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Excellence of financial reporting information and investment productivity | ||
| International Journal of Nonlinear Analysis and Applications | ||
| مقاله 7، دوره 12، شماره 1، مرداد 2021، صفحه 75-86 اصل مقاله (137.1 K) | ||
| نوع مقاله: Research Paper | ||
| شناسه دیجیتال (DOI): 10.22075/ijnaa.2021.4659 | ||
| نویسندگان | ||
| Yidan Zhu* 1؛ Ernawati Mustafa Kamal1؛ Guosheng Gao2؛ Alim Al Ayub Ahmed3؛ A B M Asadullah4؛ Praveen Kumar Donepudi5 | ||
| 1School of Housing, Building and Planning, Universiti Sains Malaysia (USM), Malaysia | ||
| 2School of Physics, Universiti Sains Malaysia (USM), Malaysia | ||
| 3School of Accounting, Jiujiang University, Jiujiang, Jiangxi, China | ||
| 4Kulliyyah of Economics and Management Sciences, International Islamic University Malaysia (IIUM), Malaysia. | ||
| 5Enterprise Architect, Information Technology, UST-Global, Inc., Ohio, USA | ||
| تاریخ دریافت: 21 بهمن 1398، تاریخ بازنگری: 16 مهر 1399، تاریخ پذیرش: 23 مهر 1399 | ||
| چکیده | ||
| Objective –This study intends to examine the relationship between investment efficiency and financial information excellence. The study is also examining the moderating impact of sustainability on the relation between excellence in financial information and investment productivity. Methodology –The cumulative measurements are 668 firm-years and are made up of 257 subsamples of underinvestment and 411 sub-samples of overinvestment. This study may find no proof on the moderating effect of diversification on the relation between excellence in financial information and efficiency in investment. In the years 2016 to 2019, our samples are companies listed on the Dhaka Stock Exchange. Findings – The results indicate that financial information reporting quality (both for overinvestment and underinvestment sub-samples) has a positive association with investment performance. Although the evidence is not consistent across sub-samples, the test findings on the relationship between diversification and efficiency of investment appear to indicate a negative and substantial relationship between diversification and efficiency of investment. Research limitations/implications – The study finds no research investigating financial information quality and the productivity of investments. Moreover, it also discusses the regulating consequence for diversification on the correlation concerning financial knowledge and productivity of investment, which has not been examined in current studies as well. Originality/value – This research fills a void in the literature by providing understandings into performs followed by Bangladeshi companies in diversification effects in investment productivity.This study also has major consequences in providing additional proof of the connection between financial information and productivity of investment. | ||
| کلیدواژه‌ها | ||
| financial expansion؛ financial information؛ investment adeptness | ||
| مراجع | ||
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