نوع مقاله : مقاله پژوهشی
نویسندگان
1 استادیار، گروه حسابداری، دانشگاه پیام نور، تهران، ایران
2 دانش آموخته کارشناسی ارشد حسابداری، دانشگاه گیلان، رشت، گیلان، ایران
چکیده
کلیدواژهها
عنوان مقاله [English]
نویسندگان [English]
This research was conducted with the aim of investigating the non-linear effect of profit management and business strategy on the company's bankruptcy risk using the generalized method of moments (GMM). This research is considered as an applied research from the objective aspect, and from the aspect of inference, it is placed in the descriptive-correlation research group. In order to collect information, 143 companies were selected as a statistical sample from the Tehran Stock Exchange in the period of 1391 to 1400. Hypotheses testing was done using regression model of combined data which is a combination of cross-sectional and time series data as well as generalized moments (GMM) in EViews10 software. The results obtained at the 95% confidence level showed that profit management does not have a significant non-linear effect on the company's bankruptcy risk. Also, the business strategy has a significant non-linear (inverted U shape) effect on the company's bankruptcy risk. Therefore, it can be said that the implementation of the business strategy in the company will first increase the risk of bankruptcy and from one level to the next, it will lead to the reduction of the risk of bankruptcy.
کلیدواژهها [English]
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