Operational and Performance Research in Accounting and Auditing

Operational and Performance Research in Accounting and Auditing

The Role of Management Behavioral Strains on Stakeholders Management Emphasizing the Moderating Effect of Corporate Governance Quality

Document Type : Original Article

Authors
1 MSc. of accounting, Faculty of Economics & Management, Urmia University, Urmia, Iran
2 urmia university - economics and management faculty - accounting department
3 Associate Prof. of Accounting, Faculty of Economics & Management, Urmia University, Urmia, Iran
Abstract
Decisions and thoughts of managers of organizations have a crucial role in advancing organizational goals. So identify their personal characteristics that influence their decisions and can be the reason for incompetence and managerial inadequacies in different levels of management and leadership of the organizations is important.
Corporate owners use corporate governance mechanisms to reduce the opportunistic behavior of managers and protect the rights of stakeholders. In this regard, the present study aims to investigate the type and direction of the effect of management behavioral aspects on stakeholder management. also, the role of moderating the quality of corporate governance in this regard has been studied. To achieve the objective of the research, a sample of 96 companies listed on the Tehran Stock Exchange over a period of ten years (from 2010 to 2019 ) was used. The statistical results of the research hypotheses indicate that among the behavioral aspects studied in this study, manager's myopic has a negative and significant effect on stakeholder management. But manager's overconfidence and narcissism do not have a significant effect on stakeholder management. The results also showed the quality of corporate governance has no significant effect on the relationship between management behavioral aspects and stakeholder management.
Keywords