Investigating the relationship between social crises and quality of managers' financial decision-making: the mediating role of financial crisis

Iranian Journal of Accounting, Auditing and Finance

مقالات آماده انتشار، پذیرفته شده، انتشار آنلاین از تاریخ 29 اسفند 1403

نوع مقاله: Original Article

شناسه دیجیتال (DOI): 10.22067/ijaaf.2025.92205.1527

نویسنده

mohamad ali bagher pour^*

چکیده

Managers often lean towards conservative financial decisions during social crises and unstable times. This issue can lead to reduced investment, limited growth, and unfavorable financial performance, which shows the necessity for further research in this field. Therefore, the main objective of this article is to examine the relationship between social crises and the quality of managers' financial decision-making regarding the mediating role of a financial crisis. The study population consists of companies listed on the Tehran Stock Exchange (TSE). A systematic elimination method was used to select an appropriate sample from the target population. Eviews 10 software and Pearson correlation and multiple regression tests were used to analyze the data. The research findings show a significant negative relationship between social crises and the quality of managers' financial decision making, and a significant positive relationship between social crises and financial crises. Furthermore, the mediating role of the financial crisis in the relationship between social crises and the quality of managers' financial decision-making is rejected. This research offers valuable insights into the challenges of financial decision-making during critical conditions and assists managers and policymakers in developing more effective strategies in unstable situations.

کلیدواژه‌ها

Financial crisis؛ social crises؛ decision-making؛ quality of financial decision-making