Explaining the accounting disclosure index of stock exchanges by foreign exchange market activity |
Abstract:
In this article, researcher-created accounting disclosure index of 23 stock exchanges for the year 1992 and its relationship with variables including foreign exchange turnover, economic and financial indicators were investigated. The accounting disclosure index of global stock exchanges crafted by Adhikari and Tondkar was regressed on foreign market turnover which was utilized as a proxy for foreign exchange market activity. The OLS results supported that along with the activity of foreign exchange market; GNI per capita, market capitalization, energy and electric consumption, number of listed companies were significantly related with the accounting disclosure index. The foreign market turnover was found to be positively influencing the accounting disclosure index. The models explained about 73% of the variation in the index with an F-ratio of indicating the overall significance of the model. |
| Keywords: |
Explaining ,accounting, disclosure,stock, exchanges,foreign exchange, market activity |
| Author(s): |
Aziz Bakay a,⁎, Murad Moqbel b,1 |
| Source: |
Advances in Accounting, incorporating Advances in International Accounting 28 (2012) 293–297 |
| Subject: |
حسابداری و حسابرسی |
| Category: |
مقاله مجله |
| Release Date: |
2012 |
| No of Pages: |
5 |
| Price(Tomans): |
0 |
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بر اساس شرایط و ضوابط ارسال مقاله در سایت مدیر، این مطلب توسط یکی از نویسندگان ارسال گردیده است. در صورت مشاهده هرگونه تخلف، با تکمیل فرم گزارش تخلف حقوق مؤلفین مراتب را جهت پیگیری اطلاع دهید.
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