The effectiveness test of customer concentration on cash holdings adjustment speed in listed companies in Tehran Stock Exchange

Subject Areas : Financial Knowledge of Securities Analysis

Mohammad Amin  Rastegar ¹ (M.A in Financial Management, Islamic Azad University, Ghods Branch, Tehran, Iran)

Received: 2022-05-07 Accepted : 2022-05-07 Published : 2022-02-20

Keywords: Corporate social responsibilit, Organizational risk management, and Managerial Overconfidence:,

Abstract :

Companies operate in environments where the company's ability to make a profit alone cannot guarantee the company's growth and survival. But maintaining the balance between business growth and social growth is expected to increase the company's profitability to some extent. Therefore, the purpose of this study is to investigate the adjusting role of real profit management on the relationship between organizational risk management and management overconfidence with social responsibilities in companies listed on the Tehran Stock Exchange. In this regard, 101 companies (707 year-company views) listed on the Tehran Stock Exchange during the period 1392 to 1398 have been studied. In order to test the research hypotheses, the multiple linear regression model was used using panel data. The results of this study show that there is a positive and significant relationship between organizational risk management and managerial overconfidence with corporate social responsibilities. Also, the research findings showed that real profit management weakens the relationship between organizational risk management and managerial overconfidence with corporate social responsibilities.

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