Investigating the Role of Accounting Conservatism on the Quality of Financial Reporting of Petrochemical Industries

The Purpose of this Research is to Investigate the Role of Accounting Conservatism on the Quality of Financial Reporting of Petrochemical Industries. This Research is an Applied and Developmental Research and the Statistical Population of the Research Includes Managers, Brokers and Shareholders of Companies Admitted to the Tehran Stock Exchange Related to Petrochemical Industries, Which are 11 Companies (Shazand Petrochemical (Sharak), Zagros Petrochemical (Zagores), Pardis Petrochemical (Shapedis), Isfahan Petrochemical (Shasfa), Farabi Petrochemical (Shafara), Shiraz Petrochemical (Shiraz), Persian Gulf Industries Petrochemical (Pers), Khark Petrochemical (Shakharak), Fan Avran Petrochemical (Shafan), Maron Petrochemical (Maron), Petrochemical Jam (Jam)) have Been Selected as Samples by Simple Random. In Order to Collect Data, the Field Method and Questionnaire Were Used. In Order to Analyze the Data, Structural Equation Modeling Method With Partial Least Squares Approach and Smart PLS and SPSS Software Were Used. The Research Results Show that Accounting Conservatism has a Positive and Significant Effect on Reducing the Quality of Financial Reporting in Petrochemical Industries. Also, According to the Obtained Results, Lack of Social Commitment, Lack of Social Responsibility and Lawlessness also have a Positive and Significant Effect on Reducing the Quality of Financial Reporting of Petrochemical Industries.