Do Earnings Quality Measures Confirm Each other? Evidence from Tehran Stock Exchange

In this article I compare three Earnings Quality (EQ) measures (Leuz et al. (2003), Barton and Simko(2002) and Penman(2001)) MEASURES IN Tehran Stock Exchange(TSE). I select the information of 96 entities accepted in TSE during 1996-2004. The results show that only 20 entities qualify the indicators (i.e. High or low quality measures). Therefore I do not conclude that these measures confirm each other at entity level and industry level. I test the hypotheses using K square test and find the same results. I suggest that other indicators can be used for evaluating the measurement of EQ.