نوع مقاله : مقاله پژوهشی
نویسندگان
1 استادیار حسابداری، دانشگاه پیام نور، تهران، ایران
2 مربی گروه حسابداری، دانشگاه پیام نور، تهران، ایران.
چکیده
کلیدواژهها
موضوعات
عنوان مقاله [English]
نویسندگان [English]
The capital market is one of the main pillars of the country's economy, and companies are its constituent parts. Whenever the value of the accepted companies' shares is far from its fundamental value, incorrect pricing of the shares has occurred and the efficiency of the market will decrease. Therefore, the aim of the present study is to empirically investigate the effectiveness of the auditor's conservatism in preventing incorrect stock pricing. The statistical population of the research is the companies admitted to the Tehran Stock Exchange in the period from 2013 to 2022, and using the screening method, the number of 133 companies (1330 company-years) was selected as the final sample of the research. Is considered. To measure the auditor's conservatism, a new model has been used in the style of Chong et al. (2003). Also, the incorrect pricing of shares is also obtained from the model of Rotherskroop et al. (2005). The hypothesis of the research was evaluated using the linear regression model and using the Eviews software. The results of the research hypothesis test showed that the auditor's conservatism has the opposite effect on stock mispricing, and in fact, with the increase in auditors' conservatism, stock mispricing will decrease. Auditors have played a key role in improving the quality level of accounting information and financial statements in such a way that they can influence the direction of the capital market and its fluctuations due to the wrong pricing of stocks, so higher conservatism while protecting the image of auditors. , can bring the market share value closer to its fundamental value.
کلیدواژهها [English]
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