Examining Financial Leverage, Profitability and Firm Life Influencing Nonfinancial Information Disclosure Quality

Reza Zare (), Hoda Kiafar (), Fatemeh Rasouli (), Leila Sadeghi () and Sadegh Behbahani ()
Additional contact information
Reza Zare: Islamic Azad University
Hoda Kiafar: Islamic Azad University
Fatemeh Rasouli: Islamic Azad University
Leila Sadeghi: Islamic Azad University Fars Science and Research Branch
Sadegh Behbahani: Islamic Azad University

Acta Universitatis Danubius. OEconomica, 2013, issue 9(6), 163-175

Abstract: Modern accounting emphasizes on nonfinancial measures as a device to compensate the financial measures’ weakness and the financial measures are recommended to be used with nonfinancial ones. This study is to examine the factors influencing the nonfinancial information disclosure quality in the firms listed in Tehran stock exchange. So the necessary information were gathered from 102 firms listed in Tehran stock exchange in 2008–2012. The regression analysis was used to test the hypotheses. A model including 50 indexes based on Iran accounting standards and other regulations concerning disclosure were used to measure nonfinancial information disclosure quality. The findings indicate firm life and profitability have positive and significant effect on nonfinancial information disclosure quality and financial leverage has negative and significant effect on it.

Keywords: nonfinancial information disclosure; financial leverage; profitability; firm life (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://journals.univ-danubius.ro/index.php/oeconomica/article/view/1962/2010 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:dug:actaec:y:2013:i:6:p:163-175

Access Statistics for this article

More articles in Acta Universitatis Danubius. OEconomica from Danubius University of Galati Contact information at EDIRC.
Bibliographic data for series maintained by Daniela Robu ().