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Effect of Institutional Ownership Structure on Conditional Conservatism and Foreign Financial supplement Reports on the Listed Companies in Tehran Stock Exchange

Ali Amiri^1*, Eshrat Nezampour² and Hossein Mahmudi³

1-      Department of Accounting, Bandar Abbas Branch, Islamic Azad University, Bandar Abbas, Iran

2-      Department of Accounting, Jask Branch Islamic Azad University, Jask, Iran

3-      MA student of accounting, Islamic Azad University, Bastak branch

         *Corresponding author

Abstract

This research aims on studying the effect of institutional ownership structure and foreign financial supplement reports of companies. This research was librarian and causal-analytical and based on panel data. In this research, financial data of 102 listed companies in Tehran Stock Exchange was studied in 2010-2015 (612 companies-year). Research results about the confirmation of the first hypothesis showed that the institutional ownership structure influences on the conditional conservatism. Moreover, it was concluded by confirmation of the second hypothesis that institutional ownership structure influences on foreign financial supplement reports of companies. Finally, based on analysis, it was concluded about the third hypothesis that institutional ownership structure influences on the resulted conditional conservatism on capital fluctuations.

Keywords: institutional ownership structure, conditional conservatism, foreign financial supplement reports, resulted conditional conservatism by publishing foreign financial supplement reports, resulted conditional conservatism by informational asymmetry, resulted conditional conservatism by fluctuations