- 권한신청
- E-ISSN2233-5382
- KCI
E-ISSN : 2233-5382
Disclosure Quality and Economic Value Added
Disclosure Quality and Economic Value Added
Javadi, Parisa (Department of Public Management- Public Financial Management, Mashhad Branch, Islamic Azad University of Mashhad)
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Abstract
Purpose - This research investigates the effect of disclosure quality with two main components, reliability and timeliness, on economic value added in Iran. Research design, data, and methodology - The sampling includes 170 Tehran Stock Exchange listed companies from 2008-12. Multiple regression analysis was applied to test the hypotheses and estimates of the coefficients. Firm size and return on assets were the control variables. Results - The results show that timeliness of information has a positive impact on economic value added. We did not find any significant relationship between disclosure quality and reliability of information and economic value added. The regressed model shows that there is no significant association between firm size and economic value added. The results also show that there is a positive association between return on assets and economic value added. Conclusions - Theoretically, timely information is effective in decision-making. This study shows that timeliness of information has positive effect on the creation of economic value added. However, disclosure quality, reliability, and firm size do not effect on economic value added. Companies with greater return on assets produce greater economic value added.
- keywords
- Disclosure Quality, Timeliness, Reliability, Economic Value Added
참고문헌
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