Journal of Accounting and Management Vision

Journal of Accounting and Management Vision

Relationship between Multiple Earnings Quality Measures and Stock Return Volatility

Document Type : Original Article

Authors
1 Assistant Professor of Accounting, Naser Khosrow Institute of Higher Education, Saveh, Iran
2 studentMaster student of accounting, Naser Khosrow Institute of Higher Education, Saveh, Iran
3 Master student of accounting, Naser Khosrow Institute of Higher Education, Saveh, Iran
Abstract
There are different measures for earnings quality, and each earnings quality metric is unique and reflects a particular aspect of a company's reported earnings; therefore, each of the Earnings quality metrics can affect stock returns or investment risk volatility differently. The purpose of this study is to investigate the Relationship between multiple Earnings quality measures and stock return volatility. Research in terms of purpose is part of applied research and research method in terms of nature and content is cause and effect. The research was conducted in the framework of deductive-inductive reasoning and panel analysis was used to analyze the hypotheses. To collect information, data from 142 companies listed on the Tehran Stock Exchange in the period 1391-1399 have been used. The results of this study show that accrual quality and persistent earnings have a negative and significant relationship and conservatism and earnings smoothness have a positive and significant relationship with stock return volatility; But the relationship between profit predictability and stock return volatility is not significant
Keywords