بررسی نقش میانجیگری جریان نقد عملیاتی و پرخاشگری مالیاتی بر رابطه بین اعتماد بیش از حد مدیریت و ارزش شرکت با استفاده از رویکرد ایستا و پویا
محورهای موضوعی : پژوهش های مالی و رفتاری در حسابداری
رضا شمگانی
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بهاره بنی طالبی دهکردی
2
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سرور تیربخش گوران
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1 - دانشجوی دکتری، گروه حسابداری، واحد شهرکرد، دانشگاه آزاد اسلامی، شهرکرد، ایران
2 - دانشیار گروه حسابداری، واحد شهرکرد، دانشگاه آزاد اسلامی، شهرکرد، ایران
3 - گروه حسابداری، واحد شهرکرد، دانشگاه آزاد اسلامی، شهرکرد، ایران
کلید واژه: اعتماد بیش از حد مدیریت, ارزش شرکت, جریان نقد عملیاتی, پرخاشگری مالیاتی, رویکرد ایستا و پویا.,
چکیده مقاله :
در محیط تجاری امروزی، مسائل مربوط به مدیریت مالی، اعتماد و ارزش شرکت برای استحکام و پیشرفت هر سازمان حائز اهمیت بالایی می‌باشند. ازجمله عواملی که ممکن است بر این روابط تأثیر گذاشته و آن‌ها را تحت تأثیر قرار دهد، نقش میانجیگری جریان نقد عملیاتی و پرخاشگری مالیاتی است. پژوهش حاضر با هدف بررسی نقش میانجیگری جریان نقد عملیاتی و پرخاشگری مالیاتی بر رابطه بین اعتماد بیش از حد مدیریت و ارزش شرکت در شرکت های پذیرفته شده در بورس اوراق بهادار تهران به اجرا درآمده است.به منظور آزمون فرضیه‌های پژوهش 166 شرکت در فاصله زمانی سال های 1394 تا 1401 به عنوان نمونه پژوهش انتخاب و با استفاده از روش رگرسیون داده های تابلویی ایستا و پویا با کمک نرم افزار Eviews13 تحلیل شد. نتایج پژوهش نشان می دهد ارتباط مثبت و معناداری بین اعتماد بیش از حد مدیریت و ارزش شرکت وجود دارد. علاوه براین نتایج حاکی از این است که جریان نقد عملیاتی و پرخاشگری مالیاتی بر رابطه بین اعتماد بیش از حد مدیریت و ارزش شرکت نقش میانجیگری دارد.
Background and Purpose: In today's business environment, issues related to financial management, trust, and firm value are critical for the robustness and progress of any organization. Among the factors that may influence these relationships are the mediating roles of operating cash flow and tax aggressiveness. This research aims to investigate how operating cash flow and tax aggressiveness mediate the relationship between managerial overconfidence and firm value in companies listed on the Tehran Stock Exchange. Methodology: To test the research hypotheses, we selected 166 companies as the research sample for the period between 2014 and 2019. We analyzed the data using the regression method with static and dynamic panel data, utilizing Eviews13 software. Findings: The research reveals a positive and significant relationship between managerial overconfidence and firm value. Additionally, the findings indicate that operating cash flow and tax aggressiveness mediate this relationship. Discussion: This research demonstrates that operating cash flow and tax aggressiveness play essential mediating roles in the relationship between managerial overconfidence and firm value. These findings suggest that managerial overconfidence can lead to an increase in firm value, and this relationship is significantly influenced by operating cash flow and tax aggressiveness.
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