Investigating the moderating role of personality traits in the relationship between decision-making styles and profit management (actual and accrual) in financial managers

Document Type : Original Article

Authors
Manouchehr Aravand 1
Hamidreza Kordlouie 2
Zohreh Hajiha 3
Mohammadhamed Khanmohammadi 4
Tahereh Mahmoudiyan dastnaee 5
1 Department of Accounting, Kish International Branch, Islamic Azad University, Kish Island, Iran
2 Department of Accounting, Kish International Branch, Islamic Azad University, Kish Island, Iran Associate Professor, Department of Financial Management, Islamshahr Branch, Islamic Azad University, Islamshahr, Iran
3 Professor. Department of Accounting, south Tehran Branch, Islamic Azad University, Tehran, Iran
4 Associate Professor. Department of Accounting, Damavand Branch, Islamic Azad University, Damavand, Iran.
5 Department of Psychology, Behshahr Branch, Islamic Azad University, Behshahr, Iran.
10.22034/jmaak.2026.23980
Abstract
Abstract
In the accounting literature, the decision-making approach as a dominant theory in accounting explains the theory of the company. Descriptive research method is correlation. Decision-making styles are independent variables and profit management is the dependent variable, and the five personality factors of Neo are the moderating variables. The statistical population includes all the financial managers of the member companies of the Tehran Stock Exchange in 1400. The total number of companies is 540 companies, and finally 120 companies were selected as a sample after screening (systematic exclusion). In order to measure the profit management based on the study of Klikman and Henning (2000), a scenario was first designed and then the scores extracted from the scenario were considered as the score of profit management. The tools used include Scott and Bruce's general decision-making styles questionnaire and Neo's five-factor questionnaire. Structural model with Smartpls software was used to analyze the results. The results showed that 45.7% of the changes related to scenario benefit management by decision-making styles interacted with extraversion personality trait, 51.4% interacted with flexibility trait, 42.2% interacted with adaptability trait, 6.6 46% is explained by the interaction with the characteristic of conscientiousness and 46.8% by the interaction with the personality characteristic of neuroticism. And due to the importance of personality traits in the decision-making process of managers, the implementation of personality tests during the selection of managers can be one of the most essential parts of recruitment and selection of human resources.
Keywords
scenario-based profit management
decision-making styles
five neo personality factors
financial managers
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