چكيده لاتين
Abstract
organizational culture is one of the key factors in shaping organizational behaviors and the quality of financial reporting of companies. This study investigated the effect of organizational culture in the form of competitive values on the quality of financial reporting in companies listed on the Tehran Stock Exchange. Competitive cultures in organizations can act as a driver for improving financial performance and more transparent reporting. In this study, information from 126 companies listed on the Tehran Stock Exchange during the years 2014 to 2023 was used and data analysis was performed through the multivariate regression method. The results of the study showed that innovation-oriented culture positively affects the improvement of internal control and profit quality, and competition-oriented culture and control-oriented culture negatively. However, participation-oriented culture does not affect the improvement of internal control and profit quality. Also, when companies change from competitive culture to other cultures and from control-oriented culture to other cultures, profit quality usually improves. But changing from a participatory and innovative culture does not affect the quality of earnings. This is while changing from an innovative culture to other cultures can improve internal control, while changing from participatory, control, and competitive cultures to other cultures does not affect internal control. A competitive culture, along with strong corporate governance, may lead to a decrease in the quality of earnings. While an innovative, control, and participatory culture do not affect the quality of earnings in conditions of strong or weak corporate governance. Also, in conditions of weak corporate governance, an innovative culture increases internal controls. While competitive and control cultures have a negative effect on improving internal control, and in these conditions, a participatory culture will not affect internal control. Also, when management changes and none of the organizational cultures have an effect on the quality of earnings. However, when management changes, there is an effect of innovation-oriented, competition-oriented, and control-oriented cultures on strong internal control, while participation-oriented culture does not have an effect on strong internal control. These findings emphasize the need to pay attention to the characteristics of competitive culture in promoting transparency and quality of financial information and clarify its importance in companiesʹ financial reporting processes.
Keywords: organizational culture, Financial reporting quality, organizational culture change, Corporate governance, Management change
