The present study tested the effects of product market competition on Accounting Conservatism: Evidence are from Stock Market of Tehran. The main objective of this study was to examine the effects of competition in the product market on accounting conservatism. The Period of the study is 10 years (2004-2013). Competition in the product market considers as an independent variable to calculate the Herfindal Herishman index. The dependent variable of this study is accounting conservatism by using Gioli and Hine (2000) model. The control variables are firm size, financial leverage, and SD current standard and asymmetric information. In this study, a sample of 122 companies was selected (1220 years), respectively. Regression model was used to test the hypotheses. To test his hypothesis, the Eviews software is also used. The results of the hypothesis test have positive and significant effect on competition in the product market accounting conservatism. In other words, with increasing competition in the product market accounting conservatism also increases. The result is a strategic argument that suggests a positive relationship between product market competition and conservative accounting is consistent and aligned.
کلید واژگان :Company Size, Product Market Competition, Information Asymmetry, Accounting Conservatism
ارزش ریالی : 600000 ریال
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