TY  - JOUR
T1  - Information Asymmetric, Financial Reporting Quality and Investment’s Efficiency:
Evidence from Iraq
AU - Abbas Al-Behadili, Ahmed AU - Kadhim Al-Abedi, Thamer AU - Abdulrazzaq Ahmed Alsalmani, Qabas AU - Nayab Dhahi, Hassan 
JO  - Journal of Engineering and Applied Sciences
VL  - 14
IS  - 16
SP  - 5869
EP  - 5874
PY  - 2019
DA  - 2001/08/19
SN  - 1816-949x
DO  - jeasci.2019.5869.5874
UR  - https://makhillpublications.co/view-article.php?doi=jeasci.2019.5869.5874
KW  - financial reporting quality
KW  -Information asymmetric
KW  -investment efficiency
KW  -accruals quality
KW  -accounting quality
KW  -exchange
AB  - This study investigate the impact of information asymmetry based on the quality of financial
reporting on the investment efficiency in the Iraq Stock Exchange using a sample of 178 observations in the time
period 2015-2017. Our findings lead to a significant negative relationship between financial reporting quality
and the underinvestment and overinvestment which lead to a significant positive relationship between financial
reporting quality on Iraq Stock Exchange. This means that higher financial reporting quality increase the ability
of investors to monitor the management which lead them to invest on the projects which have the positive net
present value.
ER  -