THE EFFECT OF EARNINGS VARIABILITY AND EARNINGS OPACITY ON STOCK PRICE CRASH RISK

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.

HAJIHA ZOHREH; SHAKER MASOOMEH

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

Journal Paper

Paper Information

Journal: FINANCIAL ACCOUNTING Year:2015 | Volume:7 | Issue:25 Page(s): 89-108

Download Full-Text

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

Persian Verion

View:

1,294

Download:

Cites:

Information Journal Paper

Title

THE EFFECT OF EARNINGS VARIABILITY AND EARNINGS OPACITY ON STOCK PRICE CRASH RISK

Author(s)

HAJIHA ZOHREH | SHAKER MASOOMEH | Issue Writer Certificate

Keywords

EARNINGS VARIABILITYQ2

EARNINGS OPACITYQ2

PRICE CRASH RISKQ2

Abstract

Financial information transparency has always been one of the most effective variables in determining investment strategy in financial markets. However, managers as the authorities to prepare financial statements always have had the incentive to deviate financial information to preserve their own benefits. Also EARNINGS OPACITY has been one of the effective factors in investors' behavior. Accordingly, when negative news is accumulated within a company and the earnings of an economic unit has lots of fluctuations, stock price suddenly crashes. Therefore, the present research is going to study about the effect of variability and opacity of earnings on stock PRICE CRASH RISK in firms enlisted in Tehran Stock Exchange. In this research 124 firms were investigated during the time period between 2008 and 2012. To test hypotheses we have used logistic regression model. Research findings showed that EARNINGS OPACITY and EARNINGS VARIABILITY have had a positive and meaningful effect on stock PRICE CRASH RISK.

Cites

No record.

References

No record.

Cite

APA: Copy

HAJIHA, ZOHREH, & SHAKER, MASOOMEH. (2015). THE EFFECT OF EARNINGS VARIABILITY AND EARNINGS OPACITY ON STOCK PRICE CRASH RISK. FINANCIAL ACCOUNTING, 7(25), 89-108. SID. https://sid.ir/paper/168118/en

Vancouver: Copy

HAJIHA ZOHREH, SHAKER MASOOMEH. THE EFFECT OF EARNINGS VARIABILITY AND EARNINGS OPACITY ON STOCK PRICE CRASH RISK. FINANCIAL ACCOUNTING[Internet]. 2015;7(25):89-108. Available from: https://sid.ir/paper/168118/en

IEEE: Copy

ZOHREH HAJIHA, and MASOOMEH SHAKER, “THE EFFECT OF EARNINGS VARIABILITY AND EARNINGS OPACITY ON STOCK PRICE CRASH RISK,” FINANCIAL ACCOUNTING, vol. 7, no. 25, pp. 89–108, 2015, [Online]. Available: https://sid.ir/paper/168118/en

Related Journal Papers