TY - JOUR ID - 151152 TI - The Effect of Disclosure Quality on Shareholder Behavior with Emphasis on the Biological Characteristics of the Reporting Unit JO - Environmental Energy and Economic Research JA - EEER LA - en SN - 2538-4988 AU - Rezazadeh, Javad AU - Vatan Parast, Mohammad Reza AU - Tasaddi Kari, Mohammad Javad AU - Yar Ahmadi, Javid AD - Faculty of Management and Economics, Tarbiat Modares University, Tehran, Iran AD - Faculty of Management and Accounting, Islamic Azad University, Rasht, Iran AD - Faculty of Social Science, Imam Khomeini International University, Qazvin, Iran Y1 - 2022 PY - 2022 VL - 6 IS - 4 SP - 1 EP - 14 KW - Disclosure Quality KW - Shareholders Behavior KW - life cycle KW - Reputation KW - Biological Characteristics DO - 10.22097/eeer.2022.320946.1234 N2 - This study seeks to explain the effect of quality of financial information disclosure on shareholder behavior with emphasis on biological characteristics (life cycle and reputation) of the reporting unit. Given the content of information in financial statements, it is expected that increasing the quality of financial statement disclosure will affect shareholder decisions. Given that the reporting units in the introduction and growth phase of the life cycle try to gain market reputation by gaining a good reputation, take more appropriate measures to increase the quality of disclosure. The sample of the present study is the active companies of Tehran Stock Exchange including the period of 1390 to 1397. The reason for the limitation in sample selection was due to the way in which the shareholder behavior variable was measured. The results show that the quality of disclosure and the long life of the reporting unit (RU) affect the behavior of shareholders and increase the liquidity of its shares. But shareholder behavior is not affected by a good reputation. Based on the research results, reporting units can put quality information on their agenda to increase the efficiency of the capital market in Iran. UR - https://www.eeer.ir/article_151152.html L1 - https://www.eeer.ir/article_151152_a6ae34f847a14468be533c10ae2d2764.pdf ER -