Title : ( The effect of qualified audit report on share prices and returns: Evidence of Iran )
Authors: Mahdi Moradi , Mahdi Salehi , , Mohsen Moeinizadeh ,
دانلود فایل برای اعضای دانشگاهAccess to full-text not allowed by authors
Abstract
Audit report is the consequence of auditing process and it is a major instrument of communication between auditor and financial statements user. This study attempts to examine the correlation between qualified audit report and share prices and returns in order to test information content of qualified audit report. A market-based study conducted on the qualified audit reports of the shareholding companies in Iran during the period 2005 to 2009. The result of the survey indicated that qualified audit opinion has no significant effect on share prices and returns. In other word, there is no information content in qualified audit opinion in Iran. This conclusion may suggest that the audit report’s users’ do not understand its meaning or appreciate its value.
Keywords
, Key words: Qualified auditors opinions, Information content, shares prices and returns, share prices, and Tehran stock exchange.
@article{paperid:1022812,
author = {Moradi, Mahdi and Mahdi Salehi and , and Moeinizadeh, Mohsen},
title = {The effect of qualified audit report on share prices and returns: Evidence of Iran},
journal = {African Journal of Business Management},
year = {2011},
volume = {5},
number = {8},
month = {March},
issn = {1993-8233},
pages = {3354--3360},
numpages = {6},
keywords = {Key words: Qualified auditors opinions; Information content; shares prices and returns; share prices; and
Tehran stock exchange.},
}
%0 Journal Article
%T The effect of qualified audit report on share prices and returns: Evidence of Iran
%A Moradi, Mahdi
%A Mahdi Salehi
%A ,
%A Moeinizadeh, Mohsen
%J African Journal of Business Management
%@ 1993-8233
%D 2011
