The designing and presentation a model of the use of power resources in measuring the performance of mutual funds and the quality of financial reporting

Subject Areas : Journal of Investment Knowledge

mahnaz iravani ¹ , mir feiz fallah shams ^{2 *} , Fraydoon Rahnamay Roodposhti ³ , mohammadhamed Khanmohammadi ⁴ , Zohreh Hajiha ⁵

1 - Department of Accounting, Qeshm Branch, Islamic Azad University, Qeshm, Iran
2 - Associate Professor of Financial Management, Central Tehran Branch, Islamic Azad University, Tehran, Iran
3 - Professor and retired faculty member of Islamic Azad University, Science and Research Founding member and secretary general of the Financial Engineering Association And chairman of the Iranian Management Accounting Associationhead, Tehran, Iran
4 - Assistant Professor of Accounting, Damavand Branch, Islamic Azad University, Tehran, Iran
5 - Associate Professor of Accounting, East Tehran Branch, Islamic Azad University, Tehran, Iran

Received: 2021-11-03 Accepted : 2022-01-02 Published : 2023-06-22

Keywords: Net Asset Value (NAV), Financial Reporting, Mutual fund performance, Managers Power,

Abstract :

The efficiency and effectiveness of any organization significantly depend on the management and proper use of human resources. Managers may also contribute to the promotion of productive activities and the efficiency of financial markets by increasing the return on portfolio and subsequently attracting liquidity in the country's economy. The present study aims to investigate the sources of power on the performance of mutual funds and the quality of financial reporting. This research is correlational in nature and content. In this research, a sample of 66 mutual funds was reviewed from March 2020 to March 2021 in Tehran Stock Exchange. The results of this study showed that the power of managers affects the performance of mutual funds and the quality of financial reporting, also the performance of the company may be a mediating variable in the relationship between the power of managers and the quality of financial reporting.

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