The role of financial motivation in profit management decisions with an emphasis on the personality characteristics of financial managers
Subject Areas : Jounal of Marketing Management
Ali Ramzi mojdeh
1
,
mohamadreza Vatanparast
2
,
Mehdi Meshki
3
1 - PhD student, Accounting Department, Rasht Branch, Islamic Azad University, Rasht, Iran
2 - Assistant Professor, Department of Accounting, Rasht Branch, Islamic Azad University, Rasht, Iran
3 - Associate Professor of Finance, Department of Accounting and Finance, Payam Noor University, Tehran, Iran
Keywords: Personality Traits, CEO pressure, emotional intelligence, narcissism, Moral Disengagement, Earnings management.,
Abstract :
In this article, the role of CEO pressure in profit management decisions has been investigated with an emphasis on personality traits with three behavioral approaches in a statistical sample of 65 financial managers of listed companies. CEO pressure was considered as an independent variable, profit management decisions as a dependent variable, personality characteristics as a moderating variable, and people's demographics as a control variable of financial managers. Also, in terms of the data collection method, the current research is a survey, descriptive and quantitative research, of correlational and post-event type. The statistical population of this research has been selected from all companies active in the Tehran Stock Exchange whose financial statements have been audited in the last 2 years, from 2018 and 2019. Considering that the research community is limited and includes all financial managers of listed companies, the best sampling method will be the targeted sampling method from the available samples. Also, the time domain of this research for the studied community includes financial managers of accepted companies in 2019. To determine the reliability of the questionnaire, first through a pre-test, a number of questionnaires were distributed among a random sample, and then Cronbach's alpha coefficient was calculated using SPSS software, and Least Squares regression was used to test the hypotheses. The results of this research show that there is a positive and significant relationship between CEO pressure on profit management decisions. However, there is no significant relationship between the CEO's pressure on profit management decisions with the two approaches of compliance and non-compliance with accounting standards. Also, the modulating factors of personality characteristics, except for emotional intelligence, did not have a significant effect on profit management decisions. Therefore, it seems that in Iran, since the financial managers are chosen by the CEOs of the companies, the managers dominate them in order to achieve their goals. In such circumstances, financial managers do not consider personality traits and accounting standards in order to maintain their interests and job position and improve their organizational status in profit management decisions.
