The Effect of Environmental Uncertainty on Earnings Persistence

Subject Areas :

پگاه معتمدی ¹ , ید اله تاری وردی ²

1 - گروه حسابداری، واحد تهران مرکزی، دانشگاه آزاد اسلامی، تهران، ایران
2 - گروه حسابداری،واحدتهران مرکزی،دانشگاه آزاداسلامی،تهران،ایران

Received: 2021-12-25 Accepted : 2022-02-27 Published : 2022-05-22

Keywords: Earnings Persistence, Keywords: Environmental Uncertainty, Scaled by Total Assets,

Abstract :

Abstract The aim of this study is to investigate the effect of Environmental Uncertainty on Earnings persistence of listed Companies in Tehran Stock Exchange. The coefficient of variation (CV) of sales (scaled by total assets) to capture environmental uncertainty.  For this purpose one hypothesis developed and data on the 108 companies in Tehran Stock Exchange for the period of 1390 to 1398 were analyzed. The number of data collected for this study is 972 years-firm. The regression panel data with fixed effects approach, reviews and tests. The results showed that the concentration of Environmental Uncertainty has significant negative impact on Earnings Response Coefficient. Therefore, the research results indicate that Environmental uncertainty, by creating serious restrictions for the company and Makes information asymmetry between management and stakeholders more acute it Earnings persistence reduced.

References:

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