مقاله پژوهشی: ارائه مدلی برای بقای شرکت ها در بازار سرمایه ایران: برآزش مدل "پوتانگ"

نوع مقاله : مقاله پژوهشی

نویسندگان

1 دانشجوی دکتری گروه حسابداری، واحد بناب، دانشگاه آزاد اسلامی، بناب، ایران

2 دانشیار گروه حسابداری، واحد بناب، دانشگاه آزاد اسلامی، بناب، ایران

3 دانشیار گروه مدیریت مالی، دانشگاه الزهراء، تهران، ایران

4 استادیارگروه حسابداری، دانشگاه آزاد اسلامی، ارومیه،واحد ارومیه، ایران

چکیده

      شرکت‌ها به‌طور مستمر برای بقای خود با چالش مواجه‌اند. ورود موفق شرکت ها به بازار سرمایه و رقابت در آن با عدم اطمینان بالایی همراه است و محدودیت‌های گوناگونی دارد. ازاین‌رو، تعداد زیادی از شرکت‌ها مخصوصاً شرکت‌های جدید پس از ورود، بازار سرمایه را زود ترک می‌کنند. پژوهش حاضر، با پیروی از پژوهش پوتانگ(2011) به ارائه مدلی برای بقای شرکت‌ها از طریق پیش‌بینی روابط علَی میان پایداری حسابداری و بقای شرکت‌ها با تأکید بر نقش تعدیلی ارزش بازاری مطلوب، تعهدات انگیزشی کارکنان و پذیرش ذینفعان برجسته پرداخته است. جامعه آماری این پژوهش، مدیران  و کارشناسان مالی شرکت‌های مورد بررسی بوده و جهت گردآوری داده‌ها از پرسش‌نامه استاندارد استفاده‌شده است. پس از انجام آزمون‌های پایایی و روایی داده‌های نمونه، تحلیل‌های مربوط بر اساس رویکرد مدل یابی ساختاری[1] صورت گرفت. نتایج پژوهش نشان می‌دهد که بقای شرکت‌ها تحت تأثیر پذیرش ذینفعان برجسته قرار می‌گیرد. به‌عبارتی‌دیگر به رسمیت شناختن نقش آشکار سهامداران، مسئولیت نسبت به رفاه جامعه و مسئولیت‌های اخلاقی موجب افزایش بقای شرکت‌ها می‌شود. همچنین، پایداری حسابداری(آگاهی اخلاق حسابداری، فعالیت‌های داوطلبانه حسابداری، شفافیت طرز تفکر حسابداری، افشای سرمایه انسانی و گزارشگری مسئولیت اجتماعی) بر ارزش بازار مطلوب، تعهدات انگیزشی کارکنان و پذیرش ذینفعان برجسته تأثیر معنی‌داری دارد.



[1] Lineal  Structural  Relations

کلیدواژه‌ها

موضوعات


عنوان مقاله [English]

Developing a Model for Firms Survival in Iranian Capital Market: Based on the "Puteong" model

نویسندگان [English]

  • Farzad Ghaderi 1
  • Asgar Pakmaram 2
  • Hasan Ghalibafasl 3
  • Jamal Bahri sales 4
1 Ph.D. Student, Department of Accounting, Bonab Branch, Islamic Azad university, Bonab. Iran
2 Associate Prof., Department of Accounting, Bonab Branch, Islamic Azad University, Bonab, Iran
3 Associate Prof., Department of Financial Managment,Alzahra University, Tehran, Iran
4 Assistant Prof., Department of Accounting, urmia Branch, Islamic Azad University, urmia, Iran
چکیده [English]

Companies face everlasting challenges to survive. Successful introduction to a market and competition is always with a high level of uncertainty and is limited in many ways. Thus, a huge number of companies especially the ones founded recently leave the capital market very soon. Theoretically embedded in Putang (2011)’s  model, this study is to develop a model for the survival of companies using the causative relationships between sustainability of accounting and survival of companies with an emphasis on moderating role of desirable market value, motivational commitment of employees and acceptance of prominent stakeholders.  The population in this study included a set of selected companies. The data were also collected using a standard questionnaire. Firstly, the reliability and validity tests were administered on sample data. Then, based on the model of Lineal Structural Relations, the data were analyzed. Findings revealed that that survival of companies is affected by acceptance of prominent stakeholders. In other words, recognition of the overt role of stockholders, responsibility toward welfare in society and ethical responsibilities increase the survival rate for companies. Furthermore, sustainability of accounting (awareness of accounting ethics, voluntary accounting activities, transparency of accounting ideology, divulging human capital and reporting social responsibility) significantly affect desirable market value, motivational commitment of employees and acceptance of prominent stakeholders.

کلیدواژه‌ها [English]

  • Firm Survival
  • Accounting Sustainability
  • PLS
 
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