The Effect of Social Pressure and Aggressive and Conservative Risk Appetite on Decisions in Providing Financial Reporting
Financial reporting is a tool for communicating with the company's environment and the chief financial officer is directly responsible for the preparation and quality of financial reporting. Chief financial officers may abandon their ethical beliefs due to organizational pressures and action to provide fraudulent financial reporting. The purpose of this study is to investigate the effect of social pressure and risk appetite on decisions in providing financial reporting.
This research is applied in terms of purpose and descriptive-survey in terms of research method and the information required for this study was collected in 2021. The statistical population of this study was Chief financial officers and Chief Accountants companies listed on the Tehran Stock Exchange. The sample selection method was based on random sampling that finally, 271 questionnaires were answered and the information obtained has been measurement in statistical analyzes. The study hypotheses have been tested with the structural equation modeling approach using Smart PLS software.
The results show that the obedience social pressure and aggressive risk appetite has positive and significant effect on incorrect decisions in providing financial reporting. Other results showed that conformity social pressure and conservative risk appetite has negative and significant effect on incorrect decisions in providing financial reporting.
The results of this research can be applied in terms of influence risk-based auditing, improving corporate governance mechanisms, increase the quality features of financial reporting and decisions of investors, legislators and other stakeholders.
Contribution:
The research findings, while developing the literature on social pressure and risk appetite, can help increase the quality of financial reporting and the dissemination of fair information to stakeholders, especially shareholders.
- حق عضویت دریافتی صرف حمایت از نشریات عضو و نگهداری، تکمیل و توسعه مگیران میشود.
- پرداخت حق اشتراک و دانلود مقالات اجازه بازنشر آن در سایر رسانههای چاپی و دیجیتال را به کاربر نمیدهد.