باورهای پولی مدیران و نگرش تأمین مالی آنان

الموضوعات :

علی بیدقی ¹ , محمدرضا وطن پرست ² , مهرداد صدر آرا ³

1 - گروه حسابداری، واحد رشت، دانشگاه آزاد اسلامی، رشت، ایران.
2 - گروه حسابداری، واحد رشت، دانشگاه آزاد اسلامی، رشت، ایران.
3 - گروه حسابداری، دانشگاه گیلان، رشت، ایران.

تاريخ الإرسال : 07 الجمعة , محرم, 1444 تاريخ التأكيد : 08 الجمعة , جمادى الأولى, 1444 تاريخ الإصدار : 28 الخميس , جمادى الأولى, 1444

الکلمات المفتاحية: سود انباشته, انتشار سهام, استقراض, باورهای پولی,

ملخص المقالة :

هدف: مطابق مطالعات رفتاری، نوع نگرش مدیران شرکت‌ها در تصمیم‌گیری آن‌ها اثرگذار است. هدف این پژوهش، مطالعه رابطه باورهای پولی مدیران با نگرش تأمین مالی (درون‌سازمانی و برون‌سازمانی) آنان است.روش‌شناسی پژوهش: در این پژوهش، جمع‌آوری داده‌ها از طریق پرسش‌نامه و با روش نمونه‌گیری در دسترس صورت گرفته است. جامعه موردمطالعه مدیران عامل یا مالی شرکت‌های پذیرفته‌شده در بورس اوراق بهادار تهران در سال 1400 است. حجم نمونه پژوهش با استفاده از جدول مورگان 183 نفر تعیین شد و در نهایت 159 پاسخ‌نامه قابل‌استفاده جمع‌آوری شد.یافته‌ها: نتایج، رابطه معناداری بین باور اجتناب از پول با هیچ‌یک از نگرش‌های تأمین مالی ارائه نکرد. به‌علاوه، باور هوشیاری نسبت به پول با تمایل به تأمین مالی از طریق سود انباشته، انتشار سهام و استقراض دارای رابطه مثبت است. باور منزلت دهندگی پول با تمایل به تأمین مالی برون‌سازمانی (استقراض و سهام) دارای رابطه مثبت است. باور پرستش پول نیز با نگرش تأمین مالی از طریق سود انباشته و انتشار سهام دارای رابطه مثبت است.اصالت / ارزش‌افزوده علمی: باتوجه‌به اینکه باورهای پولی مدیران می‌تواند بر رفتار آنان مؤثر باشد و این موضوع چندان هم موردتوجه تحقیقات پیشین نبوده است، نتایج این پژوهش می‌تواند در بهبود تصمیم‌گیری‌ها مؤثر بوده و ادبیات حوزه تأمین مالی را گسترش دهد. شرکت‌ها می‌توانند در کنار سایر مؤلفه‌ها باورهای پولی مدیران را نیز موردتوجه قرار دهند تا از طریق پیش‌بینی سیاست‌های تأمین مالی آنان و درنظرگرفتن سیاست‌های توسعه‌ای شرکت تعارض منافع بین سهام‌داران و مدیران را کاهش دهند.

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