نوع مقاله : مقاله پژوهشی
نویسندگان
1 استاد حسابداری، دانشکده تجارت و مالیه، دانشگاه تهران، تهران، ایران.
2 کارشناسی ارشد حسابداری، مؤسسه آموزش عالی کار، قزوین، ایران.
3 کارشناسی ارشد حسابداری، دانشگاه شیراز، شیراز، ایران.
چکیده
کلیدواژه‌ها
موضوعات
عنوان مقاله [English]
نویسندگان [English]
Product market conditions are an important factor that affects the balance of benefits and costs of CEO power. On the one hand, competition in the product market, as an external mechanism of corporate governance, can reduce the possibility that the management will use its power for opportunistic behavior and affect the readability of the company's financial reports. On the other hand, increasing the cost of disclosing information in competitive market conditions, maintaining a competitive position and personal interests may create incentives for powerful managers to disclose financial reports that are more complex and less readable. Therefore, the purpose of this research is to investigate the effect of competition in the product market on the relationship between the CEO's power and the readability of financial reports. Research hypotheses were tested for 105 companies admitted to the Tehran Stock Exchange between 2016 and 2022. The results show that there is a positive and significant relationship between the CEO's power and the readability of financial reporting. Also, competition in the product market has a decreasing moderating effect on the relationship between the CEO's power and the readability of financial reporting.
کلیدواژه‌ها [English]
)