References
Armstrong, C. S., Core, J. E., Taylor, D. J., & Verrecchia, R. E. (2011). When does information asymmetry affect the cost of capital? Journal of Accounting Research, 49(1), 1-40.
Barberis, N., Huang, M. (2008). Stocks as lotteries: The implications of probability weighting for security prices. American Economic Review, 98(5), 2066–2100.
Battalio, R. H., & Mendenhall, R. (2005). Earnings expectations, investor trade size, and anomalous returns around earnings announcements. Journal of Financial Economic, 77(2), 289–319.
Beatty, R. P., & Ritter, J. R. (1986). Investment banking, reputation, and the underpricing of initial public offerings. Journal of financial economics, 15(1), 213-232.
Bodie, Z., Kane, A., & Marcus, A. J. (2011). Investments. New York: McGraw-Hill/ Irwin.
Boyer, B. H., Mitton, T., & Vorkink, K. 2010. Expected idiosyncratic skewness. Review of Financial Studies, 23(1), 169–202.
Bushman, R. M., & Smith, A. J. (2001). Financial accounting information and corporate governance. Journal of accounting and Economics, 32(1), 237-333.
Core, J., Guay, W., Verdi, R. (2008). Is accruals quality a priced risk factor? Journal of Accounting and Economics, 46(1), 2–22.
Dechow, P., & Dichev, I. (2002). The quality of accruals and earnings: The role of accrual estimation errors. The Accounting Review, 77, 35-59.
Dechow, P., Sloan, R., Sweeney, A. (1995). Detecting earnings management. The Accounting Review, 70(3), 193–225.
Dechow, P., Ge, W., & Schrand, C. (2010). Understanding earnings quality: A review of the proxies, their determinants and their consequences. Journal of Accounting and Economics, 50(2), 344-401.
Green, C., & Hwang, B. (2012). Initial public offerings as lotteries: Skewness preference and first-day returns. Management Science, 58(2), 432–444.
Francis, J., LaFond, R., Olsson, P., Schipper, K. (2004). Costs of equity and earnings attributes. The Accounting Review, 79(8), 967–1010.
Francis, J., LaFond, R., Olsson, P., Schipper, K. (2005). The market pricing of accruals quality. Journal of Accounting and Economics, 39(3), 295–327.
Heidarpoor, F., Tariverdi, Y., Mehrabi, M. (2013). The Effects of Investor Sentiment on Stock Returns, Financial Knowledge of Securities Analysis, 6 (17), 1-13. (in Persian)
Kahneman, D. & A. Tversky (1992). Advances in Prospect Theory, cumulative representation of uncertainty. Journal of risk and uncertantity, 5(4), 297-323.
Khajavi, S. & Ghasemi, M. (2006). Efficient market hypothesis and Behavioral finance. Journal of Financial Research, 7(20), 49-69. (in Persian)
Khajavi, Sh., Faal, A. (2016). The role of information release on skewness relation and future stock return. Journal of Financial Research, 18(1), 129- 148.
(in Persian)
Khalili Araghi, M. & Esmaeili, B. (2014). Initial public offering (IPO) price Short-term Overreaction: The Effect of price and other factors in Tehran Stock Exchange. Investment journal, 3(11), 47-64. (in Persian)
Lambert, R. A., Leuz, C., & Verrecchia, R.E. (2007), Accounting Information, Disclosure, and the Cost of Capital. Journal of Accounting Research, 45)2), 385–420.
Loughran, T., Ritter, J., Rydqvist, K. (2015)
. Availabe at:
www.researchgate.net /publication/275891832_Initial_Public_Offerings_International_Insights.
McInnis, J. (2010). Earnings smoothness, average returns, and implied cost of equity capital. The Accounting Review, 85(4), 315–341.
Mehrani, A., Asgari, M., Tahriri, A., Ganji, H. (2009). To Survey the Existence of Abnormal Return in Initial Public Offering at the Presence & Absence of Price Bubbles: Case of Tehran Stock Exchange. Quarterly Journal of Securities Exchange, 2 (8), 115-132. (in Persian)
Ofek, E., M. Richardson. 2003. Dotcom mania: The rise and fall of Internet stock prices. Journal of Finance, 58(3), 1113–1137.
Penman, S., Zhang, X. (2002). Accounting conservatism, the quality of earnings, and stock returns. The Accounting Review 77(3), 237–264.
Pitcher, A. (2008). Investigation of a Behavioral Model for Financial Decision Making. A dissertation submitted for the degree of MSc Mathematical & Computational Finance, Magdalen College University of Oxford, 1-43.
Pompian, M, M. (2006). Behavioral finance and wealth management. Hoboken, New Jersey: John Wiley & Sons, Inc.
Pourheidari, O., Mohammadrezakhani, V. (2013). Effect of Earnings Timeliness on Public Stock Offering Abnormal Returns in Listed Companies of Tehran Stock Exchange. Journal of Emprical Reasearch In Accounting, 2 (3), 55-67. (in Persian)
Tehrani, R., Bagorian, M. & Nabizadeh, A. (2008). Examination of the effect of skewness and excess kurtosis on stock returns description through capital asset pricing model. Quarterly Journal of Securities Exchange, 1(4): 35-52. (in Persian)
Zhang, Y. )2006(. Individual skewness and the cross-section of average stock returns. Working paper, Yale University, New Haven, CT.
Zhang, X. J. (2013). Book-to-market ratio and skewness of stock returns. The Accounting Review, 88(6), 2213-2240.
)