نویسندگان
1 استادیار، دانشکده علوم اقتصادی دانشگاه مازندران
2 دانشیار، دانشکده علوم اقتصادی دانشگاه مازندران
3 دانشجوی کارشناسی ارشد مدیریت، دانشگاه آزاد اسلامی واحد بابل
چکیده
کلیدواژهها
عنوان مقاله [English]
نویسندگان [English]
Price Limit is a type of circuit breaker which is applied in future transaction markets and also some of stock exchanges in emerging markets. In this research we are trying to examine the relationship between the price limitation and information asymmetry before earning announcement in TSE (Tehran Stock Exchange) The time extent of this research is from 1383 until 1390. Our sample is consist of 116 companies listed on TSE. Statistical information is obtained from Tadbirpardaz and Rahavard Novin softwares. Correlation, multivariable regression and ordinary least Squares (OLS) are taken.
The results show that there is a significant relationship between the price limitation and information asymmetry. we found either the trade price has a significant effect on information asymmetry.
کلیدواژهها [English]