An investigation of the smoothing of financial Ratios by management and the effect on decision users
Subject Areas : Futurology
R. Shabahang
1
(
ندارد
)
M. Hemmat far
2
(
ندارد
)
Keywords: Financial Ratios, Ratio smoothing index, Firm Size, Market Share, Agency debt
, 
, Direction of Div,
Abstract :
The study investigates the smoothing of financial ratios by management and the effects offinancial in formation in accepted companies population in tehran securities exchange.In the study using deductive, inductive approach, firstly with expressing theoritical concepts andfirst model going toward details of study (Financial statement) ends to inductive result and statistictests.It is disscused two hypothesis in the study, according to theorical bases: which the first oneinvestigates existence financial ratio smoothing and the second one smoothing Analysis of variance(ANOVA) statistics method is used.For testing the first method panel data multiple regression is used For testing second hypothesies.Testing the first hypotesies indecated that financial ratios smoothing behavior in 5% significantlevel for some under the study years (76-81) observed for the most of the investigated.Financial ratios the second hypothesis indicated that the mentioned factors on smoothing index ofsome investigeted financial ratios were efficacious.Among these effective factors the most power Full Factors on financial ratios smoothing indexhas been Agency debt, and the most weak factor has been the size of company.
