تأثير پيچيدگي صورت هاي مالي بر تأمين مالي شركت با توجه به نقش تعديل‌گري راهبري شركتي

Every business unit needs working capital to continue its activities an‎d in order to develop its activities an‎d increase profitability, it is forced to make new investments. Both needs of the business unit, namely working capital an‎d new investments, are met through financing. One of the important issues in financing mechanisms an‎d its selec‎tion is the issue of financial reporting, which has been of interest to creditors an‎d the capital market in recent years as the main arteries of financing. In this context, a control an‎d supervisory mechanism external to the corporate governance organization can play an important role in informing creditors an‎d investors. Therefore, the purpose of this research is to determine the effect of the financial statements complexity on the companyʹs financing considering the moderating role of corporate dovernance. In order to achieve this goal, two hypotheses were formulated. To test these hypotheses, a sample of 236 companies was selec‎ted from among the companies listed on the Tehran Stock Exchange during the years 2013 to 2022 using the screening elimination method. In this study, multivariate regression models were used using the mixed data method. The results showed that the financial statements complexity (based on the Fogg index) has an inverse effect on the amount of company financing. However, the complexity of financial statements (based on the page index) does not have a significant effect on the company financing. The results also showed that corporate governance does not have a significant effect on the intensity of the effect of the financial statements complexity (based on both indexes) on the company financing

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