The Relationship quality of accounting information and accounting conservative with stock prices crash risk

With increasing resources for management, The rate increases with the participation of relevant beneficiaries, The consequences of such a situation of conflict of interest. Managers who are at the center of this conflict, By providing financial information. This attempt to reduce conflicts of interest. They have an incentive effect and are often due to the favorable situation of the company's managerial discretion in reporting, the opportunity to apply this procedure also ones. The tendency of managers to disclose asymmetric News, Lead to future stock price crash risk is. Conservative accounting procedures prevent the accumulation of too much negative news and reduce the stock price crash risk.The purpose of this study is examined the relation between the quality of accounting information and accounting conservatism on crash risk of stock prices.For this purpose, data from 88 Production firms listed in Tehran Stock Exchange were analyzed during 1384 to 1392. Research models using panel data estimation results show that unconditional conservatism and future stock price crash risk there is no significant relationship.also the level of unconditional conservatism , not limit the role of conditional conservatism in preventing future stock price crash risk. In addition, not found a significant relationship between higher quality audit with future stock price crash risk.