Relation of Credit Rating, Litigation Risk and Audit Opinion Modification
Purpose: The main objective of the present research is to identify the relationship between credit rating, litigation risks, and audit opinion modification on the companies listed on the Tehran Stock Exchange (TSE).Methodology: The statistical sample of this study includes 158 companies accepted on...
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| Format: | Article |
| Language: | fas |
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Ayandegan Institute of Higher Education, Tonekabon,
2023-11-01
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| Series: | مدیریت نوآوری و راهبردهای عملیاتی |
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| Online Access: | http://www.journal-imos.ir/article_178337_4358446b1f93f0562da277a43c93bba4.pdf |
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| _version_ | 1832577831097335808 |
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| author | Hossein Rajabdorri Razieh Ghorbani |
| author_facet | Hossein Rajabdorri Razieh Ghorbani |
| author_sort | Hossein Rajabdorri |
| collection | DOAJ |
| description | Purpose: The main objective of the present research is to identify the relationship between credit rating, litigation risks, and audit opinion modification on the companies listed on the Tehran Stock Exchange (TSE).Methodology: The statistical sample of this study includes 158 companies accepted on the Tehran Stock Exchange, which were reviewed from 2017 to 2021. This research is an applied and post-event type. The research hypotheses were tested through logistic regression in version 10 of Eviews software.Findings: The research findings showed that when credit rating increased, litigation risks decreased. Also, a negative and significant relationship exists between credit rating and audit opinion modification. Originality/Value: This study clarifies the role of credit rating in audit reports and litigation risk management and provides new insight into the factors that affect audit opinion modification. These findings have important implications for companies, auditors, and investors in increasing the quality and reliability of financial information. This study also contributes to the development of literature by emphasizing the need for more research on the factors that determine credit rating and their impact on financial reporting. |
| format | Article |
| id | doaj-art-a22e30c5d88c4a6290295674311f0a04 |
| institution | Kabale University |
| issn | 2783-1345 2717-4581 |
| language | fas |
| publishDate | 2023-11-01 |
| publisher | Ayandegan Institute of Higher Education, Tonekabon, |
| record_format | Article |
| series | مدیریت نوآوری و راهبردهای عملیاتی |
| spelling | doaj-art-a22e30c5d88c4a6290295674311f0a042025-01-30T14:56:24ZfasAyandegan Institute of Higher Education, Tonekabon,مدیریت نوآوری و راهبردهای عملیاتی2783-13452717-45812023-11-014328930210.22105/imos.2023.388800.1264178337Relation of Credit Rating, Litigation Risk and Audit Opinion ModificationHossein Rajabdorri0Razieh Ghorbani1Department of Accounting, Fasa University of Medical Sciences, Fasa, Iran.Department of Accounting, Farabi college, University of Tehran, Qom, Iran.Purpose: The main objective of the present research is to identify the relationship between credit rating, litigation risks, and audit opinion modification on the companies listed on the Tehran Stock Exchange (TSE).Methodology: The statistical sample of this study includes 158 companies accepted on the Tehran Stock Exchange, which were reviewed from 2017 to 2021. This research is an applied and post-event type. The research hypotheses were tested through logistic regression in version 10 of Eviews software.Findings: The research findings showed that when credit rating increased, litigation risks decreased. Also, a negative and significant relationship exists between credit rating and audit opinion modification. Originality/Value: This study clarifies the role of credit rating in audit reports and litigation risk management and provides new insight into the factors that affect audit opinion modification. These findings have important implications for companies, auditors, and investors in increasing the quality and reliability of financial information. This study also contributes to the development of literature by emphasizing the need for more research on the factors that determine credit rating and their impact on financial reporting.http://www.journal-imos.ir/article_178337_4358446b1f93f0562da277a43c93bba4.pdfopinion modificationcredit ratinglitigation risksadjustment of the auditor' s report |
| spellingShingle | Hossein Rajabdorri Razieh Ghorbani Relation of Credit Rating, Litigation Risk and Audit Opinion Modification مدیریت نوآوری و راهبردهای عملیاتی opinion modification credit rating litigation risks adjustment of the auditor' s report |
| title | Relation of Credit Rating, Litigation Risk and Audit Opinion Modification |
| title_full | Relation of Credit Rating, Litigation Risk and Audit Opinion Modification |
| title_fullStr | Relation of Credit Rating, Litigation Risk and Audit Opinion Modification |
| title_full_unstemmed | Relation of Credit Rating, Litigation Risk and Audit Opinion Modification |
| title_short | Relation of Credit Rating, Litigation Risk and Audit Opinion Modification |
| title_sort | relation of credit rating litigation risk and audit opinion modification |
| topic | opinion modification credit rating litigation risks adjustment of the auditor' s report |
| url | http://www.journal-imos.ir/article_178337_4358446b1f93f0562da277a43c93bba4.pdf |
| work_keys_str_mv | AT hosseinrajabdorri relationofcreditratinglitigationriskandauditopinionmodification AT raziehghorbani relationofcreditratinglitigationriskandauditopinionmodification |