The effect of Business Strategies and firm’s risk with emphasis on management ability

Subject Areas : business management

seyed hesam vagfi ¹ , zohre nilofari ²

1 - Department of Management, Economics and Accounting, Payame Noor University, Tehran, Iran
2 - Department of Management, Economics and Accounting, Payame Noor University, Tehran, Iran

Received: 2021-08-04 Accepted : 2021-10-17 Published : 2021-12-22

Keywords: Management Ability, Business Strategies, firm’s risk,

Abstract :

The effect of Business Strategies and firm’s risk with emphasis on management abilityAbstractThe present study the effect of Business Strategies and firm’s risk with emphasis on management ability. This research is practical in terms of purpose and in terms of methodology, the correlation is of the causal type (after event). The systematic elimination sampling, 135 companies were selected as sample and were investigated in the period of 6 years between 2011 and 2019. The method used to collect information is a library and data are collected for measuring variables from the codal website and corporate financial statements and in Excel, basic calculations have been made then, to test the hypotheses of the software stata was used. The results of the research show that business strategy has a direct impact on systematic risk. However, business strategy has the opposite effect on financial crisis risk and financial risk. Management ability does not affect the relationship between business strategy and financial crisis risk. Also, management ability does not affect the relationship between business strategy and financial risk. Management ability has a direct impact on the relationship between business strategy and systematic risk.Keyword: Business Strategies, firm’s risk, management ability