The Relationship between the Quality of Accounting Information and Institutional Investment on Investment Efficiency in Banks Present in the Capital Market of Iran

According to the theoretical concepts of financial reporting, the purpose of financial statements is to provide summarized and classified information about the financial status, financial performance and financial flexibility of the business unit, which is useful for a wide range of users of financial statements in making economic decisions. Achieving this goal requires that the information is firstly relevant and reliable and secondly comparable and comprehensible, in other words, accounting information must be of high quality. The current research aims to explore the relationship between the quality of accounting information and Institutional investment on the efficiency of investment in banks that are members of the Iranian capital market. In this research, the quality index of accounting information is the quality of accrual items. The statistical population of this research includes 19 member banks of the capital market. Research hypotheses have been tested using OLS regression according to company-year observations in a panel manner. The results of processing the regression models for the first hypothesis of the research indicated that the quality of accruals and Institutional investment has a significant relationship with investment efficiency; The results of the second hypothesis of the research showed that overinvestment has a significant effect on the relationship between the quality of accruals and Institutional investment with investment efficiency.