فصلنامه علمی کارافن

فصلنامه علمی کارافن

اثر آیین‌نامه گزارش تفسیری مدیریت بر رابطه احساس ریسک گزارش‌های سالانه و عملکرد عملیاتی با استفاده از سیستم معادلات همزمان

نوع مقاله : مقاله پژوهشی (کاربردی)

نویسندگان
1 استادیار، دانشگاه آزاد اسلامی، واحد یزد، گروه حسابداری، یزد، ایران
2 دانشجوی دکتری، گروه حسابداری، واحد یزد، دانشگاه آزاد اسلامی، یزد، ایران.
چکیده
احساس ریسک، بر برآورد ریسک توسط سرمایه‌گذاران و تصمیم‌گیری آن‌ها اثر می‌گذارد. با این‌حال، در تصمیم‌گیری مالی، توجه فزاینده‌ای به نقش اطلاعات متنی معطوف می‌شود که ممکن است بینش بیشتری نسبت به نظرات و مقاصد مدیریتی فراهم کند و اخیراً برای پیش‌بینی مؤثرتر عملکرد مالی شرکت استفاده‌شده است. هدف پژوهش پیش رو، بررسی رابطه همزمان احساس ریسک گزارش‌های سالانه و عملکرد عملیاتی 130 شرکت پذیرفته‌شده در بورس اوراق بهادار تهران در بازه زمانی 1388 تا 1401 است. بدین منظور سیستم معادلات همزمان با استفاده از روش رگرسیون دومرحله‌ای برآورد شد و احساس ریسک گزارش‌های سالانه به روش تحلیل محتوا محاسبه گردیده است. نتایج برآورد بیانگر وجود رابطه دوطرفه بین احساس ریسک گزارش‌های سالانه با نرخ بازده دارایی و نرخ بازده فروش و همچنین عدم وجود رابطه دوطرفه بین احساس ریسک گزارش‌های سالانه و نرخ بازده حقوق صاحبان سهام در شرکت‌های پذیرفته‌شده در بورس اوراق بهادار تهران است. همچنین رابطه بین احساس ریسک گزارش‌های سالانه با نرخ بازده دارایی و نرخ بازده حقوق صاحبان سهام نسبت به تأثیرگذاری گزارش تفسیری مدیریت معناداری می‌باشد.
کلیدواژه‌ها
موضوعات

عنوان مقاله English

The Effect of Management Interpretative Report Regulations on the Relationship between Risk Sentiment of Annual Reports and Operational Performance Using the System of Simultaneous Equations

نویسندگان English

akram taftiyan 1
fatemeh mansouri mohammad abadi 2
1 Assistant Professor, Islamic Azad University, Yazd Branch, Accounting Department, Yazd, Iran
2 Ph. D. Student, Department of Accounting, Yazd Branch, Islamic Azad University, Yazd, Iran.
چکیده English

Sentiment of risk affects the estimation of risk by investors and their decision making. However, in financial decision-making, increasing attention is being paid to the role of contextual information, which may provide more insight into managerial opinions and intentions, and has recently been used to more effectively predict a company's financial performance. The aim of the upcoming research is to investigate the simultaneous relationship between risk sentiment of annual reports and operational performance of 130 companies admitted to the Tehran Stock Exchange in the period from 2008 to 2021. For this purpose, the system of simultaneous equations was estimated using the two-stage regression method, and the risk sentiment of the annual reports was calculated using the content analysis method. The estimation results show the existence of a two-way relationship between the risk sentiment of annual reports with the asset return rate and the sales return rate, as well as the absence of a two-way relationship between the risk sentiment of annual reports and the equity return rate in companies listed on the Tehran Stock Exchange. Also, the relationship between the risk sentiment of annual reports with the rate of return on assets and the rate of return on equity relative to the influence of the management's interpretive report is significant. Keyword: Risk Sentiment, Operational Performance, Management's Interpretive Report, Annual Reports.

کلیدواژه‌ها English

Risk Sentiment
Operational Performance
Management'
s Interpretive Report
Annual Reports
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دوره 22، ویژه نامه
علوم انسانی
پاییز 1404
صفحه 522-552

  • تاریخ دریافت 22 دی 1402
  • تاریخ بازنگری 02 مرداد 1403
  • تاریخ پذیرش 21 شهریور 1403