The interaction effect of earnings persistence and financial statement comparability on earnings predictability and pricing efficiency of accruals
نویسندگان
1 Department of Accounting, Mobarakeh Branch, Islamic Azad University, Isfahan, Iran
2 Department of Accounting, Shahin Shahr Branch, Islamic Azad University, Isfahan, Iran
3 Department of Accounting, Mobarakeh Branch, Islamic Azad University, Isfahan, Iran
4 Department of Accounting, Mobarakeh Branch, Islamic Azad University, Isfahan, Iran
doi
10.22075/ijnaa.2024.33835.5046چکیده
This study aims to examine the interaction effect of earnings persistence and the financial statement comparability on the earnings predictability and the pricing efficiency of accruals. Establishing a balance between the qualitative characteristics of information with earnings persistence and financial statement comparability is possible and leads to an increase in the overall quantity and quality of information of a company in the industry. For this purpose, 105 companies were selected from the companies listed on the Tehran Stock Exchange from 2012-2020. The multiple regression model using panel data has been used to test the research hypotheses. The findings show that earnings persistence has a positive and significant effect on the pricing efficiency of accruals. However, earnings persistence does not significantly affect earnings predictability. Moreover, the interaction term of earnings persistence and comparability has a positive effect on the pricing efficiency of accruals, but the interaction term of earnings persistence and comparability has no significant effect on the earnings predictability.
