First Page
text
article
2016
per
Accounting and Auditing Review
University of Tehran
2645-8020
23
v.
3
no.
2016
1
4
https://acctgrev.ut.ac.ir/article_62350_3a5b2e88f1c8df4ceb7e7867376bb850.pdf
dx.doi.org/10.22059/acctgrev.2016.62350
Investigating the Effect of Accruals Quality and Disclosure Quality on Labor Investment Inefficiency
Abbas
Aflatooni
استادیار حسابداری، دانشکدۀ اقتصاد و علوم اجتماعی، دانشگاه بوعلی سینا، همدان، ایران
author
Mahdi
khazaei
دانشجوی دکتری حسابداری، دانشگاه بوعلی سینا، همدان، ایران
author
text
article
2016
per
Information asymmetry and conflicts of interest between management and shareholders lead to the phenomenon of moral hazard. Moral hazard means that the managers may make some decisions (e.g. investment decisions) that do not meet the interests of shareholders. Inefficient investment decisions include over or under-investment in firms’ labor and utilize the non-optimal number of human resources in business entity. One way to avoid inefficient investment decisions is providing the financial reporting quality; because the higher reporting quality increases the stakeholders’ ability to monitor the managers’ behaviors and decisions such as decisions on determine the number of labor in firms. This study investigates the impact of two measures of financial reporting quality (accruals and disclosure quality) on labor investment inefficiencies (include over and under-investment) in a sample of 107 firms listed in the Tehran Stock Exchange during 2003 - 2014. The research results show that the increase in accruals quality and disclosure quality decreases the labor over and under-investments inefficiencies and eventually, companies employ more optimal levels of human resource.
Accounting and Auditing Review
University of Tehran
2645-8020
23
v.
3
no.
2016
269
288
https://acctgrev.ut.ac.ir/article_59776_b83f0be5b40126c925800f1e76a8c8b1.pdf
dx.doi.org/10.22059/acctgrev.2016.59776
The Impact of Income Smoothing on the Future Earnings Response Coefficients Coefficient with the Effect of Moderating Different Information Environments
Mohammad
Imani Barandagh
Accounting Assistant - University of Zanjan
author
Sohrab
Abdi
دانشجوی کارشناسی ارشد حسابداری، دانشکدۀ اقتصاد و مدیریت، دانشگاه ارومیه، ارومیه، ایران
author
text
article
2016
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The aim of this study is to determine the effect of the income smoothing on the future earnings response coefficient taking into account the effect of the information environment. Future earnings response coefficient is used as a measure for evaluation of stock price information content which represents the relationship between current stock returns and future earnings. Information environment criteria include disclosure quality, firm size, number and accuracy of the management predicted earnings. To achieve the goal of the research, 115 firms listed in Tehran Stock Exchange during the years 2003 to 2014 were selected as a sample. Also, to test the hypotheses, multiple regression and panel data are used. The findings show that the income smoothing has a significantly negative effect on the future earnings response coefficient. Of the Information environment criteria, disclosure quality, number and accuracy of predicted earnings have a significantly positive effect on the future earnings response coefficient. The results show that the strong information environment causes the significantly increasing in the future earnings response coefficient through the income smoothing.
Accounting and Auditing Review
University of Tehran
2645-8020
23
v.
3
no.
2016
289
310
https://acctgrev.ut.ac.ir/article_59777_a173232f7eaf7a79f0d66043428a9948.pdf
dx.doi.org/10.22059/acctgrev.2016.59777
A study on the effect of cash flows on the gap between the actual leverage and optimal financial leverage ratio
Mohammad
Osoolian
استادیار گروه مدیریت، دانشگاه شهید بهشتی، تهران، ایران
author
Elham
Bagheri
Employee
author
text
article
2016
per
The purpose of this paper is a study on the effect of cash flows on the gap between actual and optimal financial leverage ratio companies listed in Tehran Stock Exchange. In this regard, we try to help with advanced econometric techniques such as partial adjustment model on panel data and Generalized method of moments to achieve a reasonable estimate of the impacts.In this paper, were analyzed the financial information related to its 101 - firms during the years 2008-2015 were available. The results show that there is a gap between optimal and actual financial leverage. This deviation from the optimal leverage at companies that are facing financial crisis, more. Also, we find that , firms with more investment and Growth opportunities, higher profitability and larger size size move with different speeds to different target levers. In general, these findings are consistent with dynamic trade-off theory.
Accounting and Auditing Review
University of Tehran
2645-8020
23
v.
3
no.
2016
311
332
https://acctgrev.ut.ac.ir/article_59778_69f947ca2c913f0682ef6ae5dfe33078.pdf
dx.doi.org/10.22059/acctgrev.2016.59778
Investigating the impact of Mandatory Audit Firm Rotation on Audit Fee and Audit Market Competition
Yahya
Hassas Yeganeh
استاد گروه حسابداری، دانشگاه علامه طباطبائی، تهران، ایران
author
Farokh
Barzideh
دانشیار گروه حسابداری، دانشگاه علامه طباطبائی، تهران، ایران
author
Mohammad Taghi
Taghavifard
دانشیار گروه مدیریت صنعتی، دانشگاه علامه طباطبائی، تهران، ایران
author
Muhammad
Farahmand Seyed Abadi
دانشجوی دکتری حسابداری، دانشگاه علامه طباطبائی، تهران، ایران
author
text
article
2016
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This study aims at investigating the impacts of Mandatory Audit Firm Rotation (MAFR) on audit fees and audit market compeition among firms listed on Tehran Stock Exchange (TSE). Since 2007 firms listed on TSE are not allowed to use services of any single audit firm for more than 4 consecutive years. We tested our hypotheses using multivariate regression analysis and mean comparison test. Our sample consists of 95 firms listed on TSE during the period 2006-2014. Our results, in summary, revealed that MAFR has cuased a significant increase in audit fees, more than the usual additional fees charged in first year audit in voluntarily audit firm rotations; and, therefore has imposed additional audit costs to firms. Also, there were no statistically significant changes in market share of high-quality renked audit firms and those of lower quality ranks, before and after imposition of MARF rule in Iran.
Accounting and Auditing Review
University of Tehran
2645-8020
23
v.
3
no.
2016
333
352
https://acctgrev.ut.ac.ir/article_59779_9a7f5cca77ef95ee73fdb9599a3ce540.pdf
dx.doi.org/10.22059/acctgrev.2016.59779
The Effect of Audit Quality on Agency Costs and Information Asymmetry: Structural Equation Modeling Approach
Mehdi
Heidari
Member of Faculty in Accounting Group in Economic and Management Faculty in Urmia University
author
Bahman
Qaderi
Master of Accounting in Urmia university
author
Peyman
Rasouli
دانشجوی کارشناسی ارشد حسابداری، دانشکدۀ علوم انسانی و اجتماعی، دانشگاه کردستان، سنندج، ایران
author
text
article
2016
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In this study, the effect of audit quality on agency costs and information asymmetry has been examined. Among the accepted companies 99 ones in Tehran Stock Exchange were selected for statistical samples from 1385 to 1392 in order to attain the research purposes. To measure the audit quality, it has been used the observable variables such as the percentage of institutional investors, the type of audit opinion, audit size and the audit tenure. Also, it is used these variables like assets utilization ratio, the rate of assets revenue, Tobin's Q ratio and leverage ratio to measure agency costs. It was utilized the stock price volatility, earning forecast error, film size, growth opportunities and the percentage of non-institutional investors to quantify the amount of variable related to information asymmetry from observable variables. After having trusted the acceptable process of the research measurement and structural models, the results indicate that the increase of audit services quality leads to decreasing challenges over the separation of ownership and management including agency costs and information asymmetry. The results of the study also show that the increase of agency costs results in the increase of information asymmetry level.
Accounting and Auditing Review
University of Tehran
2645-8020
23
v.
3
no.
2016
3533
372
https://acctgrev.ut.ac.ir/article_59780_cbbe500cf81785516c4b1dd9493da039.pdf
dx.doi.org/10.22059/acctgrev.2016.59780
The Usefulness of Feature Selection in Auditors Opinion Type Prediction
Mohammad
Setayesh
استاد حسابداری، دانشگاه شیراز، شیراز، ایران
author
Mostafa
kazem Nejad
دکتری حسابداری، دانشگاه شیراز، شیراز، ایران
author
Gholam Reza
Rezaei
دانشجوی دکتری حسابداری، دانشگاه شیراز، شیراز، ایران
author
Ali asghar
Dehghani
کارشناسارشد حسابداری، دانشگاه شیراز، شیراز، ایران
author
text
article
2016
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Abstract: Despite the importance of predictive variable in prediction, in most of the research in the field of auditors’ opinion the purpose was rendering the suitable models. Meanwhile, less attention was paid to the selection of optimal predictive variable and appropriate models of these selection. Therefore, in most of these research the predictive variables were chosen randomly and according to the prior research. The process of selecting variables could be used as a preprocess for omitting irrelevant variables and selecting optimal variables before creating the model. In this regard, this study investigates the usefulness of Correlation-Based Features Selection (CFS) in auditors’ opinion prediction of listed companies in Tehran Stock Exchange. The classifiers including Artificial Neural Networks (ANN) and logistic regression were used. In overall, the experimental results of investigating 1214 firms-years from 2008 to 2015, confirmed the usefulness of CFS Method in predicting auditors' opinion. In other words, the application of the CFS method, increases the mean of accuracy in comparison with using all variables, and reduces the occurrence of type I and type II errors. Furthermore, the results indicated that ANN outperforms the logistic regression.
Accounting and Auditing Review
University of Tehran
2645-8020
23
v.
3
no.
2016
373
392
https://acctgrev.ut.ac.ir/article_59781_dc03b5f6dbfcea746e1a38763a95fbd1.pdf
dx.doi.org/10.22059/acctgrev.2016.59781
The impact of organizational culture on the information disclosure quality (timeliness and reliability)
HOSSIEN
FAKHARI
university of mazandaran
author
Javad
Mohammadi
MSc. Student in Accounting, Faculty of Economic and Administrative Sciences, University of Mazandaran, Babolsar, Iran
author
text
article
2016
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Information disclosure and quality of their presentation are affected by a lot of environmental and organizational factors that organizational culture is one of the most important. Responsible organization culture creates a dynamic information environment and helps the quality of information disclosure. Accordingly, the aim of this study was to evaluate the impact of organizational culture on the disclosure quality (timeliness and reliability). For this purpose, information of the organizational culture of companies listed on the stock exchange in 1393, through a Denison organizational culture questionnaire has been collected, and has been studied with the Score of disclosure quality that is announced by the Securities and Exchange Organization. The results show that some aspects of organizational culture (adaptability and mission) have an impact on the disclosure quality. While there is no relationship between involvement, versatility and quality of disclosure and its indicators. These results can be used by top management for how setting policies of organization's culture and improving implementation of procedures of accountability, and ultimately to increase the transparency of companies information.
Accounting and Auditing Review
University of Tehran
2645-8020
23
v.
3
no.
2016
394
414
https://acctgrev.ut.ac.ir/article_59782_43949a79cb583a46cefca0aeea711f67.pdf
dx.doi.org/10.22059/acctgrev.2016.59782
Abstract
text
article
2016
per
Accounting and Auditing Review
University of Tehran
2645-8020
23
v.
3
no.
2016
1
9
https://acctgrev.ut.ac.ir/article_62349_4255c018858bb638ecbc42e552b20103.pdf
dx.doi.org/10.22059/acctgrev.2016.62349