M.A. Thesis:

The mediating effect of financial reporting quality on the relationship between corporate governance and the risk of falling stock prices

The main purpose of this study is to determine the mediating effect of financial reporting quality on the relationship between corporate governance and the risk of falling stock prices in Tehran Stock Exchange. Investigating different aspects of corporate governance and its impact on accounting and financial variables is one of the topics that has received special attention in accounting literature. Among the different mechanisms of corporate governance, three criteria, including managerial ownership, board independence, and institutional ownership, are selected and their impact on stock price risk, albeit mediated by the quality of financial reporting quality, which is also a measure of profitability. has taken. The period of this study is 5 years, ranging from 2013 to 2017 years. Sample data of the companies under study were analyzed by Excel software and analyzed by Aviv software. The results showed that there is a direct and significant relationship between institutional ownership, managerial ownership and board independence with financial reporting quality. In all three of these corporate governance features, there are signs of increased oversight that will improve the quality of financial reporting. On the other hand, there is a direct and significant relationship between the quality of financial reporting and the risk of falling stock prices. The results also showed that the quality of financial reporting can mediate the relationship between institutional ownership, managerial ownership, and board independence with the risk of falling stock prices.

Keywords: Financial Reporting Quality, Stock Price Risk, Board Independence, Institutional Ownership, Manageri