The Relationship between Corporate Cultural Dimensions and Management Behavior (Optimism) with Financial Reporting Risk in Tehran Stock Exchange

Document Type : Research Paper

Authors

1 accounting department, Islamic Azad University, East Tehran Branch

2 accounting department, associate professor of Islamic Azad University, East Tehran Branch

Abstract

The purpose of this study is to investigate the relationship between corporate culture and management behavior (optimism) with financial reporting risk in companies listed in Tehran Stock Exchange. The population of the present study consists of companies listed in Tehran Stock Exchange from 2008 to 2014 and sample size is equal to 109 companies by using screening method after the elimination of outlaying observations. This study is an applied study in terms of purpose. The design used in this study is of ex post facto type (by using past information and data). For collecting information, bibliographical method is used and information was collected from Stock Exchange Organization website, Rahavard Novin and Tadbir Pardaz applications. In this study, considering the existing type of data and statistical analysis methods, panel data method was used. The results obtained from data analysis by using multivariable linear regression based on panel data with fixed effects indicated that there is a direct and significant relationship between corporate culture and management behavior (optimism) with financial reporting risk in companies listed in Tehran Stock Exchange.

Keywords

References

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History

  • Receive Date: 22 February 2017
  • Revise Date: 02 May 2017
  • Accept Date: 24 May 2017

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