The Impact of Auditor Style on the Relationship between Financial Reporting Readability and Stock Price Synchronicity

The aim of this study is to investigate the effect of Auditor Style on the Relationship between Financial Reporting Readability and Stock Price Synchronicity of listed Companies in Tehran Stock Exchange. These two dimensions Financial Reporting Readability in our tests: (Fog index and Text length index (. For this purpose three hypotheses are developed and data on the 108 companies in Tehran Stock Exchange for the period of 1391 to 1398 were analyzed. The number of data collected for this study was 864 years –company. . This regression model using panel data with fixed effects approach, reviews and tests. The results showed that the Auditor Style and Financial Reporting Readability (Fog index and Text length index) has significant Negative impact on Stock Price Synchronicity. Also the results showed that the Auditor Style has significant negative impact the relationship between Financial Reporting Readability (Fog index and Text length index) and Stock Price Synchronicity