• Ali Mohammadi
  • Zeynab Barzegar Noshahr



Abstract. The present research investigates the relationship between accounting conservatism and cash
holdings on the one hand and the stock returns of companies listed in Tehran Stock Exchange. It is applied research and methodologically of causal (post-event) type; its statistical population is all companies accepted in Tehran Stock Exchange. Using a systematic elimination sampling method, finally 104 companies were selected as research sample and its period was between 2012 and 2016. The method used to collect information was library and to test the hypotheses the multiple regression with panel data model was used. The results of the research show that there is a positive and significant relationship between accounting conservatism and stock returns, but there is a negative and significant relationship between stock holding and stock returns.
Key words: accounting conservatism, cash holding, stock returns


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