The effect of financial and operational efficiency on accounting conservatism with the moderating role of managerial ownership in Tehran Stock Exchange
Subject Areas :
1 - Department of Accounting, Faculty of Management and Accounting, Sabzevar Branch, Islamic Azad University, Sabzevar, Iran.
Keywords: Financial efficiency Operational efficiency Managerial ownership Conservatism Tehran Stock Exchange ,
Abstract :
The main goal of this research is to determine the impact of financial efficiency, operational efficiency and accounting conservatism with the moderating role of managerial ownership in Tehran Stock Exchange. Conservatism is one of the prominent features of financial reporting, which has attracted more attention in recent years due to financial scandals. Accountants agree on the existence of conservatism in preparing financial statements, they agree on two main features of conservatism; first, it is the downward bias of the book of assets and capital in relation to its market value, and the other is the tendency to accelerate the recognition of expenses and postpone the recognition of income. This research was conducted for a period of 5 years between 2019 and 2023. The sample data of the studied companies, after checking the availability of their data, were collected and classified with the help of Excel software and analyzed with the help of EViews software. The research results showed; there is a positive relationship between financial efficiency and accounting conservatism, and this relationship is significant, but no relationship was found between operational efficiency and accounting conservatism. Managerial ownership moderates the relationship between financial efficiency and accounting conservatism, and the relationship is negative and significant. Also, managerial ownership moderates the relationship between operational efficiency and accounting conservatism, and the relationship is negative and significant.
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