نوع مقاله : پژوهشی
1 استادیار،دانشگاه یزد
2 کارشناسی ارشد، دانشگاه پیام نور،یزد
عنوان مقاله [English]
Main goal of this research is to check the effect of audit quality on stock valuation in initial public offering. In this research valuation below cost is considered as dependent variable and the size of accounting firm considered as independent variable. This study addresses this issue that we can say if in firms with higher audit quality؛prices in below in initial public offering is less? The statistical results of data related to 102 companies which share initial offering in Tehran stock exchange between years 1380 to 1390, shows that at 0.95 confidence level there is significant negative relationship between valuation below price and audit quality criterions (size of company, audit tenure) in companies under review. Results of this analyze proves that in companies with higher audit quality rate of valuation below price is significantly less than other companies.