Department of Accounting, Isfahan (Khorasgan) Branch, Islamic Azad University, Isfahan, Iran
Abstract
The purpose of this paper is to investigate the relative information content of earnings and cash flows with regard the concept of earnings and cash flows extremity. In this research total data of firm-year are classified to four groups in terms of moderate or extreme of earnings and cash flows and the relative information content of earnings and cash flows are examined for total data and separately for each group. In this research in order to test the hypothesis, multiple regression and voung test are used. The population of research is companies listed in Tehran Stoke Exchange and the sample is including 118 companies in the period of 2005 to 2014. The research results indicate that for total sample the relative information content of earnings is higher than that of cash flows from operations. But after controlling the extremity of earnings and cash flows, only the relative information content of moderate earnings is higher than that of extreme cash flows from operations.
Soroushyar, A., Ahmadi, S. A., & Marateb, F. (2017). The Role of Earnings and Cash Flows Extremity on Relative Information Content of Earnings and Cash Flow on Companies listed in Tehran Stock Exchange. Accounting and Auditing Studies, 6(24), 97-114.
MLA
Afsaneh Soroushyar; Saied Ali Ahmadi; Fahimeh Marateb. "The Role of Earnings and Cash Flows Extremity on Relative Information Content of Earnings and Cash Flow on Companies listed in Tehran Stock Exchange". Accounting and Auditing Studies, 6, 24, 2017, 97-114.
HARVARD
Soroushyar, A., Ahmadi, S. A., Marateb, F. (2017). 'The Role of Earnings and Cash Flows Extremity on Relative Information Content of Earnings and Cash Flow on Companies listed in Tehran Stock Exchange', Accounting and Auditing Studies, 6(24), pp. 97-114.
VANCOUVER
Soroushyar, A., Ahmadi, S. A., Marateb, F. The Role of Earnings and Cash Flows Extremity on Relative Information Content of Earnings and Cash Flow on Companies listed in Tehran Stock Exchange. Accounting and Auditing Studies, 2017; 6(24): 97-114.
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