بررسیهای حسابداری و حسابرسی (Nov 2014)
The Impact of Managerial Caution on Operating Performance and Accounting Conservatism
Abstract
The aim of this research is investigate impact of themanagerial caution on the operational performance and accountingconservatism. To evaluate operational performance, three criteria areused: Return on Assets (ROA), Return on Equity (ROE), andOperating Profit Margin (OPM). Also, in order to measure accountingconservatism, Basu's model (1997) has been used. The data usedinclude a sample consists of 110 listed companies in Tehran StockExchange (TSE) during the years 2003 to 2012. For data analysis andhypothesis testing, multivariate regression model and the model ofpooled data is used. The results of estimating research models suggestthat managerial caution has a positive effect on ROA and OPM, andnegative effect on accounting conservatism. The research results alsoattest that between managerial caution and ROE, there is nostatistically significant relationship.
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