Measuring cost strategies, cost, cash and inventory based on consistent decisions in industry group companies

Subject Areas : Financial engineering

mahmoud kochakzadeh tahamtan ¹ , Frydoon Rahnamay Roodposhti ² , HAMIDREZA KORDLOUIE ³ , shadi shahverdiani ⁴ , maziar ghasemi ⁵

1 - Department of Financial Engineering, Shahr-E-Qods Branch, Islamic Azad University, Tehran, Iran.
2 - Department of Business Management, Science and Research Branch, Islamic Azad University, Tehran, Iran
3 - Department of Financial Management, Islamshahr Branch, Islamic Azad University, Tehran, Iran
4 - Department of Financial Engineering, Shahr-e-Quds Branch, Islamic Azad University, Tehran, Iran
5 - Department of Finance, Adiban Higher Education Institute, Semnan, Iran

Received: 2022-04-04 Accepted : 2022-08-31 Published : 2023-06-22

Keywords: Cost Strategy, Cash Strategy, Inventory Strategy,

Abstract :

Organizations have been placed in a complex economic, technological, political and social environment and grow along with other businesses by trying to achieve their strategic goals. What is considered as one of the main components in business continuity is creating and maintaining the company's competitive advantage. This research measures expenses, actual cost, cash, and inventory strategies based on consistent decisions in industry group companies.In this research cost strategies, actual cost, cash and inventory have been measured based on similar decisions in industry group companies, among 114 companies accepted in the Tehran Stock Exchange and for the period 2014-2019, with a total of 624 observations are Available for research. In this research, variables were identified by using interviews with experts. The statistical method used in this research is the multivariate regression method using the panel data method. The results of research hypotheses show that the strategies of inventory, cost, cash and expenses in each company are significantly influenced by similar strategies of peer companies in their industry.