Evaluation of Management Earnings Forecast Error and Information Content of Accruals: Listed Companies in Tehran Stock Exchange

18 Pages Posted: 1 Aug 2012

See all articles by Mehdi Moradzadehfard

Mehdi Moradzadehfard

affiliation not provided to SSRN

Hemad Nazari

affiliation not provided to SSRN

Zahra Alipur Darvish

affiliation not provided to SSRN

Keramat Heydari

affiliation not provided to SSRN

Date Written: July 30, 2012

Abstract

Aim of this study is studying relation of management earnings forecast error and information content of accruals. Thus, the sample consists of 71 companies were selected for the period 2003-2011. In this study discretionary accruals is used as independent variables. The results suggest that there is a significant negative relationship between earnings management forecast error and the total discretionary accruals. These results indicate that other assumptions that management forecasts for financing through equity or debt generates a significant positive relationship between positive accruals and management earnings forecast error. Also, through equity or debt financing outlook, there is no significant relationship between earnings forecast error and negative accruals.

Keywords: management forecasts, earnings forecast error, discretionary accruals

JEL Classification: M41, G14

Suggested Citation

Moradzadehfard, Mehdi and Nazari, Hemad and Alipur Darvish, Zahra and Heydari, Keramat, Evaluation of Management Earnings Forecast Error and Information Content of Accruals: Listed Companies in Tehran Stock Exchange (July 30, 2012). Available at SSRN: https://ssrn.com/abstract=2120096 or http://dx.doi.org/10.2139/ssrn.2120096

Mehdi Moradzadehfard

affiliation not provided to SSRN ( email )

Hemad Nazari

affiliation not provided to SSRN ( email )

Zahra Alipur Darvish

affiliation not provided to SSRN ( email )

Keramat Heydari (Contact Author)

affiliation not provided to SSRN ( email )

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