The main purpose of the research is to explaining the effect of financial default on the anomaly in reported earnings in firms listed on the Tehran Stock Exchange. For this purpose, financial statement information of 147 firms has been collected in the period of 1390-14 More
The main purpose of the research is to explaining the effect of financial default on the anomaly in reported earnings in firms listed on the Tehran Stock Exchange. For this purpose, financial statement information of 147 firms has been collected in the period of 1390-1401. Multivariate regression with panel data was used to test the hypotheses. Adjusted Altman criterion was used for financial default. Adjusted Jones criterion and Eikel index were used for abnormality in reported earnings. The results of the test of the first hypothesis of the research show that the criterion of financial helplessness does not have a significant effect on the first criterion - adjusted Jones - abnormality in reported profits. The results of the second hypothesis test of the research show that the measure of financial helplessness has a significant effect on the second measure - Ikel index - abnormality in reported earnings.
The results of the second hypothesis test of the research show that the measure of financial helplessness has a significant effect on the second measure - Ikel index - abnormality in reported earnings.
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