The effect of political connections with the government on the relationship between ownership concentration with quality of financial reporting and the cost of equity capital

This study investigates the effect of political connections with the government on the relationship between ownership concentration with quality of financial reporting and the cost of equity capital in companies that are the member of Tehran Stock Exchange. The result of research hypotheses test bas...

Full description

Bibliographic Details
Main Authors:	Farzin Rezaei, Soraya Weysihesar2
Format:	Article
Language:	fas
Published:	University of Tehran 2014-12-01
Series:	بررسی‌های حسابداری و حسابرسی
Subjects:	cost of equity capital Multi-Criteria Decision Making ownership concentration Political connections quality of financial reporting
Online Access:	https://acctgrev.ut.ac.ir/article_52903_3de7b96f30031f395b2a86cf4eba397a.pdf

id	doaj-e6171bcf48fc4e51a15d5e3e736bad54
record_format	Article
spelling	doaj-e6171bcf48fc4e51a15d5e3e736bad542020-11-25T00:13:44Zfas University of Tehranبررسی‌های حسابداری و حسابرسی2645-80202645-80392014-12-0121444947010.22059/acctgrev.2014.5290352903The effect of political connections with the government on the relationship between ownership concentration with quality of financial reporting and the cost of equity capitalFarzin Rezaei0Soraya Weysihesar21Assistant Prof., Accounting, Islamic Azad University of Qazvin, Department of Management and Accounting, Qazvin, Iran.MSc. of Accounting, Qazvin, IranThis study investigates the effect of political connections with the government on the relationship between ownership concentration with quality of financial reporting and the cost of equity capital in companies that are the member of Tehran Stock Exchange. The result of research hypotheses test based on a statistical sample consist of 95 companies in period of 2001- 2011 showed that earnings quality in companies with concentrated ownership structure is high. On the other hand, in companies with extensive political connections and concentrated ownership structure, earnings quality is lower than other companies. Also, in companies with concentrated ownership structure, the cost of equity capital is low, but in companies with extensive political connections with government which has concentrated ownership structure, the cost of equity capital is higher.https://acctgrev.ut.ac.ir/article_52903_3de7b96f30031f395b2a86cf4eba397a.pdfcost of equity capitalMulti-Criteria Decision Makingownership concentrationPolitical connectionsquality of financial reporting
collection	DOAJ
language	fas
format	Article
sources	DOAJ
author	Farzin Rezaei Soraya Weysihesar2
spellingShingle	Farzin Rezaei Soraya Weysihesar2 The effect of political connections with the government on the relationship between ownership concentration with quality of financial reporting and the cost of equity capital بررسی‌های حسابداری و حسابرسی cost of equity capital Multi-Criteria Decision Making ownership concentration Political connections quality of financial reporting
author_facet	Farzin Rezaei Soraya Weysihesar2
author_sort	Farzin Rezaei
title	The effect of political connections with the government on the relationship between ownership concentration with quality of financial reporting and the cost of equity capital
title_short	The effect of political connections with the government on the relationship between ownership concentration with quality of financial reporting and the cost of equity capital
title_full	The effect of political connections with the government on the relationship between ownership concentration with quality of financial reporting and the cost of equity capital
title_fullStr	The effect of political connections with the government on the relationship between ownership concentration with quality of financial reporting and the cost of equity capital
title_full_unstemmed	The effect of political connections with the government on the relationship between ownership concentration with quality of financial reporting and the cost of equity capital
title_sort	effect of political connections with the government on the relationship between ownership concentration with quality of financial reporting and the cost of equity capital
publisher	University of Tehran
series	بررسی‌های حسابداری و حسابرسی
issn	2645-8020 2645-8039
publishDate	2014-12-01
description	This study investigates the effect of political connections with the government on the relationship between ownership concentration with quality of financial reporting and the cost of equity capital in companies that are the member of Tehran Stock Exchange. The result of research hypotheses test based on a statistical sample consist of 95 companies in period of 2001- 2011 showed that earnings quality in companies with concentrated ownership structure is high. On the other hand, in companies with extensive political connections and concentrated ownership structure, earnings quality is lower than other companies. Also, in companies with concentrated ownership structure, the cost of equity capital is low, but in companies with extensive political connections with government which has concentrated ownership structure, the cost of equity capital is higher.
topic	cost of equity capital Multi-Criteria Decision Making ownership concentration Political connections quality of financial reporting
url	https://acctgrev.ut.ac.ir/article_52903_3de7b96f30031f395b2a86cf4eba397a.pdf
work_keys_str_mv	AT farzinrezaei theeffectofpoliticalconnectionswiththegovernmentontherelationshipbetweenownershipconcentrationwithqualityoffinancialreportingandthecostofequitycapital AT sorayaweysihesar2 theeffectofpoliticalconnectionswiththegovernmentontherelationshipbetweenownershipconcentrationwithqualityoffinancialreportingandthecostofequitycapital AT farzinrezaei effectofpoliticalconnectionswiththegovernmentontherelationshipbetweenownershipconcentrationwithqualityoffinancialreportingandthecostofequitycapital AT sorayaweysihesar2 effectofpoliticalconnectionswiththegovernmentontherelationshipbetweenownershipconcentrationwithqualityoffinancialreportingandthecostofequitycapital
_version_	1725393290303373312

The effect of political connections with the government on the relationship between ownership concentration with quality of financial reporting and the cost of equity capital

Similar Items