- Aflatooni, A. (2013). Statistical Analysis by Eviews in the Researches of Accounting and Financial Management, 1th Edition, Tehran: Termeh Publications.
- Aflatooni, A., Zalghi, H., and Azar, A. (2015). Investigating the relationship between the elements of information risk and risk premium. Financial Accounting Knowledge, 1(3), 49-64.
- Ahmed, Anwer & Duellman, Scott. (2010). Evidence on the Role of Accounting Conservatism in Monitoring Managers’ Investment Decisions. Accounting and Finance. 51. 609-633. 10.2139/ssrn.1012347.
- Almaharmeh, M. I., Shehadeh, A. A., Iskandrani, M., & Saleh, M. H. (2021). Audit Quality and Stock Price Synchronicity: Evidence from Emerging Stock Markets. The Journal of Asian Finance, Economics and Business, 8(3), 833–843. https://doi.org/10.13106/JAFEB.2021.VOL8.NO3.0833
- Amiri, H., and Alizadeh Ahvazi, M. (2018). Comparative comparison of multifactorial models in the Iranian capital market, Journal of Research in Accounting and Economic Sciences, 2 (2), 14-1.
- Baghani, A., Ahmadi, N., Setak, H. (2019). The Relationship between Corporate Governance and Information Asymmetry with Stock Returns in Companies Listed in Tehran Stock Exchange. Journal of Economics and Business, 9(18), 57-71.
- Bakhtiari, M., Nikoomaram, H., Rahnamay Roodposhti, F., Torabi, T. (2019). Assessing the Behavioral Reaction of Investors to the Price Change Using the Speed of Price Adjustment Approach to the General Information and Its Relation with Future Return. International Journal of Finance & Managerial Accounting, 3(12), 15-27.
- Barzegari Khanagha, J., Jamali, Z. (2016). Predicting Stock Returns with Financial Ratios; An Exploration in Recent Researches. Journal of Accounting and Social Interests, 6(2), 71-92. doi: 10.22051/ijar.2016.2432
- Bekhrdi Nasab, V., (2018). Investigating the effect of mass behavioral patterns in accepting high risk without sufficient information in using new Islamic financial instruments. Knowledge of law and finance, 2 (5): 78-55.
- Borochin, Paul and Rush, Stephen. (2016). Identifying and Pricing Adverse Selection Risk with VPIN. Available at SSRN: https://ssrn.com/abstract=2599871 or http://dx.doi.org/10.2139/ssrn.2599871.
- Chen, C., & Doukas, J.A. (2020). Stock price synchronicity, cognitive biases, and momentum. European Financial Management.
- Dutta, S., & Nezlobin, A. (2017). Information disclosure, firm growth, and the cost of capital. Journal of Financial Economics, 123(2), 415-431.
- Easley, D., & O’hara, M. (2004). Information and the Cost of Capital. The Journal of Finance, 59, 1553-1583. http://dx.doi.org/10.1111/j.1540-6261.2004.00672.x
- Etemadi, H., abdoli, L. (2018). Conservatism and Stock Value Performance in Financial Crisis. Journal of Asset Management and Financing, 5(3), 133-150. doi: 10.22108/amf.2017.21179
- Figlioli, Bruno & Lima, Fabiano Guasti, (2019). "Stock pricing in Latin America: The synchronicity effect," Emerging Markets Review, Elsevier, vol. 39(C), pages 1-17.
- Foroghi, D., Rahrovi Dastjerdi, A. (2015). The Relationship between Stock Price Delay and Expected Return. Journal of Financial Accounting Research, 7(1), 17-36.
- Ghaemi, M., Taghizadeh, M. (2016). Studying the effect of information risk and transaction costs on stock market reaction to earnings news. Accounting and Auditing Review, 23(2), 235-252. doi: 10.22059/acctgrev.2016.58468
- Habibi, A., Heidarpoor, F., Tavangar, A. (2020). Investigating the effect of conservatism on abnormal returns at the portfolio level. International Journal of Finance & Managerial Accounting, 5(19), 163-173.
- Hassas Yeganeh, Y., omidi, E. (2013). Accounting Quality, Stock Price Delay and Future Stock Returns. Empirical Studies in Financial Accounting, 11(42), 31-58.
- Hejranijamil, M., Hejranijamil, A., & Shekarkhah, J. (2020). Accounting conservatism and uncertainty in business environments; using financial data of listed companies in the Tehran stock exchange.
- Hou, K., & Moskowitz, T. (2005). Market Frictions, Price Delay and the Cross-Section of Expected Returns. Review of Financial Studies, Vol. 18, No. 3, Pp. 981–1020. https://iiste.org/Journals/index.php/RJFA/article/view/1293.
- Izadinia, N., Ibrahimi, M., and Hajiannejad A., (2014). A Comparison between basic Fama and French Three Factor model and basic Carhart four factors Model in Explaining the Stock return on Tehran Stock Exchange, Asset Management and Financing, 2(3), 17-28.
- Khermandar, M., Vakilifard, H., Talebnia, G., Royaee, R. (2020). Evaluating and Prioritizing Static and Dynamic Pricing Models Using Cash Flows in Mutual Funds. ـJournal of Financial Management Perspective, 10(30), 9-34. doi: 10.52547/jfmp.10.30.9
- Kim, D., & Qi, Y. (2010). Accruals Quality, Stock Returns, and Macroeconomic Conditions. Accounting Review, 5, 937-978. http://dx.doi.org/10.2308/accr.2010.85.3.937
- Kim, Jeong-Bon and Zhang, Liandong. Accounting conservatism and stock price crash risk: Firm-level evidence. (2016). Contemporary Accounting Research. 33, (1), 412-441. Research Collection School Of Accountancy.
- Krismiaji, K. & Sururi, S. (2021). Conservatism, earnings quality, and stock prices – Indonesian evidence. Journal of Accounting and Investment, 22(1), 37-50.
- Lambert, R., Leuz, C., & Verrecchia, R. (2007). Accounting Information, Disclosure, and the Cost of Capital. Journal of Accounting Research, 45, 385-420. http://dx.doi.org/10.1111/j.1475-679X.2007.00238.x
- Long, H., Zaremba, A., & Jiang, Y. (2020). Price nonsynchronicity, idiosyncratic risk, and expected stock returns in China. Economic Research-Ekonomska Istraživanja, 33, 160 - 181.
- Lu, Hai; CALLEN, Jeffrey; and KHAN, Mozaffar. Accounting quality, stock price delay and future stock returns. (2011). Contemporary Accounting Research. 30, (1), 269-295. Research Collection School of Accountancy.
- Madanchi Zaj, M., Nikoomaram, H., Saeedi, A. (2017). Overreaction & Under reaction: Evaluating performance and Speed of Adjustment Investment Strategies in Tehran Stock Exchange (TSE). International Journal of Finance & Managerial Accounting, 2(6), 103-120.
- Mehdizadeh Masouleh, N. (2020). Investigating the effect of unconditional conservatism and the amount of cash held on abnormal stock returns, Quarterly Journal of New Research Approaches in Management and Accounting, 3 (14), 51-64.
- Mehrabanpour, M., Alavi Nasab, S.M., Abbasian, E., & Porkavosh, T. (2019). The Impact of Financial Inflexibility on Value Anomaly. Financial Research Journal, 21(4), 612-636.
- Mehrara Mohsen, Soheili Habib. (2018). Estimation of information risk dynamics in Tehran Stock Exchange. Economic Modeling Research.; 8 (32): 55-90. DOI:10.29252/jemr.8.32.55
- Meshki Miavaghi, M., Mohammadi, R. (2019). Investigating the effect of conditional conservatism on earnings quality based on price value relevance and the earnings response coefficients. Journal of Financial Accounting Research, 11(2), 61-74. doi: 10.22108/far.2019.116342.1438
- Meshki, M. (2011). A Study of Influential Factors in Stock Returns and Profitability in the Tehran Stock Exchange (TSE): GMM & GLS Models. , 3(1), 91-119. doi: 10.22099/jaa.2011.3390
- MirAskari, S., Mahfoozi, G., Shabani nejad mousoleh, M. (2019). Investigating the Relationship between Stock Price Synchronicity and Return Distribution. Journal of Asset Management and Financing, 6(3), 51-66. doi: 10.22108/amf.2017.21258
- Moeinaddin, M., & Nayebzadeh, S., & Zare Mehrjardy, R., & Fazel Yazdi, A. (2013). The Study Of The beneficially Contrarian Investment Strategy To Gain The Return And Analyze Sensitivity Of Financial Indicators By Using Tukey Test In Tehran Stock Exchange. Financial Knowledge of Securities Analysis, 6(18), 49-69.
- Mouselli, S., Jaafar, A., & Goddard, J. (2013). Accruals Quality, Stock Returns and Asset Pricing: Evidence from the UK. International Review of Financial Analysis, 30, 203-213. http://dx.doi.org/10.1016/j.irfa.2013.08.006
- Movahed Manesh, S. (2016). Application of the GMM Method in Analyzing the Effect of Insurance Penetration Rate on GDP, The Case of Iran. Economic Growth and Development Research, 6(24), 69-82.
- Neifar, Souhir & Ajili, Hana. (2019). CEO characteristics, accounting opacity and stock price synchronicity: Empirical evidence from German listed firms, Journal of Corporate Accounting and Finance, Forthcoming. 10.1002/jcaf.22386.
- Nguyen, Ha and Lan, Yihui and Treepongkaruna, Sirimon, (2018). Firm-specific Return Variation and Stock Returns. Available at SSRN: https://ssrn.com/abstract=3321584 or http://dx.doi.org/10.2139/ssrn.3321584.
- Piotroski, J. D., & Barren T. Roulstone. (2004). The Influence of Analysts, Institutional Investors, and Insiders on the Incorporation of Market, Industry, and Firm-Specific Information into Stock Prices. The Accounting Review, 79(4), 1119–1151. http://www.jstor.org/stable/4093088
- Rashidi baqhi, M. (2019). The role of audit quality and the quality of accounting information in changing the information asymmetry pricing. Financial Accounting Knowledge, 6(3), 167-187. doi: 10.30479/jfak.2019.9892.2370
- Rostamian, F., Javanbakht, S. (2010). Comparing of the Efficiency of Capital Asset Pricing Model (CAPM) and Consumption-based Capital Asset Pricing Model (CCAPM) in Tehran Stock Exchange (TSE). Empirical Studies in Financial Accounting, 8(31), 143-157.
- Saeedi, A., Bagheri, S. (2011). Contrarian Strategy in Tehran Stock Exchange. Financial Research Journal, 12(30), 75-94.
- Safdar, R.and Yan, C. (2017), "Information risk, stock returns, and asset pricing: Evidence from China", Accounting Research Journal, Vol. 30 No. 4, pp. 379-394. https://doi.org/10.1108/ARJ-04-2015-0057
- Sahrakaran, M., Rezaei, F. (2018). The Effect of Financial Information Risk on Agency Relationship with Firms Capital Structure. Journal of Asset Management and Financing, 6(4), 93-102. doi: 10.22108/amf.2017.21210
- Saleem, S., & Usman, M. (2021). Information Risk and Cost of Equity: The Role of Stock Price Crash Risk. The Journal of Asian Finance, Economics and Business, 8(1), 623–635. https://doi.org/10.13106/JAFEB.2021.VOL8.NO1.623
- Salehi, A., Bozorgmehrian, S., Salehi, B. (2015). An Assessment of Fama and French`s Five-factor Model to Forecast the Return of the Growth and Value Stock. Journal of Iranian Accounting Review, 2(8), 35-52. doi: 10.22055/jiar.2015.12417
- Siqueira, L. S., Amaral, H. F., & Correia, L. F. (2017). O Efeito do Risco de Informação Assimétrica sobre o Retorno de Ações Negociadas na BM&FBovespa. Revista Contabilidade & Finanças - USP, 28(75), 425-425. DOI:10.1590/1808-057x201705230.
- Solikhah, B & Jariyah, J. (2020). Corporate governance attribute, blockholder ownership and accounting conservatism: Which aspects reduce the cost of equity?.Accounting, 6(7), 1275-1284.
- Tessema, A. (2019). The impact of corporate governance and political connections on information asymmetry: International evidence from banks in the Gulf Cooperation Council member countries. Journal of International Accounting, Auditing and Taxation, 35, 1-17.
- Vakilifard, H., badrian, E., ebrahimi, M. (2017). A Comparison between Fama-French Five Factor Model and Carhart Four-Factor Model in Explaining the Stock Return of Companies Listed in the Tehran Stock Exchange. Journal of Asset Management and Financing, 5(1), 17-30. doi: 10.22108/amf.2017.21150
- Zamanian, G., and Jalali, A.A., and Kurdi Tamandani, A. (2018). Approach of conscious exchange probability model in investigating the effect of information asymmetry on stock returns and trading volume in selected companies of Tehran Stock Exchange. Financial Economics, 11 (41), 43-66.
- Zhang, X., & Zhou, H. (2020). Leverage structure and stock price synchronicity: Evidence from China. PloS one, 15(7), e0235349. https://doi.org/10.1371/journal.pone.0235349
|
1؛ Mahmood Hematfar 
2؛ Mohammad Hasan Janani3
