The Effect of Financial Stress on Forecast of Macro Economic Indicators (Evidence from of Iran's Economy)
Considering the prominent role of institutional shareholders in companies and their impact on decisions and the quality of companies' financial reporting, in the present study, the effect of institutional ownership on the relationship between board independence and voluntary disclosure of companies listed on the Tehran Stock Exchange was investigated.The dependent variable in this research is voluntary disclosure and transparency of companies. To measure it, according to the research of Al-Deftar et al. (2017), a checklist was used which has financial and non-financial dimensions. . The statistical population of the study includes all companies listed on the Tehran Stock Exchange, of which 161 companies in the period of 6 years between 1393 to1398 were analyzed. The results obtained in this study showed that institutional ownership had an inverse effect on the negative relationship between board independence and voluntary disclosure of companies in the review period.
- حق عضویت دریافتی صرف حمایت از نشریات عضو و نگهداری، تکمیل و توسعه مگیران میشود.
- پرداخت حق اشتراک و دانلود مقالات اجازه بازنشر آن در سایر رسانههای چاپی و دیجیتال را به کاربر نمیدهد.