تأثیر سازوکارهای حاکمیت شرکتی و ارتباطات سیاسی بر محافظه‌کاری حسابداری در شرکت‌های پذیرفته‌شده در بورس اوراق بهادار تهران

پژوهش های مالی و رفتاری در حسابداری

مقاله 6، دوره 1، شماره 2، آذر 1400، صفحه 100-122   

نوع مقاله: مقاله پژوهشی

شناسه دیجیتال (DOI): 10.30486/fbra.2021.1934745.1017

نویسندگان

امید پورحیدری¹؛ علی کیانی^{* 2}؛ فرید براتی³

¹استاد حسابداری، گروه حسابداری، دانشکده مدیریت و اقتصاد، دانشگاه شهید باهنر کرمان، کرمان، ایران

²کارشناس ارشد حسابداری، دانشگاه شهید باهنر کرمان، کرمان، ایران

³کارشناس ارشد حسابداری، دانشگاه شهید چمران اهواز، اهواز، ایران

چکیده

چکیده
لازمه موفقیت و عملکرد مناسب شرکت‌ها، وجود ساختار حاکمیت شرکتی قوی برای نظارت بهتر بر مدیریت و استفاده از محافظه‌کاری جهت بهبود عملکرد مالی است. هدف پژوهش حاضر، بررسی تأثیر حاکمیت شرکتی و ارتباطات سیاسی بر محافظه‌کاری حسابداری در شرکت‌های پذیرفته‌شده در بورس اوراق بهادار تهران است. نمونه‌ آماری پژوهش به روش حذف سیستماتیک، از میان شرکت‌های پذیرفته‌شده در بورس اوراق بهادار تهران در بازده زمانی 1390 تا 1398 که حجم آن 140 شرکت می‌باشد، انتخاب شده است. همچنین، برای آزمون فرضیه‌ها‌ی پژوهش از روش رگرسیون داده‌های ترکیبی بهره گرفته شده است. نتایج حاصل از آزمون فرضیه‌‌های پژوهش حاکی از آن بود که اندازه هیئت‌مدیره تأثیر مثبت و معناداری بر محافظه‌کاری حسابداری ندارد.استقلال هیئت‌مدیره، کیفیت حسابرسی و مالکیت مدیریتی تأثیر مثبت و معناداری بر محافظه‌کاری حسابداری در شرکت‌های پذیرفته‌شده در بورس اوراق بهادار تهران دارند. همچنین، نتایج نشان داد مالکیت دولتی و روابط سیاسی تأثیر منفی و معناداری بر محافظه‌کاری حسابداری در شرکت‌های پذیرفته‌شده در بورس اوراق بهادار تهران دارند.
واژه های کلیدی: محافظه‌کاری حسابداری، حاکمیت شرکتی، ارتباطات سیاسی.

کلیدواژه‌ها

محافظه‌‌کاری حسابداری؛ حاکمیت شرکتی؛ ارتباطات سیاسی

مراجع

Ahmadpour, A., Kashanipour, M., & Shojaei, M.R. (2010). Investigating the effect of corporate governance and audit quality on the cost of financing through debt. Accounting and auditing reviews, 17(62), 17 - 32. (In Persian).

Badavarhandi, Y., & Taghizadeh Khaneghah, V. (2018). The Impact of Political Communication on Over-Investment and Corporate Performance. Accounting and auditing reviews, 25(2), 181-198. (In Persian).

Bani Mahd, B., Hasas Yeganeh, Y., & Yazdanian, N. (2013). Political Relations and Auditor Change: Evidence from Private Sector Auditing Institutions. Management accounting and auditing knowledge, 2(8), 1-12. (In Persian).

Bani Mahd, B. (2011). The effect of accounting conservatism on debt. Management Futurology, 22(88), 107-120. (In Persian).

Basu, S. (1997) .The Conservatism Principle and The Asymmetric Timeliness of Earnings. Journal of Accounting and Economics, 24(1), 3-37.

Bliss, M. A., & Gul, F. A. (2012). Political connection and cost of debt: Some Malaysian evidence. Journal of banking and finance, 36(5), 1520-1527.

Chaney, P.K., Faccio, M., & Parsley, D. (2012). The quality of accounting information in politically connected firms. Journal of Accounting and Economics, 51(1-2), 58-76.

Chen, D., Jieying, L., Shangkun, L., & Guojun, W. (2011). Macroeconomic Control, Political Costs and Earnings Management: Evidence from Chinese Listed Real Estate Companies. Journal of Accounting Research, 4(3), 91–106

Chen, X., & Yur-Austin, J.  (2007). Re-Measuring Agency Costs the Effectiveness of Blockholders. The Quarterly Review of Economics and Financ, 47)5), 588-601.

Chi, W., Liu, C., & Wang, T. (2009). What Affects Accounting Conservatism: A Corporate Governance Perspective. Journal of Contemporary Accounting & Economics, 5(1), 47-59.

Ebrahimi Kordler, A., & Shahriari, A. (2009). Investigating the relationship between political spending and conservatism (political hypothesis) in Tehran Stock Exchange. Accounting and auditing reviews, 16 (57), 3-16. (In Persian).

Emami, A., Badiee, H., & Tarivardi, Y. (2016). The Impact of Corporate Governance on Accounting Conservatism. Economic Journal, 16(7), 79- 92). (In Persian).

Givoly, D., & Hayn, C. (2000). The changing time-series properties of earnings, cash flows and accruals: Has financial reporting become more conservative? Journal of accounting and economics, 29(3), 287-320.‏

Habib, A., Muhammadi, A. H., & Jiang, H. (2017). Political connections and related party transactions: Evidence from Indonesia. The International Journal of Accounting, 52(1), 45-63.‏

Hajiha, Z., & Sobhani, N. (2012). The investigation of effect of industry specialist auditor on cost of equity capital and interest rate on debt capital in firms listed in Tehran Stock Exchange. Journal of Management Accounting and Auditing Knowledge, 1(3). 35-46.

Hasas Yeganeh, Y. & Ahmadi, M. (2013). Relationship between corporate governance mechanisms and conservatism, Empirical studies of financial accounting. 10 (38) .29-52.­(In Persian).

Hasas Yeganeh, Y. & Shahriari, A. (2010). Investigating the Relationship between Ownership Concentration and Conservatism in Tehran Stock Exchange, Financial Accounting Research. 2 (2) .77 - 94. (In Persian).

Hu, F, Stewart, J., & Tan, W. (2017). CEO’s political connections, institutions and audit opinions. Pacific Accounting Review. 29(3).283-306.

Islami Bidgoli, Gh, Nikomram, H, Bani Mahd, B, & Mirsapasi, N. (2011). Accounting conservatism and financial crisis of companies listed on the Tehran Stock Exchange. Financial knowledge of securities analysis (financial studies), 4 (9). 125-146. (In Persian).

Nasir zadeh, F., & Kam, M. (2013). Investigating the Relationship between Ownership Structure and Accounting Conservatism, Iran National Accounting Conference - Ministry of Science, Research and Technology. 11. 1-21. (In Persian).

Kaplan, S. E., & Williams, D. D. (2013). Do going concern audit reports protect auditors from litigation? A simultaneous equations approach. The Accounting Review, 88(1), 199-232.

Kazemi, H, Beshkooh, M, & Ismaili, M. (2017). The Impact of Corporate Governance on Accounting and Profit Management Conservatism in Companies Listed on the Tehran Stock Exchange, Management and Accounting Studies. 3 (3). 169-188. (In Persian).

Khan, A., Mihret, D. G., & Muttakin, M. B. (2016). Corporate political connections, agency costs and audit quality. International Journal of Accounting & Information Management. 24(4).357-374.

Khodamipour, A, & Younes B. (2013). Investigating the relationship between product market competition and board structure and disclosure quality, Accounting knowledge. 4 (14). 51-66. (In Persian).

Kim, J. B., & Zhang, L. (2016). Accounting conservatism and stock price crash risk: Firm‐level evidence. Contemporary accounting research, 33(1), 412-441.

Lara, J. M. G., Osma, B. G., & Penalva, F. (2009). Accounting conservatism and corporate governance. Review of accounting studies, 14(1), 161-201.‏

Levitt Jr, A. (1998). The numbers game. The CPA Journal, 68(12), 14-19.

Lim, R. (2009). The relationship between corporate governance and accounting conservatism. The University of New South Wales.

Majeed, M. A., Zhang, X. Z., & Wang, Z. (2017). Product market competition, regulatory changes, ownership structure and accounting conservatism: evidence from China. Chinese Management Studies. 11(4).658-688.

Maleki, E, Ebrahimi, K, & Jalali, F. (2019). The impact of corporate life cycle on the level of conservatism, financial accounting research and auditing. 11 (44). 59-78. (In Persian).

Mohammed, N. F., Ahmed, K., & Ji, X. D. (2017). Accounting conservatism, corporate governance and political connections. Asian Review of Accounting. 25(2).288-318.

Moradzadeh Fard, M., Bani Mahd, B., & Dindar Yazdi, M. (2011). Investigating the relationship between accounting conservatism and corporate governance system, Management accounting. 4 (1). 89-102. (In Persian).

Nasirzadeh, F., Oradi, J., & Rajabalizadeh, J. (2017). The effect of audit committee characteristics on conditional conservatism, Journal of Audit science. 17 (68) .83-105. (In Persian).

Pourheidari, O., & Hemmati, D. (2004). Investigating the effect of debt contracts, political expenses, reward schemes and ownership on earnings management in companies listed on the Tehran Stock Exchange, Accounting and auditing reviews. 11 (36) .47-63. (In Persian).

Rezaei, S., & Mohammadzadeh, A. (2018). Investigating the Impact of Corporate Governance on Financial Performance and Financial Crisis of Companies Listed in the Stock Exchange, Journal of Development and Transformation Management. 3 (32). 81-88. (In Persian).

Rezazadeh, J. (2015). The Effect of Concentration of Ownership and Government Ownership on Accounting Conservatism, Financial Accounting Knowledge. 2 (2). 33-72. (In Persian).

Ryan, S. G. (2006). Identifying conditional conservatism. European accounting review, 15(4), 511-525.‏

Salehi, M, Abbaszadeh, M, & Ahmadi, A. (2019). Investigating the effects of conditional and unconditional labor protection on companies' investment behavior and future returns, financial accounting research and auditing. 11 (42). 1-22. (In Persian).

Stayesh, M, & Ebrahimi, F. (2011). Investigating the effect of corporate governance mechanisms on the information content of the profits of companies listed on the Tehran Stock Exchange, Accounting knowledge. 3 (8). 31 - 48. (In Persian).

Suleiman, S. (2014). Corporate governance mechanisms and accounting conservatism. Journal of Management Policies and Practices, 2(2), 113-127.‏

Surgi, M, & Rakhshani, M. (2017). Investigating the Relationship between Public Ownership Structure and Accounting Conservatism of Companies Listed on the Tehran Stock Exchange, 3rd International Conference on Management and Accounting Techniques. (In Persian).

Tari Verdi, Y, & Badiee, H. (2016). The Impact of Corporate Governance on Accounting Conservatism, Bimonthly Review of Economic Issues and Policies. 7 (8). 79-92. (In Persian).

Thai, K, & Kuntisook, K. (2012). Accounting Conservatism and Controlling Shareholder Characteristics: Empirical Evidence from Thailand, www. ssrn. Com. Faculty of Commerce and Accountancy Chulalongkorn University, Thailand, 1-47.

Vakilifard, H, & MaranJori, M. (2014). Investigating the Relationship between Auditor tenure and Accounting Conservatism in Iran, Empirical Accounting Research. 4 (3). 209-224. (In Persian).

Watts, R. L. (2003). Conservatism in accounting part I: Explanations and mplications. Accounting horizons, 17(3), 207-221.

Yin, M., Zhang, J., & Han, J. (2020). Impact of CEO-board social ties on accounting conservatism: Internal control quality as a mediator. The North American journal of economics and finance, 52, DOI: 10.1016

Zraiq, M. A. A., & Fadzil, F. H. B. (2018). The impact of ownership structure on firm performance: Evidence from Jordan. International Journal of Accounting, Finance and Risk Management, 3(1), 1-4.