Abstract:
One of the goals of financial reporting is to provide the useful information in
order to facilitate the decision making. Accounting information system is of high
importance for the users to make specific decisions. The information should be
analyzed to present the valuable information to the investors so that in this paper,
the relative content and return additive with cash recovery have been addressed in
the corporates of Tehran Stock Exchange. This research population includes the
accepted corporates by Tehran Stock Exchange during a five year period
(2010-2014). Finally, considering the research limitations and using the
systematic deletion method, the information related to 109 corporates has been
gathered and with respect to the defined goals, this research is regarded as an
applied one. In terms of the research design, it is an event one because of
background data and its deduction method is an induction and correlation one.
Current study involves a primary hypothesis and six secondary hypotheses; here, a
linear regression method has been used to examine the hypotheses. In order to
analyze the data and test the research hypotheses, the software Eviews has been
utilized
Machine summary:
Current research investigates the relative information content, the sale returns rate additive as a criterion based on earnings and the estimated internal return rate as a criterion based on the cash flow recovery in order to explain the economic performance of small and large corporates, low and high risk ones and low and high return ones.
Said and Hasseb Alnaby have studied the relative information content and performance criterion additive based on the cash flow recovery as well as the estimated internal return rate as compared to the performance criterion based on the earnings, and assets return while explaining the economic performance of corporates accepted by New York Stock Exchange.
Analysis of H1 Hypotheses 2-Return-based performance evaluation criterion has more information content as com- pared to the cash flow recovery-based one in small corporates.
Analysis of H2 Hypotheses 3- Return-based performance evaluation criterion has more information content as com- pared to the cash flow recovery-based one in large corporates.
Analysis of H3 Hypotheses 4- Return-based performance evaluation criterion has more information content as com- pared to the cash flow recovery-based one in high risk corporates.
Analysis of H4 Hypotheses 5- Return-based performance evaluation criterion has more information content as com- pared to the cash flow recovery-based one in low risk corporates.
[15] KhodaparastShirazi, J, Talebnia, Q, Mosalanejad, T, Relative and Additive Information Contents of Return as Compared to Cash Recovery Rate for Corporate Performance Evaluation, Financial Accounting Research Journal,2012, 14(1), P.