Ahmed  Abbas Al-Behadili, Thamer  Kadhim Al-Abedi, Qabas  Abdulrazzaq Ahmed Alsalmani, Hassan  Nayab Dhahi, 
    Information Asymmetric, Financial Reporting Quality and Investment’s Efficiency:
Evidence from Iraq,
    Journal of Engineering and Applied Sciences,
    Volume 14,Issue 16,
    2019,
    Pages 5869-5874,
    ISSN 1816-949x,
    jeasci.2019.5869.5874,
    (https://makhillpublications.co/view-article.php?doi=jeasci.2019.5869.5874)
    Abstract: 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.
    Keywords: financial reporting quality;Information asymmetric;investment efficiency;accruals quality;accounting quality;exchange