The Relationship between Managing Director's False Self-Confidence and Company Returns and Profit Management in Companies Acquired in Tehran Stock Exchange

Earnings management occurs when managers use their own judgments in financial reporting. Managing false self-confidence can affect corporate earnings and affect earnings management. The present study investigates the relationship between CEO false confidential and company returns and profit management in companies accepted in Tehran Stock Exchange. In terms of purpose, this research is applied. The methodology of correlation is causal (post event). . The statistical population of the study was all companies accepted in Tehran Stock Exchange. Using systematic elimination sampling, 135 companies were selected as research sample and studied in the period of 6 years between 1391 and 1396. Eviews software version 10 was used to test the research hypotheses and multiple regression with panel data model was used. The results of the research show that there is a direct and significant relationship between the false CEO's confidence and the company's returns. Also, there is a direct and meaningful relationship between false CEO confidentiality and earnings management based on accruals.