The Relationship between Components of Accruals Quality with of Price Synchronicity
Quarterly Journal of Securities Exchange

Quarterly Journal of Securities Exchange

The Relationship between Components of Accruals Quality with of Price Synchronicity

Authors
Abstract
With the importance of the accounting income in investors' in this study examines the relation between components of accruals quality) and price synchronicity (a measure of the relative amount of firm-specific information reflected in price) in accepted companies of Tehran stock market has been taken into consideration. The purpose and objective of this research is to determine whether the components of accruals quality has any important and significant effect on the price synchronicity of companies. In this study The components of accruals quality as independent variable and price synchronicity as dependant variable have been considered. Price synchronicity is defined as "the extent to which market and industry returns explain variation in firm-level stock returns". In order to do the studies, 318 listed Tehran stock exchange companies during the 1383-1388 period were chosen.
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