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Quality of financial reports: Evidence from the Tunisian firms

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  • Emna Jaballah

    (Université de Sousse)

  • Wided Yousfi

    (MRM - Montpellier Research in Management - UPVM - Université Paul-Valéry - Montpellier 3 - UM2 - Université Montpellier 2 - Sciences et Techniques - UPVD - Université de Perpignan Via Domitia - UM1 - Université Montpellier 1 - Groupe Sup de Co Montpellier (GSCM) - Montpellier Business School - UM - Université de Montpellier, ISG - Institut Supérieur de Gestion de Tunis [Tunis] - Université de Tunis)

  • Mohamed Ali Zarai

    (Al-Baha University)

Abstract

This paper studies the effect of the quality of annual reports on investor's decisions in the Tunisian financial market. We measure the qualities of content and form of financial reports and their effects on investors' decisions, particularly on stock prices. We used a sample of 175 publications between 2006 and 2010. Our results provide strong evidence that the content's effect is higher than the form's effect in making decisions.

Suggested Citation

  • Emna Jaballah & Wided Yousfi & Mohamed Ali Zarai, 2014. "Quality of financial reports: Evidence from the Tunisian firms," Post-Print hal-02050841, HAL.
  • Handle: RePEc:hal:journl:hal-02050841
    Note: View the original document on HAL open archive server: https://hal.umontpellier.fr/hal-02050841
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    References listed on IDEAS

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    1. Biddle, Gary C. & Hilary, Gilles & Verdi, Rodrigo S., 2009. "How does financial reporting quality relate to investment efficiency?," Journal of Accounting and Economics, Elsevier, vol. 48(2-3), pages 112-131, December.
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    9. Millicent Chang & Gino D'Anna & Iain Watson & Marvin Wee, 2008. "Does Disclosure Quality via Investor Relations Affect Information Asymmetry?," Australian Journal of Management, Australian School of Business, vol. 33(2), pages 375-390, December.
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    Cited by:

    1. Ibrahim Elsiddig Ahmed, 2020. "The Qualitative Characteristics of Accounting Information, Earnings Quality, and Islamic Banking Performance: Evidence from the Gulf Banking Sector," International Journal of Financial Studies, MDPI, Open Access Journal, vol. 8(2), pages 1-1, May.
    2. George K. Riro & Nelson M. Waweru & Enrico O. Uliana, 2016. "Quality of corporate reporting: case studies from an emerging capital market," Afro-Asian Journal of Finance and Accounting, Inderscience Enterprises Ltd, vol. 6(1), pages 31-52.

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