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The Effect of Business Strategy on Financial Reporting Quality of the Companies by Considering Managerial Overconfidence | ||
| Interdisciplinary Journal of Management Studies (Formerly known as Iranian Journal of Management Studies) | ||
| دوره 17، شماره 4، دی 2024، صفحه 1031-1041 اصل مقاله (499.04 K) | ||
| نوع مقاله: Research Paper | ||
| شناسه دیجیتال (DOI): 10.22059/ijms.2024.358492.675812 | ||
| نویسندگان | ||
| Vahab Rostami* 1؛ Mehdi Mohammadi2؛ Mehdi Mehravar1؛ Hamed Kargar1 | ||
| 1Department of Accounting, Faculty of Management and Accounting, Payame Noor University, Tehran, Iran | ||
| 2Department of Accounting, Faculty of Management and Accounting, Zanjan Branch, Islamic Azad University, Zanjan, Iran | ||
| چکیده | ||
| The present study aims to investigate the impact of companies’ business strategies on financial reporting quality taking into account the effect of managers' overconfidence. The data of 140 companies listed on the Tehran Stock Exchange for ten years, from 2013 to 2022, were collected based on the systematic deletion model, and hypotheses were tested using multivariate linear regression. The results revealed the type of strategy chosen by companies significantly affects the quality of financial reporting. Companies that pursue aggressive strategies demonstrate better financial reporting quality compared with defensive companies, which aligns with previous research results. Bermpei (2021) showed that companies’ operating policies significantly impact financial reporting. The results also revealed that managerial overconfidence has a significant adverse effect on financial reporting quality; it reduces the significant impact of business strategy on the quality of financial reporting. In companies with overconfident managers, the significant impact of business strategy on the financial reporting quality is decreased. The findings provide valuable insight into the importance of selecting an appropriate business strategy for enhancing companies' financial reporting quality, which should be considered by professional authorities to strengthen the quality of financial reporting. | ||
| کلیدواژهها | ||
| " Business strategy" The quality of financial reporting"؛ " Overconfidence " | ||
| مراجع | ||
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