Reporting Quality of Financial Information Based On Behavioral and Value Accounting

Advances in Mathematical Finance and Applications

مقاله 7، دوره 5، شماره 1، فروردین 2020، صفحه 95-111   

نوع مقاله: Research Paper

شناسه دیجیتال (DOI): 10.22034/amfa.2019.582810.1164

نویسندگان

Roya Izi¹؛ Mansoor Garkaz^{* 1}؛ Parviz Saeidi²؛ Alireza Matoofi³

¹Accounting Department, Gorgan Branch, Islamic Azad University of Gorgan, Iran

²Accounting Department, Ali Abad-Katoul Unit, Islamic Azad University, Ali Abad-katoul, Iran

³Management Department, Gorgan Branch, Islamic Azad University of Gorgan, Iran

چکیده

The purpose of this research is to provide a model for reporting quality of financial information based on behavioral and value accounting of listed companies in Tehran Stock Exchange which is based on Structural Equation Modeling. This research in terms of applied purpose is applied research and in terms of data collection method is post-semi experimental research in the field of proofing accounting research with deductive- inductive approach. The statistical population of this is including the sample of 128 listed companies in the Tehran Stock Exchange between 2007 and 2017. The behavioral characteristics of managers (hidden variables) is measured by observable variables of myopia, opportunistic behavior and over confidence of managers and the value content of accounting information (hidden variable) is evaluated by the observable variables of relevance of profit and relevance of book value. And reporting quality of financial information is also investigated based on the scores accrued to each company and the announcement published by the Tehran Stock Exchange based on the companies' rating in terms of the quality of reporting and proper notification. After insuring the acceptable fitness of the measurement pattern and the structure of research in both approaches; Structural Equations Modeling and regression, the results indicate that there is a significant negative relationship between the behavioral characteristics of managers and the reporting quality financial information. Also, there is a positive and significant relationship between value content of accounting information and reporting quality of financial information.

کلیدواژه‌ها

Financial Information؛ structural equation modeling؛ Behavioral Accounting؛ Value Accounting

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