The examination of the constraints of qualitative characteristics of accounting information: Evidence from Tehran Stock Exchange

Document Type : Research Paper


1 Associate Professor in Accounting, Faculty of Economic, Management and Social Sciences, Shiraz University, Shiraz, Iran

2 MA in Accounting, Faculty of Economic, Management and Social Sciences, Shiraz University, Shiraz, Iran


In this research, some beliefs on the theoretical concepts of accounting, such as the trade off between the qualitative characteristics of relevancy and reliability, and reliability and timeliness have been tested. For testing research hypotheses, T-student test has been used. The results of investigating 100 firms listed on Tehran Stock Exchange during the years 2001-2011, suggest that companies which offer more reliable information, have higher level of relevancy. Also, companies which offer more timely information, have higher level of relevancy. Some other results of this research show the positive relation between reliable and timeliness characteristics. In other words, companies which offer more timely information have more reliable information and companies with more reliable information have more timelyinformation.


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