Authors : A.K. Moghadam and N.A. Alipour
Abstract: This study examines the relationship between major financial variables and disclosure quality of listed companies in Tehran Stock Exchange. For this purpose, 112 companies were selected over the period 2009-2013. In this study, criteria such asfirm value, leverage, firm loss, size of the company and profitability were nominated as the financial factors affecting the level of corporate disclosure quality. In order to test the research hypotheses, multiple regression method was applied. According to regression fundamental postulates and Chow-Hausman test, fixed effects model was selected. The results indicate that firm value and the profitability have a positive and significant correlation with the disclosure quality which is the dependent variable of this study. Leverage and firm loss have a negative and significant correlation with corporate disclosure. However, size of the company did not show any significant relationship with corporate disclosure at 95% confidence level.
A.K. Moghadam and N.A. Alipour, 2016. The Investigation of Relationship Between the Major Financial Variables and Disclosure Quality of Listed Companies in Tehran Stock Exchange. International Business Management, 10: 2556-2563.