| Autor: |
Majid Montashery, Daryush Farid |
| Jazyk: |
perština |
| Rok vydání: |
2020 |
| Předmět: |
|
| Zdroj: |
Journal of Asset Management and Financing, Vol 8, Iss 1, Pp 123-136 (2020) |
| Druh dokumentu: |
article |
| ISSN: |
2383-1189 |
| DOI: |
10.22108/amf.2020.118068.1444 |
| Popis: |
Objectives: Informativeness by companies is of great importance for managers to transfer information about financial performance to investors, creditors and other stakeholders, and is one of the significant reasons for requesting information on stock prices, informativeness issues, and information asymmetry. Several factors affect the transparency and informativeness of stock prices – including managers’ reputation motivation– which results from their potential effort to display the benefit of operation in terms of goals such as credibility and trust-building. Method: Thus, the purpose of this study is to explain the effect of managers' reputation motivation on stock price disclosure. To do so, the evidence of 910 firm-year (130 companies for 7 years), collected from annual financial reports of companies listed in Tehran Stock Exchange from 2011 to 2017, was tested. Results: Research findings show a significant relationship between the managers' reputation motivation and stock price disclosure. Further, the size of the company has a positive and significant impact on stock price disclosure. |
| Databáze: |
Directory of Open Access Journals |
| Externí odkaz: |
|
