Investigating the effect of excessive self-esteem management on empirical manipulation of bankruptcy and bankruptcy model in companies admitted to( Tehran Stock Exchange.

Subject Areas : Social Science Quarterly

مریم نادری ¹ , akbar rahimipoor ² , فاطمه افشار ³

1 - ازاد
2 - علوم
3 - ازاد

Received: 2017-02-11 Accepted : 2017-02-20 Published : 2017-03-21

Keywords: bankruptcy, Excessive Trust Management, Profit Manipulation, Core Model, Altman Model,

Abstract :

The present study attempts to investigate the effect of excessive self-esteem management on profit manipulation and bankruptcy in companies admitted to Tehran Stock Exchange during the years 2012-2016. In this research, excessive management trust is measured based on two predicted profit indicators and capital expenditures. The results of the statistical tests indicate that the management's insecurity on bankruptcy of companies is not effective, but it influences profit manipulation. In fact, the results show that bankruptcy of companies is independent of the level of self-confidence over management, based on the projected profit criterion and capital expenditures.But, given the positive and meaningful effects of excessive self-confidence on the basis of the predicted profit index and capital expenditure on manipulating corporate profits, this research hypothesis is confirmed.But, given the positive and meaningful effects of excessive self-confidence on the basis of the predicted profit index and capital expenditure on manipulating corporate profits, this research hypothesis is confirmed.