Designing a manager's reward measurement model with a financial reporting transparency approach (Study case: Iran's National Oil Products Distribution Company)

Document Type : Research Paper

Authors

1 Department of Accounting, Kermanshah Branch, Islamic Azad University, Kermanshah, Iran

2 Department of Accounting, Ilam Branch, Islamic Azad University, Ilam, Iran

3 Department of Accounting, Kermanshah Branch, Islamic Azad University, Kermanshah, Iran.

Abstract

Subject and Purpose: The remuneration of managers and its measurement, especially in public companies, is one of the challenges of the economy of developing countries, and applying approaches such as transparency of financial reporting can be useful in this regard. In this regard, this research was carried out with the aim of designing a model for assessing managers' rewards with the approach of transparency of financial reporting in Iran's National Oil Products Distribution Company.
Research Method: The method of conducting this research is mixed (qualitative-quantitative). In the qualitative part, after analyzing interviews with 20 experts, 21 indicators were identified and extracted. In the quantitative part, first, using the self-interaction matrix, the relationship and effectiveness of the indicators were collected with the help of experts. Then, with ISM MATLAB software, the data were analyzed in the form of self-interaction matrix.
Research Findings: Achieving a five-level model consisting of 21 indicators, of which the 2 indicators of reporting transparency and alignment of financial reporting with international reporting standards are the most effective. Also, 9 indicators act as the most influential and 10 indicators act as interfaces in this model.
Conclusion, originality and its addition to knowledge: alignment of financial reporting with international reporting standards showed that uniformity, transparency and comparability of reports and financial statements is only possible with the help of these standards. Because, these standards specify how companies record documents, report expenses and revenues.

Keywords

Main Subjects

Governmental Accounting
Volume 11, Issue 1 - Serial Number 21
October 2024
Pages 117-130

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History

  • Receive Date: 22 May 2024
  • Revise Date: 19 November 2024
  • Accept Date: 25 November 2024

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