In the theoretical framework of Stock reporting, the role stock returns, and its usefulness on investors' decision making is mentioned. One of the required factors for the usefulness of stock returns is its power of explanation and prediction. So, investors, using stock returns, start to assess and predict earnings management. Operating cash flows can affect companies’ performance and lead to some changes in earning management. Some parts of operating cash flows are due to unusual events. In this regard, the present study aims to investigate the relationship between unusual operating cash flows and earnings management of listed companies in Tehran earnings management. For analyzing the data, the regression model is used. The method of pooling data was used for estimating the used model for the stock returns of 120 international companies from 2011 to 2015. The results of the hypothesis test showed that there is a significant and negative relationship between unusual operating cash flows and future earnings management.
