The Investigation of Corporate Governance Characteristics on Management Earnings Forecast Quality in Tehran Stock Exchange

Subject Areas : Management Accounting

غلامحسین  مهدوی ¹ (ندارد)
سید مجتبی  حسینی ² (ندارد)
زهره  رئیسی ³ (ندارد)

Received: 2012-08-05 Accepted : 2012-12-15 Published : 2013-06-10

Keywords: Corporate Governance, Management Earnings Forecast Q, Management Earnings Forecast A, management Earnings Forecast B,

Abstract :

The importance of earning forecast and its impact on economic decisions ofinvestors in the stock market is widely known. There are many researches about thequality of management earnings forecast to identify the factors that have effects on it.So this study examines whether corporate governance attributes have an effect on thequality of management earnings forecast. The measures of corporate governance areboard attributes, institutional shareholders and auditing committee. Managementearnings forecast quality is then measured by management earnings forecast accuracyand bias. We used data of 100 companies for the period of 1384-1388 in Tehran stockexchange. The results show that corporate governance variables in Iran have no effecton the quality of management earnings forecast.

References:

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