Disclosure quality in family firms listed in the Tehran stock exchange

Document Type : Research Paper

Authors

1 Associate Prof. of Tehran University, Iran

2 PhD. Candidate of Accounting, Imam Khomeini University, Iran

Abstract

This paper studies the disclosure quality in family firms in time period of 2007 to 2012, and aims to answer the question that whether the family factor will affect the disclosure quality. TSE’s disclosure scores and discretionary accruals are used for measuring disclosure quality. The family firms in this article are the firms that family members have significant influence on them. One of the factors for significant influence in firms is board membership. Board membership is measured by dividing 1 by numbers of board of directors plus one. Our results show that family firms don’t have any advantage in disclosure quality. In other words, the family factor does not affect disclosure quality.

Keywords

References

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Accounting and Auditing Review
Volume 21, Issue 4 - Serial Number 4
January 2015
Pages 527-540

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