-2012) were selected as statistical samples For data analysis and hypothesis testing, multivariable regression and compound data have been used. Findings of research signify that after controlling for the effect of costs stickiness, conditional conservatism will decrease, which means that a part of asymmetric timeliness of earnings model is due to costs stickiness. Also, if the cost stickiness effect during estimating the conditional conservatism is disregarded, the measured conservatism will be estimated more than its actual value.
Accounting and Auditing Research
Licence Holder
Iranian Accounting Association
Director & Editor-in-chief
Ali Saghafi(PhD)
Director & General Secretary
Naser Partovi
Editorial Assistant
Maryam Asgharzadeh Badr
2251-8428
7
v.
27
no.
2015
20
33
https://www.iaaaar.com/article_103794_bc1d6e9dec2d776710a46b3291b7721f.pdf
dx.doi.org/10.22034/iaar.2015.103794
A Survey on Relationship between Auditors Professional and Organizational Commitment with Dysfunctional Audit Behavior
Mahmood
Mousavi Shiri
دانشیار دانشگاه پیام نور
author
Mehdi
Salehi
استادیار دانشگاه فردوسی مشهد
author
Mohammad
Ahmadnezhad
دانشجوی کارشناسی ارشد حسابداری دانشگاه آزاد اسلامی، واحد علوم و تحقیقات
author
text
article
2015
per
In this study we tested the relation between professional commitment and organizational commitment with dysfunctional audit behavior by questionnaire.
For fitting model and hypotheses exam, studying structural equation modeling technique (SEM), has been used. The sample volume in this study is 384 auditors of audit firms, were determined, that finally 275 questioners were answered by auditors of audit institutes in all organizational position. The results show that the professional commitment and all its elements affective commitment, normative commitment, continuous commitment with organizational commitment and all its elements organizational performance and organizational absenteeism have meaningful relationship with dysfunctional audit behavior.
Accounting and Auditing Research
Licence Holder
Iranian Accounting Association
Director & Editor-in-chief
Ali Saghafi(PhD)
Director & General Secretary
Naser Partovi
Editorial Assistant
Maryam Asgharzadeh Badr
2251-8428
7
v.
27
no.
2015
34
53
https://www.iaaaar.com/article_103796_9eb6630b771bd47b98a3598cae771134.pdf
dx.doi.org/10.22034/iaar.2015.103796
Investigation of conservatism on earnings quality in companies listed in Tehran stock exchange
Seyed Ali
Hosseini
عضو هیأت علمی دانشگاه الزهرا (س)، تهران، ایران
author
Sara
Razani
کارشناس ارشد حسابداری دانشگاه الزهرا (س)، تهران، ایران
author
text
article
2015
per
This study is investigating the relationship between conditional and unconditional conservatism on earnings quality for the companies listed in Tehran Stock Exchange for the time era of 2006 to 2011 This study uses Basu model as a proxy for time asymmetry of earnings. Variable DR*RET is positive (B3>0) and is significant in 0.05.so, as Basu (1997) says, this efficient is proxy for time asymmetry and use to calculate conservatism. This show that study sample is conservatism. Coefficient of earnings quality (CFO/NI (is -0.000217. This finding show that there is a significant relationship between conditional conservatism and earnings quality. After entering MTB, coefficient of earnings quality (CFO/NI (is 0.000215. this finding show that there is a significant relationship between unconditional conservatism and earnings quality.
Accounting and Auditing Research
Licence Holder
Iranian Accounting Association
Director & Editor-in-chief
Ali Saghafi(PhD)
Director & General Secretary
Naser Partovi
Editorial Assistant
Maryam Asgharzadeh Badr
2251-8428
7
v.
27
no.
2015
54
67
https://www.iaaaar.com/article_103798_d0da50a015d523ca9b99ef17806085d1.pdf
dx.doi.org/10.22034/iaar.2015.103798
Effect of Competition Risk in Product Market on Cash Holding Level in Firms Having Constraints in Financing and Investment Opportunities
Zahra
Pourzamani
دانشیار، عضو هیات علمی دانشگاه آزاد اسلامی، واحد تهران مرکزی
author
Arameh
Soleiman khan
کارشناسی ارشد حسابداری، دانشگاه آزاد اسلامی واحد تهران مرکزی
author
text
article
2015
per
Cash resources are regarded as a threat recognition channel of an economic unit considering competition risk in product market and constraint in financing which can be different due to investment decisions in current competitive world. Accordingly, the present research is going to study the effect of competition risk in product market on cash holding level in firms having constraints in financing and investment opportunities. In this research 117 companies enlisted in Tehran Stock Exchange have been investigated for the time period between 2008 and 2012. To test hypotheses we have used a linear regression model. Research findings showed that on the whole competition risk in product market has had a negative effect on holding level. Also this result can be applied to firms having financing and investment opportunity constraints.
Accounting and Auditing Research
Licence Holder
Iranian Accounting Association
Director & Editor-in-chief
Ali Saghafi(PhD)
Director & General Secretary
Naser Partovi
Editorial Assistant
Maryam Asgharzadeh Badr
2251-8428
7
v.
27
no.
2015
98
81
https://www.iaaaar.com/article_103799_244834eaa2db0c19163191ef1dade216.pdf
dx.doi.org/10.22034/iaar.2015.103799
The impact corporate social responsibility on the corporate financial performance of companies listed in Tehran Stock Exchange. (TSE)
Ebrahim
Vahidi Elizaie
استادیار گروه حسابداری واحد علوم و تحقیقات خوزستان ، دانشگاه آزاد اسلامی ،خوزستان ، ایران
author
Mandana
Fakhari
کارشناسی ارشد حسابداری ، دانشگاه آزاد اسلامی ، واحد علوم و تحقیقات خوزستان
author
text
article
2015
per
This study aims is provided to assess the impact of Corporate Social Responsibility on the financial performance of companies in Tehran stock exchange. Thus, this study relies on financial reports of listed companies in Tehran Stock Exchange for the years 1391-1389 and on the literature and on the empirical studies that have been performed to obtain results. Population and research sample of active manufacturing firms has been formed in Tehran Stock Exchange. And to collect data on corporate social responsibility a questionnaire was used . Regression and correlation coefficient is used for data analysis and for data processing , a SPSS software is then used. During the study we found that there is a significant positive relationship between corporate social responsibility and corporate financial performance .
Accounting and Auditing Research
Licence Holder
Iranian Accounting Association
Director & Editor-in-chief
Ali Saghafi(PhD)
Director & General Secretary
Naser Partovi
Editorial Assistant
Maryam Asgharzadeh Badr
2251-8428
7
v.
27
no.
2015
82
99
https://www.iaaaar.com/article_103801_21c5756b80324cf9e775b680ab993358.pdf
dx.doi.org/10.22034/iaar.2015.103801
The Application of Multi-Purpose Genetic Algorithm in Optimizing Bank's Facilities Portfolio
(A Case Study of the Granted Facilities in One of the Commercial Banks of Iran)
Mohammad Reza
Delvi
عضو هیات علمی دانشگاه آزاد دهاقان
author
Ebrahim
Baghi
مدرس دانشگاه وکارشناس بانک ملی ایران
author
Abdolmajid
Abdolbaghi
عضو هیات علمی دانشگاه غیر انتفاعی شیخ بهایی
author
Javad
Kazemi
کارشناس ارشد مدیریت مالی
author
text
article
2015
per
Gaining maximum benefit with the minimum of risk is an aim which finance and credit institutions always want to fulfill. The present research, which was done in the framework of the granted facilities One of the commercial banks from 1388 to 1390, studies the effective interest rate, dishonoring rate of the granted facilities within the format of Islamic contracts in different sections and determines the real portfolio of granting facilities. It then determines the optimum facilities portfolio using the multi-purpose genetic algorithm. The findings show that the resulted optimum facilities portfolio is different from the current portfolio of the bank and can tackle with the different limitations and policies in granting facilities. They also indicate that the effective interest rate and the degree of efficiency of facilities based on the presented model are higher than those of the current facilities portfolio.
Accounting and Auditing Research
Licence Holder
Iranian Accounting Association
Director & Editor-in-chief
Ali Saghafi(PhD)
Director & General Secretary
Naser Partovi
Editorial Assistant
Maryam Asgharzadeh Badr
2251-8428
7
v.
27
no.
2015
100
120
https://www.iaaaar.com/article_103802_231e150f8c1a36bdcec80d264869e690.pdf
dx.doi.org/10.22034/iaar.2015.103802