Investor Sentiment's Impact on Accounting Error Corrections, Audit Fees, and Going Concern Reports
Parvin Sadri
1
(
استادیار گروه حسابداری،دانشگاه آزاد اسلامی واحد ساوه، ، ایران
)
عباس اللهیاری
2
(
هیات علمی دانشگاه آزاد اسلامی واحد لامرد
)
3
(
department of accounting, saveh branch, Islamic Azad University, Saveh, Iran
)
Keywords: Correction of accounting errors, auditing fees, Going Concern Reports, and investors' sentiment.,
Abstract :
This study explores the impact of investor sentiment on the correction of accounting errors, audit fees, and the issuance of going concern opinions among firms listed on the Tehran Stock Exchange. Using a systematic elimination method, a sample of 120 companies was selected for the period 2017–2022. Data were collected from audited financial statements, explanatory notes, and the stock exchange's monthly journal. To analyze the data, both descriptive and inferential statistics were applied. The F-Limer and Hausman tests were employed to identify the appropriate econometric model, and hypothesis testing was conducted using EViews software. The results demonstrate that investor sentiment significantly influences the likelihood of accounting error corrections, the level of audit fees, and the probability of receiving a going concern opinion.
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