تأثیر کارایی مالی و عملیاتی بر محافظه کاری حسابداری با نقش تعدیل کننده مالکیت مدیریتی در بورس اوراق بهادار تهران
محورهای موضوعی :
1 - گروه حسابداری، واحد سبزوار، دانشگاه آزاد اسلامی، سبزوار، ایران.
کلید واژه: کارایی عملیاتی مالکیت مدیریتی محافظه کاری بورس اوراق بهادار تهران ,
چکیده مقاله :
هدف اصلی این پژوهش، تعیین تاثیر کارایی مالی و عملیاتی، مالکیت مدیریتی و محافظه‌کاری در بورس اوراق بهادار تهران می‌باشد. محافظه‌کاری یکی از ویژگی‌های برجسته‌ی گزارش‌گری مالی است که در سال‌های اخیر به‌خاطر رسوایی‌های مالی توجه بیشتری را به خود جلب کرده است. حسابداران بر وجود محافظه‌کاری در تنظیم صورت‌های مالی توافق دارند، آن‌ها در خصوص دو ویژگی عمده‌ی محافظه‌کاری اتفاق نظر دارند؛ نخست، جانب‌داری رو به پایین دفتری دارایی‌ها و سرمایه نسبت به ارزش بازار آن است و دیگر گرایش به تسریع در شناسایی هزینه‌‌ها و تعویق شناخت درآمدها می‌باشد. این پژوهش برای یک دوره‌ی 5 ساله بین سال‌های 98 تا 1402 انجام شد. اطلاعات نمونه‌ی شرکت‌های مورد مطالعه پس از بررسی در دسترس بودن اطلاعات آن‌ها با جمع‌آوری به کمک نرم‌افزار اکسل طبقه‌بندی و نرم‌افزار ایویوز مورد آنالیز واقع شدند. نتایج پژوهش نشان داد؛ بین کارایی مالی و محافظه‌کاری رابطه‌ی مثبت وجود داشته و این رابطه معنادار نیز می‌باشد ولی بین کارایی عملیاتی و محافظه‌کاری رابطه‌ای یافت نشد. مالکیت مدیریتی ارتباط بین کارایی مالی و محافظه‌کاری را تعدیل می‌کند، و ارتباط نیز منفی و معنادار می‌باشد. هم‌چنین مالکیت مدیریتی ارتباط بین کارایی عملیاتی و محافظه‌کاری را تعدیل می‌کند، و ارتباط نیز منفی و معنادار می‌باشد.
The main goal of this research is to determine the impact of financial efficiency, operational efficiency and accounting conservatism with the moderating role of managerial ownership in Tehran Stock Exchange. Conservatism is one of the prominent features of financial reporting, which has attracted more attention in recent years due to financial scandals. Accountants agree on the existence of conservatism in preparing financial statements, they agree on two main features of conservatism; first, it is the downward bias of the book of assets and capital in relation to its market value, and the other is the tendency to accelerate the recognition of expenses and postpone the recognition of income. This research was conducted for a period of 5 years between 2019 and 2023. The sample data of the studied companies, after checking the availability of their data, were collected and classified with the help of Excel software and analyzed with the help of EViews software. The research results showed; there is a positive relationship between financial efficiency and accounting conservatism, and this relationship is significant, but no relationship was found between operational efficiency and accounting conservatism. Managerial ownership moderates the relationship between financial efficiency and accounting conservatism, and the relationship is negative and significant. Also, managerial ownership moderates the relationship between operational efficiency and accounting conservatism, and the relationship is negative and significant.
1. Ahmadi, M.R, Jamali, K (2018). The effect of audit quality on the future returns of shares of
companies admitted to the Tehran Stock Exchange. Accounting and Auditing Reviews, Volume
20, Number 4, pp. 1-20 .)in Persian)
2. Asadi, S, Rahnama Roudpashti, F, Khordiar, S, & Mohammadi Nodeh, F. (1401). Identifying
bankruptcy using accounting conservatism (different analysis and model presentation).
Knowledge of Accounting and Management Audit, 11(44), 281-296.)in Persian)
3. Bazarafshan Kojal, M, Yousafund, D, & Rekabdar, Q. (1401). the effect of managers' social
conservatism on company performance considering the mediating role of accounting
conservatism. Accounting and auditing studies, 11(42).)in Persian)
4. Foroghi. D. Abbasi. J (2015). Investigating factors affecting accounting conservatism.
Financial Accounting Experimental Research Quarterly. First Year. Number 1.)in Persian)
5. Jabarzadeh Kangarloui, S, Bahri Tahali, J, Balazadeh Qarabaghi, S, & Aghazadeh, T. (1401).
the relationship between real and accrual profit management and managers' conservatism.
Accounting and Management Perspective, 5(68), 16-31.)in Persian).
راک و بسک رد یدربهار تاعلاطم هرود 2 هرامش ، 3 ، 73-57
73
6. Kamiyabi, Y; Javadi-nia, A (1400). Investigating the modifying effect of management ability
on the relationship between investors' emotions and accounting conservatism. Accounting and
auditing studies, 28(1), pp. 102-134 .)in Persian)
7. Mahmoudi, A; Haqiqi, Y; Karimianpour, S.M & Rafiei, A (1401). Investigating the
relationship between growth opportunity (low) and debt in companies listed on the Tehran
Stock Exchange. Financial Accounting Research Quarterly - Year 8 - Number 30 - Winter
1401 - Pages 83-9۷ .)in Persian)
8. Saeb-Niya, S & Bostani-Asl, A (1402). Investigating the impact of the Corona disease (Covid
19) on the economic performance of clubs. Journal of Strategic Studies in Business. Volume 1,
Number 2, pp. 75-86.)in Persian)
9. Sarlek, N & Clooni, D (2014). The relationship between types of institutional ownership and
conservatism in companies listed on the Tehran Stock Exchange.Accounting Empirical
Research.Year 4, Number15, spring2014, pp. 149164.)in Persian)
10. Al-Matari, E. Al-Matari, Y & Saif, S (2017). OWNERSHIP STRUCTURE, AUDIT
QUALITY AND FIRM PERFORMANCE MODERATING ANDDIRECT-EFFECT
MODELS: AN EMPIRICAL STUDY. Corporate Board: Role, Duties & Composition /
Volume 13, Issue 1, 2017.
11. Alves. S (2019). Accounting Conservatism and Debt Financing, Australian Academy. Journal
of Accounting and Economics, Vol.48, No.2–3, pp.112-131.
12. Dai, B & Yang, Fan. (2019). Monetary policy, accounting conservatism and trade credit.
China Journal of Accounting Research, 8(4), 295-313.
13. Hajawiyah, A., Wahyudin, A., Kiswanto, Sakinah, & Pahala, I. (2020). Financial leverage
moderates the effect of managerial ownership on accounting conservatism? The Journal of
Finance, Volume 52 (June), pp. 737–83.
14. Lai, S.M. & Liu, C.L. (2017), Management characteristics and corporate investment
efficiency, Asia-Pacific Journal of Accounting & Economics, Pp: 1-18.
15. Nagar, V. Jordan. S & Laura, W. (2019). Conservatism and firm value. Journal of Financial
and Quantitative Analysis 29, 567– 587.
16. Rui, G. Seybert, N & Zhang, F (2017). “INVESTOR SENTIMENT AND ACCOUNTING
CONSERVATISM“.Electronic copy available at: https://ssrn.com/abstract=3049490.
17. Zahro, N. (2021), “Growth Opportunity, Capital Intensity, and Accounting Conservatism: The
Moderating Role of Managerial Ownership” in Academic International Conference on
Literacy and Novelty, KnE Social Sciences, pages 71–77.
18. ZHANG, Y (2017). Corporate governance, corporate social responsibility and accounting
conservatism. Repositorio institucional e-Archivo. 2017-05.
