The impact of debt default dimensions and buying opinions on financial status with the moderating role of business continuity

Document Type : Original Article

Authors
Arash Kazemi 1
ali SAYADI SOMAR 2
parviz mamsalehi 3
Sasan Amiri 4
1 M.Sc. Islamic Azad University, Science and Research Branch, Tehran, Iran
2 Assistant Prof. of Accounting Department, Lorestan University, Lorestan, Iran
3 Instructor of Accounting Department, Payam Noor University, Tehran, Iran -p.mamsalehi@pnu.ac.ir
4 .M.Sc.Accounting
10.22034/jmaak.2025.77675.4293
Abstract
The impact of debt default dimensions and buying opinions on financial status with the moderating role of business continuity

Abstract
The purpose of the research is to investigate the impact of debt default and buying comments on the financial status of companies with the moderating role of continuing the company's activity. Because these factors are the necessary background for adopting guidelines for the transparency of financial and non-financial information of companies and attracting domestic and foreign investors and economic prosperity of the country. The data needed for the research has been collected through the new Rahvard database and reports published in the comprehensive information system of publishers of the Stock Exchange Organization (Kodal website). The statistical population of the present study includes all the companies admitted to the Tehran Stock Exchange that have the same conditions. For this purpose, the information of 127 companies admitted to the Tehran Stock Exchange in the period of 2015 to 2015 was extracted based on the research variables through Rahvard Novin software and analyzed with the help of regression method with panel data approach in Eviews9 software. In order to measure the purchase of the auditor's opinion, the two-state model of Simamura and Hendarjatno (2019) was used. The results of the research show that the impact of debt default, purchase of opinion as variables affecting the financial status of companies as a dependent variable has a significant reverse. Also, the results of the test of the moderating role of continuity of activity showed that continuity of activity strengthens the effect of debt default, purchasing comments on the company's financial status.
Keywords
Keywords: Debt default
Auditor Opinion Shopping
Going Concern
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