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Page 1: jfm. DOI Email:shkajavi@rose.shirazu.ac.ir Email:Rezaac

H

DOI/jfm.

Email:[email protected]

Email:Rezaac. @yahoo.com

Email:mortezabagheri @gmail.com

Page 2: jfm. DOI Email:shkajavi@rose.shirazu.ac.ir Email:Rezaac

. Chen et al.

. Hutton et al. . Garg et al.

Page 3: jfm. DOI Email:shkajavi@rose.shirazu.ac.ir Email:Rezaac

. Honlon et al. . Heitzman . Gaertner . Enron . WorldCom . McGill

. Outslay

Page 4: jfm. DOI Email:shkajavi@rose.shirazu.ac.ir Email:Rezaac

. Francis et al.

Page 5: jfm. DOI Email:shkajavi@rose.shirazu.ac.ir Email:Rezaac

Excelspss

Eviews

Page 6: jfm. DOI Email:shkajavi@rose.shirazu.ac.ir Email:Rezaac
Page 7: jfm. DOI Email:shkajavi@rose.shirazu.ac.ir Email:Rezaac

Crashit (TAit- (Sizeit- (Levit- (MBit- (ROAit- it

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(MBit- (ROAit- it

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Page 8: jfm. DOI Email:shkajavi@rose.shirazu.ac.ir Email:Rezaac

ETRGAAP =

ETRGAAP

TAX EXPENSE

OPERATING INCOME

. Gupta

. Newberry . Zimmerman . Limpaphayom

Page 9: jfm. DOI Email:shkajavi@rose.shirazu.ac.ir Email:Rezaac

Wj,t = Ln ( j,t)

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rj,t j ,j rm,t- ,j rm,t- ,j rm,t ,j rm,t+ ,j rm,t+ j,t

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. Bradshawe et al.

. Callen

. Fang

. Andreou et al.

. Hong

. Stein

Page 10: jfm. DOI Email:shkajavi@rose.shirazu.ac.ir Email:Rezaac

-= j,t NCSKEW

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Page 11: jfm. DOI Email:shkajavi@rose.shirazu.ac.ir Email:Rezaac

Log -= j,t DUVOL

t

. Data Envelopment Analysis

Page 12: jfm. DOI Email:shkajavi@rose.shirazu.ac.ir Email:Rezaac

Firm Efficiency = (Ln(Total Assets)) + (Market Share) + (Positive

Free Cash Flow) + (Ln(Age)) + (Year Indicators) +

Total AssetsMarket Share

Positive Free Cash FlowAge

Year Indicators

Page 13: jfm. DOI Email:shkajavi@rose.shirazu.ac.ir Email:Rezaac
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Page 15: jfm. DOI Email:shkajavi@rose.shirazu.ac.ir Email:Rezaac
Page 16: jfm. DOI Email:shkajavi@rose.shirazu.ac.ir Email:Rezaac

F

Page 17: jfm. DOI Email:shkajavi@rose.shirazu.ac.ir Email:Rezaac

t t t

RadjR

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F

Page 18: jfm. DOI Email:shkajavi@rose.shirazu.ac.ir Email:Rezaac

t t t

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Page 22: jfm. DOI Email:shkajavi@rose.shirazu.ac.ir Email:Rezaac

Andreou, P.C. Antoniou, C. Horton, J. and C. Louca ( ). Corporate

Governance and Stock Price Crashes. Available At URL: Http://Www.Ssrn.Com.

Andreou, P.C. Antoniou, C. Horton, J. and C. Louca ( ). Corporate

Governance and Firm-Specific Stock Price Crashes. Available At URL: Http://Www.Ssrn.Com.

Baik, B. Choi, S. Farber, D.B. and J. Zhang ( ). Managerial Ability and

Earnings Quality: An International Analysis. Available at http://www.kaaedu.or.kr /func

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/download.php?path=L hvbWUvdmlydHVhbC rYWEvaHRkb NzL Vw

bG hZC yZXBvcnQvMi gU VuaHdhIENob kucGRm&filename=Mi g

U VuaHdhIENob kucGRm

Bradshaw, M.T. Hutton, A.P. Marcus, A.J. and H. Tehranian ( ).

Opacity, Crashes, and the Option Smirk Curve. SSRN e-library. Callen, J.L. and X. Fang ( ). Institutional Investors and Crash Risk:

Monitoring or Expropriation? Available At URL: Http://Www.Ssrn.Com. Chen, J. Hong, H. and J. Stein ( ). Forecasting Crashes: Trading

Volume, Past Returns, and Conditional Skewness in Stock Prices. Journal of Financial Economics, Vol. , pp. .

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financial reporting on the future stock price crash risk of listed companies

in Tehran Stock Exchange. Vol. , pp. - . (in Persian)

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Less Tax Aggressive? Evidence from Tax Aggressiveness. Journal of the

American Taxation Association, Vol. , No. , pp. - .

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Corporate Tax Avoidance. Contemporary Accounting Research, Vol. ,

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roceedings&action=proceedings.php&a=Accept A+Discussant.

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Hutton, A.P. Marcus, A.J. and H. Tehranian ( ). Opaque financial

reports, R , and crash risk. Journal of Financial Economics, Vol. , pp.

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