Investigating the Impact of Comparability of Financial Statements on Stock Price Delay Response

Given that the availability of peer-to-peer information facilitates comparability for foreign investors, thus making it easier for investors to understand financial statement information between firms. ندکند. Therefore, this leads to a better understanding of the performance and reaction of companies' stock prices. Accordingly, in this study, the effect of comparability of financial statements on the delayed reaction of stock prices in Tehran Stock Exchange companies is investigated. In this research, 132 companies in the period 1399-1394 have been studied. To test the hypotheses, the panel regression model was used. The research findings show that the ability to compare financial statements has a negative and significant effect on the stock price delay response.