نوع مقاله : مقاله پژوهشی
نویسندگان
1 دانشجوی دکتری، گروه حسابداری، واحد قائم شهر، دانشگاه آزاد اسلامی، قائم شهر، ایران.
2 استادیار، گروه حسابداری، واحد قائم شهر، دانشگاه آزاد اسلامی، قائم شهر، ایران.
چکیده
کلیدواژهها
عنوان مقاله [English]
نویسندگان [English]
The Effect of CEO Power on Quarterly Earnings Announcement Informativeness
Abstract
The aim of this study is to investigate the effect of CEO Power on Quarterly Earnings Announcement Informativeness of listed Companies in Tehran Stock Exchange. For this purpose one hypotheses are developed and data on the 108 companies in Tehran Stock Exchange for the period of 1389 to 1396 were analyzed. This regression model using panel data with fixed effects approach and tests. The results showed that the concentration CEO Power has significant positive impact on Quarterly Earnings Announcement Informativeness. Therefore, the research results indicate that the Powerful executives have more independence and you have more supervisory roles on the board this reduces the disadvantages of stakeholder rights and reduce the agency costs, and thus reduce agency costs reduce information asymmetry and reduce the opacity in financial and thus Increase Quarterly Earnings Announcement Informativeness.
Key words: Announcement Informativeness, Quarterly Earnings and CEO Power.
کلیدواژهها [English]