Intermediary Effect of Income Smoothing on the Relationship between the Non-Financial Characteristics and Reporting Quality of Listed Companies in Tehran Stock Exchange

Abstract: The aim of this study is to investigate the intermediary effect of income smoothing on the relationship between the non-financial characteristics and reporting quality of listed companies in Tehran Stock Exchange. Research methodology in terms of purpose is an applied research and in terms of method is a correlational one. The study population included 203 accepted companies in Tehran Stock Exchange during an 8-year period from 2004 to 2011. In this study to analyze the collected data regression analysis, descriptive statistics, inferential statistics, tables drawing and also Eviews software and Excel software have been used. The results of the research show that, comparing the two types of income smoothing company and non- income smoothing company, the relationship between non-financial characteristics including directors reward, firm size and financial leverage, with the exception of the volume of transactions, the structure of the Board of Directors and debts contract, and the quality of financial reporting in both companies is significant.