The relationship between the companies accepted accounting practice in the replacement Director in the Tehran Stock Exchange (with emphasis on the type of industry)

Omid safaei Poor¹ Asgar Pakmaram² Soheil Rezaeirad³ Younes Eskandari⁴

1) Master of Accounting, University of Urmia, Iran
2) Azad University accounting professor and faculty member BONAB, Tabriz, Iran
3) MA in Public Financial Management, Islamic Azad University Bonab Tabriz, Iran
4) PhD student of public administration and implementation of development trends, Azad University of Zanjan

IOI Code : XYGH-BDHBC
Publication : International Conference on Management, Innovation and Entrepreneurship(ieconf.ir)
Abstract :
    Nowadays, functions of corporate accounting play an important role in activities of the organizations and they are responsible for a significant task in economic environment of the countries. The main aim of the present study is to determine the relationship between accounting function and replacement of managing director between companies which have been accepted in Tehran Stock Exchange. For this study, 405 companies among the accepted companies in Tehran Stock Exchange are selected as samples and then the data for this study were obtained from the context of financial statements and through the Tehran Stock Exchange, the Website of Tehran Stock Exchange Services Company, and also by using interviews. These data by the Pearson correlation coefficient and logistic regression methods and by using SPSS software was analyzed. The results which obtained from the analysis of research data indicated that there is no significant relationship between the variables accounting function (revenue growth, return on assets and operating profit) and replacement of managing director. But there is positive and significant relationship between the two other variables of accounting (net profit growth, return on equity) and replacement of managing director.

Keywords : revenue growth return on assets operating profit net profit growth return on equity