Investigating the Impact of Conditional and Unconditional Accounting Conservatism on Distress Risk of the Companies listed in Tehran Stock Exchange

Chief Editor, Chief Editor; Farmanbordar, Maryam

Investigating the Impact of Conditional and Unconditional Accounting Conservatism on Distress Risk of the Companies listed in Tehran Stock Exchange

Authors

chief editor chief editor

Maryam Farmanbordar

Abstract

Disclosure and forecast management of earning is one of the most important sources of information for the stakeholders. In recent years, managers for a number of reasons, including obtaining legitimate organization and pressure of stakeholder groups take actions to disclosure social information of organization. The purpose of this study is investigation the relationship between the level of corporate social responsibility disclosure and absolute value of EPS error. Studied companies are selected from the chemical industries, petroleum and cement products, listed in Tehran Stock Exchange for the financial period between 2001-2012. In measuring the level of corporate social responsibility disclosure, we used the content analysis of board annual reports of companies. The results showed that there is a significant inverse relationship between the levels of corporate social responsibility disclosure with absolute of EPS error. Also, there is a significant inverse relationship between the level of environmental and social performance disclosure with absolute value of EPS error.

Keywords

Corporate Social Responsibility

EPS

EPS Error.