Effect of Income Smoothing on Unsystematic Risks of Companies Listed in Tehran Stock Exchange

This study investigates the effect of income smoothing on unsystematic risk of the companies listed in the Tehran stock exchange. Eckel model is used to identify the smoother companies. In the first hypothesis, a simple linear regression test is used to specify the effect of income smoothing on unsy...

Descripción completa

Guardado en:

Detalles Bibliográficos
Autores principales:	Mohammad Omid Akhgar, Soraya Jelvezan
Formato:	article
Lenguaje:	FA
Publicado:	Shahid Bahonar University of Kerman 2015
Materias:	income smoothing unsystematic risk company size liquidity ratio liability contract Accounting. Bookkeeping HF5601-5689
Acceso en línea:	https://doaj.org/article/68554f79531c464bb9c87e243ce20963
Etiquetas:	Agregar Etiqueta Sin Etiquetas, Sea el primero en etiquetar este registro!

id	oai:doaj.org-article:68554f79531c464bb9c87e243ce20963
record_format	dspace
spelling	oai:doaj.org-article:68554f79531c464bb9c87e243ce209632021-11-04T19:47:44ZEffect of Income Smoothing on Unsystematic Risks of Companies Listed in Tehran Stock Exchange2008-89142476-292X10.22103/jak.2015.966https://doaj.org/article/68554f79531c464bb9c87e243ce209632015-06-01T00:00:00Zhttps://jak.uk.ac.ir/article_966_d2553beb6897936519bb7bdf5f1f5761.pdfhttps://doaj.org/toc/2008-8914https://doaj.org/toc/2476-292XThis study investigates the effect of income smoothing on unsystematic risk of the companies listed in the Tehran stock exchange. Eckel model is used to identify the smoother companies. In the first hypothesis, a simple linear regression test is used to specify the effect of income smoothing on unsystematic risk of the companies. Then, the relationship between factors affecting income smoothing behavior and unsystematic risk of the companies is investigated, using linear multiple regression test. In the second to sixth hypotheses, the variables of company size, liquidity ratio, liability contract, income variability and industry type are regarded as independent variables, and unsystematic risk as dependent variable. In this research, the number of sample data for a 10-year-period from 1381 to 1390 accounted to 650 year-company. The findings of the research indicated that income smoothing reduces unsystematic risk, and the factors representing company size, liquidity ratio, liability contract, income variability and industry type have significant relationships with unsystematic risk.Mohammad Omid AkhgarSoraya JelvezanShahid Bahonar University of Kermanarticleincome smoothingunsystematic riskcompany sizeliquidity ratioliability contractAccounting. BookkeepingHF5601-5689FAمجله دانش حسابداری, Vol 6, Iss 20, Pp 123-145 (2015)
institution	DOAJ
collection	DOAJ
language	FA
topic	income smoothing unsystematic risk company size liquidity ratio liability contract Accounting. Bookkeeping HF5601-5689
spellingShingle	income smoothing unsystematic risk company size liquidity ratio liability contract Accounting. Bookkeeping HF5601-5689 Mohammad Omid Akhgar Soraya Jelvezan Effect of Income Smoothing on Unsystematic Risks of Companies Listed in Tehran Stock Exchange
description	This study investigates the effect of income smoothing on unsystematic risk of the companies listed in the Tehran stock exchange. Eckel model is used to identify the smoother companies. In the first hypothesis, a simple linear regression test is used to specify the effect of income smoothing on unsystematic risk of the companies. Then, the relationship between factors affecting income smoothing behavior and unsystematic risk of the companies is investigated, using linear multiple regression test. In the second to sixth hypotheses, the variables of company size, liquidity ratio, liability contract, income variability and industry type are regarded as independent variables, and unsystematic risk as dependent variable. In this research, the number of sample data for a 10-year-period from 1381 to 1390 accounted to 650 year-company. The findings of the research indicated that income smoothing reduces unsystematic risk, and the factors representing company size, liquidity ratio, liability contract, income variability and industry type have significant relationships with unsystematic risk.
format	article
author	Mohammad Omid Akhgar Soraya Jelvezan
author_facet	Mohammad Omid Akhgar Soraya Jelvezan
author_sort	Mohammad Omid Akhgar
title	Effect of Income Smoothing on Unsystematic Risks of Companies Listed in Tehran Stock Exchange
title_short	Effect of Income Smoothing on Unsystematic Risks of Companies Listed in Tehran Stock Exchange
title_full	Effect of Income Smoothing on Unsystematic Risks of Companies Listed in Tehran Stock Exchange
title_fullStr	Effect of Income Smoothing on Unsystematic Risks of Companies Listed in Tehran Stock Exchange
title_full_unstemmed	Effect of Income Smoothing on Unsystematic Risks of Companies Listed in Tehran Stock Exchange
title_sort	effect of income smoothing on unsystematic risks of companies listed in tehran stock exchange
publisher	Shahid Bahonar University of Kerman
publishDate	2015
url	https://doaj.org/article/68554f79531c464bb9c87e243ce20963
work_keys_str_mv	AT mohammadomidakhgar effectofincomesmoothingonunsystematicrisksofcompanieslistedintehranstockexchange AT sorayajelvezan effectofincomesmoothingonunsystematicrisksofcompanieslistedintehranstockexchange
_version_	1718444595482722304

Effect of Income Smoothing on Unsystematic Risks of Companies Listed in Tehran Stock Exchange

Ejemplares similares