Examining the Moderating Role of Firm Complexity in the Relationship between Integrated Reporting and Investor Sentiment with Stock Price and Earnings Management
Keywords:
firm complexity, integrated reporting, investor sentiment, stock price, earnings managementAbstract
The purpose of the present study is to examine the moderating role of firm complexity in the relationship between integrated reporting and investor sentiment with stock price and earnings management in companies listed on the Tehran Stock Exchange. In terms of purpose, the study is applied, and in terms of method, it is descriptive-correlational. The spatial scope includes companies listed on the Tehran Stock Exchange. The statistical sample of the study consists of 126 companies during the years 2016 to 2024. The required information in this study was collected from financial statements published on the website of the Tehran Securities and Exchange Organization. The tests of this study were conducted using EViews software. The data were collected through both library and field methods. Multiple regression was used to test the research hypotheses. The results showed that there is a significant relationship between investor sentiment and earnings management and stock price. There is a significant relationship between integrated reporting and stock price. There is a significant relationship between integrated reporting and earnings management considering the moderating role of firm complexity. There is a significant relationship between integrated reporting and stock price considering the moderating role of firm complexity. There is a significant relationship between investor sentiment and stock price considering the moderating role of firm complexity.
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Copyright (c) 2025 Vahid Khosravi Hajivand (Author); Hossein Jannat Makan; Atefe Molaie (Author)
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