The Effect of Financial Crisis on the Quality of Financial Reporting

Managers of companies that are facing financial crisis, have high incentives to use discretionary accruals and earnings because of declining profitability and the resulting stock price decline his bonus, such acts lead to a reduction in earnings quality and reduce the quality of financial informatio...

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Autores principales:	Seyed Kazem Ebrahimi (Ph.D), Ali Bahraminasab, Reza Mamashli
Formato:	article
Lenguaje:	FA
Publicado:	Shahid Bahonar University of Kerman 2017
Materias:	financial crisis earnings smoothness value relevance conservatism Accounting. Bookkeeping HF5601-5689
Acceso en línea:	https://doaj.org/article/aa1154a402714d3cb7259b926b829d0b
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spelling	oai:doaj.org-article:aa1154a402714d3cb7259b926b829d0b2021-11-04T19:53:14ZThe Effect of Financial Crisis on the Quality of Financial Reporting2008-89142476-292X10.22103/jak.2017.9590.2285https://doaj.org/article/aa1154a402714d3cb7259b926b829d0b2017-11-01T00:00:00Zhttps://jak.uk.ac.ir/article_1762_c3feffe0a34e8a3e0724dbf2dc6d6d53.pdfhttps://doaj.org/toc/2008-8914https://doaj.org/toc/2476-292XManagers of companies that are facing financial crisis, have high incentives to use discretionary accruals and earnings because of declining profitability and the resulting stock price decline his bonus, such acts lead to a reduction in earnings quality and reduce the quality of financial information, So the financial crisis has weakened the trust of investors in financial reporting system and the quality of its accounting is of great importance. The purpose of this research is to determine the effect of financial crisis on quality of financial reporting. In this study we use a sample of 90 firms listed in Tehran Stock Exchange during the period 2002 to 2015. The results of multiple regression model and panel data with fixed and random effects, showed that financial crisis has significant negative effect on the earning smoothing, value relevance and conditional conservatism, but it was not found significant correlation between the financial crisis with unconditional conservatism.Seyed Kazem Ebrahimi (Ph.D)Ali BahraminasabReza MamashliShahid Bahonar University of Kermanarticlefinancial crisisearnings smoothnessvalue relevanceconservatismAccounting. BookkeepingHF5601-5689FAمجله دانش حسابداری, Vol 8, Iss 3, Pp 141-165 (2017)
institution	DOAJ
collection	DOAJ
language	FA
topic	financial crisis earnings smoothness value relevance conservatism Accounting. Bookkeeping HF5601-5689
spellingShingle	financial crisis earnings smoothness value relevance conservatism Accounting. Bookkeeping HF5601-5689 Seyed Kazem Ebrahimi (Ph.D) Ali Bahraminasab Reza Mamashli The Effect of Financial Crisis on the Quality of Financial Reporting
description	Managers of companies that are facing financial crisis, have high incentives to use discretionary accruals and earnings because of declining profitability and the resulting stock price decline his bonus, such acts lead to a reduction in earnings quality and reduce the quality of financial information, So the financial crisis has weakened the trust of investors in financial reporting system and the quality of its accounting is of great importance. The purpose of this research is to determine the effect of financial crisis on quality of financial reporting. In this study we use a sample of 90 firms listed in Tehran Stock Exchange during the period 2002 to 2015. The results of multiple regression model and panel data with fixed and random effects, showed that financial crisis has significant negative effect on the earning smoothing, value relevance and conditional conservatism, but it was not found significant correlation between the financial crisis with unconditional conservatism.
format	article
author	Seyed Kazem Ebrahimi (Ph.D) Ali Bahraminasab Reza Mamashli
author_facet	Seyed Kazem Ebrahimi (Ph.D) Ali Bahraminasab Reza Mamashli
author_sort	Seyed Kazem Ebrahimi (Ph.D)
title	The Effect of Financial Crisis on the Quality of Financial Reporting
title_short	The Effect of Financial Crisis on the Quality of Financial Reporting
title_full	The Effect of Financial Crisis on the Quality of Financial Reporting
title_fullStr	The Effect of Financial Crisis on the Quality of Financial Reporting
title_full_unstemmed	The Effect of Financial Crisis on the Quality of Financial Reporting
title_sort	effect of financial crisis on the quality of financial reporting
publisher	Shahid Bahonar University of Kerman
publishDate	2017
url	https://doaj.org/article/aa1154a402714d3cb7259b926b829d0b
work_keys_str_mv	AT seyedkazemebrahimiphd theeffectoffinancialcrisisonthequalityoffinancialreporting AT alibahraminasab theeffectoffinancialcrisisonthequalityoffinancialreporting AT rezamamashli theeffectoffinancialcrisisonthequalityoffinancialreporting AT seyedkazemebrahimiphd effectoffinancialcrisisonthequalityoffinancialreporting AT alibahraminasab effectoffinancialcrisisonthequalityoffinancialreporting AT rezamamashli effectoffinancialcrisisonthequalityoffinancialreporting
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The Effect of Financial Crisis on the Quality of Financial Reporting

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