Mohammad Hossein Vadiei Nowghabi, Ali Shirazd, Shaban Mohammadi, Alireza Khorshidi, The Effect of Earnings Management on Liquidity Criteria and Lack of Liquidity Stock, ILSHS Volume 63, International Letters of Social and Humanistic Sciences (Volume 63)
https://www.scipress.com/ILSHS.63.71
Abstract:
    Liquidity criteria that investors in making portfolio investments are involved. Among the factors that could affect liquidity, earnings management. Earnings management can accrual-based earnings management aspects and management of real benefit to be evaluated; Therefore, the aim of this study is to estimate the accrual-based earnings management and gain real management and its effects on liquidity of companies listed on the Stock Exchange in Tehran. The sample consisted of 78 companies for the period 2008 to 2012. We used multivariate regression model based on panel data is performed. Our results show that research hypotheses are tested between accrual-based earnings management positive and significant relationship with the lack of liquidity, and the liquidity and significant negative relationship. As well as the actual management of non-profit with a positive and significant relationship between stock liquidity, and the liquidity is insignificant and there is a negative relationship.
Keywords:
    Accrual-Based Earnings Management, Actual Management Profit, Stock Liquidity