Developing a Model to Identify the Factors Affecting the Bankruptcy of Companies in Iran
This paper aimed to examine the role of management errors and accounting errors in the factors causing bankruptcy in Iranian firms. Using random sampling method, fifteen experts were recruited to collect the qualitative data. A questionnaire was prepared and finalized using the Delphi method. As for...
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| Format: | Article |
| Language: | fas |
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Alzahra University
2021-09-01
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| Series: | پژوهشهای تجربی حسابداری |
| Subjects: | |
| Online Access: | https://jera.alzahra.ac.ir/article_5673_d3e46bc2fb80982be97da01fba7c0ac9.pdf |
| _version_ | 1797956043143118848 |
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| author | Alereza Mohammadnezami Zahra Lashgari Hossein Izadi |
| author_facet | Alereza Mohammadnezami Zahra Lashgari Hossein Izadi |
| author_sort | Alereza Mohammadnezami |
| collection | DOAJ |
| description | This paper aimed to examine the role of management errors and accounting errors in the factors causing bankruptcy in Iranian firms. Using random sampling method, fifteen experts were recruited to collect the qualitative data. A questionnaire was prepared and finalized using the Delphi method. As for quantitative data, 191 experts accountants, auditors, judges, and lawyers participated in data collection. Research questions examined the relationships between five confounding variables with each other and the items of measurement of each confounding variable with the related variable by employing structural equation modeling method with partial least squares approach and LISREL software. The sample included 191 experts in bankruptcy. Regression was used to test the research questions, the results showed that five factors of managerial errors, criminal conducts, environmental crises, accounting errors, and unpredicted events were major causes of bankruptcy in Iranian firms, with managerial errors being the most important one. Therefore, using modern management techniques at different levels of firms will be useful in preventing managerial errors in decision making and rescuing firms from bankruptcy |
| first_indexed | 2024-04-10T23:42:42Z |
| format | Article |
| id | doaj.art-7ff2e8335b7d4daaa170ed5304d0e83e |
| institution | Directory Open Access Journal |
| issn | 2251-8509 2538-1520 |
| language | fas |
| last_indexed | 2024-04-10T23:42:42Z |
| publishDate | 2021-09-01 |
| publisher | Alzahra University |
| record_format | Article |
| series | پژوهشهای تجربی حسابداری |
| spelling | doaj.art-7ff2e8335b7d4daaa170ed5304d0e83e2023-01-11T05:49:38ZfasAlzahra Universityپژوهشهای تجربی حسابداری2251-85092538-15202021-09-0111322725610.22051/jera.2021.32954.27285673Developing a Model to Identify the Factors Affecting the Bankruptcy of Companies in IranAlereza Mohammadnezami0Zahra Lashgari1Hossein Izadi2PhD Student of Accounting, Islamic Azad University, Bandar e Anzali International Branch, Iran;Assistant Professor Department of Accounting, Central Tehran Branch, Islamic Azad University, Tehran, Iran.Assistant Professor, Department of Accounting, Islamic Azad University, Islamshahr Branch, IranThis paper aimed to examine the role of management errors and accounting errors in the factors causing bankruptcy in Iranian firms. Using random sampling method, fifteen experts were recruited to collect the qualitative data. A questionnaire was prepared and finalized using the Delphi method. As for quantitative data, 191 experts accountants, auditors, judges, and lawyers participated in data collection. Research questions examined the relationships between five confounding variables with each other and the items of measurement of each confounding variable with the related variable by employing structural equation modeling method with partial least squares approach and LISREL software. The sample included 191 experts in bankruptcy. Regression was used to test the research questions, the results showed that five factors of managerial errors, criminal conducts, environmental crises, accounting errors, and unpredicted events were major causes of bankruptcy in Iranian firms, with managerial errors being the most important one. Therefore, using modern management techniques at different levels of firms will be useful in preventing managerial errors in decision making and rescuing firms from bankruptcyhttps://jera.alzahra.ac.ir/article_5673_d3e46bc2fb80982be97da01fba7c0ac9.pdfcauses of bankruptcymanagerial errorsaccounting errors |
| spellingShingle | Alereza Mohammadnezami Zahra Lashgari Hossein Izadi Developing a Model to Identify the Factors Affecting the Bankruptcy of Companies in Iran پژوهشهای تجربی حسابداری causes of bankruptcy managerial errors accounting errors |
| title | Developing a Model to Identify the Factors Affecting the Bankruptcy of Companies in Iran |
| title_full | Developing a Model to Identify the Factors Affecting the Bankruptcy of Companies in Iran |
| title_fullStr | Developing a Model to Identify the Factors Affecting the Bankruptcy of Companies in Iran |
| title_full_unstemmed | Developing a Model to Identify the Factors Affecting the Bankruptcy of Companies in Iran |
| title_short | Developing a Model to Identify the Factors Affecting the Bankruptcy of Companies in Iran |
| title_sort | developing a model to identify the factors affecting the bankruptcy of companies in iran |
| topic | causes of bankruptcy managerial errors accounting errors |
| url | https://jera.alzahra.ac.ir/article_5673_d3e46bc2fb80982be97da01fba7c0ac9.pdf |
| work_keys_str_mv | AT alerezamohammadnezami developingamodeltoidentifythefactorsaffectingthebankruptcyofcompaniesiniran AT zahralashgari developingamodeltoidentifythefactorsaffectingthebankruptcyofcompaniesiniran AT hosseinizadi developingamodeltoidentifythefactorsaffectingthebankruptcyofcompaniesiniran |