Accounting and Auditing Studies

Accounting and Auditing Studies

The Impact of Accounting Conservatism on relationship between Value of Cash Holdings and firms abnormal return of Listed Companies in Tehran Stock Exchange

Document Type : Original Article

Authors
Abdollah Khani
Reza Rajabi
10.22034/iaas.2014.103538
Abstract
This study, examines the impact of accounting conservatism on relationship between value of cash holdings and firms abnormal return of listed companies in Tehran Stock Exchange. In this study, 84 companies listed in Tehran Stock Exchange in the period 1385-1390 is reviewed. To test the hypothesis of multivariate regression models were used. Findings show that, the market value of an Rial in additional cash holdings increase in firms with accounting conservatism, and therefore posit that accounting conservatism could mitigate the value destruction associated with an increase in cash holdings
Keywords
Accounting Conservatism
Cash Holdings
Abnormal Return
Accounting and Auditing Studies
Volume 3, Issue 11
Autumn 2014
Pages 30-41