Investigation on the Relationship between the Quality of Accruals and External Financing in Tehran Stock Exchange Listed Companies

Author(s)

M. Jafarian , K. Azinfar ,

Download Full PDF Pages: 24-28 | Views: 358 | Downloads: 103 | DOI: 10.5281/zenodo.3463047

Volume 4 - December 2015 (12)

Abstract

Present study, using panal data, investigate the relationship between quality of accruals and external financing in 182 listed firms of Tehran Stock Exchange (TSE) during 2009 to 2013. In this study, modified Dechow et al (2002) model has been used as criterian for quality of accruals. The results show that there is a positive and significant relationship between quality of accruals and external financing. That is, higher quality of accruals can result in higher expectation for external financing. 

Keywords

Quality of Accruals, External Financing, Tehran Stock Exchange

References

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