1
Professor of Accounting , Science and Research Branch, Islamic Azad University, Tehran, Iran.
2
Professor of Economic,Allame tababaii University, Tehran, Iran.
3
Ph.D Graduated of Accounting, Science and Research Branch, Islamic Azad University, Tehran, Iran. (Corresponding author).
Abstract
The current study is a positive investigation that examines the empirical economic consequences of accounting information quality in companies listed at Tehran Stock Exchange in a span of 12 years from 2000 to 2011. This survey answering question of how are the economic situations of companies with better accounting information quality? Earning Response Coefficient is used as independent variable. To calculate dependent variable (economic consequences of accounting information quality) we use various measures such as the tobin's q index, weight average cost of capital, the market value to book value of owner's equity ratio, and price to earnings per share ratio. Results show that earnings response coefficient has the positive relation only with the market value to book value of owner's equity ratio. In fact, the earnings response coefficient has the meaningful content and positive economic consequences in tehran stock exchange.
Nikoomaram,H , Taghavi,M and Ahmadzadeh,H . (2013). Economic Consequences of Accounting Information Quality with emphasize on Earnings Response Coefficient. Journal of Management Accounting and Auditing Knowledge, 3(پاییز 1393), 1-16.
MLA
Nikoomaram,H , , Taghavi,M , and Ahmadzadeh,H . "Economic Consequences of Accounting Information Quality with emphasize on Earnings Response Coefficient", Journal of Management Accounting and Auditing Knowledge, 3, پاییز 1393, 2013, 1-16.
HARVARD
Nikoomaram H, Taghavi M, Ahmadzadeh H. (2013). 'Economic Consequences of Accounting Information Quality with emphasize on Earnings Response Coefficient', Journal of Management Accounting and Auditing Knowledge, 3(پاییز 1393), pp. 1-16.
CHICAGO
H Nikoomaram, M Taghavi and H Ahmadzadeh, "Economic Consequences of Accounting Information Quality with emphasize on Earnings Response Coefficient," Journal of Management Accounting and Auditing Knowledge, 3 پاییز 1393 (2013): 1-16,
VANCOUVER
Nikoomaram H, Taghavi M, Ahmadzadeh H. Economic Consequences of Accounting Information Quality with emphasize on Earnings Response Coefficient. Journal of Management Accounting and Auditing Knowledge. 2013;3(پاییز 1393):1-16 (In Persian).