Abstract:
The purpose of this study was to investigate the relationship between stock
futures fall risk with non-transparent financial reporting at three levels of size,
efficiency and return on equity, in the period 2010 to 2014 was in Tehran Stock
Exchange. The population of the study are all companies listed in Tehran Stock
Exchange. Data collected and calculated by using Excel software Eviews 7 been
analysed and the conclusion was That the risk of future falls in the stock of nontransparent
financial reporting for companies with low return on equity With high
efficiency, equity, and efficiency in the large companies, there is a significant
relationship
Machine summary:
Data collected and calculated by using Excel software Eviews 7 been analysed and the conclusion was That the risk of future falls in the stock of non- transparent financial reporting for companies with low return on equity With high efficiency, equity, and efficiency in the large companies, there is a significant relationship 1 Introduction One of the healthy competitions is the access of all market participating to clear information.
-Moderators variables 1) Size of company (SIZE) We will use the following model for measuring the size of companies [8] SIZE = In (TA) TA: Total assets 2) Return On Assets (ROA): We will use the following formula for measuring the assets' return [8] (View the image of this page) NI SHE NI: Net Income SHE: Stock Holder Equity 4 Results of the Research 1) The first Hypothesis's test It is expecting from this Hypothesis that there is a meaningful relation between the risk of future fall- ing stock and non-transparency financial reporting in big companies.
The results of estimation show that t variable's statistics of non-transparency financial reporting in big companies and the risk of future falling stock in less than 5%: Also the above relation based on the statistics in meaningful.
Table 4: The results of estimated model 1 for the fourth Hypothesis (View the image of this page) It means that there is not a meaning relation between the risk of future falling stock and non- transparency financial reporting in the companies with Low return on assets.