ارتباط ارزشی اطلاعات حسابداری در طول تغییر دولتهای دهم و یازدهم در شرکتهای پذیرفته شده در بورس اوراق بهادار تهران
محورهای موضوعی : راهبری شرکتی
عباسعلی حق پرست
1
,
بهنوش شایسته
2
,
سمیه جزینی زاده
3
,
سید دانیال اقوامی
4
,
بهروز مهرپرور
5
1 - استادیارگروه حسابداری، دانشگاه آزاد اسلامی، واحد زاهدان، زاهدان، ایران
2 - دانشجوی دکتری گروه حسابداری ، واحد زاهدان، دانشگاه آزاد اسلامی، زاهدان، ایران
3 - دانشجوی دکتری گروه حسابداری ، واحد زاهدان، دانشگاه آزاد اسلامی، زاهدان، ایران
4 - دانشجوی دکتری گروه حسابداری ، واحد زاهدان، دانشگاه آزاد اسلامی، زاهدان، ایران
5 - دانشجوی دکتری گروه حسابداری ، واحد زاهدان، دانشگاه آزاد اسلامی، زاهدان، ایران
کلید واژه: اطلاعات حسابداری, ارتباط ارزشی, دولتهای دهم و یازدهم,
چکیده مقاله :
هدف این مقاله، بررسی ارتباط ارزشی افزایشی و نسبی اطلاعات حسابداری در طول تغییر دولت های دهم و یازدهم است. برای این منظور از سه متغیر ارزش دفتری، سود هر سهم و جریان وجوه نقد عملیاتی به عنوان متغیرهای مستقل و ارزش بازار به عنوان متغیر وابسته استفاده شده است. در این پژوهش تعداد 135 شرکت پذیرفته شده در بورس اوراق بهادار تهران از سال 1388 تا سال 1395 در طول دولت دهم و یازدهم به صورت سالانه مورد بررسی قرار گرفته و از روش رگرسیون خطی و چند متغیره پنلی استفاده شد. نتایج حاصل از این تحقیق نشان داده که در طول دولت یازدهم بین ارزش بازار از یک سو و ارزش دفتری، سود هر سهم و جریان وجوه نقد عملیاتی از سوی دیگر، ارتباط مثبت و معناداری وجود دارد. لیکن در طول دولت دهم ارتباط مثبت و معنادار سود هر سهم و ارزش بازار با ورود همزمان متغیرهای مستقل در مدل رگرسیونی وجود ندارد. یافته ها نشان می دهد که ارتباط ارزشی جریان وجوه نقد عملیاتی در هر دو دوره بیش از ارزش دفتری و سود هر سهم است.
The purpose of this study was to investigate the relationship of relative and incremental value relevance of accounting information during the economic policy change of the 10th and 11th governments. For this purpose, three variables of book value, earning per share and operating cash flow were used as independent variables and market value as a dependent variable. In this research, 135 companies admitted to the Tehran Stock Exchange from 2009 to 2016 during the 10th and 11th governments were examined annually, and linear and multivariate panel regression methods were used. The results of this research showed that during the 11th government, there was a positive and significant relationship between market value on one hand and book value, earning per share and operating cash flow on the other hand, but during the 10th government, there was no positive and significant relationship between profit per share and market value with the simultaneous entry of independent variables in the regression model. The findings showed that the value relevance of the operating cash flow in both periods was more than the book value and earning per share. .
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