نوع مقاله : مقاله پژوهشی
نویسندگان
1 خیابان پاسداران کوچه 17
2 گروه حسابداری، واحد شهرکرد، دانشگاه ازاد اسلامی، شهرکرد، ایران.
چکیده
کلیدواژهها
موضوعات
عنوان مقاله [English]
نویسندگان [English]
Expenses classification shifting significantly compromises the quality of core earnings, resulting in misleading information about firms’ core and sustainable performance. Classification shifting can be direct and unintentional consequence of overconfident CEOs’ cognitive bias. Also, overconfident CEOs might consciously and intentionally misclassify recurring expenses as nonrecurring items to inflate core earning. However, if the firms’ financial statements are more comparable to those of their industry peers. Stronger monitoring leads to fewer opportunities to manage earnings. The purpose of the present study is to investigate the impact of managerial overconfidence on expenses classification shifting based on the role of moderating of the comparability of financial statements. The sample consists 130 companies in the period 2015-2022. The results showed that managers' overconfidence leads to an increase expenses classification shifting and a piecemeal decrease classification shifting over time. In addition, the comparability of financial statements acts as an obstacle for managers' overconfidence in expenses classification shifting and piecemeal reducing them over time. Therefore, the market participants should pay serious attention to the overconfident CEOs’ and the compararability of financial statements in order to expenses classification shifting.
کلیدواژهها [English]
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