Investigating the Impact of Financial Reporting Quality on the Risk of Stock Price Collapse with Regard to the Moderating Role of Corporate Governance

The purpose of this study is to investigate the effect of financial reporting quality on the risk of stock price collapse with respect to the moderating role of corporate governance. The present study is an applied research in terms of its purpose, a descriptive post-event research method, a positive research in terms of its theoretical approach, and an inductive research in terms of its reasoning, as well as a quasi-experimental research in the field of financial accounting research. The time period of this study is the Six -year period from ۲۰۱۹ to ۲۰۲۴. The statistical sample of the study was selected by systematic (purposeful) elimination method, consisting of ۱۱۰ companies. In this study, a multivariate linear regression model was used to test the hypotheses. The statistical method used in this study is the panel data method. The statistical analysis of the data was carried out using Excel and Eviews۱۰ software. The results of the study show that the quality of financial reporting has a significant negative relationship with the risk of stock price collapse of companies listed on the Tehran Stock Exchange. Also, institutional ownership and the percentage of non-executive directors as corporate governance criteria do not have a moderating role in the relationship between the quality of financial reporting and the risk of stock price collapse.The purpose of this study is to investigate the effect of financial reporting quality on the risk of stock price collapse with respect to the moderating role of corporate governance. The present study is an applied research in terms of its purpose, a descriptive post-event research method, a positive research in terms of its theoretical approach, and an inductive research in terms of its reasoning, as well as a quasi-experimental research in the field of financial accounting research. The time period of this study is the Six -year period from ۲۰۱۹ to ۲۰۲۴. The statistical sample of the study was selected by systematic (purposeful) elimination method, consisting of ۱۱۰ companies. In this study, a multivariate linear regression model was used to test the hypotheses. The statistical method used in this study is the panel data method. The statistical analysis of the data was carried out using Excel and Eviews۱۰ software. The results of the study show that the quality of financial reporting has a significant negative relationship with the risk of stock price collapse of companies listed on the Tehran Stock Exchange. Also, institutional ownership and the percentage of non-executive directors as corporate governance criteria do not have a moderating role in the relationship between the quality of financial reporting and the risk of stock price collapse.

کلیدواژه ها:

Financial reporting quality ، Information transparency ، Stock price crash risk ، Corporate governance