Examining the role of philanthropic behavior and working capital management on the relationship between corporate governance factors and sales growth

Subject Areas :

MohammadAli  Razi ¹ (MasterMaster's student in accounting, Islamic Azad University, Quds branch, Tehran, Iran)
Mohsen  Amini Khozani ² (Assistant Professor, Department of Financial Engineering, Islamic Azad University, Quds City Branch, Tehran, Iran)
mohammad  norouzi ³ (Assistant Professor, Department of Accounting, Gonbadkavos University, Gonbadkavos, Iran)

Received: 2022-11-13 Accepted : 2023-02-15 Published : 2022-11-22

Keywords: Ownership Structure, Working Capital Management, philanthropic behavior,

Abstract :

The purpose of this research was to investigate the role of philanthropic behavior and working capital management on the relationship between corporate governance factors and sales growth. The spatial domain of this research was the companies accepted in Tehran Stock Exchange and the temporal domain was the years between 2013 and 2019. In this research, corporate governance factors were considered as independent variables and sales growth as a dependent variable. The current research is in the category of applied research, if the classification of research types based on nature and method is considered, the present research method is It is in the category of descriptive research, and in terms of method, it is also considered in the category of correlational research. In this research, the library method was used to collect data and information. In the data section, the research was done by collecting the data of the sample companies by referring to the financial statements, explanatory notes and the stock exchange monthly. Based on the method of systematic elimination, 135 companies were selected as a statistical sample. The results obtained in this research are consistent with the documents mentioned in the theoretical framework of research and financial literature.