Abstract: The main objective of the current study is to examine the effect of audit report on cash-flow investment sensitivity of 123 listed companies in Tehran Stock Exchange (TSE) during 2006-2010. Regression analysis and synthetic data were used for data analysis. The results showed that receiving modified report has a significant negative effect on cash flow-investment sensitivity. The findings also suggest the significant effect of receiving qualified report and unqualified report with explanatory paragraphs on cash flow-investment sensitivity.Keywords: auditing, auditor report, cash flow-investment sensitivity, IranPublished in DKUM: 04.12.2017; Views: 1220; Downloads: 167 Full text (192,76 KB)This document has many files! More...
