Interpretive rating and effective development of disclosure mechanisms based on financial managers' personality traits

Subject Areas : Financial and Behavioral Researches in Accounting

Amir Shams ¹ , Mohsen Dastgir ² , Seyed Ali Soltanzadeh ³

1 -
2 - گروه حسابداری، واحد اصفهان (خوراسگان)، دانشگاه آزاد اسلامی، اصفهان، ایران
3 - Department of Accounting, Isfahan (Khorasgan) Branch, Islamic Azad University, Isfahan, Iran

Received: 2025-04-21 Accepted : 2025-06-08 Published : 2025-06-25

Keywords: disclosure mechanisms, personality traits of managers, capital market, Interpretive rating matrix,

Abstract :

One of the fundamental foundations of the success of companies is having competent and efficient managers. The competence of managers depends more on their behavior, personality traits, and attitude than on their knowledge and skills. Voluntary disclosure involves creating information transparency for investors to make financial decisions and reducing information asymmetry. The aim of this research is to effectively develop voluntary disclosure based on the risks of investors in Iranian capital market companies. In this research, meta-analysis was used with the participation of 15 accounting experts at the university level to identify the components (dimensions of disclosure) and research propositions (themes of personality traits of financial managers). In the quantitative part, the components and propositions identified in the form of matrix questionnaires were evaluated by 20 financial managers of capital market companies using interpretive ranking (IRP). The results of the study showed that the proposition of responsibility and self-control are the most influential themes that strengthen the focus on legal mechanisms as a component of the disclosure paradigm. This result shows that under the existence of responsibility and self-control of company managers, the importance of the existence of legal mechanisms in disclosure can lead to increased information transparency to protect the interests of investors.

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