Investment-Cash Flow Sensitivity: A Study of Iranian Listed Companies

被引：0

作者：

Salehi, Mandi ^{[1
]}

Mohammadi, Ali ^{[2
]}

Esfahani, Parisa Taherzadeh ^{[3
]}

机构：

[1] Ferdowsi Univ Mashhad, Fac Econ & Business Adm, Azadi Sq,Vakilabad Blvd, Mashhad City, Khorasan Razavi, Iran

[2] Islamic Azad Univ, Dept Accounting, Zanjan Branch, Zanjan, Iran

[3] Islamic Azad Univ, Dept Accounting, Zanjan Sci & Res Branch, Zanjan, Iran

来源：

ORGANIZACIJA | 2013年 / 46卷 / 03期

关键词：

Auditing; auditor report; cash flow-investment sensitivity; Iran;

D O I：

10.2478/orga-2013-0009

中图分类号：

C93 [管理学];

学科分类号：

12 ; 1201 ; 1202 ; 120202 ;

摘要：

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.

引用

页码：87 / 97

页数：11

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