M.A. Thesis:

The quality of accruals٫ information risk and business behavior of institutional investors

Abstract This study examined the quality of accruals, information risk and the cost of institutional investors. The statistical population of the study is Tehran Stock Exchange companies in the period of 1394 to the end of 1399 for 5 years, in which 152 companies were selected with the necessary conditions. In this study, a multivariate linear regression model was used to test the hypotheses. The statistical method used in this study is the combined data method that was used to analyze the data Eviews7 software. Therefore, the final estimation of these models is done using GLS test to maintain the assumption of variance homogeneity in regression analysis and solve the problem of variance heterogeneity in this way. The results for the three research models showed that the quality of accruals, information risk and cost of institutional investors have a significant relationship with each other. There is a relationship between the cost of institutional investors and the quality of accruals according to the type of organizational investor (domestic or foreign). There is a relationship between the quality of accruals and the cost of organizational investors depending on macroeconomic conditions. Keywords: quality of accruals, information risk, cost of institutional investors

Keywords: Keywords: quality of accruals, information risk, cost of institutional investors