بررسی اثر تعدیلی مدیریت سود بر ارتباط بین ناهنجاری تأمین مالی و ارزش‌گذاری نادرست سهام

References

Alzahrani, M. & Rao, R. P. (2014). Managerial behavior and the link between stock mispricing and corporate investments: Evidence from market-to-book ratio decomposition. The Financial Review, 49(1), 89-116.

Amini, Y. & Mashaikhi, B. (2022). Presenting a model of factors on pricing lower than reality in initial offerings with an emphasis on the role of accounting information. Experimental Accounting Research, 12(44), 175-214. (in Persian)

Arabzadeh, M., Foroughi, D. & Amiri, H. (2017). Explaining accrual items anomaly using multi-factor pricing model in Tehran Stock Exchange. Financial Research, 20(3), 305-326. (in Persian)

Barberis, N. & Thaler, R. (2003). A survey of behavioral finance. Handbook of the Economics of Finance, 1, 1053–1128.

Boamah, N. A., Watts, E. & Loudon, G. (2017). Regionally Integrated Asset Pricing on the African Stock Markets: Evidence from the Fama French and Carhart Models. Journal of Economics and Business, 92, 29-44.

Bottazzi, G., Cordoni, F. Livieri, G. & Marmi, S. (2023). Uncertainty in firm valuation and a cross-sectional misevaluation measure. Annals of Finance, 19, 63–93.

Bradshaw, M. T., Richardson, S. A. & Sloan, R. G. (2006). The relation between corporate financing activities, analysts’ forecasts and stock returns. Journal of Accounting and Economics, 42, 53–85.

Broberg, P., Tagesson, T. & Collin, S. O. (2010). What explains variation in voluntary disclosure? A study of the annual reports of corporations listed on the Stockholm Exchange. Journal of Management and Governance, 14(4), 351 -377.

Chan, L., Karceski, J., Lakonishok, J. & Sougiannis, T. (2008). Balance Sheet Growth and the Predictability of Stock Returns. Working Paper, University of Illinois.

Cooper, M., Gulen, H. & Schill, M. (2008). Asset Growth and the Cross Section of Stock Returns. The Journal of Finance, 63, 1609–1651.

Da, Z., Engelberg, J. & Gao, P. (2011). In search of attention. The Journal of Finance, 66, 1461–1499.

Daniel, K., Hirshleifer, D. & Sun, L. (2020). Short-and long-horizon behavioral factors. The review of financial studies, 33(4), 1673-1736.

Dechow, P.M., Sloan, R.G. & Sweeney, A.P. (1995). Detecting earnings management. Accounting review, 193-225.

Desai, H., Rajgopal, S. & Venkatachalam, M. (2004). Value-glamour and Accruals Mispricing: One Anomaly or Two?. The Accounting Review, 79(1), 355–385.

Dong, M., Hirshleifer, D. & Teoh, S. H. (2012). Overvalued equity and financing decisions. Review of Financial Studies, 25, 3645–3683.

Fama, E. F. (1976). Efficient capital markets: reply. The Journal of Finance, 31(1), 143-155.

Fama, U. F. & French, K. R. (1993). Common risk factors in the return on stocks and bonds. Journal of Financial Economics, 33, 3-56.

Fama, U. F. & French, K. R. (1996). Multifactor explanations of asset pricing anomalies. Journal of Finance, 51, 55-84.

Fu, F. & Huang, S. (2016). The persistence of long-run abnormal returns following stock repurchases and offerings. Management Science, 62, 964–984.

Han, Y., Huang, D., Huang, D. & Zhou, G. (2022). Expected return, volume, and mispricing. Journal of Financial Economics, 143(3), 1295–1315.

Harvey, C. R., Liu, Y. & Zhu, H.  (2016). and the Cross-Section of Expected Returns,  Review of Financial Studies, 29(1), 5–68. https://doi.org/10.1093/rfs/hhv059

Huynh, T. L. D., Wu, J. & Duong, A. T. (2020). Information Asymmetry and firm value: Is Vietnam different? Journal of Economic Asymmetries, 21, e00147.

Jones, J. J. (1991). Earnings management during import relief investigations. Journal of accounting research, 29(2), 193-228.

Kanga, H. & Ryu, D. (2019). Information in mispricing factors for future investment opportunities. North American Journal of Economics and Finance, 47, 657–668.

Khan, M., Kogan, L. & Serafeim, G. (2012). Mutual fund trading pressure: Firm-level stock price impact and timing of SEOs. The Journal of Finance, 67, 1371–1395.

Kiamhar, A., Janani, M. H. & Hemat Far, M. (2019). Explaining the role of stock market anomalies in the pricing of capital assets. Financial Economics (Financial Economics and Development), 14(53), 193-212. (in Persian)

Lam, F. Y. E. & Wei, K. C. J. (2011). Limits-to-arbitrage, Investment Frictions, and the Asset Growth Anomaly. Journal of Financial Economics, 102(1), 127–49.

Lambertides, N. (2021). Misvaluation and the Asset Growth Anomaly. ABACUS, 58(1), 105-141.

Li, H., Henry, D. & Chou, H. (2011). Stock market mispricing, executive compensation and corporate investment: Evidence from Australia. The Journal of Behavioral Finance, 12, 131-140.

Liu, D., Gu, H. & Lung, P. (2016). The Equity Mispricing: Evidence from China's Stock Market. Pacific-Basin Finance Journal, 39, 211-223.

Moradi Zaniani, A. & Hajianejad, A. (2012). Investigating the effect of stock mispricing on future excess returns. Modern Research Approaches to Management and Accounting, 6(21), 631-643. (in Persian)

Norouzi, M., Foroughi, D. & Karimi, F. (2022). Explanation and test of stock pricing model based on reliance and adjustment theory. Financial Engineering and Securities Management, 13(51), 141-165. (in Persian)

Pantzalis, C. & Park, J. C. (2014). Agency costs and equity mispricing. Asia-Pacific Journal of Financial Studies, 43, 89-123.

Quy Duong, L. (2024). The value and growth effect in the Vietnamese stock market: a mispricing explanation, Review of Behavioral Finance, 16 (3), 439-459.

Samarakoon, K. & Pradhan, R.P. (2024). Index futures mispricing: a multi-regime approach to the NIFTY 50 Index futures, Managerial Finance, 50(12), 2091-2114.

Shojaei, M. & Abdul Baghi Attabadi, A. M. (2023). Anatomical analysis of noise trading and pricing error. Judgment and Decision Making in Accounting and Auditing, 2(6), 43-74. (in Persian)

Song, S., Zeng, Y. & Zhou, B. (2021). Information asymmetry, cross-listing, and post-M&A performance. Journal of Business Research, 122, 447-457.

Stein, J. C. (1996). Rational capital budgeting in an irrational world. Journal of Business, 69, 429.

Syed, A. M. & Bajwa, I. A. (2018). Earnings announcements, stock price reaction and market efficiency–the case of Saudi Arabia. International Journal of Islamic and Middle Eastern Finance and Management, 11(3), 416-431.

Tavasoli, V. & Tariverdi, Y. (2024). Earnings Management Model by Using Deferred Tax Asset and Deferred Tax Liability Strategies. Financial Accounting and Auditing Researches, 16(61), 51-78. DOI: 10.30495/FAAR.2024.709443 (in Persian)

Vaghfi, S.H., Sedighe, G., Parandin, K. & Hosseini Aghdaei, S. (2025). The role of ownership structure of Stock in moderating the relationship between stock price concurrency and mispricing. Journal of Management Accounting and Auditing Knowledge, 14(55), 177-192. (in Persian)

Valizadeh Iarijani, A. & Iranpour, R. (2024). Corporate Governance Code and Earnings Management. Financial Accounting Research, 16(1), 1-26. doi: 10.22108/far.2024.139571.2006 (in Persian)

Walkshäusl, C. (2021). Predicting Stock Returns from the Pricing and Mispricing of Accounting Fundamentals. The Quarterly Review of Economics and Finance, 81, 253–260.

Yang, B. Ye, T. Ma, Y. (2022). Financing anomaly, mispricing and cross-sectional return predictability. International Review of Economics and Finance, 79 (2022) 579–598.