نقش ابعاد افشای اطلاعات بر قیمت¬گذاری احتمال استفاده از اطلاعات محرمانه
محورهای موضوعی : سرمایه‌گذاری
محسن حمشی
1
,
رحیم بنابی قدیم
2
,
حیدر محمدزاده سالطه
3
1 - دانشجو
2 - دانشگاه آزاد اسلامی، مراغه
3 - گروه حسابداری، واحد مرند،دانشگاه آزاد اسلامی،مرند، ایران.
کلید واژه: افشاي اطلاعات, اطلاعات محرمانه, اطلاعات ريسكي, اطلاعات استراتژيك, قيمت گذاري,
چکیده مقاله :
هدف: هدف از این پژوهش بررسی نقش ابعاد افشای اطلاعات بر قیمت¬گذاری احتمال استفاده از اطلاعات محرمانه است. روش‌شناسی پژوهش: بر این اساس پژوهش از نظر روش¬شناسي، از نوع شبه¬تجربي و پس رويدادي در حوزه¬ي پژوهش ها اثباتي، همچنین از لحاظ ماهيت و اهداف از نوع كاربردي است. جامعه آماری پژوهش شامل؛ كليه شركت¬هاي پذيرفته شده در بورس اوراق بهادار تهران براي دوره زماني سال¬هاي1390 تا 1400(10 سال متوالی( می¬باشد. كه 146 شركت به روش نمونه گيري به روش حذف سيستماتيك انتخاب و مطالعه گرديدند. یافته‌ها: نتايج حاصل از آزمون فرضيات با نرم افزار ايويوز و پي ال اس، حاكي از وجود رابطه منفی و معنادار بین ابعاد افشاری اطلاعات از جمله افشای اطلاعات مالی؛ افشای اطلاعاتی غیرمالی؛ افشای اطلاعاتی استراتژيک و افشای اطلاعاتی ریسکی با قیمت گذاری احتمال استفاده از اطلاعات محرمانه است. با این حال، رابطه منفی و معنی‌داری که بین ابعاد افشای اطلاعات و قیمت¬گذاری احتمال استفاده از اطلاعات محرمانه مشاهده شد نشان می‌دهد افشای اطلاعات شرکت‌ها، مدیران را به کاهش قیمت¬گذاری احتمال استفاده از اطلاعات محرمانه ترغیب می‌کند. اصالت / ارزش‌افزوده علمی: نتایج حاصل از این پژوهش می¬تواند بینش جدیدی نسبت به ابعاد افشای اطلاعات بر قیمت¬گذاری احتمال استفاده از اطلاعات محرمانه ارائه كند تا از این طریق بتواند سیاستگذاری را در صنعت مالی تعیین كند.
Purpose: The purpose of this research is to investigate the role of information disclosure dimensions on the pricing of the probability of using confidential information. Research methodology: Based on this, the research is of a quasi-experimental and post-event type in the field of proof-of-concept research, as well as an applied type in terms of its nature and goals. The statistical population of the research includes; All the companies accepted in the Tehran Stock Exchange for the period of 1390 to 1400 (10 consecutive years). 146 companies were selected and studied by systematic elimination sampling method. Findings: The results of the hypothesis test with Eviuse and PLS software indicate the existence of a negative and significant relationship between the dimensions of information disclosure, including the disclosure of financial information; disclosure of non-financial information; Disclosure of strategic information and disclosure of risk information with pricing the possibility of using confidential information. However, the negative and significant relationship that was observed between the dimensions of information disclosure and the pricing of the probability of using confidential information shows that the disclosure of company information encourages managers to reduce the pricing of the probability of using confidential information. Originality/scientific added value: The results of this research can provide a new insight into the dimensions of information disclosure on the pricing of the probability of using confidential information in order to determine policy in the financial industry.
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