Determining the Relationship between Accruals Quality and Cash Holdings for Listed Companies in the Tehran Stock Exchange

The aim of this study is to investigate the relationship between the accruals quality and the cash holdings for the listed companies in the Tehran Stock Exchange. For determining the accruals quality, Dechow and Dichev model (2002) and to separate accruals in two components, namely the Discretionary...

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Autores principales:	Shokrollah Khajavi, Anvar Bayazidi, Saeed Jabbarzadeh Kangarlue
Formato:	article
Lenguaje:	FA
Publicado:	Shahid Bahonar University of Kerman 2012
Materias:	accruals quality non-discretionary and discretionary accruals items cash holdings Accounting. Bookkeeping HF5601-5689
Acceso en línea:	https://doaj.org/article/7c0d4a9b625d41afab1679048857c2e7
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spelling	oai:doaj.org-article:7c0d4a9b625d41afab1679048857c2e72021-11-04T19:42:26ZDetermining the Relationship between Accruals Quality and Cash Holdings for Listed Companies in the Tehran Stock Exchange2008-89142476-292X10.22103/jak.2012.115https://doaj.org/article/7c0d4a9b625d41afab1679048857c2e72012-08-01T00:00:00Zhttps://jak.uk.ac.ir/article_115_b3681c056f3e7eef97385146158b1494.pdfhttps://doaj.org/toc/2008-8914https://doaj.org/toc/2476-292XThe aim of this study is to investigate the relationship between the accruals quality and the cash holdings for the listed companies in the Tehran Stock Exchange. For determining the accruals quality, Dechow and Dichev model (2002) and to separate accruals in two components, namely the Discretionary and Non-discretionary, adjusted Jones model was employed. To measure of the cash holdings in exchange companies, Ozkan and Ozkan (2004) and Opler et al (1999) models were used. Our study sample included 54 listed companies in the Tehran Stock Exchange (TSE) during 2003 to 2009. For testify the hypotheses, pooled data (fixed effects) and econometric software of Eviews 6, were exerted. The results of the study reveal there is a positive and no significant relationship between the accruals quality and the cash holdings, but this relationship between discretionary and non-discretionary accruals with cash holdings was negative and significant and negative but no significant, sequentially. Too, findings show bigger companies and companies have other cash assets other than cash, hold less cash but conversely, companies have more return on cash (opportunity cost on investing in cash assets) hold more cash.Shokrollah KhajaviAnvar BayazidiSaeed Jabbarzadeh KangarlueShahid Bahonar University of Kermanarticleaccruals qualitynon-discretionary and discretionary accruals itemscash holdingsAccounting. BookkeepingHF5601-5689FAمجله دانش حسابداری, Vol 3, Iss 9, Pp 55-76 (2012)
institution	DOAJ
collection	DOAJ
language	FA
topic	accruals quality non-discretionary and discretionary accruals items cash holdings Accounting. Bookkeeping HF5601-5689
spellingShingle	accruals quality non-discretionary and discretionary accruals items cash holdings Accounting. Bookkeeping HF5601-5689 Shokrollah Khajavi Anvar Bayazidi Saeed Jabbarzadeh Kangarlue Determining the Relationship between Accruals Quality and Cash Holdings for Listed Companies in the Tehran Stock Exchange
description	The aim of this study is to investigate the relationship between the accruals quality and the cash holdings for the listed companies in the Tehran Stock Exchange. For determining the accruals quality, Dechow and Dichev model (2002) and to separate accruals in two components, namely the Discretionary and Non-discretionary, adjusted Jones model was employed. To measure of the cash holdings in exchange companies, Ozkan and Ozkan (2004) and Opler et al (1999) models were used. Our study sample included 54 listed companies in the Tehran Stock Exchange (TSE) during 2003 to 2009. For testify the hypotheses, pooled data (fixed effects) and econometric software of Eviews 6, were exerted. The results of the study reveal there is a positive and no significant relationship between the accruals quality and the cash holdings, but this relationship between discretionary and non-discretionary accruals with cash holdings was negative and significant and negative but no significant, sequentially. Too, findings show bigger companies and companies have other cash assets other than cash, hold less cash but conversely, companies have more return on cash (opportunity cost on investing in cash assets) hold more cash.
format	article
author	Shokrollah Khajavi Anvar Bayazidi Saeed Jabbarzadeh Kangarlue
author_facet	Shokrollah Khajavi Anvar Bayazidi Saeed Jabbarzadeh Kangarlue
author_sort	Shokrollah Khajavi
title	Determining the Relationship between Accruals Quality and Cash Holdings for Listed Companies in the Tehran Stock Exchange
title_short	Determining the Relationship between Accruals Quality and Cash Holdings for Listed Companies in the Tehran Stock Exchange
title_full	Determining the Relationship between Accruals Quality and Cash Holdings for Listed Companies in the Tehran Stock Exchange
title_fullStr	Determining the Relationship between Accruals Quality and Cash Holdings for Listed Companies in the Tehran Stock Exchange
title_full_unstemmed	Determining the Relationship between Accruals Quality and Cash Holdings for Listed Companies in the Tehran Stock Exchange
title_sort	determining the relationship between accruals quality and cash holdings for listed companies in the tehran stock exchange
publisher	Shahid Bahonar University of Kerman
publishDate	2012
url	https://doaj.org/article/7c0d4a9b625d41afab1679048857c2e7
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Determining the Relationship between Accruals Quality and Cash Holdings for Listed Companies in the Tehran Stock Exchange

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