Ali Nejad Saroukolaei, M; & Taheri Abad, R. (2018). The relationship between stock price synchronicity and stock price crash risk in the Tehran Stock Exchange. Securities Financial Analysis Journal (Financial Studies), 11(40), 1-11. (In Persian).
Almeida, H; Campello, M; & Weisbach, M. S. (2004). The cash flow sensitivity of cash. The journal of finance, 59(4), 1777-1804.
An, H; & Zhang, T. (2013). Stock price synchronicity, crash risk, and institutional investors. Journal of Corporate Finance, 21, 1-15.
Arellano, C; Bai, Y; & Zhang, J. (2012). Firm dynamics and financial development. Journal of Monetary Economics, 59(6), 533-549.
Baik, B. O. K; Farber, D. B; & Lee, S. A. M. (2011). CEO ability and management earnings forecasts. Contemporary accounting research, 28(5), 1645-1668.
Baik, B; Brockman, P. A; Farber, D. B; & Lee, S. (2018). Managerial ability and the quality of firms’ information environment. Journal of Accounting, Auditing & Finance, 33(4), 506-527.
Barber, B. M; & Odean, T. (2008). All that glitters: The effect of attention and news on the buying behavior of individual and institutional investors. The review of financial studies, 21(2), 785-818.
Ben-Nasr, H; & Cosset, J. C. (2014). State ownership, political institutions, and stock price informativeness: Evidence from privatization. Journal of Corporate Finance, 29, 179-199.
Bharath, S. T; Jayaraman, S; & Nagar, V. (2013). Exit as governance: An empirical analysis. The Journal of Finance, 68(6), 2515-2547.
Bonsall IV, S. B; Holzman, E. R; & Miller, B. P. (2017). Managerial ability and credit risk assessment. Management Science, 63(5), 1425-1449.
Boone, A. L; & White, J. T. (2015). The effect of institutional ownership on firm transparency and information production. Journal of Financial Economics, 117(3), 508-533.
Boubaker, S; Mansali, H; & Rjiba, H. (2014). Large controlling shareholders and stock price synchronicity. Journal of Banking & Finance, 40, 80-96.
Brockman, P; & Yan, X. S. (2009). Block ownership and firm-specific information. Journal of Banking & Finance, 33(2), 308-316.
Chan, K; & Hameed, A. (2006). Stock price synchronicity and analyst coverage in emerging markets. Journal of Financial Economics, 80(1), 115-147.
Chang, Y. Y; Dasgupta, S; & Hilary, G. (2010). CEO ability, pay, and firm performance. Management Science, 56(10), 1633-1652.
Cornaggia, K. J; Krishnan, G. V; & Wang, C. (2017). Managerial ability and credit ratings. Contemporary Accounting Research, 34(4), 2094-2122.
Crawford, S. S; Roulstone, D. T; & So, E. C. (2012). Analyst initiations of coverage and stock return synchronicity. The Accounting Review, 87(5), 1527-1553.
Cui, H; Chen, C; Zhang, Y; & Zhu, X. (2019). Managerial ability and stock price crash risk. Asia-Pacific Journal of Accounting & Economics, 26(5), 532-554.
Dadashi, I; Yahyazadehfar, M; & Shami, A. (2018). The effect of managerial optimism on stock price synchronicity in companies listed on the Tehran Stock Exchange. Advances in Accounting, 01(2), 291-761. (In Persian).
Daiayi, M; & Gohari, E. (2020). The ability of management and fraudulent financial reporting considering the moderating role of government-affiliated companies and auditor class. Journal of Securities Exchange, 13(51), 162-189. (In Persian).
Dasgupta, S; Gan, J; & Gao, N. (2010). Transparency, price informativeness, and stock return synchronicity: Theory and evidence. Journal of Financial and Quantitative analysis, 45(5), 1189-1220.
Dastgir, M; Sakiayani, A; & Salehi, N. (2019). The impact of financial constraints on stock crash risk considering the effect of accruals. Accounting Knowledge, 10(1), 67-90. (In Persian).
Demerjian, P. R; Lev, B; Lewis, M. F; & McVay, S. E. (2013). Managerial ability and earnings quality. The accounting review, 88(2), 463-498.
Demerjian, P; Lev, B; & McVay, S. (2012). Quantifying managerial ability: A new measure and validity tests. Management science, 58(7), 1229-1248.
Dethier, J. J; Hirn, M; & Straub, S. (2011). Explaining enterprise performance in developing countries with business climate survey data. The World Bank Research Observer, 26(2), 258-309.
Durnev, A; Morck, R; Yeung, B; & Zarowin, P. (2003). Does greater firm‐specific return variation mean more or less informed stock pricing?. Journal of Accounting research, 41(5), 797-836.
Dyreng, S. D; Hanlon, M; & Maydew, E. L. (2010). The effects of executives on corporate tax avoidance. The accounting review, 85(4), 1163-1189.
Edmans, A; & Manso, G. (2011). Governance through trading and intervention: A theory of multiple blockholders. The Review of Financial Studies, 24(7), 2395-2428.
Eugster, F; & Wanger, A. F. (2013). Voluntary disclosure quality, operating performance, and stock market valuations. Swiss Finance Institute Research Paper No. 11, 25.
Eun, C. S; Wang, L; & Xiao, S. C. (2015). Culture and R2. Journal of Financial Economics, 115(2), 283-303.
Fazlzadeh, A; Pakrad, M; & Solmani Beshk, M. R. (2019). The impact of disclosure quality and financial reporting on stock price synchronicity in the Tehran Stock Exchange. Journal of Securities Exchange, 11(44), 114-140. (In Persian).
Feng, X; Hu, N; & Johansson, A. C. (2016). Ownership, analyst coverage, and stock synchronicity in China. International Review of Financial Analysis, 45, 79-96.
Fernandes, N; & Ferreira, M. A. (2008). Does international cross-listing improve the information environment. Journal of Financial Economics, 88(2), 216-244.
Fernandes, N; & Ferreira, M. A. (2009). Insider trading laws and stock price informativeness. The Review of Financial Studies, 22(5), 1845-1887.
Foroughi, D; & Sakiayani, A. (2018). The effect of managerial ability on stock price crash risk. Financial Accounting and Auditing Research, 10(40), 47-68. (In Persian).
Fu, J; Chen, X; Liu, Y; & Chen, R. (2022). Managerial ability and stock price synchronicity. Research in International Business and Finance, 60, 101606.
Galindo, A; Schiantarelli, F; & Weiss, A. (2007). Does financial liberalization improve the allocation of investment?: Micro-evidence from developing countries. Journal of development Economics, 83(2), 562-587.
Gallagher, D. R; Gardner, P. A; & Swan, P. L. (2013). Governance through trading: Institutional swing trades and subsequent firm performance. Journal of Financial and Quantitative Analysis, 48(2), 427-458.
Gan, X; & Hu, P. (2023). Managerial ability and stock price synchronicity. Finance Research Letters, 56, 104124.
García-Meca, E; & García-Sánchez, I. M. (2018). Does managerial ability influence the quality of financial reporting?. European Management Journal, 36(4), 544-557.
García‐Sánchez, I. M; & García‐Meca, E. (2018). Do talented managers invest more efficiently? The moderating role of corporate governance mechanisms. Corporate Governance: An International Review, 26(4), 238-254.
García‐Sánchez, I. M; & Martínez‐Ferrero, J. (2019). Chief executive officer ability, corporate social responsibility, and financial performance: The moderating role of the environment. Business Strategy and the Environment, 28(4), 542-555.
Ghodrati Zavarom, A; & Nourouzi, M. (2023). The impact of managerial ability and executive bonuses on the value of small and medium-sized enterprises. Auditing Knowledge, 23(93), 476-495. (In Persian).
Goodell, J. W; Li, M; & Liu, D. (2021). Price informativeness and state-owned enterprises: Considering their heterogeneity. International Review of Financial Analysis, 76, 101783.
Gul, F. A; Kim, J. B; & Qiu, A. A. (2010). Ownership concentration, foreign shareholding, audit quality, and stock price synchronicity: Evidence from China. Journal of financial economics, 95(3), 425-442.
Hadani, M; Goranova, M; & Khan, R. (2011). Institutional investors, shareholder activism, and earnings management. Journal of business research, 64(12), 1352-1360.
Haider, I; Singh, H; & Sultana, N. (2021). Managerial ability and accounting conservatism. Journal of Contemporary Accounting & Economics, 17(1), 100242.
Hasan, I; Song, L; & Wachtel, P. (2014). Institutional development and stock price synchronicity: Evidence from China. Journal of Comparative Economics, 42(1), 92-108.
Hasani al-Qar, M; & Barzideh, F. (2020). Examining the impact of financial reporting quality on the relationship between management ability and future stock price crash risk. Accounting and Auditing Research, 12(48), 45-60. (In Persian).
Hemmatfar, M. (2021). Examining the relationship between managerial ability, political connections, and fraudulent financial reporting. Accounting and Auditing Research, 13(50), 23-42. (In Persian).
Huang, X. S; & Sun, L. (2017). Managerial ability and real earnings management. Advances in accounting, 39, 91-104.
Hutton, A. P; Marcus, A. J; & Tehranian, H. (2009). Opaque financial reports, R2, and crash risk. Journal of financial Economics, 94(1), 67-86.
Inaba, K. I. (2020). Information-driven stock return comovements across countries. Research in International Business and Finance, 51, 101093.
Jiang, F; & Kim, K. A. (2015). Corporate governance in China: A modern perspective. Journal of Corporate Finance, 32, 190-216.
Jin, L; & Myers, S. C. (2006). R2 around the world: New theory and new tests. Journal of financial Economics, 79(2), 257-292.
Jiraporn, P; Jiraporn, N; Boeprasert, A; & Chang, K. (2014). Does corporate social responsibility (CSR) improve credit ratings? Evidence from geographic identification. Financial Management, 43(3), 505-531.
Kao, M. F; Jian, C. H; & Tseng, C. H. (2024). Managerial ability and voluntary ESG disclosure and assurance: evidence from Taiwan. Sustainability Accounting, Management and Policy Journal, 15(1), 207-231.
Kaplan, S. N; & Zingales, L. (1997). Do investment-cash flow sensitivities provide useful measures of financing constraints?. The quarterly journal of economics, 112(1), 169-215.
Kashani Pour, M; Rasakhi, S; Naghi Nejad, B; & Rasaian, A. (2010). Financial constraints and investment sensitivity to cash flows in the Tehran Stock Exchange. Advances in Accounting (Social and Human Sciences of Shiraz), 2(2), 51-74. (In Persian).
Khajavi, S; & Ghadirian-Arani, M. (2017). The role of managerial ability in predicting financial crises. Financial Accounting Research Journal, 9(4), 83-102. (In Persian).
Khajavi, S; Vaisihasar, T; & Ghoori Moghadam, A. (2022). The impact of managerial ability on conservatism with an emphasis on company size and financial leverage. Accounting and Auditing Reviews, 29(4), 628-649. (In Persian).
Khurana, I. K; Moser, W. J; & Raman, K. K. (2018). Tax avoidance, managerial ability, and investment efficiency. Abacus, 54(4), 547-575.
Kim, J. B; Zhang, H; Li, L; & Tian, G. (2014). Press freedom, externally-generated transparency, and stock price informativeness: International evidence. Journal of Banking & Finance, 46, 299-310.
Kim, R. (2022). Do more able managers provide better non‐GAAP earnings?. Accounting & Finance.
Koester, A; Shevlin, T; & Wangerin, D. (2017). The role of managerial ability in corporate tax avoidance. Management Science, 63(10), 3285-3310.
Kot, H. W; & Tam, L. H. (2016). Are stock price more informative after dual-listing in emerging markets? Evidence from Hong Kong-listed Chinese companies. Pacific-Basin Finance Journal, 36, 31-45.
Lee, C. C; Wang, C. W; Chiu, W. C; & Tien, T. S. (2018). Managerial ability and corporate investment opportunity. International Review of Financial Analysis, 57, 65-76.
Lerskullawat, A. (2019). Financial development, financial constraint, and firm investment: Evidence from Thailand. Kasetsart Journal of Social Sciences, 40(1), 55-66.
Li, S; Brockman, P; & Zurbruegg, R. (2015). Cross-listing, firm-specific information, and corporate governance: Evidence from Chinese A-shares and H-shares. Journal of Corporate Finance, 32, 347-362.
Liao, C. H. (2011). The effect of stock-based incentives and governance mechanisms on voluntary disclosure of intangibles. Advances in Accounting, 27(2), 294-307.
Milgrom, P. R. (1981). Good news and bad news: Representation theorems and applications. The Bell Journal of Economics, 380-391.
Moghadam, A; & Habibi, F. (2024). The impact of auditor tenure, audit firm size, and earnings quality on stock price synchronicity. Accounting and Auditing Research, 16(61), 25-44. (In Persian).
Morck, R; Yeung, B; & Yu, W. (2000). The information content of stock markets: why do emerging markets have synchronous stock price movements?. Journal of financial economics, 58(1-2), 215-260.
Nagar, V; Nanda, D; & Wysocki, P. (2003). Discretionary disclosure and stock-based incentives. Journal of accounting and economics, 34(1-3), 283-309.
Neifar, S; & Ajili, H. (2019). CEO characteristics, accounting opacity and stock price synchronicity: Empirical evidence from German listed firms. Journal of Corporate Accounting & Finance, 30(2), 29-43.
Piotroski, J. D; & Roulstone, D. T. (2004). The influence of analysts, institutional investors, and insiders on the incorporation of market, industry, and firm‐specific information into stock prices. The accounting review, 79(4), 1119-1151.
Piotroski, J. D; Wong, T. J; & Zhang, T. (2015). Political incentives to suppress negative information: Evidence from Chinese listed firms. Journal of Accounting Research, 53(2), 405-459.
Rahrooy Dashtjerdi, A. (2021). The impact of information disclosure volume on stock pricing efficiency. Empirical Studies in Financial Accounting, 18(70), 79-112. (In Persian).
Shah-Nazari, I; & Zeraatgari, R. (2020). The effect of financial constraints on the performance of companies listed on the Tehran Stock Exchange. Management and Accounting Studies, 6(1), 156-165. (In Persian).
Shahriari, A; & Fadai, M. (2020). The impact of managerial ability on stock price crash risk considering the role of CEO tenure and product market competition. Scientific Journal of Innovative Management and Accounting Approaches, 4(15), 16-36. (In Persian).
Shleifer, A; & Vishny, R. W. (1986). Large shareholders and corporate control. Journal of political economy, 94(3, Part 1), 461-488.
Shleifer, A; & Vishny, R. W. (1997). A survey of corporate governance. The journal of finance, 52(2), 737-783.
Silva, F; & Carreira, C. (2012). Measuring firms financial constraints: a rough guide. Notas Económicas, (36).
Sun, L. (2016). Managerial ability and goodwill impairment. Advances in accounting, 32, 42-51.
Taheri Abad, R; Ali Nejad Saroukolaei, M; & Faghani Makrani, K. (2018). Managerial ability, financial knowledge of CEOs, and financial reporting transparency. Financial Accounting Knowledge, 5(2), 85-110. (In Persian).
Talaneh, A; & Hijrankosh Rad, H. (2011). Examination of the Tehran Stock Exchange efficiency in weak and semi-strong levels. Accounting and Auditing Research, 3(12), 5-12. (In Persian).
Tian, E. (2014). Voluntary disclosures and the stock price synchronicity-evidence from New Zealand (Doctoral dissertation, Auckland University of Technology).
Verrecchia, R. E. (1983). Discretionary disclosure. Journal of accounting and economics, 5, 179-194.
Vo, X. V. (2017). Do foreign investors improve stock price informativeness in emerging equity markets? Evidence from Vietnam. Research in International Business and Finance, 42, 986-991.
Xu, N; Chan, K. C; Jiang, X; & Yi, Z. (2013). Do star analysts know more firm-specific information? Evidence from China. Journal of Banking & Finance, 37(1), 89-102.
Yaghoubi Nejad, A; & Shirazi, M. (2008). Evaluating the informational efficiency trend of the Iranian capital market regarding investor reactions to financial statement information. Securities Financial Knowledge, 2(2), 45-70. (In Persian).
Zagers-Mamedova, I. (2009). The effect of leverage increases on real earnings management.
Zhou, M; Lin, J; & An, Y. (2017). Star analysts, overreaction, and synchronicity: Evidence from China and the United States. Financial Management, 46(3), 797-832.