Studying the Effects of Related Factors to Risk on Shareholders’ Equity Cost by Considering Earnings Quality for Accepted Companies in Tehran Stock Exchange

Document Type: Research Paper

Authors

1 Department of Accounting, Ilam Branch, Islamic Azad University, Ilam, Iran.

2 Department of Accounting, Ilam Branch, Islamic Azad University, Ilam, Iran

Abstract

cost by considering earnings quality for accepted companies in Tehran Stock
Exchange. This survey investigates a population of 76 companies during the time
period of 2009-2014. The results show that under high earnings quality, the market
risk factor, the book risk to market factor, and the size risk factor have positive
effects, and the profit risk factor has negative effects on shareholders equity cost.

Keywords

Main Subjects


[1] Islami Bigdeli, Gh, Heibati, F, portfolio management by using index model, financial researches,
governmental and business management faculty of Tehran University, 1996 , P. 6-
25.


[2] Ahmadpur, A, Gholami Jamkarani, R, studying relationship between accounting information
and market risk, social and human science journal of Shiraz University,2012, 22 (2), P.20-25.

[3] Bani Mahd, B, YaghbNejad, A and Elham Vahidi Kia, production competitive power and
shareholders’ equity cost, financial accounting and auditing survey journal, 2016, 26.

[4] Partoy, N, Amor Poria Nasab, introduction on qualitative features of accounting information,
accouter journal, 2001, 144.

[5] Hejazi, R, Comparison of relationship between added market value and economic added value
with accounting criteria in Tehran stock exchange, 2007, p. 237-251.

[6] Khaki, Gh,R, research method with an approach to dissertation writing, Baztab Pub, 5th edition,
2009.

[7] Dastgir, M, Gogerdchian, A. and Adamiat, Setare, relationship of earnings quality and stock
return, financial accounting and auditing surveys, 2015, 9 (26).

[8] Delavar, A, theoretical and scientific bases in human a social scientist, Roshd Pub, 2007.

[9] Rezazade, J and Sharif Zaheri, discretionary accruals, systematic risk and company’s financial
disability, Experimental financial accounting research journal, 2nd year, 2012.

[10] Mahmmodi, A, comparison studying of correlation relationship between economic added
value, risk and operational cash flow in performance evaluating, M.A. thesis, Yazd University