Accounting Information Quality and Cumulative Abnormal Return With Emphasis on Institutional Ownership and Trading Volume: A Linear and Nonlinear Approach

Q: How can I download an article?

To download an article from SID, first log in to the site, search for the article title, and click on the 'Download Article' option.

Q: How can I download an ISI article?

To download an ISI article on SID, enter the keyword or article title in the search bar, view the relevant results, click on the desired article, and select the 'Download Article' option.

Q: How can I access the SID database?

To access the SID database, visit SID.ir, create an account, and log in to access scientific resources.

Q: Is downloading articles from SID free?

Some articles on SID are available for free, while others require payment. Details are specified on the article's page.

SHAMSADDINI KAZEM; Saadat Bakht Kimia; Askari Shahamabad Mahdi

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Journal Paper

Paper Information

Journal: JOURNAL OF ACCOUNTING ADVANCES Year:2022 | Volume:14 | Issue:1 (82) Page(s): 151-188

Download Full-Text

View:

Download:

Cites:

Information Journal Paper

Title

Accounting Information Quality and Cumulative Abnormal Return With Emphasis on Institutional Ownership and Trading Volume: A Linear and Nonlinear Approach

Author(s)

SHAMSADDINI KAZEM | Saadat Bakht Kimia | Askari Shahamabad Mahdi | Issue Writer Certificate

Keywords

Quality of accounting information

Cumulative Abnormal Returns

Liner Approach

None liner Approach

Abstract

The primary purpose of accounting is to provide the information that is needed for sound economic decision making. Accounting information includes information contained in financial statements that the manner and extent of the quality of the content and its presentation, influences the decision of investors. Therefore, the purpose of this study is to investigate the effect of accounting information quality in cumulative abnormal return with emphasis on institutional ownership and trading volume on predictability of stock returns. The statistical population of this study is the companies listed on the Tehran Stock Exchange and to achieve the purpose of the research, by filtering, the data of 160 companies listed on the Tehran Stock Exchange and in the period 2012-2020 using multivariate linear regression are reviewed and analyzed. Also, to test the second hypothesis, panel smooth transfer method (PSTR) was used. Findings showed that there is a significant relationship between the quality of accounting information and cumulative abnormal return. Institutional shareholders, however, asymmetrically moderate the relationship between the quality of accounting information and the cumulative abnormal return. This means that institutional shareholders up to 41% ownership level have a positive effect on the relationship between accounting quality and cumulative abnormal return and institutional ownership levels of more than 41% have a negative and significant effect on the relationship between accounting quality and cumulative abnormal return. Also, trading volume modulates the relationship between the quality of accounting information and the cumulative abnormal return.

Multimedia

No record.

Cites

No record.

References

No record.

Cite

APA: Copy

SHAMSADDINI, KAZEM, Saadat Bakht, Kimia, & Askari Shahamabad, Mahdi. (2022). Accounting Information Quality and Cumulative Abnormal Return With Emphasis on Institutional Ownership and Trading Volume: A Linear and Nonlinear Approach. JOURNAL OF ACCOUNTING ADVANCES (JAA) (JOURNAL OF SOCIAL SCIENCES AND HUMANITIES), 14(1 (82) ), 151-188. SID. https://sid.ir/paper/1046705/en

Vancouver: Copy

SHAMSADDINI KAZEM, Saadat Bakht Kimia, Askari Shahamabad Mahdi. Accounting Information Quality and Cumulative Abnormal Return With Emphasis on Institutional Ownership and Trading Volume: A Linear and Nonlinear Approach. JOURNAL OF ACCOUNTING ADVANCES (JAA) (JOURNAL OF SOCIAL SCIENCES AND HUMANITIES)[Internet]. 2022;14(1 (82) ):151-188. Available from: https://sid.ir/paper/1046705/en

IEEE: Copy

KAZEM SHAMSADDINI, Kimia Saadat Bakht, and Mahdi Askari Shahamabad, “Accounting Information Quality and Cumulative Abnormal Return With Emphasis on Institutional Ownership and Trading Volume: A Linear and Nonlinear Approach,” JOURNAL OF ACCOUNTING ADVANCES (JAA) (JOURNAL OF SOCIAL SCIENCES AND HUMANITIES), vol. 14, no. 1 (82) , pp. 151–188, 2022, [Online]. Available: https://sid.ir/paper/1046705/en

Related Journal Papers

No record.

Related Seminar Papers

No record.

Related Plans

No record.

Recommended Workshops