Role stock exchange to presented financial information
Abstract
Provide information essential to a correct and informed decisions on different groups of investors are particularly,This information is important for investors and others should be able to provide adequate disclosure and to be useful in deciding them.The purpose of this study is that Companies in the Tehran Stock Exchange on admission rates and information disclosure in the financial statements are the effects? The study sample consisted of 72 members participated in the Tehran Stock Exchange's 10-year period (1997 -2007) were selected. It uses normality test Kolomugorof - Simonov to review level of information disclosure and it uses t-test for comparison rate of disclosure before and after company acceptance in Tehran Stock Exchange and it uses p- test to reject or accept assumption. With regard to above cases, the following results obtain: Presentation and disclosure of information between companies in the financial statements of the companies in the stock and then there is a significant difference so member companies in the stock market has considerable effect on the amount of information in financial statements. © EuroJournals Publishing, Inc. 2011.