Sales growth and risk taking of companies: Evidence from Tehran Stock Exchange

Document Type : Original Article

Author

Ph.D. in Accounting, Qazvin Branch, Islamic Azad University, Qazvin, Iran

Abstract

This study’s main objective is to examine the impact of industry sales growth on the risk taking of companies listed on Tehran Stock Exchange (TSE). This research is classified as an applied research in terms of objective and a correlational study in terms of methodology and nature, using regression analysis to obtain model coefficients. The statistical population includes all companies listed on Tehran Stock Exchange, and the statistical sample consists of 127 companies selected by systematic elimination method listed over the years 2018 to 2022. The hypotheses were tested by the Estimated Generalized Least Squares (EGLS) method with a random effects pattern. According to the results, industry sales growth has a significant negative effect on the risk taking of the companies listed on Tehran Stock Exchange.

Keywords

Main Subjects

References

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New Applied Studies in Management, Economics & Accounting
Volume 6, Issue 4
December 2023
Pages 98-105

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History

  • Receive Date: 04 August 2023
  • Revise Date: 13 September 2023
  • Accept Date: 04 October 2023

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