نقش تعدیل‌کننده تنوع جنسیتی هیئت‌مدیره بر رابطه بین شفافیت شرکت و بازده سهام شرکت‌های پذیرفته‌شده در بورس اوراق بهادار تهران
الموضوعات :پرنیان جمشیدی 1 , سعید علی احمدی 2
1 - دانشجوی کارشناسی ارشد گروه حسابداری، واحد اصفهان (خوراسگان)، دانشگاه آزاد اسلامی، اصفهان، ایران.
2 - دانشیار گروه حسابداری، واحد اصفهان (خوراسگان)، دانشگاه آزاد اسلامی، اصفهان، ایران. (نویسنده مسئول)
الکلمات المفتاحية: بازده سهام, شفافیت شرکت, تنوع جنسیتی هیئت‌مدیره,
ملخص المقالة :
مهمترين معیار ارزيابي عملکرد موسسات در حال حاضر نرخ بازده سهام است. اين معیار به تنهايي داراي محتواي اطلاعاتي براي سرمايه‌گذاران بوده و براي ارزيابي عملکرد مورد استفاده قرار مي‌گیرد. شفافیت اطلاعات نیز می¬تواند عملکرد شرکت¬ها را تحت تاثیر قرار داده و باعث تغییرات در بازده آنها شوند. شفافیت اطلاعات مالی، سرمایه¬گذاران و مدیران را در شناسایی و ارزیابی فرصت¬هاي سرمایه¬گذاري یاري می¬کند. براي این منظور اطلاعات باید در دسترس و قابل اتکا باشند تا منابع مالی و انسانی در بخش¬هایی با بیشترین بازده سرمایه¬گذاري شوند و آنچه مورد انتظار است حاصل گردد. لذا هدف این پژوهش بررسی نقش تعدیل‌کننده تنوع جنسیتی هیئت‌مدیره بر رابطه بین شفافیت شرکت و بازده سهام شرکت‌های پذیرفته‌شده در بورس اوراق بهادار تهران است. به منظور دستيابي به اين هدف سه فرضيه تدوين شد. جهت آزمون فرضيه ها نمونه اي متشکل از 130 شرکت پذيرفته شده در بورس اوراق بهادار تهران طي سال¬هاي 1396 تا 1401 انتخاب گرديد و رگرسيون چندگانه مبتني بر داده‌هاي ترکيبي به کار برده شد. نتايج حاصل از پژوهش نشان مي¬دهد که شفافیت شرکت بر بازده سهام تاثیر مثبت دارد. اما تنوع جنسیتی هیئت مدیره بر بازده سهام تاثیر معنادار ندارد. همچنین تنوع جنسیتی هیئت مدیره رابطه بین شفافیت شرکت و بازده سهام را تعدیل نمی¬کند.
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