- تاریخ انتشار : ۱۳۹۶
- ناشر : پنجمین کنفرانس بین المللی پژوهشهای نوین در مدیریت اقتصاد و حسابداری
- زبان مقاله : همه
- تعداد صفحات : 19
- حجم فایل : 986.411 کیلوبایت
- نوع مقاله : مجموعه مقالات کنفرانس
- مجموعه : حسابداری
چکیده مقاله
The main purpose of this study is examination the effect of product market competition on conditional conservatism. Conditional conservatism interprets as resulting in earnings reflecting bad news more quickly than good news. This interpretation implies systematic differences between bad news and good news periods in the timeliness and persistence of earnings. In fact, it deals with an asymmetrical relationship between earnings and stock returns. Basu’s model (1997) is applied in order to measure conditional conservatism. Another aspect of this research deals with market competition, a notion that is based on splitting markets into two groups of competitive and monopoly. Product market competition is measured using the Herfindahl–Hirschman Index (HHI) as an inverse criteria which is focused on competition concentration in industries. The research sample includes 171 listed companies in Tehran Securities and Exchange over the period 2007- 2014. Multivariate regression model based on panel data is applied to test the main hypothesis. The results indicated that product market competition has positive and meaningful impact on conditional conservatism. In fact, those firms that active in more competitive industries, have higher levels of conditional conservatism. Also, evidences indicate that high competitive firms compared to low competitive firms, significantly apply higher levels of conditional conservatism.
نحوه استناد به مقاله
در صورتی که می خواهید به این مقاله در اثر پژوهشی خود ارجاع دهید، می توانید از متن زیر در بخش منابع و مراجع بهره بگیرید :
1.Mohammad Hassani؛2.Marzieh Raeisi؛ ۱۳۹۵، Examination the Effect of Product Market Competition on Conditional Conservatism، پنجمین کنفرانس بین المللی پژوهشهای نوین در مدیریت اقتصاد و حسابداری، https://scholar.conference.ac:443/index.php/download/file/8762-Examination-the-Effect-of-Product-Market-Competition-on-Conditional-Conservatism
در داخل متن نیز هر جا به عبارت و یا دستاوردی از این مقاله اشاره شود پس از ذکر مطلب، در داخل پرانتز، مشخصات زیر نوشته شود.
(1.Mohammad Hassani؛2.Marzieh Raeisi؛ ۱۳۹۵)