In this study we investigated the relationship between firm size, debt contracts, and conservatism in Tehran Stock Exchange. Conservatism is measured using three proxies based on accruals, based on market, and the relationship between earning and stock returns. By use of ordinary least square regression method, 85 listed firms in Tehran security exchange during years 1382-85 have been examined.
The findings revealed that, using accrual and market based measures, there was a significant positive relationship between debt ratio and conservatism. Also, a negative relationship between firm size and conservatism exists only when using market based measure; therefore, based on our results, the conclusion that there is a significant negative relationship between firm size and conservatism cannot be generally drawn.
Mehrani, K., Vafi Sani, J., & Hallaj, M. (2010). The relationship between Debt Contracts, Firm Size, and Conservatism among listed Firms in Tehran Stock Exchange. Accounting and Auditing Review, 17(1), -.
MLA
Kaveh Mehrani; Jalal Vafi Sani; Mohammad Hallaj. "The relationship between Debt Contracts, Firm Size, and Conservatism among listed Firms in Tehran Stock Exchange", Accounting and Auditing Review, 17, 1, 2010, -.
HARVARD
Mehrani, K., Vafi Sani, J., Hallaj, M. (2010). 'The relationship between Debt Contracts, Firm Size, and Conservatism among listed Firms in Tehran Stock Exchange', Accounting and Auditing Review, 17(1), pp. -.
VANCOUVER
Mehrani, K., Vafi Sani, J., Hallaj, M. The relationship between Debt Contracts, Firm Size, and Conservatism among listed Firms in Tehran Stock Exchange. Accounting and Auditing Review, 2010; 17(1): -.
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