Firms Characteristic and Firms Disclosure Quality in Firms Listed in Tehran Stock Exchange

The aim of this study is to investigate the relationship between firms characteristic and firm's disclosure quality in firms listed in Tehran Stock Exchange (TSE). To do so, 89 firms of TSE are selected to be studied during the period of 2004 to 2012. To determine the rank of financial information discloser (timeliness and reliability), annual scores of firm's discloser quality is used. Firm's characteristics considered in this study are firm's size, firm's age, firm's profitability, income before interest and tax, industry type, financial leverage, audit firms size, and ownership structure. The results show that financial leverage (timeliness and reliability)has a significant negative and firm's age (reliability) has a positive impact on firm's discloser quality.