The impact of board dynamics on the restatement of financial statements

Re-presentation of financial statements is negligence and reporting shortcomings. Confirmation that previous financial statements are unreliable. Such shortcomings have a variety of potential causes and effects that can affect the health of the company and raise questions about the integrity and expertise of individuals that affect their reporting, operations and compliance. The work of executives is of particular importance in order to safeguard the ownership interests of shareholders. The secret of a company's success depends on its good leadership, so it can be argued that the secret of the immortality of well-known companies lies in their having an effective and efficient board of directors. Therefore, the purpose of this study is to investigate whether the dynamics of the board affect the restatement of financial statements or not? The statistical population of companies listed on the Tehran Stock Exchange between 1394 and 1398 and using the information of 100 companies and multivariate linear regression method, the hypothesis was tested. have. That is, with the increase of the dynamics of the board of directors, the restatement of the financial statements of the companies listed on the Tehran Stock Exchange decreases.