Presentation financial information and decision-making styles of users of financial information: Mental accounting theory test
Quarterly Journal of Securities Exchange

Quarterly Journal of Securities Exchange

Presentation financial information and decision-making styles of users of financial information: Mental accounting theory test

Document Type : Original Article

Authors
mohsen archin lisar 1
Mahdi Moradzadeh Fard 2
bahram hemati 3
1 Ph.D. Student in Accounting, Islamic Azad University, Karaj Branch, Karaj, Iran
2 Associate Professor, Department of Accounting, Islamic Azad University, Karaj Branch, Karaj, Iran
3 Assistant Professor of Accounting, Islamic Azad University, Karaj Branch, Karaj, Iran
10.22034/jse.2020.11496.1640
Abstract
Mental accounting refers to the psychological segregation of individuals in resources and how individuals are tracked in the use of resources. In other words, a set of cognitive measures defined by individuals and families to organize, evaluate and track financial activities. The purpose of this study was to investigate the relationship to present financial information and decision-making styles with judjment of financial users. In order to achieve this goal, a sample of 200 accountants and financial managers who were active in financial markets were randomly selected. The method of data collection is descriptive-survey. Data were collected from both library and field methods. A questionnaire was used to collect information. The reliability of the data collection tool was evaluated using combined reliability and its validity was confirmed using factor analysis techniques. To test the research hypotheses, the structural modeling-equation method has been used. The results of hypothesis testing show that in different cases of profit and loss announcement, the styles affecting the judgment and decision-making of users are different. Based on these results, it can be said that the way information is presented influences users 'judgments based on users' decision-making styles.
Keywords
Decision Making Styles
Judgment and Decision-Making
Presentation Financial Information
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Quarterly Journal of Securities Exchange
Volume 13, Issue 52
Winter 2021
Pages 245-268