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Management Science Letters

ISSN 1923-9343 (Online) - ISSN 1923-9335 (Print)
Quarterly Publication
Volume 4 Issue 1 pp. 53-56 , 2014

An investigation on important factors influencing on forecasted earnings adjustment: Evidence from Tehran Stock Exchange Pages 53-56 Right click to download the paper Download PDF

Authors: Fatemeh Babakhani, Behzad Ghorbani, Ali Mohammadi

DOI: 10.5267/j.msl.2013.11.035

Keywords: Book value, Earning forecast, Market value, Size, Tehran Stock Exchange

Abstract: This paper presents an empirical investigation to detect important factors influencing earning adjustment on firms selected on Tehran Stock Exchange over the period 2006-2011. There are four independent variables associated with the proposed study of this paper including Proportion of shares owned by institutional investors, Return on assets, Profit change and Market value to book value. In addition, Investment restructuring is considered as control variable. The results of the implementation of regression analysis indicate that there was a reverse relationship between earning forecasted adjustment and two independent variables including size of firm as well as the ratio of market value to book value. However, Net profit has a direct and positive relationship with earning forecast adjustment.

How to cite this paper
Babakhani, F., Ghorbani, B & Mohammadi, A. (2014). An investigation on important factors influencing on forecasted earnings adjustment: Evidence from Tehran Stock Exchange.Management Science Letters , 4(1), 53-56.

Refrences
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Journal: Management Science Letters | Year: 2014 | Volume: 4 | Issue: 1 | Views: 2123 | Reviews: 0

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