stock exchange
zahra Heidary Sureshjani; Darioush Foroughi; Alireza Rohravi Dastjardi
Abstract
Investors' beliefs and expectations form the foundation for their decision-making and behavior. Assets are crucial for companies' current and future decisions, significantly influencing investors' perceptions. Accounting for assets reduces uncertainty about a stock's intrinsic value and shapes expectations ...
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Investors' beliefs and expectations form the foundation for their decision-making and behavior. Assets are crucial for companies' current and future decisions, significantly influencing investors' perceptions. Accounting for assets reduces uncertainty about a stock's intrinsic value and shapes expectations regarding the company. Additionally, accounting assets informativeness is a key factor in distinguishing earnings. Hence, the earnings quality may not affect the relationship between assets informativeness and investors' beliefs. This study investigates the relationship between accounting assets informativeness and investors' beliefs, with a focus on the impact of accounting earnings quality. A sample of 249 companies listed on the Tehran Stock Exchange between 2013 and 2023 was selected for analysis. The research model was estimated using panel data, controlling for year and industry effects, through the ordinary least squares method with robust standard errors (clustering errors at the company level). To measure assets informativeness, a ten-year rolling regression of a company's net operating assets against its earnings was employed. The results indicate that increased assets informativeness positively influences investors' beliefs both at the aggregate and discretionary levels. However, assets informativeness related to inherent factors does not impact investors' beliefs. Furthermore, low earnings quality does not weaken the relationship between assets informativeness at the aggregate level and discretionary factors with investors' beliefs. These findings can assist financial statement users, particularly investors and shareholders, in considering the awareness of accounting assets when estimating a share's intrinsic value for investment decisions.
Accounting and various aspects of finance
Gharibe Esmailikia; Mahdis Naseri; Amin Ghanbari
Abstract
In the present world a company’s profile is not substantiated purely in relation to financial issues, rather, a need for the inclusion of environmental and social perspectives arises. According to this, there is a rapidly growing level of awareness of social and environmental activities, and this ...
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In the present world a company’s profile is not substantiated purely in relation to financial issues, rather, a need for the inclusion of environmental and social perspectives arises. According to this, there is a rapidly growing level of awareness of social and environmental activities, and this view has been considered in recent years under the title of sustainability performance. According to the concepts of the contingency theory, the implementation of the sustainability approach can be significantly different depending on the different conditions of the organization. This theory has brought many consequences in management decision-making in an organization, management decisions themselves are affected by their characteristics.The purpose of this research is to investigate the moderating role of managers' behavioral dimensions on the relationship between contingent factors and non-financial sustainability performance. Nine research hypotheses were tested and analyzed using the information of 142 firms admitted to the Tehran Stock Exchange in the period from 2013 to 2022 (including 1420 firm-year observations) and using regression. The results indicated a positive and significant effect of firm size on non-financial sustainability performance and a negative and significant effect of environmental complexity and uncertainty on non-financial sustainability performance. No significant relationship was documented between board independence and non-financial sustainability performance. Management optimism strengthens the relationship between firm size and non-financial sustainability performance, In addition,
Accounting and various aspects of finance
Mohammad Amri-Asrami; Seyed Kazem Ebrahimi; Hossein Amini
Abstract
Compliance with social and environmental responsibilities is one of the requirements of the current competitive era, and the competitiveness pressure of companies in this situation imposes costs on companies that can affect the company's financial performance. In this research, the moderating role of ...
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Compliance with social and environmental responsibilities is one of the requirements of the current competitive era, and the competitiveness pressure of companies in this situation imposes costs on companies that can affect the company's financial performance. In this research, the moderating role of competitive strength in the relation between social and environmental responsibilities with financial performance has been investigated. The statistical sample of this research is the companies listed on the Tehran Stock Exchange between 2016 and 2021. By regular screening method, 108 companies have been selected as samples. After checking the classical assumptions of regression, the panel data model with fixed effects has been used. The results showed that social performance has a positive relation with financial performance. The competition strength has a negative moderating role in the relation between social performance with financial performance. Environmental performance has a positive relation with financial performance, and the competition strength has a negative moderating role in this relation. According to the coefficients of variables, the social dimension of the company is more effective in increasing performance than the environmental dimension.
Financial Accounting
Azam Valizadeh Larijani; Farzaneh Yousefi Asl; Fatemeh Shirzadi; Niloofar Zamani
Abstract
One of the reports that companies are required to publish at the discretion of the Securities and Exchange Organization is the management interpretive report. Therefore, in this research, the relation between the presentation of management interpretative reports by companies and earnings management has ...
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One of the reports that companies are required to publish at the discretion of the Securities and Exchange Organization is the management interpretive report. Therefore, in this research, the relation between the presentation of management interpretative reports by companies and earnings management has been investigated. Also, considering the importance of the role of women in improving the financial reporting of companies, the effect of the presence of women in the board of directors on the aforementioned relation has been investigated. The statistical population of this research is the companies listed in the Tehran Stock Exchange and the Iranian Fara burse during the years 2011 to 2022. The hypotheses of this research have been tested using linear regression. The results of the research showed that the provision of interpretative management reports by companies has reduced earnings management. Also, the decrease in earnings management is more among companies that have used the presence of women among their board members.
Accounting and various aspects of finance
Mohammad Reza nikbakht; Mohsen Borzouzadeh Zavareh
Abstract
This article aims to evaluate the performance of the staff at the National Treasury following the implementation of an electronic fund request system. This evaluation is conducted using the Balanced Scorecard (BSC) approach.The research methodology employed is descriptive and applied in nature. The study’s ...
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This article aims to evaluate the performance of the staff at the National Treasury following the implementation of an electronic fund request system. This evaluation is conducted using the Balanced Scorecard (BSC) approach.The research methodology employed is descriptive and applied in nature. The study’s statistical population comprises 53 experts, auditors, and managers from the National Treasury, who work at the Ministry of Economy and Assets. This group also includes the implementers and specialists of the electronic fund request system. These individuals were selected via a random sampling method. The validity of the questionnaires was determined using content validity, and the reliability was established with a Cronbach’s alpha coefficient of 0.883. The study’s findings suggest that the performance of the National Treasury staff, post-implementation of the electronic fund request system, is satisfactory when viewed through the lens of the Balanced Scorecard (BSC).The key criteria for evaluating the performance of the National Treasury staff are, in order of importance: empowerment (with the highest average rank of 3.25), culture and value (average rank of 3.20), quality of the training course (average rank of 2.97), satisfaction with professionalism (average rank of 2.84), and satisfaction with the work environment (average rank of 2.75).
Financial Accounting
Mahmood Madhoosh; Mehdi Safari gerayli; ـavad Ramezani; ـavad Babaee Khalili; Mehdi Khalilpour
Abstract
, an attempt was made to present the theoretical framework of the investigated phenomenon through the interview tool and the ground theory process, during three stages of open, central and selective coding. In this study, 14 people of accounting knowledge experts participated to conduct interviews and ...
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, an attempt was made to present the theoretical framework of the investigated phenomenon through the interview tool and the ground theory process, during three stages of open, central and selective coding. In this study, 14 people of accounting knowledge experts participated to conduct interviews and 25 people of managers of brokerage companies and experts of vice-chancellors of different sectors of the capital market participated in filling the matrix checklists. The results of this study in the qualitative part of a total of 321 open codes indicate the determination of 32 themes; It has 6 components and 3 main categories. Also, the results of the quantitative section showed that the most important field for the emerging development of human rights accounting in the context of capital market companies is the development of effective governance functions in order to stimulate equal approaches between the operational and financial units of the company and the stakeholders. The obtained results indicate that the role of corporate governance as an effective field in the development of human rights accounting, aspects of the diversity of the selection of board members as a symbol of different groups of shareholders in terms of ritual; It includes race and gender, which can be effective in increasing the level of effectiveness of supervisory functions on managers and the company's financial unit.
Financial audit
Mehdi skandari; Seyedyousef Ahadiserkani; Seyede Atefe Hosseine
Abstract
The purpose of this research is presenting a pathological framework of teamwork in auditing by matrix ranking process. This study is considered to be a mixed and exploratory methodology, because due to the lack of identification of vulnerable areas of teamism in the auditing profession, it was possible ...
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The purpose of this research is presenting a pathological framework of teamwork in auditing by matrix ranking process. This study is considered to be a mixed and exploratory methodology, because due to the lack of identification of vulnerable areas of teamism in the auditing profession, it was possible to perform the foundational data theory analysis in this study to determine the dimensions of the model through fuzzy Delphi analysis. So, there is content similarity between the components as the central field of damage of teamism in the context of auditing profession with the identified categories or not. Then, using interpretive ranking process, an attempt was made to prioritize the identified axes. The results of the present study in the qualitative part and presentation of the model, during 12 interviews, indicate the existence of 3 categories, 8 components and 42 conceptual themes. In the second phase of the research, it was also determined that the disorder of individual perception is the most important complication that the audit teams face in the process of sharing information and focusing on collaborative methods, and this issue can seriously challenge the functions of the audit teams. The obtained result indicates that the auditors as members of the audit team can have effective functions in improving audit quality when each of the auditors can individually play an effective role in participation due to the level of perceptual knowledge arising from behavioral and psychological characteristics. and share information.
