Reviewing Accounting Conservatism and Earnings Value Relevance Across the Business Cycle in Tehran Stock Exchange

Mohamad Ali Aghayee; Kamyar Samiee Tabrizi

Volume 1, Issue 2 , October 2017, , Pages 21-38

https://doi.org/10.22034/ijf.2017.59772

Abstract
  According to accounting literature, value relevance of earnings is caused by the relationship between earnings and return. Had the earning response related to negative returns exceeds positive ones, it can be concluded that management has in fact revealed the bad news via conservative methods; this influences ...  Read More