Journal of Accounting and Management Vision

Journal of Accounting and Management Vision

Investigating the moderating effect of economic uncertainty on the effect between market performance and CEO power in companies listed on the Tehran Stock Exchange.

Document Type : Original Article

Authors
masood zarei sodani 1
Arash Mohammadi Nafchi 2
1 PhD student in accounting, Khorasgan Branch, Islamic Azad University, Isfahan, Iran.
2 universityMaster of Accounting, Farsan Branch, Islamic Azad University, Farsan, Iran.
Abstract
The purpose of the current research is to explain and interpret the role of the moderator of economic uncertainty in the effect between market performance and the power of the CEO, consisting of 74 companies listed in the Tehran Stock Exchange in the time horizon of 1402-1398 (a period of 5 years) using It was investigated from multivariate linear regression with panel data. The research method in this research is applied in terms of purpose and descriptive correlation type in terms of method. The data needed to test the hypotheses have been used from the financial statements and notes of the financial statements of the member companies of the Tehran Stock Exchange, and then the initial processing was done on them by Excel software, and for the final analysis of the data, the econometric software Eviuz and Stata were used. . The results show that between There is a positive and significant relationship between the CEO's power on market performance, and there is a negative and meaningful relationship between the CEO's power and economic uncertainty.
Keywords
Economic uncertainty
market performance
CEO power

Subjects