Journal of Accounting Advances
Year:2018 | Volume:10 | Issue:1 (74/3)|Papers Count:10

Introduction: One of the most important economic features of companies is the life cycle. According to the life cycle theory, the importance of risk and performance indicators varies over the life cycle stages. This research studies the impact of life cycle stages and investor sentiment on risktaking behavior of managers and shareholders. The company's risktaking is the uncertainty about the prediction of future cash flow and the company's future interest in new investments (Wright et al., 1996). Risktaking has impact on firm's growth, performance and survival (Bromiley, 1991), on the other hand, in research, risk-taking is considered as a serious agency problem (Low, 2009). . . .

Introduction: The desire to gain long-term benefits in the field of professional credit and earnings has led to considering audit quality as a factor of increasing professional competitiveness in audit services' market from the viewpoint of auditors, and from this perspective, this has been considered in conducted studies. Palmrose (1988) defined the quality of the audit as follows: ensuring the financial statements is audit quality and the financial statements are free from any significant misstatement". This definition emphasizes the result of the audit, because the ability to rely on financial statements before the audit cannot be specified; therefore, the actual quality of the audit cannot be observed and cannot be evaluated until the audit has reached its result (Hasas Yeganeh and Azinfar, 2010). . .

Introduction: There is an ambiguity about future state of the firms and capital market in conditions of uncertainty. In such a situation, the arrival of any information signal such as earnings announcement may reduce uncertainty leading to a revision of the previous beliefs of investors. Uncertainty could be divided into two groups: market uncertainty and information uncertainty. Investors’ reaction to earnings announcement may be different in these two situations. Under high market uncertainty, firms’ earnings announcement as an information signal may have a greater impact on investors' beliefs and, as a result, leads to more investors’ reaction to firms’ earnings announcement. However, more accurate information signals have a stronger impact on investors' beliefs. In other words, there is under reaction to earnings announcement, when announced earnings contain high uncertainty. Therefore, this study attempts to investigate investors’ reaction to earnings announcement with regards to market and information uncertainty. In addition, this study examines simultaneous effect of these two types of uncertainty on the investors 'reaction to earnings announcement. . .

Introduction: The aim of this paper is to investigate different aspects of the company's growth (including sales growth, employment and assets) in different periods of product diversification (early courses, during and after diversity) in companies listed in TSE. In general, in this study, diversity is considered as an innovation. . . .

Based on conceptual framework of financial reporting, the primary purpose of financial reporting is to assist the investors to make economic decisions. Therefore, understandability of financial statements is very important to them. The correct method of classification is one of the ways to improve the understandability of financial statements. Many researchers believe that classifying earnings items based on their underlying attributes is useful for forecasting and valuation. Previous studies showed that persistence classifications lead to better prediction (Fairfield et al, 1996). In addition, subjectivity is another attribute that is important for investors and analysts. Persistence is the extent to which an earnings item is indicative of its future amount and subjectivity is the extent to which managers use judgment to measure the amount of the earnings item (Hewitt et al, 2015). In previous studies, persistence and measurement subjectivity classifications are displayed separately in financial statement. This research is based on two streams of literature on subjectivity and persistence and investigates both subjectivity and persistence clarifications in financial statement.

Introduction: Industry concentration affects firms' various financial and operational aspects. This study aims at examining its effect on selected financial indexes including earning persistence, stock return, firm growth, and rate of profitability in Tehran stock exchange listed companies from 2012-2016. To measure industry concentration (as independent variable), Herfindahl index based on three factors, sales, assets and equity, was used. Based on this index, observations were classified in 5 groups in accordance with their combined scores. Results showed that industry concentration in its maximum level has a negative effect on earning persistence, while in its minimum level this effect is negative on stock return, and nonsense on other levels. Although a negative decreasing effect of industry concentration was documented on firm growth in all 5 levels, its weak positive significant effect on profitability was also recognized in higher than average levels of industry concentration. . . .

Introduction: From the earliest classic studies by Bowen (1953), Carroll (1979), Friedman (1984), the importance of Corporate Social Responsibility (CSR) and its impact on society have been explored from various viewpoints. However, their opinions are divided on the need for Corporate Social Responsibility. Some studies with a positive appraisal of corporate social responsibility argued that a corporation has a duty to society, whereas others such as Friedman (1962, 1970) reported that a corporation only has the duty to maximize its benefit within the fence of law and minimum ethical restrictions. Summarizing literature shows that the literature findings have been mixed until now, and so further research is needed. On this basis, the aim of this paper is to examine the impact of social responsibility disclosure on accounting, economic and marketbased Measures of Performance Evaluation of Iranian Companies. . . .

Introduction: In this study, we use Porter’ s (1980) organizational strategy typology to examine the impact of leadership cost, as one of the trading strategies, and market competition on real earnings management. By doing so, we provide evidence on whether cost leadership strategy is one of the underlying determinants of earnings management. Furthermore, we examine the interactions between cost leadership strategy and market competition and its impact on earnings management, providing evidence on whether an external contributing factor such as market competition may have incremental influence over earnings management through its impact on an internal factor such as business strategy. Business strategy, as an important factor affecting internal governance mechanism (Miles and Snow, 1978, 2003; Ittner et al., 1997) has received little attention on its impacts upon earnings management. Our study, for the first time, attempts to explore whether cost leadership strategy maybe an underlying determinant of earnings management. . . .

Introduction: The relationship between environmental management systems (EMSs) and financial performance has received a high degree of attention in research literature and the results are still contradictory. Most of the findings have shown that environmental performance improves financial performance while others have suggested that the relationship is neutral or even negative. We believe EMSs enhance financial performance due to improved corporate image, quality green products, and reduced internal cost through eco-friendly new technologies. . .

Introduction: Among the most disadvantaged and annoying social traits introduced by researchers in the psychology literature, three characteristics correlated have attracted the most empirical attention: Machiavellianism, Psychopathy and Narcissism, which led to the introduction of a new personality profile called dark triad of personality. The characters that make up the dark triad traits have some features in common. They show differential correlates but share a malicious social character with behavioral tendencies toward self-esteem, emotional coldness, duality and aggression. . . .