Papers by Alireza Azarberahman
The Effect of Organizational DNA on the Use of Management Accounting Practices: Using the Structural Equation Model
IBMRD's journal of management and research/IBMRD's journal of management research, Mar 31, 2021
The issue of cost management and the use of efficient and effective ways to improve financial and... more The issue of cost management and the use of efficient and effective ways to improve financial and budgetary resources due to lack of resources, price competition, quality supply of goods and services and entry into global markets. Therefore, this field is one of the most important and challenging issues for economic enterprises, especially considering the recent economic and financial developments and crises. The statistical population of the study includes all small and medium-sized enterprises of Mashhad city (603 active enterprises) in 2019, which using the Cochran's formula, 95 CEOs, finance managers and or accountants head were randomly selected. A questionnaire was used to measure the variables and in order to test the hypotheses, the structural model method with SPSS and PLS software were used. The results showed that organizational DNA has a significant effect on the use of management accounting techniques. It was also found that all organizational DNA determinants have a significant positive effect on the use of management accounting techniques.
Internal Attributes of Corporate Governance and Strategic Management Accounting: An Analysis of Iranian Firms
IBMRD's journal of management and research/IBMRD's journal of management research, Mar 31, 2021
The core purpose of the research is to investigate the relationship between the internal attribut... more The core purpose of the research is to investigate the relationship between the internal attributes of corporate governance and strategic management accounting. 166 companies listed in Tehran Stock Exchange (TSE) were selected to advance the research objective. Part of the data was collected through financial information published by the companies and the other via questionnaire. Multivariate correlation and regression methods were used to test the research hypotheses. Findings showed that there is a significant relationship between variables such as board independence, number of board meetings and CEO duality with usage of strategic management accounting techniques among the corporations. But no significant relationship was found between board size and the dependent variable.
International Journal of Accounting and Financial Reporting, Feb 16, 2013
The main purpose of this research is the study of association between various measures of firm pe... more The main purpose of this research is the study of association between various measures of firm performance based on earnings and cash flows and stock returns. This research is an applied research, and its design is semi-empirical, which is done by the method of post-event (past information). The statistical population of the research includes all companies listed in Tehran Stock Exchange (TSE), and its period is nine consecutive years, from 2003 to 2011. Simple and multiple regressions are applied in order to test the hypotheses. Results of the research represent that earning based measures are more related to stock returns than cash flow based measures. Furthermore, earning based measures depict the company performance better than cash flow measures in some companies with higher accruals. But in companies with lower accruals, the company performance cannot be depicted properly neither by earning based nor cash flow based measures.
Asian Journal of Development Matters, 2011
This study aims to examine the relationship between working capital management strategies (aggres... more This study aims to examine the relationship between working capital management strategies (aggressive, moderate, conservative) and profitability. The study relied on the financial statements published by industrial pharmaceutical corporations in the last five years, namely 2009-2013, using the Pearson correlation coefficient between classifications according to corporate working capital management strategies, as well as profitability classification (high, medium and low) to determine whether a statistically significant relationship between the strategies followed for working capital management and profitability of the corporation. The study's results revealed a stronger relationship between working capital management strategy and profitability of Jordanian industrial pharmaceutical corporations that followed a moderate strategy compared with those that followed an aggressive strategy. Furthermore, Jordanian pharmaceutical corporations didn't follow a conservative working capital management strategy.
International Journal of Applied Economics, Finance and Accounting
Information asymmetry is a phenomenon in the capital market that can be caused by various factors... more Information asymmetry is a phenomenon in the capital market that can be caused by various factors. The purpose of this paper is to contribute to the debate on whether information asymmetry can be affected by factors such as accounting comparability, sophisticated investors, and relevance, and therefore, its value-relevance for decision-making. The paper uses three methods criteria for information asymmetry (VOLTRADE, PNSY and bid-ask spread) as well as two methods for measuring accounting comparability (text mining and De-Franco). Therefore, it is feasible to test and compare different methods of accounting comparability with different methods of information asymmetry. The results of the study indicate that the comparability of accounting practises has a notable adverse impact on information asymmetry. Additionally, it was observed that sophisticated investors have the ability to moderate this relationship. We find that relevance has significant relation with information asymmetry...
حسابداری ارزشی و رفتاری, Mar 1, 2022
Cultural studies is one of the critical researches that focuses on the tradition of radicalism an... more Cultural studies is one of the critical researches that focuses on the tradition of radicalism and structuralism. Cultural hegemony, as an emerging concept from the context of cultural studies, refers to the influence of values and symbols in culture, which provides the basis for the creation of a coherent dominant behavioral and moral Due to the fact that there was no clear and coherent basis for the hegemonic consequences of the culture of professional ethics in auditing, the components of the research were identified through a qualitative methodology of content analysis. To achieve the research goal, 13 accounting experts and 16 independent auditors with more than 3 years of experience were selected based on the gatekeepers selection technique and participated by filling out matrix questionnaires. The results indicate that there are two categories of individual consequences of the hegemony of the culture of professional ethics and the structural consequences, which were approved by the panel members based on 8 contents related to categories in terms of theoretical consensus. In addition, the findings based on matrix analysis show that controlling auditors' job conflicts is a positive stimulus to the hegemonic consequence of the culture of professional ethics in auditing by reducing the expectation gap based on the institutionalization of professional values; promoting professional ethics for compliance with stakeholder rights and the sustainability of auditors' internal locus of control receives positive impact. Issues such as reducing the expectation gap based on the institutionalization of professional values, promoting professional ethics to respect the rights of stakeholders and the stability of auditors' internal control, although important as consequences of the hegemonic culture of professional ethics in auditing.
CERN European Organization for Nuclear Research - Zenodo, Feb 6, 2022
Risk disclosure refers to providing information to the user to inform of any opportunities or thr... more Risk disclosure refers to providing information to the user to inform of any opportunities or threats .Theoretically, disclosure mainly aims to reduce the information asymmetry as well as investor uncertainty, thereby indirectly lowering the equity cost. An advantage of risk disclosure is its effectiveness in reducing the equity cost. Therefore, risk disclosure can help decrease investor uncertainty, thus diminishing the equity cost. This project mainly investigates the relationship between risk reporting and cost of capital in 174 firms listed on the Tehran Stock Exchange for the period 2012-2018. This is an applied research study in terms of purpose and descriptive-correlational in terms of methodology. In this study, the variable of risk disclosure was collected by analyzing the content of financial statements, explanatory notes, and board of director reports. The cost of capital was calculated in three ways: cost of debt, cost of ordinary shares, and weighted average cost of capital (WACC). Thus, the relationship between risk disclosure and cost of capital was examined in the form of three individual hypotheses. The results demonstrated no significant relationship between risk disclosure and cost of debt; therefore, the first hypothesis is rejected. It was also suggested that there is a statistically significant negative relationship between risk disclosure and cost of common equity; thus, the second hypothesis was confirmed. Finally, risk disclosure appeared to have a statistically significant negative relationship with WACC; therefore, the third hypothesis was confirmed.
Emotional Intelligence, Risk Aversion, Locus of Control and Risky Investment Intentions
CERN European Organization for Nuclear Research - Zenodo, Jun 28, 2022
Asian Journal of Finance & Accounting, 2014
Design/methodology/approach: this research is an applied research, and its design is semi-empiric... more Design/methodology/approach: this research is an applied research, and its design is semi-empirical, which is done by the method of post-event (past information). The statistical population of the research includes all companies listed in Tehran Stock Exchange (TSE), and its period is four years, from 2010 to 2013. To examine the hypotheses, correlation analysis, and variance analysis test are used. Findings: the results of this research indicate there is a meaningful relationship between the type of industry, and the effective factors in abnormal error of earnings forecast. The mining, chemical materials, petrochemical and pharmaceutical industries have high abnormal error of earnings forecast, while metal industries, agriculture, and animal husbandry have low abnormal error of earnings forecast. Also we find in this research that there is a meaningful relation between the firm size, and the firm age in stock exchange. Finally, simultaneous effect of the three factors on abnormal error of earnings forecast was examined.
An Empirical Association between Audit Quality and Risk Taking toward Value Creation in Iran
In the financial literature, risk-taking and investment-related decisions are among the most impo... more In the financial literature, risk-taking and investment-related decisions are among the most important decisions for companies that make optimal decisions in these two areas, optimally allocating resources and directing financial resources to economic investments and profitable projects for value creation. The purpose of the research is to investigate the relationship between audit quality and risk taking on value creation in firms listed in Tehran Stock Exchange (TSE). The research used five components of auditor's specialist, tenure, audit size, ownership concentration, and board of director’s independence to evaluate audit quality. The statistical population of the study includes the companies listed in TSE. Using a screening method, 610 firm-year data were selected for a 5-year period (2013-2017). This research is based on panel data and multivariate regression method. The research findings show that among these five components as well as the risk factor, only the variables ...
Determinants of Corporate Capital Structure of Iranian Manufacturing Firms
International Journal of Accounting and Financial Reporting
Purpose: The core purpose of this paper empirically study of the initial public offerings (IPOs) ... more Purpose: The core purpose of this paper empirically study of the initial public offerings (IPOs) of companies accepted in oil and chemical industries. The paper attempts to answer the question of is there any abnormal return from IPOs in listed companies in Tehran Stock Exchange (TSE).Design/methodology/approach: This research is an applied research, and its design is empirical, which is done by the method of post-event (past information). For the purpose of the study the t-statistic, regression and variance analyses are applied to examine the hypotheses. We use in the analyses a sample of 29 newly accepted Iranian oil and chemical companies listed on TSE for the period of 2001 to 2012. This paper has studied abnormal return and three abnormal phenomena have been considered in capital market. These phenomena consist: (1) underpricing or overpricing of the firm's stock, (2) lower or higher stock return of the firms and (3) Particular period in market for stock transactions volume...
International Journal of Accounting and Financial Reporting, Apr 2, 2013
Purpose: The core purpose of this paper empirically study of the initial public offerings (IPOs) ... more Purpose: The core purpose of this paper empirically study of the initial public offerings (IPOs) of companies accepted in oil and chemical industries. The paper attempts to answer the question of is there any abnormal return from IPOs in listed companies in Tehran Stock Exchange (TSE). Design/methodology/approach: This research is an applied research, and its design is empirical, which is done by the method of post-event (past information). For the purpose of the study the t-statistic, regression and variance analyses are applied to examine the hypotheses. We use in the analyses a sample of 29 newly accepted Iranian oil and chemical companies listed on TSE for the period of 2001 to 2012. This paper has studied abnormal return and three abnormal phenomena have been considered in capital market. These phenomena consist: (1) underpricing or overpricing of the firm's stock, (2) lower or higher stock return of the firms and (3) Particular period in market for stock transactions volume. Findings: The results support the hypothesis that there is a positive abnormal return to investing in the newly accepted oil and chemical firms for stockholders. It also shown the firm size is the only factor that can affect the stock abnormal return. With considering significance level, investors have to give attention sequentially to other variables such as stock ownership centralization, going public time and stock offering volume.
Uploads
Papers by Alireza Azarberahman