The Effect of Financial Statement Comparability on Idiosyncratic Return Volatility by Emphasis on the Financial Reporting Quality
The present study aims to determine the effect of financial statement comparability on the idiosyncratic return volatility with emphasis on the quality of financial reporting. To test the research hypotheses, 80 companies were examined among the companies listed on the Tehran Stock Exchange during the years 1389 to 1397. In order to test the research hypotheses, a multivariate regression model and combined data have been used. The results of the research indicate that financial statement comparability has a significant and negative effect on idiosyncratic return volatility. The research findings also showed that when the quality of financial reporting is poor, the effect of financial statement comparability on idiosyncratic return volatility is stronger. This study emphasizes the benefits of financial statement comparability. The financial statement comparability reduces the risk of uncertainty about the cash flows and firm future performance and causes idiosyncratic return volatility to reduce
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The moderating role of the non-financial performance of the product market in the relationship between ESG activities with the cost of capital of common stock in Listed Companies in the Tehran Stock Exchange.
Zahra Zolfaghari, Naser Izadinia *, Saeid Aliahamdi
Journal of Capital Market Analysis, -
The Moderating Role of Product Market Non-Financial Performance in the Relationship between ESG Activities and Financial Performance in Listed Companies in the Tehran Stock Exchange
Zahra Zoalfaghari, Naser Izadinia *, Saeid Aliahmadi
Journal of "Empirical Research in Accounting ",