Purpose - The purpose of this paper is to find out the determinants of the quality of financial information in the financial environment of the cement companies of Bangladesh.
Research design, data and methodology - This study considers a total of fifty-eight firm years as the sample from the seven listed cement companies of Bangladesh during the period of 2007 to 2015. This study applies the multivariate regression analysis including the pooled OLS, panel and controlling time.
Results - This study finds that profitability and external financing are the two major explanatory variables in determining the quality of financial information. This study also finds that firm size and accrual quality don’t have any significant influence on quality of financial information.
Conclusion - This study observed that profitability of this sector which is much volatile and prone to be manipulated. Thus, this paper suggests that higher profitability needs more scrutiny while assessing quality of financial information. Finally, this study provides some indications for future research such as considering the listed firms of other sectors of Bangladesh or cross country comparison in different country setting.

Abstract
 1. Introduction
 2. Theoretical Framework
  2.1. Transaction Cost Theory
  2.2. Agency theory
 3. Literature Review and Hypothesis Development
  3.1. Firm Size
  3.2. Profitability
  3.3. External Financing
  3.4. Accrual Quality
 4. Methodology
  4.1. Data collection and sample observation
  4.2. Research model
 5. Empirical Results
  5.1. Descriptive Statistics
  5.2. Correlation analysis
  5.3 Multivariate analysis
 6. Additional analysis
 7. Discussion and Conclusion
 References

• Md. Musfiqur Rahman(Dept. of Accounting and Information Systems, University of Dhaka)
• Md. Mehedi Hasan(Dept. of Accounting & Information Systems, University of Dhaka) Corresponding Author