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Article
Publication date: 19 November 2018

Mahdi Salehi, Nasrin Ziba and Ali Daemi Gah

The purpose of this paper is to investigate the relationship between financial reporting and cost stickiness in companies listed on the Tehran Stock Exchange.

Abstract

Purpose

The purpose of this paper is to investigate the relationship between financial reporting and cost stickiness in companies listed on the Tehran Stock Exchange.

Design/methodology/approach

Data of all Iranian manufacturing listed companies gathered for testing hypotheses during 2010–2016 and R statistical software are employed in order to analyzing data.

Findings

The results of this study indicate that there is a significant relationship between administrative, sale, material, labor and overhead costs and the financial reporting qualities of the companies under study.

Originality/value

The study focuses on relationship between financial reporting and cost stickiness in companies listed on the Tehran Stock Exchange, which is the first study of its type in Iran.

Details

International Journal of Productivity and Performance Management, vol. 67 no. 9
Type: Research Article
ISSN: 1741-0401

Keywords

Article
Publication date: 8 April 2019

Mahdi Salehi, Mohamad Reza Fakhri Mahmoudi and Ali Daemi Gah

The purpose of this paper is to demonstrate a deeper understanding about the reasons behind difference in previous studies’ results in the field of audit quality determinants.

1247

Abstract

Purpose

The purpose of this paper is to demonstrate a deeper understanding about the reasons behind difference in previous studies’ results in the field of audit quality determinants.

Design/methodology/approach

A meta-analysis method is employed in which 52 studies including 40 international studies from authentic scientific articles during the year 2000–2015 and 12 national studies out of authentic national scientific articles from 2001 to 2015 are taken to account as sample studies. Audit firm size, auditor tenure and auditor specialization are set as independent variables and audit quality is the only dependent variable in the current paper.

Findings

The results indicate that audit firm size and auditor specialization are positively associated with audit quality. In other words, contracting with larger audit firm and specialized auditor results in delivering higher quality audit services.

Originality/value

The current study is the first study to be conducted in the field of audit quality determinants. The results may be beneficial both for standard setters as well practitioners in a way that it provides evidence that contributes to basis policy and audit-standard makers about domination and determinants of audit quality.

Details

Journal of Accounting in Emerging Economies, vol. 9 no. 2
Type: Research Article
ISSN: 2042-1168

Keywords

Article
Publication date: 25 April 2020

Mahdi Salehi, Ali Daemi Gah, Farzana Akbari and Nader Naghshbandi

The purpose of this study is to analyze the predictability of firm level data for determining macroeconomic indicators such as unemployment.

Abstract

Purpose

The purpose of this study is to analyze the predictability of firm level data for determining macroeconomic indicators such as unemployment.

Design/methodology/approach

This study uses quarterly GDP and unemployment data manually collected from the Statistical Center of Iran (SCI). Accounting numbers are also collected from the Tehran Stock Exchange library for the 2004-2015 period. Dispersion of earnings growth provides related data about labour reallocation, unemployment change and finally aggregate output. To summarize, this study attempts to examine the effect of these variables using classical and Bayesian approaches.

Findings

At a firm level, our results suggest that sectoral shift in previous years is likely to increase labour reallocation in subsequent years. At the macro level, the results reveal that dispersion of earnings growth and labour reallocation has a negative and positive impact on unemployment changes, respectively. However, the study suggests no significant relationship between stock return and unemployment changes. Consequently, we determine that the real estimates of macroeconomic indicators have predictive power because nominal estimates are not statistically associated with firm-level details. Finally, the results obtained from classical and Bayesian approaches suggest similar findings, thus confirming the robustness of our conclusions. Note that, based on Bayesian approach, the nominal reallocation has predictive power in unemployment rate.

Originality/value

The study is the first conducted in a developing country and the results provide important insight into current line of accounting literature.

Details

International Journal of Organizational Analysis, vol. 29 no. 1
Type: Research Article
ISSN: 1934-8835

Keywords

Article
Publication date: 24 June 2019

Mahdi Salehi, Farzaneh Komeili and Ali Daemi Gah

There is a few studies about stickiness and changes in audit fees. In previous studies, researchers focused on fees behavior, which is expected to change in the short…

Abstract

Purpose

There is a few studies about stickiness and changes in audit fees. In previous studies, researchers focused on fees behavior, which is expected to change in the short term, regardless of mentioning stickiness of fees and its possible changes. In this study, the authors investigate stickiness of audit fees and the influential factors, specifically audit quality and financial crisis in an emerging economy.

Design/methodology/approach

Audit quality is examined under three main criteria, namely, auditor size, auditor industry specialization and auditor tenure. The Altman adjusted bankruptcy model is used to identify firms’ financial crisis. In this study, listed companies in Tehran stock exchange market is investigated during the period of 2009-2015. Multiple regression models are used to test research hypotheses. Furthermore, Chow and Hausman tests are selected to choose among hybrid, fixed and random effects models.

Findings

The findings show no significant relationship between audit quality and audit fees stickiness. The authors also find that financial crisis has no impact on the association between audit quality and audit fees stickiness.

Originality/value

The current study almost is the first study, which conducted in emerging market of Iran. So, the results may play a helpful role for developing nations.

Details

Journal of Financial Reporting and Accounting, vol. 17 no. 2
Type: Research Article
ISSN: 1985-2517

Keywords

Article
Publication date: 10 August 2022

Mahmoud Lari Dashtbayaz, Mahdi Salehi and Sadeq Mozan

The study seeks to examine the effect of the Covid-19 on organisational commitment with the mediating role of job satisfaction of Iraqi auditors to determine the impact…

Abstract

Purpose

The study seeks to examine the effect of the Covid-19 on organisational commitment with the mediating role of job satisfaction of Iraqi auditors to determine the impact the Corona has on the organisational commitment of Iraqi auditors with the mediating role of job satisfaction.

Design/methodology/approach

The study's statistical population consists of those auditors working in the auditing organisations and private sector auditing institutions in Iraq. The number of respondents was 1,500 and 305 questionnaires were collected and analysed using Cochran's formula. Data were collected using the Covid1-19 questionnaire developed by the researcher, Minnesota Life Satisfaction Questionnaire (1967) and Allen and Meyer (1990) Organisational Commitment Questionnaire. In this study, the components of individual fear, collective fear and the transition from a feeling of security to insecurity with 29 questions for the impact of Covid-19 and job satisfaction components derived from the Minnesota Model, which includes six components (payment system, nature of job, progress opportunities, organisational atmosphere, leadership style and physical condition) is based on 19 questions. The components of organisational commitment are based on three types of emotional commitment, continuance commitment and normative commitment with 24 questions. Structural equation modelling using Smart-PLS software was used to analyse the data.

Findings

The results showed that the Covid-19 effect variable was not significant on organisational commitment but was significant considering the mediating role of job satisfaction.

Originality/value

The paper has covered a very interesting topic nowadays and the results may give great insight to auditors in a challenging condition due to COVID 19.

Details

The TQM Journal, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1754-2731

Keywords

Article
Publication date: 5 July 2022

Yasser Rezaei Pitenoei, Mehdi Safari Gerayli and Ali Khozein

The gender theory demonstrates that women have made significant contributions to the increases of firm performance and monitoring the management. Therefore, the purpose of…

Abstract

Purpose

The gender theory demonstrates that women have made significant contributions to the increases of firm performance and monitoring the management. Therefore, the purpose of this study is to examine the association between audit committee gender diversity (ACGD) and corporate social responsibility (CSR) disclosure of the firms listed on the Tehran Stock Exchange.

Design/methodology/approach

The authors conduct regression analysis to test the association between the presence of female members on the AC and CSR disclosure. The final sample in this study consists of 693 firm‐year observations from Iranian listed firms over the period 2012–2018. Moreover, to ensure the robustness of the findings, this study uses a series of sensitivity analysis tests.

Findings

The regression results show that ACGD has a significant positive influence on the level of CSR disclosure. The finding is robust to alternative measure of ACGD, CSR disclosure and endogeneity concern.

Practical implications

The findings have numerous practical implications for regulators, policy makers, managers and investors. This study has implications for Iranian regulators and policymakers and sends positive signal about recommending or requiring gender diversity on the board and its subgroups such as AC. Furthermore, the findings have implications for the investors, so that they have to make informed investment decisions given both financial factors and ACGD, and eventually invest in those firms with women membership in their AC’s composition.

Social implications

Concerning with board of directors and the general assembly of shareholders, as the findings suggest the significant role of ACGD in the enhancement of CSR disclosure, boards and the general assembly are to engage women in AC composition to both increase AC efficiency and improve CSR disclosure level.

Originality/value

To the best of the authors’ knowledge, this is the first study of its kind that investigates the association between ACGD and CSR disclosure in emerging capital markets, and therefore can contribute to extend the current literature on CSR in developing countries, especially Iran’s emerging capital market.

Details

Gender in Management: An International Journal , vol. 37 no. 7
Type: Research Article
ISSN: 1754-2413

Keywords

Article
Publication date: 29 April 2021

Afsaneh Lotfi, Mahdi Salehi and Mahmoud Lari Dashtbayaz

The purpose of this present study is to assess the impact of intellectual capital (IC) on fraud in listed firms' financial statements on the Tehran Stock Exchange (TSE)…

Abstract

Purpose

The purpose of this present study is to assess the impact of intellectual capital (IC) on fraud in listed firms' financial statements on the Tehran Stock Exchange (TSE). In other words, this paper seeks to figure out whether IC and its components, namely, the efficiency of human capital (HC), structural capital (SC), relational capital (RC) and customer capital (CC).

Design/methodology/approach

The logistic regression model is used for analyzing the material of this study. Research hypotheses are also examined using a sample of 187 listed firms on the TSE during 2011–2018 by employing the logistic regression pattern based on synthetic data technique. Moreover, some robustness checks are also used to ensure the correctness of the obtained results.

Findings

The findings show a negative and significant relationship between IC and its components, including the efficiency of HC, SC, RC and CC, and fraud in financial statements. This means that by investing in the IC and its components, the amount of fraud in business firms' financial statements decreases.

Originality/value

Since few studies are carried out by existing literature, this paper is among the pioneer efforts assessing IC's potential impact on fraud commitment. The findings apply to policymakers to improve the clarity of the business atmosphere of Iran.

Details

The TQM Journal, vol. 34 no. 4
Type: Research Article
ISSN: 1754-2731

Keywords

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