The effects of disclosure of non-financial performance indicators and audit report on stock price estimate in Iran
This study examines the effect of disclosure of non-financial performance indicators including the generation of an audit report about this information, on institutional investors’ stock price estimates in Iran. In this study, the experimental design included two factors each used in two levels (2...
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| Format: | Thesis |
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2013
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| Summary: | This study examines the effect of disclosure of non-financial performance indicators including the generation of an audit report about this information, on institutional investors’ stock price estimates in Iran. In this study, the experimental design included two factors each used in two levels (2 x 2 +1). Variables were manipulated including disclosure of non-financial performance indicators in the two levels (positive and negative) and audit report on this type of information in two levels (providing or not providing audit) + control group. Participants were asked based on provided information in order to estimate whether the stock price will increase or will decrease for next year. A self-administrated questionnaire was conducted on 150 people of institutional investors’ financial director. The sampling method employed was stratified random sampling. Data were analysed using the independent sample t-test, anova analysis. |
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