International Journal of Finance & Managerial Accounting

International Journal of Finance & Managerial Accounting

Assessment of the current state of level, subject and tone of forward-looking information disclosure in Iranian companies

Document Type : Original Article

Authors
Marzieh Rezaeirad
Mehdi Maranjory
Razieh Alikhani
Yosef Taghipourian
Department of Accounting, chalous Branch, Islamic Azad University, chalous, Iran
10.22034/ijfma.2025.78493.2256
Abstract
Forward-looking information disclosure is for meeting the growing informational demands of investors which gives them extra tools for assessing the perspective, the venture and the current concerns of the company. Based on this fact, the purpose of the research at hand is to assess the current state of level, subject and tone of forward-looking information disclosure in Iranian companies. The content analysis technic was used to evaluate forward-looking information disclosure. This research is practical in terms of purpose and descriptive in terms of execution. The statistical population used includes all the accepted companies in the Tehran Securities Exchange in the time period of 2018-2022. Considering the implemented restrictions, 116 companies were studied. The applications used for data analysis include Excel and SPSS software. The findings of this research show that forward-looking information disclosure is becoming increasing in Iranian companies and that most of the disclosure is in the food and beverage industry. In the aspects of subject, most of forward-looking information disclosure is focused on the matter of income statement. It is also concluded that the Iranian companies prefer to implement a positive tone whilst publishing forward-looking information in their annual reports.
Keywords
level of forward-looking information disclosure
subject of forward-looking informationdisclosure
tone of forward-looking information disclosure
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