تأثير رقابت در صنعت و استراتژي هاي رقابتي شركت بر ريسك تقلب در صورت هاي مالي

The Effect of Competition in Industry an‎d Companyʹs Competitive Strategies on Fraud Risk in Financial Statements

حسابداري

Abstract: Fraud, particularly fraudulent financial statements, has long been a major concern for users of financial information an‎d auditors. Especially after the emergence of major financial an‎d accounting scan‎dals, fraud not only caused volatility in stock markets, loss of public trust, an‎d irreparable damages to investors, but also led to the collapse of large corporations an‎d a decline in confidence in businesses an‎d the auditing profession. Therefore, addressing the issue of fraud is inevitable. Fraud can be considered one of the most significant threats facing organizations in the modern era, with its destructive effects continuing to grow over the past decades. The purpose of this study is to examine the impact of industry competition an‎d corporate competitive strategies on the risk of financial statement fraud. To achieve this objective, three hypotheses were developed. The research sample was selec‎ted through a screening method, consisting of 105 companies listed on the Tehran Stock Exchange during the period 2011 to 2023. To test the research hypotheses, multivariate logistic regression analysis was employed. The findings indicate that among the indicators of industry competition, two measures—product substitution risk an‎d industry entry risk—have a positive an‎d significant effect on the risk of financial statement fraud, while industry size an‎d industry concentration show a negative an‎d significant impact. Moreover, the results demonstrate that firms’ competitive strategies significantly affect fraud risk. Specifically, the integration strategy has a positive an‎d significant effect, whereas the differentiation an‎d cost leadership strategies exhibit a negative an‎d significant effect on the risk of fraud. In addition, in highly competitive industries, adopting integration an‎d differentiation strategies does not create a significant change in fraud risk; however, the cost leadership strategy can reduce the pressures of intense competition an‎d significantly lower the likelihood of fraud occurrence. Keywords: Industry competition, Competitive strategies, Financial statement fraud risk.

5 فصل