The Effect of Earning and Information Quality on Stock Trading

This study investigates the effect of earnings and information quality on stock trading. The statistical population consists of 99 listed companies in Tehran Stock Exchange from 2013 to 2018. To test the hypotheses, multiple regression analysis of panel and pool data structure is used. The results s...

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Main Authors: Abdorreza Asadi, Ahmad Zendehdel, Bibi Zahra Sanagostar
Format: Article
Language:English
Published: Ferdowsi University of Mashhad 2020-12-01
Series:Iranian Journal of Accounting, Auditing & Finance
Subjects:
Online Access:https://ijaaf.um.ac.ir/article_39508_adc7f35a98a231341a2d0e8ca68f9c2e.pdf
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author Abdorreza Asadi
Ahmad Zendehdel
Bibi Zahra Sanagostar
author_facet Abdorreza Asadi
Ahmad Zendehdel
Bibi Zahra Sanagostar
author_sort Abdorreza Asadi
collection DOAJ
description This study investigates the effect of earnings and information quality on stock trading. The statistical population consists of 99 listed companies in Tehran Stock Exchange from 2013 to 2018. To test the hypotheses, multiple regression analysis of panel and pool data structure is used. The results show that the earnings persistence, earnings response coefficient, and accruals quality significantly affect the trading days’ ratio. Furthermore, it reveals an insignificant relationship between the annual stock return and trading days’ ratio. The results further reveal that the effect of earnings persistence and quality of accruals on stock trading turnover is similarly insignificant. Simultaneously, the earnings response coefficient and annual stock return significantly affect the stock trading turnover.
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publishDate 2020-12-01
publisher Ferdowsi University of Mashhad
record_format Article
series Iranian Journal of Accounting, Auditing & Finance
spelling doaj-art-53e4777d0cc84541b98b92fc24ffbc712025-08-20T02:39:18ZengFerdowsi University of MashhadIranian Journal of Accounting, Auditing & Finance2717-41312588-61422020-12-0144718210.22067/ijaaf.2021.3950839508The Effect of Earning and Information Quality on Stock TradingAbdorreza Asadi0Ahmad Zendehdel1Bibi Zahra Sanagostar2Department of Management, Neyshabur Branch, Islamic Azad University, Neyshabur, IranDepartment of Management, Neyshabur Branch, Islamic Azad University, Neyshabur, IranDepartment of Management, Neyshabur Branch, Islamic Azad University, Neyshabur, IranThis study investigates the effect of earnings and information quality on stock trading. The statistical population consists of 99 listed companies in Tehran Stock Exchange from 2013 to 2018. To test the hypotheses, multiple regression analysis of panel and pool data structure is used. The results show that the earnings persistence, earnings response coefficient, and accruals quality significantly affect the trading days’ ratio. Furthermore, it reveals an insignificant relationship between the annual stock return and trading days’ ratio. The results further reveal that the effect of earnings persistence and quality of accruals on stock trading turnover is similarly insignificant. Simultaneously, the earnings response coefficient and annual stock return significantly affect the stock trading turnover.https://ijaaf.um.ac.ir/article_39508_adc7f35a98a231341a2d0e8ca68f9c2e.pdfearnings persistenceearning response coefficientquality of accrualsstock trading
spellingShingle Abdorreza Asadi
Ahmad Zendehdel
Bibi Zahra Sanagostar
The Effect of Earning and Information Quality on Stock Trading
Iranian Journal of Accounting, Auditing & Finance
earnings persistence
earning response coefficient
quality of accruals
stock trading
title The Effect of Earning and Information Quality on Stock Trading
title_full The Effect of Earning and Information Quality on Stock Trading
title_fullStr The Effect of Earning and Information Quality on Stock Trading
title_full_unstemmed The Effect of Earning and Information Quality on Stock Trading
title_short The Effect of Earning and Information Quality on Stock Trading
title_sort effect of earning and information quality on stock trading
topic earnings persistence
earning response coefficient
quality of accruals
stock trading
url https://ijaaf.um.ac.ir/article_39508_adc7f35a98a231341a2d0e8ca68f9c2e.pdf
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