The Effect of Organizational Culture on Financial Performance through Innovative Managerial Accounting Techniques at Listed Companies in Tehran Stock Exchange

Organizational culture is the starting point for movement and dynamism. Also, many experts consider organizational culture as the most fundamental context of change and organizational change in line with the new programs.The main purpose of this study was to investigate the effect of organizational culture on financial performance of listed companies in Tehran Stock Exchange through innovative managerial accounting techniques. Target sample consists of 27 of listed companies in Tehran Stock Exchange in 1398. Two questionnaires were used to collect the data. The first questionnaire was designed by the researchers and contained 19 questions related to managerial accounting techniques in the domains of Activity-Based Costing, Balanced Scorecard, Kaizen and Target Costing. The second questionnaire was adopted from Denison’s model and contained 60 question in the domains of Involvement, Consistency, Adaptability and Mission. Collected data were analyzed using the structural Equations Model. The findings of the study show that the organizational culture had effect on the financial performance. However, by adding the innovative managerial accounting techniques as a mediator, the findings demonstrated the effect of innovative managerial accounting techniques on organizational culture on financial performance. The findings of this study provide the shareholders with valuable information in electing board of directors in line with improvement of the company’s financial performance