Examining the role of women managers in determining the non-financial performance of companies through financial reporting
Subject Areas :Ramin Zeraatgari 1 * , غلامرضا رضایی 2 , Rasoul Keshtkar 3
1 - Associate Professor, Department of Accounting, Faculty of Management and Economics, University of Sistan and Baluchestan, Zahedan, Iran
2 - Assistant Professor, Department of Accounting, Faculty of Management and Economics, University of Sistan and Baluchestan, Zahedan, Iran
3 - Assistant Professor, Department of Accounting and Fainancial Management, Marvdasht Branch,Islamic Azad University, Marvdasht, Iran.
Keywords: Women managers, quality of financial reporting, quality of the accounting information system, financial information, Decision-making success,
Abstract :
Introduction: This study aims to analyze whether non-financial performance is influenced by the Accounting Information System Quality (AISQ) and the quality/usefulness of financial information and whether this influence is more pronounced in firms managed by women. This research is pertinent for accounting and management professionals, as it underscores the importance of quality financial reporting for the survival and growth of firm, while also emphasizing the significance of gender diversity in firms’ management.
Methods: This research is among quantitative studies. Its statistical population is all managers of companies in Iran. Considering the extent anddispersion of the statistical population, in this research, a simple non-random cluster sampling approach was used; In this way, the country of Iran was divided into six geographical parts and the questionnaires were distributed among the firms' managers of different provinces of the country in these six parts. According to the rule of 5q to 15q in the structural equations modeling methodology, the number of samples was equal to 258 people. Also, the partial least squares structural equation modeling method was used to test the hypotheses.
Findings: The results showed that the presence of women in the firms’ management has a positive and significant effect on the AISQ and the quality of financial information. Also, the quality of financial information has a positive and significant effect on the usefulness of financial information and firms’ non-financial performance. In addition, the AISQ has a positive mediating role in the relationship between the presence of women in the firms’ management and the quality of financial information. Finally, the usefulness of financial information plays a positive mediating role in the relationship between the financial information quality and the firms’ non-financial performance.
Discussion and Conclusion: Within the framework of contingency theory, the research provides empirical evidence that the non-financial performance of Iranian firms is associated with the presence of women in management, as they enhance the quality of financial reporting, essential for the success of any organization.
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