جستجوی مقالات مرتبط با کلیدواژه "حساسیت قیمت سهام نسبت به اطلاعات سود" در نشریات گروه "حسابداری"

Prior studies regarding the relationship of earnings managements and contracts have been facing with some difficulties in explaining their findings [13]، [10]، [11]، [39]. Some researchers have highlighted the role that capital markets plays in inducing earnings management. The main hypothesis of this research is that when demand to buy a company’s stock is high، the company will conduct income increasing earnings management to the extent that the reported income meets forecasted income. The findings of the analyses that are conducted on a sample of companies listed in Tehran Stock Exchange reveals that companies that have high ask offers do less income increasing earnings management. Instead، they decide to make earnings baths so that they can exploit in the future. However، the companies that enjoy high bid for their stocks do income increasing earnings management to meet the forecasts and produce positive earnings surprises. Therefore it is concluded that، the companies’ decision to manage the earnings is influenced by the ask and bid of the stocks. The findings of this research help to explain the complexities in previous findings regarding the discretionary accruals and forecasts errors.