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:: year 13, Issue 52 (2021) ::
fa 2021, 13(52): 33-52 Back to browse issues page
The role of accounting information quality and sustainable growth in the expected return volatility
Mohsen Rashidi Baghi * 1, Mohammad Amiri1
1- lorestan university
Abstract:   (2986 Views)

Investors use the growth index to stabilize their expectations of stock returns. In addition, uncertainty based on the type of news and business situation has an asymmetric effect on stock returns. In this paper, the aim is to investigate the role of growth indicators and environmental uncertainty in the relationship between the quality of accounting information and expected fluctuations in returns. For this purpose, data related to 120 companies listed on the Tehran Stock Exchange for the period 1389 to 1398 extracted and the regression model of composite data used to test research hypotheses. The results indicate that increasing the quality of accounting information leads to reducing the expected volatility of returns. In addition, the growth of the company using the Q- Tobin index has a significant effect on adjusting the relationship between the quality of accounting information and the expected return on volatility. Finally, the results show that environmental uncertainty has a negative and significant effect on adjusting the relationship between the quality of accounting information and fluctuations in expected returns.  
Article number: 2
Keywords: Accounting Information Quality, Growth, Expected Returns
Full-Text [PDF 508 kb]   (103 Downloads)    
Type of Study: Research | Subject: Special
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Rashidi Baghi M, amiri M. The role of accounting information quality and sustainable growth in the expected return volatility. fa 2021; 13 (52) : 2
URL: http://qfaj.mobarakeh.iau.ir/article-1-2177-en.html
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year 13, Issue 52 (2021) Back to browse issues page
فصلنامه حسابداری مالی Quarterly Financial Accounting
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