نوع مقاله : مقاله پژوهشی
نویسنده
استادیار گروه حسابداری دانشکده اقتصاد و مدیریت دانشگاه پیام نور
چکیده
کلیدواژهها
موضوعات
عنوان مقاله [English]
نویسنده [English]
The current research aims to trace the role of readability of financial statements on the speed of adjustment of companies' commercial credit. In order to achieve the objectives of the research, a sample of 135 companies admitted to the stock exchange, which were selected according to the systematic exclusion pattern, was collected for a period of 13 years from 2010 to 2022. To test the research hypotheses, a multivariate regression model with the generalized moments approach (GMM) was used. To measure the speed of trade credit adjustment, the model previously developed by Lu (2022) and Aflatooni et al (2022) and to measure the readability of financial statements, the Fog index was used. The results of the research hypothesis test showed that the speed of adjustment of commercial credit in the research sample is about 70%, that is, companies are able to compensate 70% of the gap created in each year to optimal commercial credit. Also, the readability of financial statements has an effect on the speed of adjustment of commercial credit, and by improving this factor, the speed of companies achieving optimal commercial credit will increase. The current research provided evidence that shows that less complexity of financial statement information for credit users and suppliers can increase the speed of commercial credit adjustment in reaching the target commercial credit.
کلیدواژهها [English]
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