Journal of Accounting and Management Vision

Journal of Accounting and Management Vision

Investigating the impact of managers' short-sightedness on sustainability reporting in companies listed on the Tehran Stock Exchange

Document Type : Original Article

Authors
1 Master's student in accounting, Ardabili Holy Higher Education Institute, Ardabil, Iran.
2 Department of Accounting, Ardabil Holy Higher Education Institute, Ardabil, Iran.
Abstract
Corporate sustainability is a concept that has been viewed as a global issue in recent years. The world is currently facing problems such as population growth, the increase in the price of energy carriers and the increase in demand for water consumption and environmental crises, and commercial and profit-making companies must turn to sustainability and issues related to corporate sustainability. In addition to this, managers' desire for short-term investment and including changing the direction of resources from long-term value-creating projects to short-term plans that increase the stock price, which is usually a temporary value, the short-sightedness of managers as well as strategic decisions It affects the management and has destructive effects on the company's performance and value in the long term. Therefore, according to the above, this research seeks to investigate whether short-sightedness of managers has an effect on sustainability reporting. The statistical population of the research is 120 companies admitted to the Tehran Stock Exchange. Also, the time domain includes 7 consecutive years from 1395 to 1401, which was tested using multivariable linear regression and combined data, and the results of the findings showed that managers' short-sightedness and sustainability reporting have a significant and inverse relationship. .
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