جستجوی مقالات مرتبط با کلیدواژه « financial stability » در نشریات گروه « حسابداری »

When the company is in a stable state, its value is enhanced from the perspective of investors, creditors, and the general public, and the company's short-term and long-term performance is determined as a function of multiple management policies. Considering that the result of management policies can be evaluated with the value chain performance index of the company, The purpose of this research is to investigate the effect of value chain performance on profitability, financial stability, as well as financial health and going concern. On the other hand, its effect on the company's bankruptcy risk has been investigated.

The statistical population of the research includes all active companies in the Tehran Stock Exchange; However, by applying the necessary restrictions, the number of 142 active companies in the period of 11 years, i.e. from 2011 to 2021, has been examined. To measure the performance of the value chain by purposefully determining the input and output variables, Stochastic Frontier Analysis (SFA) function approach has been used. Also, multiple regression has been used to test the research hypotheses.

The findings of the research showed at the confidence level of 95%, the performance of the company's value chain has a positive effect on the profitability index, financial stability, as well as financial health and going concern. But they significantly have a negative effect on the bankruptcy risk.

The results of the present research showed that the performance of the set of steps in the value chain of listed companies, while improving the financial performance, had a favorable effect on their financial health and stability, as well as their survival, and as a result, the probability of their bankruptcy was reduced. Although the value chain performance evaluation index has a score of less than 50%, the overall performance of companies can contribute to the economic growth and development of the country and the optimal allocation of resources.

Contribution: 

Evaluating the performance of the set of components of the company's value chain in the form of a single index is particularly important for researchers as a result of multiple management policies; In addition, it can help in the proper selection of investors, the correct assessment and advice of consultants and analysts, the decision-making and planning of company managers, as well as the direction and control of the capital market and macroeconomics by statesmen.

Today, the environment is considered as one of the most important pillars of sustainable development, and the development of other economic and social sectors depends on sustainability and its proper functioning. In this regard, the main purpose of this study is to integrate environmental considerations, apply the real costs of the value of environmental goods and services in the country's policies and programs, tax resources and also propose a model for preparing a social accounting matrix, which are important tools. Introduced for sustainable planning. The purpose of this study is to examine more closely the quantitative link between economic activities, economic and social institutions, environment and energy in the form of social accounting system in Iran. Considering that no special work has been done in this field of research in Iran, and considering the importance of this issue in the world, as well as since the interrelationship between the economy and the environment in Iran is very important and the country Iran is one of the most polluted countries in the world in terms of environmental pollution; The need for research to examine the relationship between economic, social and environmental systems is essential. In this study, the Iranian social accounting matrix is introduced by considering the considerations related to tax and environmental components.

Recent corporate scandals, global financial crises, and global environmental issues have led to a growing demand from diverse stakeholders for transparency and regular disclosure of information. The financial statements provide all the financial information related to the financial condition, financial performance and cash flows of the company that is beneficial to all stakeholders. Accordingly, these statements are not merely a set of numbers, but a means of making economic decisions for multiple stakeholders. The importance of the content of financial statement information motivates management to improve its performance to ensure the existence and survival of the company. But sometimes the company can not perform well, so the information in the financial statements will not be satisfactory. This is why management tends to commit fraud, so it manipulates financial statement information to make it look good. For many years, fraudulent reporting has become an important topic that has attracted the attention of many researchers to investigate its determinants. The history of many cases of corporate fraud has shown that management fraud has the most serious and most threatening effects. Organizational management fraud reflects a failure in the corporate governance structure, because the mechanisms that limit the extravagance of senior managers are essentially embedded in corporate governance.A company's financial sustainability is defined in terms of its ability to facilitate and enhance economic resources, manage risks, and resolve shocks. In cases where the financial condition of the firm is unstable and growth is below industry average, management may be inclined to fraudulent financial reporting to present a picture of stable and robust financial health of the company. Fraudulent reporting is considered as a failure in its corporate governance structure. So, it is argued that the higher the quality of corporate governance, the lower the propensity for fraudulent reporting. Assets are a reflection of the wealth of a company that can be used as a benchmark by investors. In many studies, asset growth has been introduced as a measure of financial stability, in addition, Z-Score has been used as a measure of financial stability which assesses the distance from insolvency and the likelihood of bankruptcy. The higher the Z-Score, the lower the risk of bankruptcy and financial distress of company, and therefore the greater the financial stability. In general, companies with good financial stability tend to avoid from the pressure so that they control themselves not to commit fraudulent practices, while the companies with financial distress tend to have a greater pressure to commit fraudulent practices. Therefore, they will have more motivation to commit fraud. Accordingly, the purpose of this study is to Empirical test the association between financial stability and fraudulent financial reporting and to examine the moderating role of quality of corporate governance mechanisms on this relationship. 

The research is applied in terms of purpose, cross-sectional in terms of execution time and descriptive-correlation in terms of the nature of execution. In order to Empirical test the association between financial stability and fraudulent financial reporting and to examine the moderating role of quality of corporate governance mechanisms on this relationship, Four research hypotheses were presented as follows:Hypothesis 1: There is a significant relationship between the growth of company assets (financial stability) and the likelihood of fraudulent financial reporting.Hypothesis 2: The lower the Z-Score (financial stability), the greater the likelihood of fraudulent financial reporting.Hypothesis 3: The quality of corporate governance mechanisms moderates the relationship between asset growth (financial stability) and fraudulent reporting.Hypothesis 4: The lower the Z-Score (financial stability), the lower the likelihood of fraudulent financial reporting as the quality of corporate governance mechanisms increases.research sample includes 102 companies listed on the Tehran Stock Exchange during the period 2016 to 2020 were used. financial stability is measured by using asset growth and Z-Score and research hypotheses were tested using logistic regression.

In the first two hypotheses, the relationship between financial stability in terms of asset growth criteria and Z-Score with fraudulent financial reporting was proposed. The results of testing the first hypothesis indicate a positive and significant relationship between asset growth and fraudulent financial reporting. This indicates that an increase in the ratio of changes in net assets increases the risk of fraudulent financial reporting. The results of testing the second hypothesis showed that there is no significant relationship between Z-Score and fraudulent financial reporting, although the negative coefficient of the variable indicates a negative relationship between this two variables.In the third and fourth hypotheses, the moderating role of the quality of corporate governance mechanisms on the relationship between financial stability (in terms of its dual criteria) and fraudulent financial reporting was investigated. The quality of corporate governance mechanisms were measured and considered in three headings: board of directors index, shareholders' rights index and information transparency index.The results of the third hypothesis test showed that the interactive relationship of financial stability in terms of asset growth and quality of corporate governance mechanisms is not significant in two of the three indicators, in other words, the quality of corporate governance mechanisms on the relationship between financial stability and fraudulent financial reporting, adjusting role does not have.The result of examining the moderating role of all three indicators of corporate governance mechanisms on the relationship between financial stability in terms of Z-Score and fraudulent financial reporting has shown that the shareholders' equity index is not significant. In other words, the high quality of corporate governance mechanisms in terms of shareholder rights reduces the possibility of fraudulent reporting in the absence of a Z-Score. Regarding the indicators of board of directors and information transparency, the significance of the interactive variable of corporate governance quality and Z-Score indicates the moderating role of this index.

Under conditions of weak financial stability, the fraudulent financial reporting motivation increases. This motivation is doubled in an environment with inappropriate controls. In financial instability, improving the quality of corporate governance mechanisms can reduce the likelihood of fraudulent financial reporting. Despite the fact that the new corporate governance requirements have been mentioned with reference to financial stability, but considering that there are several indicators for measuring financial sustainability, it is suggested that more requirements be set by considering other indicators of financial stability.

The social security system is considered as a basic prerequisite for economic, social and cultural development in any country and a lever with the importance of establishing social justice in the world's civil societies. Due to the high importance of the issue of financial sustainability assessment in the Social Security Organization, this study aims to identify the factors affecting the financial sustainability of the country's Social Security Organization and introduce strategies to improve the financial sustainability of the organization.Using the grounded theorizing method, through interviews with 19 experts by snowball sampling method, by reviewing the research literature and consulting with experts, interview questions were designed as semi-structured interviews and data were collected.Findings show that demographic factors, employment level, coercive accidents, economic sanctions, resistance to controls, support ratio, human capital and insurance policies are considered as determining the financial sustainability of the Social Security Organization. Political-economic factors, cultural contexts and insurance policy, and resource-expenditure management, appointment of managers, investment security, and government debt accumulation also affect an organization's financial sustainability. Actuarial calculations, regulatory system, multi-layered social security system, business environment, pension system reform, reform and improvement of financing systems, investment management, segregation of duties of the protection-insurance system, information system integration and implementation of government obligations as strategies affect the financial sustainability of the Social Security Organization. Financial stability of the Social Security Organization improves the social welfare.

The main purpose of this study is to identify and rank the factors affecting the financial stability of companies listed on the Tehran Stock Exchange. In order to identify the factors affecting the financial stability of companies, while reviewing the studies, semi-structured interviews were conducted using the qualitative method of theme analysis. Experts interviewed: 20 university professors, CEOs and senior auditors with accounting and management degrees. A review of the literature, research, and interview results reveals five main themes that categorize the factors affecting financial stability in companies. In this study, key factors have been identified and then the fuzzy Delphi technique has been used to rank and find the degree of importance of the factors. The results showed that performance factors, resource management, financial structure, liquidity and finally the characteristics of the company are effective in the financial stability of companies, respectively.

In examining the financial health of banks, selecting and defining indicators is one of the key steps. The purpose of this research is to create indicators for measuring the financial health of Iranian commercial banks in terms of banking and academic experts. To this end, 1000 questionnaires were collected during the year 2018 from the banking experts of all commercial banks of the country that have two concurrent conditions: a) having a bachelor's degree in accounting, banking, economics and management; b) Having a senior management experience of over 5 years in the bank, as well as academic experts. Of these, 715 items were collected at a return rate of 5.71%, of which 507questionnaires were available. The research method is descriptive-correlational. For data analysis and testing of hypothesis, R software and confirmatory factor analysis were used. The findings showed that from the perspective of banking and academic experts, capital adequacy, asset quality, profitability, liquidity, management quality, market risk sensitivity, Islamic banking, corporate governance, and facilities with technical and economic backing have effect on financial health Banks, and from which, liquidity index, market risk sensitivity and management quality have the most impact.

The aim of this paper is to investigate the effect of competition on the financial stability of non-manufacturing companies (financial and insurance institutions). The research branch and ex post facto quasi-experimental research is based on the actual stock market and financial statements of companies listed on the Stock Exchange is done. In this study, financial information 21 companies listed in Tehran Stock Exchange during the period 2010 to 2014. For analyzing the results, multivariate linear regression was used.The results imply that there is a significant relationship between the competitiveness of the market and financial stability.