نویسندگان
چکیده
کلیدواژهها
عنوان مقاله [English]
This study investigates whether and how a firm’s cost of equity capital is influenced by the extent of a firm’s real earnings management via real transaction structuring activities (REM). Thus, the major purpose of this paper is investigating and analyzing the relationship between proxies of real earnings management and cost of equity capital.
The sample data used for the research consisted of financial reporting by companies listed by Tehran Stock Exchange (TSE). We examined the data of 104 companies from 1383-1387. Using a pooled cross-sectional least squares regression of the implied cost of equity measure with our proxies for REM and other risk factors, this study documents evidence that a firm’s cost of equity increases with the intensity of REM via real transaction structuring activities.
The results showed that there is a significant relationship between proxies of real earnings management and cost of equity capital. Therefore, all hypothesis of this study were confirmed.
کلیدواژهها [English]
)