International Journal of Marketing and Business Communication

Open Access Open Access  Restricted Access Subscription Access
Open Access Open Access Open Access  Restricted Access Restricted Access Subscription Access

Firms Characteristic and Firms Disclosure Quality in Firms Listed in Tehran Stock Exchange


Affiliations
1 Department of Accounting, Science and Research Branch, Islamic Azad University, West Azarbyjan, Iran, Islamic Republic of
     

   Subscribe/Renew Journal


The aim of this study is to investigate the relationship between firms characteristic and firm's disclosure quality in firms listed in Tehran Stock Exchange (TSE). To do so, 89 firms of TSE are selected to be studied during the period of 2004 to 2012. To determine the rank of financial information discloser (timeliness and reliability), annual scores of firm's discloser quality is used. Firm's characteristics considered in this study are firm's size, firm's age, firm's profitability, income before interest and tax, industry type, financial leverage, audit firms size, and ownership structure. The results show that financial leverage (timeliness and reliability)has a significant negative and firm's age (reliability) has a positive impact on firm's discloser quality.

Keywords

Firms Characteristic, Firm's Discloser Quality, Tehran Stock Exchange.
Subscription Login to verify subscription
User
Notifications
Font Size


  • Aerts, W., Cormier, D., & Magnan, M. (2008). Corporate environmental disclosure, fi nancial markets and the media: An international perspective. Ecological Economics, 64, 643 - 659.

  • Ball, R., Jayaraman, S., & Shivakumar, L. (2012). Audited fi nancial reporting and voluntary disclosure as complements: A test of the Confi rmation Hypothesis. Journal of Accounting and Economics, 53, 136-166.

  • Cheng, M., Dhaliwal, D., & Zhang, Y. (2013). Does investment effi ciency improve after the disclosure of material weaknesses in internal control over fi nancial reporting? Journal of Accounting and Economics, 5, 61-18.

  • Galani, D., Alexandridis, A., & Stavropoulos, A. (2011). The Association between the Firm Characteristics and Corporate Mandatory Disclosure: the Case of Greece. World Academy of Science, Engineering and Technology 53, 1048- 1054.

  • Jaggi, B., & Lowy, P.L. (2000). Impact of culture, market forces, and legal system on fi nancial disclosures. The International Journal of Accounting, 35(4), 495-519.

  • Iatridis, G. (2008). Accounting disclosure and fi rms’ fi - nancial attributes: Evidence from the UK stock market. International Review of Financial Analysis, 17, 219-241.

  • Iatridis, G.E. (2011). Accounting disclosures, accounting quality and conditional and unconditional conservatism. International Review of Financial Analysis, 20, 88-102.

  • Lawrence, A. (2013). Individual investors and fi nancial disclosure. Journal of Accounting and Economics 56, 130-147.

  • Lang, M., & Lundholm, R. (1993).Cross-sectional determinants of analyst rating of corporate disclosures. Journal of Accounting Research, 31, 246-271.

  • Salter, S. (1998). Corporate fi nancial disclosure in emerging markets: does economic development matter? The International Journal of Accounting, 33(2), 211-234.

  • Takhtaei, N., & Mousavi, Z. (2012). Disclosure Quality and Firm’s Characteristics: Evidence from Iran. Asian Journal of Finance & Accounting, 4(2), 290-300.

  • Taylor, G., Tower, G., & Der Zahn, M. V. (2011). The infl uence of international taxation structures on corporate fi nancial disclosure patterns. Accounting Forum, 35, 32-46.


Abstract Views: 388

PDF Views: 2




  • Firms Characteristic and Firms Disclosure Quality in Firms Listed in Tehran Stock Exchange

Abstract Views: 388  |  PDF Views: 2

Authors

Ghasem Hosseinzadeh
Department of Accounting, Science and Research Branch, Islamic Azad University, West Azarbyjan, Iran, Islamic Republic of
Saeid Jabbarzadeh Kangarlouei
Department of Accounting, Science and Research Branch, Islamic Azad University, West Azarbyjan, Iran, Islamic Republic of
Morteza Motavassel
Department of Accounting, Science and Research Branch, Islamic Azad University, West Azarbyjan, Iran, Islamic Republic of

Abstract


The aim of this study is to investigate the relationship between firms characteristic and firm's disclosure quality in firms listed in Tehran Stock Exchange (TSE). To do so, 89 firms of TSE are selected to be studied during the period of 2004 to 2012. To determine the rank of financial information discloser (timeliness and reliability), annual scores of firm's discloser quality is used. Firm's characteristics considered in this study are firm's size, firm's age, firm's profitability, income before interest and tax, industry type, financial leverage, audit firms size, and ownership structure. The results show that financial leverage (timeliness and reliability)has a significant negative and firm's age (reliability) has a positive impact on firm's discloser quality.

Keywords


Firms Characteristic, Firm's Discloser Quality, Tehran Stock Exchange.

References