The main purpose of this study is to investigate the effect of managers' ability on the consequences of corporate opacity in companies listed in Tehran Stock Exchange. Research hypotheses based on a statistical sample consisting of 106 companies during a 9-year period from 2010 to 2018 were tested using multivariate regression models. Demerjian & et al. (2012) model was used to measure management ability and to calculate the corporate opacity, the criteria of the index rate of lack of transparency in company information, trading volume, the price difference in company stock trading, earnings forecast error and discretionary accrual items were used. The results show that there is a negative significant relationship between managers' ability with index rate of lack of transparency in company information, the price difference in company stock trading and earnings forecast error. Also, there is no significant relationship between managers' ability with trading volume and discretionary accrual items.
khajavi,, S., Jahandoust Marghoub, ,. M., & weysihesar,, S. (2021). The Impact of Managers' Ability on the Consequences of Corporate Opacity. Applied Research in Financial Reporting, 10(18), 149-185.
MLA
shokrollah khajavi,; , Mehran Jahandoust Marghoub; soraya weysihesar,. "The Impact of Managers' Ability on the Consequences of Corporate Opacity". Applied Research in Financial Reporting, 10, 18, 2021, 149-185.
HARVARD
khajavi,, S., Jahandoust Marghoub, ,. M., weysihesar,, S. (2021). 'The Impact of Managers' Ability on the Consequences of Corporate Opacity', Applied Research in Financial Reporting, 10(18), pp. 149-185.
VANCOUVER
khajavi,, S., Jahandoust Marghoub, ,. M., weysihesar,, S. The Impact of Managers' Ability on the Consequences of Corporate Opacity. Applied Research in Financial Reporting, 2021; 10(18): 149-185.
