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specialty journal of accounting and economics
Volume 3, 2017, Issue 4
The Impact of Conservatism in Financial Reporting On the Relationship Between Managerial Overconfidence and The Accuracy of Profit Forecast in Banks Listed on the Tehran Stock Exchange
Zohreh Mirmohammadi, Bahram Fathi
Pages: 1-7

Abstract

The main purpose of this study was "The impact of conservatism in financial reporting on the relationship between Managerial Overconfidence and the accuracy of profit forecast in banks listed on the Tehran Stock Exchange during 2010 to 2014". The method of implementation: in this regard, Managerial Overconfidence and conservatism are independent variables and the accuracy of profit forecast in banks is the dependent variable. The statistical population of the research is 17 banks over the above 5 year that due to the limited number of banks listed on the Tehran Stock Exchange all the banks including 85 samples were selected. A descriptive correlational research method was used with the practical approach. Methods of Library research and document mining of financial statements were used for gathering information respectively in the fields of theoretical foundations and hypotheses testing. In general, correlation method and multiple regressions is the statistical method that was used in this research. Conclusion: based on the results of the first research hypothesis, conservatism in financial reporting strengthens the impact of managerial overconfidence on the accuracy of profit forecast. According to the second research hypothesis, managerial overconfidence has a reverse and significant impact on the accuracy of profit forecast in the banks listed on the Tehran Stock Exchange.



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specialty journal of accounting and economics
Issue 1, Volume 6, 2020