تأثير قدرت مدير عامل بر خوانايي گزارشگري مالي با در نظر گرفتن نقش راهبري شركتي، سودآوري و كيفيت گزارشگري مالي شركت هاي پذيرفته شده در بورس اوراق بهادار تهران

The Effect of Chief Executive Officer Power on Financial Reporting Readability by Considering the Corporate Governance, Profitability an‎d Financial Reporting Quality of Companies Listed in Tehran Stock Exchange

حسابداري

Abstract The readability of financial reporting as a factor affecting the credibility of financial statements an‎d investment decisions of companies has been one of the topics of interest in financial literature in recent years. The CEO can use his power to hide his bad performance, especially in the early years of his career, by making the financial statements difficult to understan‎d. Therefore, the purpose of this study is to investigate the effect of the CEOʹs power on the readability of financial reporting, considering the moderating role of the quality of financial reporting an‎d the CEOʹs tenure. The statistical the population of this study are all companies listed in Tehran Stock Market, in which 100 companies in the period 2016 to 2024 have been selec‎ted by systematic elimination method. For data analysis an‎d hypothesis testing, multivariate regression model based on compound data regression an‎d EViews software is used. The results of the first hypothesis test showed that the CEOʹs power has a negative effect on the readability of financial reporting. The findings of the second hypothesis showed that corporate governance weakens the intensity of the effect of CEO power on financial reporting readability. In addition, the results of the third hypothesis showed that with the increase in the quality of financial reporting, the influence of the CEOʹs power on the readability of financial reporting weakens. The results of the fourth hypothesis showed that profitability does not affect the relationship between CEO power an‎d financial reporting readability. Finally, the findings of the fifth hypothesis showed that the CEOʹs tenure does not affect the relationship between the readability of financial reporting an‎d the power of the CEO. Keywords: Financial Reporting Readability, CEO Power, Corporate Governance, Financial Reporting Quality, profitability, CEO tenure

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