Designing a Model for Measuring the Impact of Intellectual Capital, Profit Quality, Audit Report and Capital Structure on Bankruptcy Risk of Tehran Stock Exchange Companies
Subject Areas : Journal of Investment Knowledge
Narjes Mogharebi
1
(
PhD Student, Department of Financial Management, Faculty of Management, UEA Branch, Islamic Azad University, Dubai, UEA
)
Ali Asghar Anvary Rostamy
2
(
Professor of Finance, Department of Planning & Management, Management Study & Development Centre, Tarbiat Modares University, Tehran, Iran.
)
Roya Darabi
3
(
Professor of Accounting, Department of Accounting, Faculty of Management, South Tehran Branch,
Islamic Azad University, Tehran, Iran
)
hamidreza vakilifard
4
(
Associate Professor, Department of Accounting, Faculty of Management, Science & Research Branch, Islamic Azad University, Tehran, Iran.
)
Keywords: Audit Report, profit quality, Intellectual Capital, bankruptcy forecast, Capital Structure,
Abstract :
The purpose of this study is to design a model to investigate the impact of variables of intellectual capital, profit quality, nature of audit report and capital structure on the risk of bankruptcy of Tehran Stock Exchange companies. The present study is an applied, analytical-mathematical research. Its spatial territory is Tehran Stock Exchange and its temporal territory is from 1391 to 1397. In this study, regression test method has been used to predict bankruptcy. Findings show that intellectual capital of 0.212 of changes in bankruptcy risk forecasting, profit quality of about 0.207 of changes of bankruptcy risk forecasting, nature of audit report 0.194 of changes of bankruptcy risk forecasting, and structure Capital 0.362 predicts changes in corporate bankruptcy risk.
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