Investment-cash flow sensitivity

ǂa ǂstudy of Iranian listed companies

Mahdi Salehi (Author), Ali Mohammadi (Author), Parisa Taherzadeh Esfahani (Author)

Abstract

The main objective of the current study is to examine the effect of audit report on cash-flow investment sensitivity of 123 listed companies in Tehran Stock Exchange (TSE) during 2006-2010. Regression analysis and synthetic data were used for data analysis. The results showed that receiving modified report has a significant negative effect on cash flow-investment sensitivity. The findings also suggest the significant effect of receiving qualified report and unqualified report with explanatory paragraphs on cash flow-investment sensitivity.

Keywords

Iran;podjetja;korporacije;investicije;kapital;borze;borzništvo;

Data

Language:	English
Year of publishing:	2013
Typology:	1.01 - Original Scientific Article
Organization:	UM FOV - Faculty of Organizational Sciences
UDC:	658.14:336.76
COBISS:	269495552
ISSN:	1318-5454
Parent publication:	Organizacija
Views:	637
Downloads:	116
Average score:	0 (0 votes)
Metadata:

Other data

Secondary language:	Slovenian
Secondary title:	Občutljivost pretoka investicijskega kapitala
Secondary abstract:	Poglavitni cilj članka je proučiti učinek revizijskega poročila na občutljivost pretoka investicijskega kapitala na vzorcu 123 družb, ko so bile v obdobju 2006-2010 uvrščene na teheransko borzo. Pri obdelavi podatkov smo uporabili regresijsko analizo in sintetične podatke. Raziskava je pokazala, da ima spremenjeno revizijsko poročilo statistično pomemben negativen učinek na občutljivost pretoka investicijskega kapitala. Ugotovitve kažejo tudi na pomemben učinek kvalificiranega poročila in nekvalificiranega z dodano razlago na občutljivost pretoka investicijskega kapitala.
Secondary keywords:	Iran;podjetja;korporacije;investicije;kapital;borze;borzništvo;
URN:	URN:NBN:SI
Type (COBISS):	Scientific work
Pages:	str. 87-98
Volume:	ǂLetn. ǂ46
Issue:	ǂšt. ǂ3
Chronology:	maj-jun. 2013
DOI:	10.2478/orga-2013-0009
ID:	10884839