FINANCIAL REPORTING QUALITY IN COMPANIES LISTED ON THE WARSAW STOCK EXCHANGE

Purpose The purpose of this paper is to investigate the relationship between financial reporting and cost stickiness in companies listed on the Tehran Stock Exchange. Design/methodology/approach Data of all Iranian manufacturing listed companies gathered for testing hypotheses during 2010–2016 and R statistical software are employed in order to analyzing data. Findings The results of this study indicate that there is a significant relationship between administrative, sale, material, labor and overhead costs and the financial reporting qualities of the companies under study. Originality/value The study focuses on relationship between financial reporting and cost stickiness in companies listed on the Tehran Stock Exchange, which is the first study of its type in Iran.

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Family ownership and financial reporting quality: Iranian evidence

Journal of Family Business Management ◽

10.1108/jfbm-09-2017-0026 ◽

2018 ◽

Vol 8 (3) ◽

pp. 339-356 ◽

Cited By ~ 3

Author(s):

Mahmoud Mousavi Shiri ◽

Mahdi Salehi ◽

Fatemeh Abbasi ◽

Shayan Farhangdoust

Keyword(s):

Financial Reporting ◽

Family Firms ◽

Stock Exchange ◽

Accounting Information ◽

Reporting Quality ◽

Audit Fees ◽

Financial Reporting Quality ◽

Family Ownership ◽

Content Type

PurposeIn the process of reporting accounting information, the auditor’s objective is to detect possible misstatements and errors in accounting information. Audit evidence aids auditors in providing reasonable assurance about the quality of financial reporting. Studying the quality of family firms’ financial reporting is of higher importance relative to non-family firms due to lower risk of accounting manipulation. Therefore, the purpose of this paper is to examine the relationship between family ownership structure and financial reporting quality from an auditing perspective.Design/methodology/approachTo analyze the research hypotheses, the authors use a sample data consisted of 221 companies listed on the Tehran Stock Exchange (including 52 family and 169 non-family firms) over a five-year span from 2011 to 2015.FindingsUsing multivariate regression analysis of panel data, our results indicate that audit risk in family firms is lower than their counterparts. Likewise, the findings are indicative of lower audit fees paid by family firms as compared to non-family ones. The authors also find that auditors put more effort in family firms and thus audit effort is more significant for these kinds of firms.Originality/valueThe study focuses on family ownership and financial reporting quality in a developing country like Iran and the results of the study may be beneficial to other developing nations, as Iran stock market possesses some unique features which are not normally prevailing in other equity markets, even in the Middle East.

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Pengaruh Kualitas Pelaporan Keuangan Dan Sustainability Reporting Pada Efisiensi Investasi

E-Jurnal Akuntansi ◽

10.24843/eja.2019.v28.i01.p08 ◽

2019 ◽

pp. 188

Author(s):

Ni Putu Lisna Vitriani ◽

I. G. A. N. Budiasih

Keyword(s):

Financial Reporting ◽

Stock Exchange ◽

Reporting Quality ◽

Sustainability Reporting ◽

Sampling Technique ◽

Total Sample ◽

Financial Reporting Quality ◽

Investment Efficiency ◽

Analysis Technique

The purpose of this study is to obtain empirical evidence regarding the effec of financial reporting quality and Sustainability Reporting on investment efficiency. This research was conducted on all non-financial companies listed on the Indonesia Stock Exchange in 2015-2017. The sampling technique used in this study was a purposive sampling. The samples taken were 16 companies with a total sample observation of 48 in 3 years. The data analysis technique used is Multiple Linear Regression. Based on the results of the study it is known that the higher the financial reporting quality of a company, the higher the level of efficiency of the company's investment and it is known that Sustainability Reporting has no effect on the efficiency of the company's investment. The results of this study are the practice of stakeholder theory and agency theory carried out by the company to maintain the long-term operational sustainability of the company. Keywords: Financial reporting quality, Sustainability Reporting, investment efficiency.

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Integrated reporting, financial reporting quality and cost of debt

International Journal of Accounting and Information Management ◽

10.1108/ijaim-10-2019-0124 ◽

2020 ◽

Vol 28 (3) ◽

pp. 517-534 ◽

Cited By ~ 4

Author(s):

Mohammad Badrul Muttakin ◽

Dessalegn Mihret ◽

Tesfaye Taddese Lemma ◽

Arifur Khan

Keyword(s):

Financial Reporting ◽

Stock Exchange ◽

Reporting Quality ◽

Financial Reporting Quality ◽

Cost Of Debt ◽

Inverse Association ◽

Integrated Reporting ◽

Financial Reports ◽

Content Type ◽

Debt Market

Purpose Although proponents of integrated reporting (IR) advocate that this emerging practice has the potential to transform corporate reporting, the eventuation of this expectation would depend on the incentive IR provides to firms. This study aims to examine whether IR is associated with cost of debt and whether IR moderates the relationship between financial reporting quality and cost of debt. Design/methodology/approach Based on insights drawn from information asymmetry and agency theories, the authors develop models that link IR and financial reporting quality with a firm’s cost of debt. The authors analyze 847 firm-year observations drawn from non-financial firms traded on the Johannesburg Stock Exchange, for the period between 2009 and 2015. Findings The authors find that firms that provide integrated reports tend to have a lower cost of debt than those do not provide IR. The authors also find an inverse association between financial reporting quality and cost of debt, and that integrated reports accentuate this association. The findings suggest that the debt market perceives value in the information presented in integrated reports beyond what is furnished in financial reports. Originality/value To the best of the authors’ knowledge, this study is the first to document evidence suggesting that the debt market perceives value in the information presented in integrated reports, beyond what is furnished in financial reports.

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Financial reporting quality and share price movement-evidence from listed companies in Bangladesh

Journal of Financial Reporting and Accounting ◽

10.1108/jfra-01-2019-0019 ◽

2020 ◽

Vol 18 (3) ◽

pp. 425-458

Author(s):

Md. Mamunur Rashid

Keyword(s):

Financial Reporting ◽

Stock Exchange ◽

Reporting Quality ◽

Share Price ◽

Financial Reporting Quality ◽

Annual Reports ◽

Developing Economy ◽

Price Movement ◽

Content Type ◽

Qualitative Characteristics

Purpose The purpose of this study is to examine the effect of financial reporting quality (FRQ) on share price movement (SPM) of listed companies in an emerging and developing economy – Bangladesh. Design/methodology/approach The study analyzed 296 annual reports for the year 2015 and 2016 in examining the effect of FRQ on SPM. Ordinary least squares (OLS) regression model is used to examine the hypothesized relationship among the variables. A modified version of Lang et al. (2003) has been adopted in measuring the SPM. FRQ is measured using the qualitative characteristics approach as defined by the International Financial Reporting Standard Framework and used by Beest et al. (2009) and Braam and Beest (2013). Findings The study finds a positive association (though not significant statistically) between the FRQ and SPM in the country’s leading stock exchange (Dhaka stock exchange). Furthermore, the effect of enhancing quality on SPM is found to be stronger as compared to fundamental quality. Majority of the FRQ constructs demonstrate an improvement in the quality score in the year 2016 as compared to 2015 except for relevance. Research limitations/implications The key limitation of the study is that it focuses only on two years (2015 and 2016) annual reports data in measuring FRQ and its effect on SPM. Originality/value The study uses qualitative characteristics approach in measuring the FRQ and to examine its effect on SPM using the context of an emerging and developing economy – the case of Bangladesh.

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