Subject Areas :

محمد امری اسرمی ¹ , محمد علی آقایی ²

1 - دانش آموخته دکتری حسابداری، دانشکده مدیریت و اقتصاد، دانشگاه تربیت مدرس، تهران، ایران
2 - دانشیار گروه حسابداری، دانشکده مدیریت و اقتصاد، دانشگاه تربیت مدرس، تهران، ایران

Received: 2019-10-08 Accepted : 2019-12-11 Published : 2019-12-22

Keywords:

References:

فهرست منابع

1)     آقایی، محمد علی و کامیار سمیعی تبریزی، (1390)، "بررسی محافظه‌کاری حسابداری و محتوای اطلاعاتی سود حسابداری در طول چرخه‌های تجاری در شرکت‌های پذیرفته شده در بورس اوراق بهادار تهران"، پایان‌نامه کارشناسی ارشد، دانشگاه تربیت مدرس.

2)     افلاطونی، عباس، (1395)، "تأثیر رشد شرکت بر رابطه بین ارزش بازار، ارزش دفتری و سود"، پژوهش‌های حسابداری مالی و حسابرسی، 8، صص 1-21.

3)     بنی مهد، بهمن و قادر رحمن نژاد، (1396)، "محتوای ارزشی سود تقسیم شده در شرکت‌ها"، پژوهش‌های حسابداری مالی و حسابرسی، 9، صص 17-28.

4)     خالو زاده، حمید و علی خاکی صدیق، (1384)، "مدل‌سازی و پیش‌بینی قیمت سهام با معادله دیفرانسیل تصادفی"، تحقیقات اقتصادی، 69، صص 1- 26.

5)     دستگیر، محسن، احمد گوگرد چیان و ستاره آدمیت، (1394)، "رابطه بین کیفیت سود (پراکندگی سود) و بازده سهام"، پژوهش‌های حسابداری مالی و حسابرسی، 7، صص 21-37.

6)      صالحی، مهدی، محمدرضا عباس زاده و احمد احمدی، (1398)، "بررسی اثرات محافظه‌کاری شرطی و غیرشرطی بر رفتار سرمایه‌گذاری و بازدهی آتی شرکت‌ها"، پژوهش‌های حسابداری مالی و حسابرسی، 11(42)، صص 1- 22.

7)     فروغی، داریوش و منوچهر میرزایی، (1391)، "تأثیر محافظه‌کاری شرطی در حسابداری را بر ریسک سقوط آتی قیمت سهام در شرکت‌های عضو بورس اوراق بهادار تهران"، پیشرفت‌های حسابداری دانشگاه شیراز، دوره 4، شماره 2، پیاپی 3/63، صص 77-117.

8)     زنجیردار، مجید و زهرا رفیعی، (1396)، "تأثیر ضریب واکنش سود بر روابط اعتماد بیش از حد مدیریت و محافظه‌کاری مشروط"، پژوهش‌های حسابداری مالی و حسابرسی، 9، صص 113-136.

9)     سالاری، مهناز و مهدی بهار مقدم، (1392)، "تأثیر گزارشگری محافظه‌کارانه استهلاک بر ارزش بازار سهام، رابطه ارزشی سود و پایداری سود"، پژوهش‌های تجربی حسابداری، 1، صص 105-122.

10)  Ashton, D., T. Cooke and M. Tippett, (2003), “An Aggregation Theorem for the Valuation of Equity under Linear Information Dynamics”, Journal of Business Finance and Accounting, Vol. 57, Issues 2–3, PP. 218–240.

11)  Ashton D., T. Cooke, M. Tippett and P. Wang, (2004), “Linear Information Dynamics, Aggregation, Dividends and ‘Dirty Surplus’ Accounting”, Accounting and Business Research, Vol. 29(3), PP. 287–320.

12)  Ashton, D., K. Peasnell and P. Wang, (2011), “Residual Income Valuation Models and Inflation”, European Accounting Review, Vol. 20(3), PP. 459–83.

13)  Ashton D. and P. Wang, (2008), “Valuation Weights and Accounting Conservatism”, Online, Available at SSRN: http://ssrn.com.

14)  Ashton D. and P. Wang, (2012), “Terminal Valuations, Growth Rates and the Implied Cost of Capital”, Review of Accounting Studies, forthcoming.

15)  Ashton D. and P. Wang, (2013), “Valuation Weights, Linear Dynamics and Accounting Conservatism: An Empirical Analysis”, Journal of Business Finance & Accounting, 40(1) & (2), PP. 1–25.

16)  Ashton D. and P. Wang, (2015), “Conservatism in Residual Income Models: Theory and Supporting Evidence”, Accounting and Business Research, 45(3), PP. 387-410.

17)  Baltagi, B, (2008), “Econometric analysis of panel data” John Wiley & Sons.

18)  Basu, S, (1997), “The Conservatism Principle and the Asymmetric Timeliness of Earnings”, Journal of Accounting and Economics, Vol. 24, PP. 3–37.

19)  Beaver, W. and S. Ryan, (2000), “Biases and Lags in Book Value and Their Effects on the Ability of the Book-to-market Ratio to Predict Book Return on Equity”, Journal of Accounting Research, Vol. 38 (1), PP. 127–48.

20)  Beaver, W. and S. Ryan, (2005), “Conditional and Unconditional Conservatism: Concepts and Modeling”, Review of Accounting Studies, Vol. 10, PP. 269–309.

21)  Callen, J. & Morel. L, (2001), “Linear Accounting Valuation When Abnormal Earnings Are AR (2)”, Review of Quantitative Finance and Accounting, Vol. 16 (3), PP. 191–204.

22)  Canitz F, Canitz F, Ballis-Papanastasiou P, Ballis-Papanastasiou P, Fieberg C, Fieberg C, et al, (2017), “Estimates and Inferences in Accounting Panel Data Sets: Comparing Approaches”, The Journal of Risk Finance, 18(3), PP.268-83.

23)  Christensen, J. A. and J. S Demski, (2003), “Accounting Theory: An Information Content Perspective”, Irwin/McGraw-Hill.

24)  Clubb, C, (2012), “Information Dynamics, Dividend Displacement, Conservatism and Earnings Measurement: A Development of the Ohlson (1995) Valuation Framework”, Review of Accounting Studies.

25)  Dechow, P. M., Hutton A. P. and Sloan R. G, (1999), “An Empirical Assessment of the Residual Income Valuation Model”, Journal of Accounting and Economics, Vol. 26, PP. 1–34.

26)  Easton, P. and J. Pae, (2004), “Accounting Conservatism and the Relation between Returns and Accounting Data”, Review of Accounting Studies, Vol. 9(4), PP. 495–521.

27)  Einstein A, (1956), “Investigations on the Theory of the Brownian Movement” R. Fürth (Ed.) Dover, New York. (English translation of preceding reference.)

28)  Fama, E. F. and K. R. French, (1992), “The Cross-section of Expected Stock Returns”, Journal of Finance, Vol. 47(2), PP. 427–66.

29)  Fama, E. F. and K. R. French, (1993), “Common Risk Factors in the Returns on Stocks and Bonds”, Journal of Financial Economics, Vol. 33, PP. 3–56.

30)  Fama, E. F. and K. R. French, (1995), “Size and Book-to-market Factors in Earnings and Returns”, Journal of Finance, Vol. 50(1), PP. 131–55.

31)  Feltham G. and J. Ohlson, (1995), “Valuation and Clean Surplus Accounting for Operating and Financial Activities”, Contemporary Accounting Research, Vol. 11(2), PP. 689–732.

32)  Feltham G. and J. Ohlson, (1996), “Uncertainty Resolution and the Theory of Depreciation Measurement”, Journal of Accounting Research, Vol. 34(2), PP. 209–34.

33)  Frankel, R. and C. M. C. Lee, (1998), “Accounting Valuation, Market Expectation, and Cross-sectional Stock Returns”, Journal of Accounting and Economics, Vol. 25, PP. 283–319.

34)  Franzen, L. and S. Radhakrishnan, (2009), “The Value Relevance of R&D across Profit and Loss Firms”, Journal of Accounting and Public Policy, Vol. 28(1), PP. 16–32.

35)  Givoly, D. and C. Hayn, (2000), “The Changing Time-series Properties of Earnings, Cash Flows and Accruals: Has Financial Reporting Become More Conservative?”, Journal of Accounting and Economics, Vol. 29(3), PP. 287–320.

36)  Givoly, D., C. Hayn and A. Natarajan, (2007), “Measuring Reporting Conservatism”, The Accounting Review, Vol. 82(1), PP. 65–106.

37)  Hughes, J., J. Li and M. Zhang, (2004), “Valuation and Accounting for Inflation and Foreign Exchange”, Journal of Accounting Research, Vol. 42, PP. 731–54.

38)  Khan, M. and R. Watts, (2009), “Estimation and Validation of a Firm-year Measure of Conservatism”, Journal of Accounting and Economics, Vol. 48, PP. 132–50.

39)  Kim, J. B., & Zhang, L, (2016), “Accounting Conservatism and Stock Price Crash Risk: Firm‐Level Evidence”, Contemporary Accounting Research, 33(1), PP. 412-441.

40)  Lintner, J, (1956), “Distribution of Incomes of Corporations among Dividends, Retained Earnings and Taxes”, American Economic Review, Vol. 46, PP. 97–113.

41)  Mandelbrot, B.; Hudson, R, (2004), “The (Mis)behavior of Markets: A Fractal View of Risk, Ruin, and Reward”.

42)  Mörters, P.; Peres, Y, (2008), “Brownian motion”, (Draft Version), Retrieved 25.

43)  Myers, J, (1999), “Implementing Residual Income Valuation with Linear Information Dynamics”, The Accounting Review, Vol. 74(1), PP. 1–28.

44)  Ohlson, J. A, (1995), “Earnings, Book Values, and Dividends in Equity Valuation”, Contemporary Accounting Research, Vol. 11(2), PP. 661–87.

45)  Ohlson, J. A, (1999), “On Transitory Earnings”, Review of Accounting Studies, Vol. 4, PP. 145–62.

46)  Ohlson, J. A, (2017), “Valuation and Growth”, Online’ Available at SSRN. https://ssrn.com

47)  Pae, J., D.B. Thornton and M. Welker, (2005), “The Link between Earnings Conservatism and the Price-to-book Ratio”, Contemporary Accounting Research, Vol. 22(3), PP. 693–717.

48)  Penman, S. H, (2013), “Financial statement analysis and security valuation”, (fifth ed.). New York: McGraw-Hill.

49)  Penman, S. H., Reggiani, F., Richardson, S. A., & Tuna, A, (2017), “A Framework for Identifying Accounting Characteristics for Asset Pricing Models, with an Evaluation of Book-To-Price”, Online’. Available at SSRN: https://ssrn.com/

50)  Penman S. and X. Zhang, (2002), “Accounting Conservatism, the Quality of Earnings and Stock Returns”, The Accounting Review, Vol. 77(2), PP. 237–64.

51)  Pope, F. P. and P. Wang, (2005), “Earnings Components, Accounting Bias and Equity Valuation”, Review of Accounting Studies, Vol. 10, PP. 387–407.

52)  Stark, A. W, (2008), “Intangibles and Research. An Overview with Specific Focus on the UK”, Accounting and Business Research, Vol. 38(3), PP. 275–85.

53)  Stark, A. W, (1997), “Linear Information Dynamics, Divided Irrelevance, Corporate Valuation and the Clean Surplus Relation”, Accounting and Business Research, Vol. 27(3), PP. 219-228.

54)  Watts, R, (2003a), “Conservatism in Accounting Part I: Explanations and Implications”, Accounting Horizons, Vol. 17(3), PP. 207–21.

55)  Watts, R, (2003b), “Conservatism in Accounting Part II: Evidence and Research Opportunities”, Accounting Horizons, Vol. 17(4), PP. 287–301.

یادداشت‌ها