نشریه پژوهش های مالی و رفتاری در حسابداری
پیاپی 1 (تابستان 1400)

Among the important issues in resolving ambiguities between client management and independent auditors is the type of relationships formed between client managers and auditors, which are affected by client management attributes such as the leading power of client CFO. The main objective of the present study is to investigate the effect of the leading power of client CFO on auditor advocacy attitude in judgment and decision-making processes. The statistical population consists of professional auditors, working in trusted audit institutions in the Tehran stock exchange in 2019. To this end, a total number of 153 auditors are selected. To collect the data and test the research hypotheses, a questionnaire and the structural equations modeling with the use of the AMOS software is employed. The results indicate that the leadership power of the client CFO has a significant positive effect on auditor advocacy attitude and client identification. Moreover, auditor advocacy attitude and client identification positively impact acquiescing to client-preferred position, in conditions of ambiguity. On the other hand, the findings show that auditors’ professional identity harms auditors’ acquiescence to client-preferred treatment. The results show that some of the client's attributes such as the leading power of the client CFO can destroy the objectivity in the auditor's judgment and decision-making process through the auditor advocacy attitude.

Intuitive decision making is a process related to the human subconscious mind and is a kind of mental conclusion that the decision maker reaches based on his past experiences and emotions and those of others. It is happening among several people and the results and experiences of people are influential in other people's decisions. Thus, the moral judgments of friends, colleagues, and acquaintances may influence the personal judgments of individuals. Therefore, the present study examines the impact of social intuition on decision making and its importance in teaching accounting ethics. This research is of applied, descriptive and survey type. The data collection tool is questionnaire instrument and the statistical population of the study consists of undergraduate, post-graduate and doctoral accounting students in the Golestan province Universities in 2021. Analysis of variance with general linear model design is used to analyze the data. The results show that social intuition has a significant effect on the judgment and decision of accountants. Also, the judgment of others on ethical issues has a significant effect on the ethical judgment and decision-making of accountants, and it can be concluded that the moral acceptance or immorality of issues by other people can be the basis for ethical or immoral decision-making by accountants.

The purpose of this study is to investigate the linear and nonlinear response of stock market segments to gold, currency and oil price movements. The statistical population of the study is the companies that are listed in the Tehran Stock Exchange. Research data are reviewed during the years 2010 to 2020. The research data is time series and linear and nonlinear regression methods are used to test the research hypothesis. The results show that in the short run, stock prices in intervals 1, 3 and 7 have a positive effect and in intervals 2, 4, 6 and 8 have a negative effect on stock prices in the current period. According to the parent test, overall stock prices are positively affected by their breaks. Also, in the long run, both positive and negative shocks of oil prices have a significant effect on the stock index, the elasticity of the index to world oil prices is about 70%. Unlike oil prices, the exchange rate and gold have a positive effect on stock prices in Iran. According to the results of the estimated coefficients of the nonlinear pattern, the stock price as a whole is positively affected by its intervals

Investing in Islamic financial instruments leads to the collection of stagnant capital and the allocation of resources in an optimal way and economic development, which is possible by identifying the factors affecting investment in this type of securities. The theory of planned behavior is able to predict a person's behavior and action through three factors. The purpose of this research is to determine the role of theory of planned behavior in investment decisions in Islamic securities. This research investigates the effect of theory of planned behavior factors such as attitude toward behavior, subjective norm and perceived behavioral control on investment decisions in Islamic securities (Sukuk). This research is behavioral study and survey research which is conducted using questionnaire. This research is conducted in Tehran Stock Exchange in 2019 and population consists of all investors in Tehran Stock Exchange and the sample consists of 164 filled and returned questionnaires. To analysis research hypotheses, SEM method and PLS software are used. The results show that attitude toward behavior and perceived behavioral control have effect on investors’ intention to invest in Islamic securities but subjective norm has no effect on investors’ intention to invest in Islamic securities. Moreover, the results show that investors’ intention has no significant effect on investors’ decision to invest in Islamic securities.

The purpose of this research is to study macroeconomic uncertainty measures effect on cost stickiness conducting two steps Fama-Macbeth regression models on listed companies of Tehran Stock Exchange. In order to estimate macroeconomic uncertainty four measures of GDP growth, inflation rate, exchange rate and interest rate have been utilized by Arch and Garch models. For this purpose, a hypothesis is developed and the data of108 listed companies of Tehran Stock Exchange is analyzed during the period of 2011 to 2019. The research regression model is tested by two steps Fama-Macbeth regression model. Results show a positive significant effect of macroeconomic uncertainty measures (measures of GDP growth, inflation rate, exchange rate and interest rate) on cost stickiness. Thus, results hold that macroeconomic uncertainty measures increase cost stickiness.

The auditing profession, in order to develop the ethics of auditors, needs to correct deviations and promote ethical and behavioral prerequisites in order to gain the trust and confidence of the public and to reassure them by understanding the sensitivities and concerns of stakeholders. To achieve this idea, the auditing community must be more sensitive in the workplace to reduce and minimize any deviations and unreasonable behaviors. The purpose of this study is to investigate the psychological role of the work environment and sociability in improving the ethics of auditors by reducing deviant behaviors. Research data in the statistical community of auditors, members of the Iranian Formal Accounting Society, were completed with 367 questionnaires based on available methods and data analysis was performed using structural equation modeling with partial least squares approach. The results show that the psychological environment of the workplace and organizational socialization have a significant impact on improving the ethics of auditors by reducing deviant behaviors and by strengthening these criteria can control deviant behaviors and improve personal motivation and ethical atmosphere in the workplace of auditors.

Investors' sentiment often stem from held mental beliefs or information unrelated to stock value and can lead to extreme or low reactions to good or bad news, fanatical expectations such as speculative tendencies and optimistic or pessimistic optimism. Meanwhile, restatement of financial statements may be one of the factors affecting the sentiment of investors. The purpose of the present study is to investigate the effect of investors’ sentiment on the market reactions to earnings restatements. The statistical sample consists of 119 companies listed on the Tehran Stock Exchange in the period 2012 to 2020. The results show that the willingness of investors has a significant effect on the market reaction to the earnings restatement. The results also show that the high investor sentiment, both in the presence of restatement and non-restatement, has a positive effect on market reaction, but in the presence of restatement, the effect of high investor sentiment on market reaction is less. Another result of the research indicates that the low investor sentiment has a negative effect on the market reaction in the presence of a restatement and a positive effect when there is not restatement. Therefore, it can be said that the restatement is effective on the impact of low investor sentiment on the market reaction.