Impact of Reputation and Chief Executive Officer’s Job Security on Financial Reporting Transparency

Objective: Individual characteristics of chief executive officers, CEOs, such as reputation and job security may eclipse their behavior and types of decisions in the organization, and thereby affect the transparency of financial reporting. In this research, the influence of reputation and CEOs’ job...

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Autores principales:	Reza Taheri Abed (Ph.D), Mehdi Alinezhad Sarokolaei (Ph.D), Khosro Faghani Makerani (Ph.D)
Formato:	article
Lenguaje:	FA
Publicado:	Shahid Bahonar University of Kerman 2019
Materias:	media coverage sales volatility coefficient ceo tenure financial reporting transparency Accounting. Bookkeeping HF5601-5689
Acceso en línea:	https://doaj.org/article/645edcea72ae4154bc09582755d96a47
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spelling	oai:doaj.org-article:645edcea72ae4154bc09582755d96a472021-11-04T19:54:23ZImpact of Reputation and Chief Executive Officer’s Job Security on Financial Reporting Transparency2008-89142476-292X10.22103/jak.2018.11902.2661https://doaj.org/article/645edcea72ae4154bc09582755d96a472019-02-01T00:00:00Zhttps://jak.uk.ac.ir/article_2184_77a36bd6bf7fadfea694f740e05e596e.pdfhttps://doaj.org/toc/2008-8914https://doaj.org/toc/2476-292XObjective: Individual characteristics of chief executive officers, CEOs, such as reputation and job security may eclipse their behavior and types of decisions in the organization, and thereby affect the transparency of financial reporting. In this research, the influence of reputation and CEOs’ job security on the transparency of financial reporting has been examined. Taking into account research constraints, 110 companies accepted in the Tehran Stock Exchange, TSE, over the period 2010-2016 have been surveyed. Methods: To measure the reputation variable we used the media coverage of CEOs, to measure the variable of CEOs’ job security we used the two indicators of sales volatility coefficient and CEOs’ tenure, and to measure financial reporting transparency we used a multidimensional criterion covering a wide range of concepts related to the transparency. Data collection source consists of companies' financial statements, reports of board activities and independent auditor, as well as the news agency affiliated to the TSE. In this study due to controlling the effects of years and industry, fitting of model was done in a cross-sectional framework, and then, robust standard error method was used to test the hypotheses. Results: The results showed that the CEOs’ reputation has positive significant impact on the transparency of financial reporting. Also, there is a positive non-significant relationship between the variables of sales volatility coefficient and the CEOs’ tenure as the indicators of job security and transparency of financial reporting, respectively. Finally, the results showed that reputation and job security (sales volatility coefficient) have positive and significant effect on transparency of financial reporting, simultaneously. Conclusion: According to the results of this study, it is suggested investors and financial information users pay attention to the reputation of CEOs, and if necessary, to the reputation and CEOs’ job security, simultaneously, in assessing the transparency of financial reports of the TSE companies.Reza Taheri Abed (Ph.D)Mehdi Alinezhad Sarokolaei (Ph.D)Khosro Faghani Makerani (Ph.D)Shahid Bahonar University of Kermanarticlemedia coveragesales volatility coefficientceo tenurefinancial reporting transparencyAccounting. BookkeepingHF5601-5689FAمجله دانش حسابداری, Vol 9, Iss 4, Pp 185-215 (2019)
institution	DOAJ
collection	DOAJ
language	FA
topic	media coverage sales volatility coefficient ceo tenure financial reporting transparency Accounting. Bookkeeping HF5601-5689
spellingShingle	media coverage sales volatility coefficient ceo tenure financial reporting transparency Accounting. Bookkeeping HF5601-5689 Reza Taheri Abed (Ph.D) Mehdi Alinezhad Sarokolaei (Ph.D) Khosro Faghani Makerani (Ph.D) Impact of Reputation and Chief Executive Officer’s Job Security on Financial Reporting Transparency
description	Objective: Individual characteristics of chief executive officers, CEOs, such as reputation and job security may eclipse their behavior and types of decisions in the organization, and thereby affect the transparency of financial reporting. In this research, the influence of reputation and CEOs’ job security on the transparency of financial reporting has been examined. Taking into account research constraints, 110 companies accepted in the Tehran Stock Exchange, TSE, over the period 2010-2016 have been surveyed. Methods: To measure the reputation variable we used the media coverage of CEOs, to measure the variable of CEOs’ job security we used the two indicators of sales volatility coefficient and CEOs’ tenure, and to measure financial reporting transparency we used a multidimensional criterion covering a wide range of concepts related to the transparency. Data collection source consists of companies' financial statements, reports of board activities and independent auditor, as well as the news agency affiliated to the TSE. In this study due to controlling the effects of years and industry, fitting of model was done in a cross-sectional framework, and then, robust standard error method was used to test the hypotheses. Results: The results showed that the CEOs’ reputation has positive significant impact on the transparency of financial reporting. Also, there is a positive non-significant relationship between the variables of sales volatility coefficient and the CEOs’ tenure as the indicators of job security and transparency of financial reporting, respectively. Finally, the results showed that reputation and job security (sales volatility coefficient) have positive and significant effect on transparency of financial reporting, simultaneously. Conclusion: According to the results of this study, it is suggested investors and financial information users pay attention to the reputation of CEOs, and if necessary, to the reputation and CEOs’ job security, simultaneously, in assessing the transparency of financial reports of the TSE companies.
format	article
author	Reza Taheri Abed (Ph.D) Mehdi Alinezhad Sarokolaei (Ph.D) Khosro Faghani Makerani (Ph.D)
author_facet	Reza Taheri Abed (Ph.D) Mehdi Alinezhad Sarokolaei (Ph.D) Khosro Faghani Makerani (Ph.D)
author_sort	Reza Taheri Abed (Ph.D)
title	Impact of Reputation and Chief Executive Officer’s Job Security on Financial Reporting Transparency
title_short	Impact of Reputation and Chief Executive Officer’s Job Security on Financial Reporting Transparency
title_full	Impact of Reputation and Chief Executive Officer’s Job Security on Financial Reporting Transparency
title_fullStr	Impact of Reputation and Chief Executive Officer’s Job Security on Financial Reporting Transparency
title_full_unstemmed	Impact of Reputation and Chief Executive Officer’s Job Security on Financial Reporting Transparency
title_sort	impact of reputation and chief executive officer’s job security on financial reporting transparency
publisher	Shahid Bahonar University of Kerman
publishDate	2019
url	https://doaj.org/article/645edcea72ae4154bc09582755d96a47
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Impact of Reputation and Chief Executive Officer’s Job Security on Financial Reporting Transparency

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