Factors Affecting the Transparency of Financial Information in the Insurance Industry

Subject Areas : Management Accounting

Amirreza Nematolahi ¹ , Roya Darabi ² , Fatemeh Sarraf ³ , Yadollah Nouri fard ⁴

1 - Ph.D Student of Accounting, Islamic Azad University, Tehran south Branch, Tehran, Iran.
2 - Associate Professor of Accounting, Islamic Azad University, Tehran south Branch, Tehran, Iran
3 - Assistant Professor of Accounting, Islamic Azad University, Tehran south Branch, Tehran, Iran.
4 - Assistant Professor of Accounting, Islamic Azad University, Tehran south Branch, Tehran, Iran.

Received: 2018-04-24 Accepted : 2018-08-11 Published : 2019-09-23

Keywords: Transparency, Insurance Industry, Financial Ratios, Disclosure of Information, Transparency of Financial Info,

Abstract :

There are many factors in the transparency of financial information, the most important and most effective of which are financial components. In this research, we merely consider financial insurance agents in transparency of financial information because of, insurance accounting specific nature.The purpose of this study was to investigate the effective relationship between financial insurance factors and financial information transparency of the insurance industry.To determine the final financial components of insurance, experts of the insurance industry were consulted and a researcher-made questionnaire was used to collect data.The research sample consisted of 151 managers and experts in the insurance industry selected by random sampling method. The realm of this research is 2017 and city of Tehran. One-sample t-test was used to analyze the data in a small phase.The results indicate that financial insurance factors have a meaningful relationship with the transparency of financial information in the insurance industry, but violations were also found in the research components.The results of the ranking showed that the disclosure of leverage ratios and deferred loss accounts has the highest degree of significance.

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