Shahid Bahonar University of Kerman Journal of Accounting Knowledge 2008-8914 8 3 2017 10 09 The difference in the persistent of the industry’s earnings and firm-specific earnings The difference in the persistent of the industry’s earnings and firm-specific earnings 35 51 1758 10.22103/jak.2017.9375.2255 FA Gholamreza Kordestani (Ph.D) Associate Professor of Accounting, Imam Khomeini International University, Qazvin, Iran. 0000-0002-8741-6548 Mohammad Rahimpour Instructor, Department of Accounting, Payame Noor University, Tehran, Iran. 0000-0002-8794-7963 Ramin Ghorbani Ph.D. student of Accounting, Imam Khomeini International University, Qazvin, Iran. Journal Article 2016 10 29 Management in line with achieving persistent earnings tries to remove periodical fluctuations of earnings and attempts to present an appropriate picture of the performance of the firm. While according to the economic theories, the effective factor in assessing the performance of the firms are major and rather persistence factors in industry.<br />The present study investigates the difference in the persistency of earnings in industry, firms and their elements. The data under investigation include 238 firms between 1387 and 1394. The results indicate more persistent earnings in industry and its elements than the earnings in the firm. Also business shocks are effective factors in reducing the persistence of earnings and accruals industry is more stable than company-specific accruals. However, bad news cannot significantly affect the persistence of earnings. Management in line with achieving persistent earnings tries to remove periodical fluctuations of earnings and attempts to present an appropriate picture of the performance of the firm. While according to the economic theories, the effective factor in assessing the performance of the firms are major and rather persistence factors in industry.<br />The present study investigates the difference in the persistency of earnings in industry, firms and their elements. The data under investigation include 238 firms between 1387 and 1394. The results indicate more persistent earnings in industry and its elements than the earnings in the firm. Also business shocks are effective factors in reducing the persistence of earnings and accruals industry is more stable than company-specific accruals. However, bad news cannot significantly affect the persistence of earnings. https://jak.uk.ac.ir/article_1758_2612aa892d962d6f8056b195ca6e550d.pdf