عنوان مقاله [English]
Several studies focused in the Tehran Stock Exchange, the relationship between audit quality or accounting information on stock market price, but; few studies paid to investigated the relation between Interaction audit quality and accounting information on stock market price of the company. so, The purpose of this paper is investigating the effect of audit quality and Values related to accounting information on stock market price. for this purpose, a sample consisting of 456 year - firm listed in the Tehran stock exchange during 2006 – 2014, with the multivariate regression analysis, were used. For empirically test the variables. The findings show, that there is a significant positive relationship between audit report with stock markt prices. but is not a significance relationship between the size of the auditor and stock markt prices. Also, The findings show a significant positive relationship between earnings per share with stock markt prices. In addition, there is a significant negative relationship between the book value per share and stock prices. In addition, there is a significant positive relationship between the auditor opinion and earnings per share with stock markt prices, but there is a significant negative relationship was found between Interaction effects the auditor opinion and book value per share and Interaction effects the size auditor and earnings per share ' with' stock markt prices. Also, is not a significance relationship between Interaction effects the size of the auditor and book value per share ' with' stock markt prices.
14. Al-Thuneibat, A., Khamees, B. & Al-Fayoumi, N. (2008). The effect of qualified auditors’ opinions on share prices: evidence from Jordan. Managerial Auditing Journal, 23, 84-101.
15. Becker, C. & Defond, M., Jiambalvo, J. & Subramanyam, K (1998). The effects of audit quality on earnings management. Contemporary Accounting Research, 15, 1–24.
16. Ball, R. & Brown, P. (1968) An Empirical Evaluation of Accounting Income Numbers. Journal of Accounting Re- search, 6, 159-178.
17. Barton, J., & Hansen, T. B. (2010). Which performance measures do investors around the world value the most - and Why. The Accounting Review, 85, 753-789.
18. Beneish, M. Billings, M. & Hodder, L. (2008). Internal control weaknesses and information uncertainty. TheAccounting Review, 83, 665–703.
19. Boone, J., Khurana, I., & Raman, K. (2010). Do the Big 4 and the Second-tier firms provide audits of similar quality? Journal of Accounting and Public Policy, 29, 330-352.
20. Cornell, B., Landsman, W., & Stubben, S., (2014). Accounting information, investor sentiment, and market pricing. Working paper.
21. DeAngelo, L. (1981). Auditor size and audit quality. Journal of Accounting and Economics, 183–199.
22. Dopuch, N., & Holthausen, R. & Leftwich, R. (1987). Predicting audit qualifications with financial and market variables. The Accounting Review, 62, 431–455.
23. Francis, J. & K. Schipper. (1999). Have Financial Statements Lost their Relevance? Journal of Accounting Research, 37, 319-352.
24. Francis, J., & Wang, D. (2008). The joint effect of investor protection and big 4 audits on earnings quality around the world. Contemporary Accounting Research 25, 157–191.
25. Gentry, R. J., & Shen, W. (2010). The Relationship between Accounting and Market Measures of Firm Financial Performance: How Strong Is It? Journal of Managerial Issues, 22, 514-530.
26. Gomez, G. (2008). The usefulness of the audit report in investment and financing decisions. Managerial Auditing Journal, 18,549-559.
27. Ittonen, K. (2012). Market reactions to qualified audit reports: research approaches. Accounting Research Journal, 25, 8-24.
28. Ittonen, K. (2010). Investor Reactions to Disclosures of Material Internal Control Weaknesses. Managerial Auditing Journal, 25, 259-268.
29. Lambert, R. & Leuz, C. & Verrecchia, R. (2007). Accounting information, disclosure, and the cost of capital.Journal of Accounting Research, (May), 31, 385–420.
30. Loudder, M. & Khurana, I. (1992). The information content of audit qualifications. A Journal of Practice and Theory, 11, 69–82.
31. Mark, A., Christopher, K. M., & Woon, K. (2009). Auditor Quality and the Role of Accounting Information in Explaining UK Stock Returns. Cardiff Economics Working Papers.
32. Menon, K., & Williams, D. (2010). Investor Reaction to Going Concern Audit Reports. The Accounting Review. 85, 2075-2105.
33. Merchant, M. A. (2006). Measuring general managers’ performances. Market, accounting and combination-of-measures systems. Accounting, Auditing & Accountability Journal, 19, 893-917.
34. Newman, D. (2005). The role of auditing in investor protection. Accounting Review, 80, 289–313.
35. Ohlson, J., (1995). Earnings, book values, and dividends in equity valuation. Contemp. Account. Res. 11 (2), 661–687.
36. Palmrose, Z. (1988). An analysis of auditor litigation and audit service quality. The Accounting Review, 63, 55–73.
37. Rani, M., (2011). The Effects of Audit Committee Characteristics on the Value Relevance of Accounting Information-Evidence from New Zealand. Master of Business dissertation.
38. Paula, A., & Francisco, A. (2016). The change of auditor: The Portuguese case. Revisit de Contabilidad – Spanish Accounting Review, 19, 181–186.
39. Pucheta, M. Vico, A. & Garcia, M. (2004). Reactions of the Spanish capital market to qualified audit reports.European Accounting Review, 13, 689–711.
40. Robu, M., & Robu. I (2015). The influence of the audit report on the relevance of accounting information reported by listed Romanian companies. Procedia Economics and Finance, 20, 562-570.
41. Schaub, M. & Highfield, M. (2003). On the information content of going concern opinions: the effects of SAS numbers 58 and 59.Journal of Asset Management, 4, 22–31.
42. Ugwunta, D. O., Ugwuanyi, B. U., & Ngwa, CH. U. (2018). Effect of audit quality on market price of firms listed on the Nigerian stock market, Journal of Accounting and Taxation, 10(6), 61-70.
43. Watkins, A. L., Hillison, W., & Morecroft, S. E. (2004). Audit quality: A synthesis of theory and empirical evidence. Journal of Accounting Literature, 23, 153-193.
44. Yang, J., & Jiang, Y. (2008). Accounting information quality, free cash flow and overinvestment: A Chinese study. Business Review, 11 (1), 159-166.
45. Zhu, B., & Niu, F. (2016). Investor sentiment, accounting information and stock price: Evidence from China. Pacific-Basin Finance Journal, 38 (3), 125-134.