Investigate the relationship between inflation rateexchange rate and bank interest rates with earnings transparency (Companies listed on Tehran Stock Exchange)
Subject Areas : Bi-quarterly Journal of development economics and planning
1 - Member of faculty- accounting and management group, Bardsan unit, Islamic Azad University, Bardsen, Iran
Keywords: exchange rate, inflation, Interest Rate, earnings transparency,
Abstract :
Low transparency and poor quality of financial information provides decision-making conditions difficult for investors and makes them ambiguous conditions. Full disclosure, timely and high quality financial information, this information will lead to greater transparency, reduces information asymmetry. The aim of this study was to investigate the relationship between inflation, exchange rate and interest rate one-year investment with the transparency of corporate profits. In this research to determine earnings transparency of the model Barth et al (2008) have been used. Hypothesis-testing research, using financial data of 121 companies listed in Tehran Stock Exchange during the years 2009 to 2014 has taken place.The findings show that between inflation, exchange rate and interest rate one-year investment with accounting transparency there is a significant relationship.
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