The model of the value space of accounting information in Iran's capital market: a foundational theory approach

Document Type : Original Article

Authors
Javad Rezaei 1
Asgar Pakmaram 2
Nader Rezaei 2
Rasoul Abdi 2
1 Ph.D, student, Accounting Department, Kerman Branch, Islamic Azad University, Kerman, Iran
2 Associate Professor, Department of Accounting, Bonab Branch, Islamic Azad University, Bonab, Iran
10.30495/jik.2024.77724.4552
Abstract
The purpose of this research is to provide a model of the value space of information, which has been done using a qualitative approach (foundational data theory). The tool for collecting information was a semi-structured interview with experts and a questionnaire. For this purpose, in the qualitative section in 1401, using the purposeful sampling approach (snowball), in-depth interviews were conducted with 15 experts who had opinions and experience in the subject of this research, up to the saturation stage. In general, the results showed that in terms of causal conditions, most of the experts and experts in the field of financial reporting and investment believed that the most important factors affecting the value space of information are categories such as political connections, company size, information asymmetry, and reward motivation. , the pressure of the capital market and the ethical values of reporting. The central category in this research is the value space of information, which is the first main category related to the value space and usefulness of information, including subcategories such as relevance, fair presentation, comparability, confirmatory value, timeliness and comprehensibility, and the second main category It is related to the space of entropy and usefulness of information, which includes two categories of uncertainty and information cost. Three main categories, i.e. key factors and cultural factors, formed the background conditions.
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