M.A. Thesis:

FACTORS AFFECTING ON FINANCIAL REPORTING QUALITY BY EMPHASIZING THE ROLE OF PROPRIETARY COSTS

Financial reporting quality is one of the most challenging issues in the financial field. Therefore, identifying the factors affecting it is very important. The purpose of this study was to investigate the factors affecting the quality of financial reporting, with emphasis on the role of operational cycle in Tehran Stock Exchange. In this research, the effect of seven factors of the company's characteristics on the basis of three variables, functional (growth in sales, percentage of sales margin and operating cycle), structure (investment in non-current assets and financial leverage), regulatory (composition of the board Direct and institutional ownership) and are reviewed. For this purpose, information on 107 active companies in the stock exchange during a five-year period between 2013 and 2017 was analyzed and analyzed using panel data. After examining and testing the research hypotheses at 95% confidence level, it can be said that between growth in sales (future opportunities), investment in non-current assets, financial leverage, sales margin, operational cycle and management ownership is not significantly related to financial reporting quality. However, there is a significant relationship between institutional ownership and financial reporting quality .In other words, the existence of institutional shareholders in the company reduces the quality of financial reporting

Keywords: Financial Reporting Quality, Proprietary Cost, Sales Growth, Financial Leverage, Margin Percentage, Operational Cycle, Corporate Governance