Accrual Earnings Management at Initial Public Offerings and Risk of Reducing Stock Long Term Returns

The Initial Public Offer (IPO) that leads to entering new firms, and perhaps new investors, to a market, is important for stock exchanges and capital markets. Regarding the importance of IPO in the Tehran Stock Exchange, and the capital market surpassing rival markets, as well as the implementation...

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Autores principales:	Esfandiar Malekian Kallehbasti, Ali Fateri
Formato:	article
Lenguaje:	FA
Publicado:	Shahid Bahonar University of Kerman 2016
Materias:	accruals stock returns initial public offer earnings management Accounting. Bookkeeping HF5601-5689
Acceso en línea:	https://doaj.org/article/7deacb88217f4a89a184d361a438285d
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spelling	oai:doaj.org-article:7deacb88217f4a89a184d361a438285d2021-11-04T19:49:25ZAccrual Earnings Management at Initial Public Offerings and Risk of Reducing Stock Long Term Returns2008-89142476-292X10.22103/jak.2016.1427https://doaj.org/article/7deacb88217f4a89a184d361a438285d2016-02-01T00:00:00Zhttps://jak.uk.ac.ir/article_1427_b9b2187201e34d93ba7cb9b1b5ba570b.pdfhttps://doaj.org/toc/2008-8914https://doaj.org/toc/2476-292XThe Initial Public Offer (IPO) that leads to entering new firms, and perhaps new investors, to a market, is important for stock exchanges and capital markets. Regarding the importance of IPO in the Tehran Stock Exchange, and the capital market surpassing rival markets, as well as the implementation of Article 44 of the Iranian constitution, it seems to be necessary to study the Iranian IPO. By this way, this research investigates the relationship between accruals earnings management and stock long term returns in the IPO firms. The research time scope was between 2001 till 2013, and the Log it regression model was used to test the research hypotheses. The findings showed that there was not significant relationship between accruals earnings management at the IPO year and the stock long term returns in the IPO firms.Esfandiar Malekian KallehbastiAli FateriShahid Bahonar University of Kermanarticleaccrualsstock returnsinitial public offerearnings managementAccounting. BookkeepingHF5601-5689FAمجله دانش حسابداری, Vol 6, Iss 23, Pp 55-75 (2016)
institution	DOAJ
collection	DOAJ
language	FA
topic	accruals stock returns initial public offer earnings management Accounting. Bookkeeping HF5601-5689
spellingShingle	accruals stock returns initial public offer earnings management Accounting. Bookkeeping HF5601-5689 Esfandiar Malekian Kallehbasti Ali Fateri Accrual Earnings Management at Initial Public Offerings and Risk of Reducing Stock Long Term Returns
description	The Initial Public Offer (IPO) that leads to entering new firms, and perhaps new investors, to a market, is important for stock exchanges and capital markets. Regarding the importance of IPO in the Tehran Stock Exchange, and the capital market surpassing rival markets, as well as the implementation of Article 44 of the Iranian constitution, it seems to be necessary to study the Iranian IPO. By this way, this research investigates the relationship between accruals earnings management and stock long term returns in the IPO firms. The research time scope was between 2001 till 2013, and the Log it regression model was used to test the research hypotheses. The findings showed that there was not significant relationship between accruals earnings management at the IPO year and the stock long term returns in the IPO firms.
format	article
author	Esfandiar Malekian Kallehbasti Ali Fateri
author_facet	Esfandiar Malekian Kallehbasti Ali Fateri
author_sort	Esfandiar Malekian Kallehbasti
title	Accrual Earnings Management at Initial Public Offerings and Risk of Reducing Stock Long Term Returns
title_short	Accrual Earnings Management at Initial Public Offerings and Risk of Reducing Stock Long Term Returns
title_full	Accrual Earnings Management at Initial Public Offerings and Risk of Reducing Stock Long Term Returns
title_fullStr	Accrual Earnings Management at Initial Public Offerings and Risk of Reducing Stock Long Term Returns
title_full_unstemmed	Accrual Earnings Management at Initial Public Offerings and Risk of Reducing Stock Long Term Returns
title_sort	accrual earnings management at initial public offerings and risk of reducing stock long term returns
publisher	Shahid Bahonar University of Kerman
publishDate	2016
url	https://doaj.org/article/7deacb88217f4a89a184d361a438285d
work_keys_str_mv	AT esfandiarmalekiankallehbasti accrualearningsmanagementatinitialpublicofferingsandriskofreducingstocklongtermreturns AT alifateri accrualearningsmanagementatinitialpublicofferingsandriskofreducingstocklongtermreturns
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Accrual Earnings Management at Initial Public Offerings and Risk of Reducing Stock Long Term Returns

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