The Moderating Role of Corporate Reputation on the Relationship Between Eight Criteria and Fraudulent Reporting: Evidence from the Tehran Stock Exchange

Nowroozi Sani Yadaki, Milad; Ensaf, Ali; Nowroozi Sani Yadaki, Reza

doi:10.22034/jsm.2026.576836.1056

The Moderating Role of Corporate Reputation on the Relationship Between Eight Criteria and Fraudulent Reporting: Evidence from the Tehran Stock Exchange

Document Type : Original Article

Authors

Milad Nowroozi Sani Yadaki ¹

Ali Ensaf ²

Reza Nowroozi Sani Yadaki ³

¹ Master of Science Department of Accounting, Faculty of Administrative Sciences and Economics, Khayyam University, Mashhad, Iran

² Master of Science Department of Accounting, Faculty of Administrative Sciences and Economics, Ferdowsi University, Mashhad, Iran

³ Expert in Management Department, Faculty of Administrative Sciences and Economics, Ferdowsi University, Mashhad, Iran

10.22034/jsm.2026.576836.1056

Abstract

In recent years, accounting-based financial scandals stemming from fraudulent financial reporting have adversely impacted financial markets and eroded investor confidence. To establish and maintain trust within financial markets, the quality of financial reporting must be enhanced. This improvement requires the identification of factors that drive fraudulent financial reporting—an issue of paramount importance for both individual corporations and society at large. In this regard, the present study was conducted to investigate the moderating role of corporate reputation on the relationship between Eight Criteria and fraudulent reporting. The statistical population comprises companies listed on the Tehran Stock Exchange between 2014 and 2023 (1393 to 1402 SH). Utilizing the systematic elimination method (purposive sampling), 152 companies were selected as the research sample. In terms of classification by objective, this is applied research, regarding data collection methods, it is descriptive-correlational; and in terms of time horizon, it is an ex-post facto (retrospective) study. Multivariate regression analysis was employed to test the research hypotheses. Furthermore, Excel and Stata software packages were used for data analysis. The research findings revealed that corporate reputation exerts a significant impact on the relationship between "projected financial targets" and fraudulent financial statements. However, corporate reputation does not significantly moderate the relationships between CEO change, financial stability pressure, nature industry, auditor change, external expectation pressure, narcissism, and opportunism with fraudulent financial reporting.

Keywords

Fraudulent Reporting

Fraud

Financial Statements

Company Reputation

Subjects