جستجوی مقالات مرتبط با کلیدواژه « فعالیت های عملیاتی واقعی » در نشریات گروه « حسابداری »

This study examines the impact of stock illiquidity on managerial short-termism at listed companies in Tehran Stock Exchange. In this regard, 124 companies were evaluated for the period 2005-2013. We used Amihud (2002) criterion to measure illiquidity shares, and to measure the managerial myopia, abnormal real operations and real earnings management were used. The approach combines data used to test the hypotheses. The results of the testing indicated that the illiquidity has a significant and positive impact on abnormal real operations. This means that with an increase in liquidity risk, abnormal real operations are more likely to increase. The results showed a significant difference between the discretionary accruals and real earnings management in the impact on the illiquidity. This study follows the Gunny (2010), and Roychowdhury (2006) suspect firmm - years approach to address firms’ use of deviation from real operating for real earnings management purposes. The results showed that companies with high illiquidity experience real earnings management in the current year.