Investigation the Effect of Income Smoothing and AuditorÃ¢ÂÂs Opinion on the Financial Bankruptcy of Companies Listed in the Tehran Stock Exchange
Fadaee M* and Chashmi NA
Department of Accounting, Science and Research Branch, Islamic Azad University, Mazandaran, Iran
- *Corresponding Author:
- Fadaee M
Department of Accounting
Science and Research Branch
Islamic Azad University
E-mail: [email protected]
Received Date: July 11, 2016; Accepted Date: August 01, 2016; Published Date: August 12, 2016
Citation: Fadaee M, Chashmi NA (2016) Investigation the Effect of Income Smoothing and Auditor’s Opinion on the Financial Bankruptcy of Companies Listed in the Tehran Stock Exchange. Arabian J Bus Manag Review 6:264.
Copyright: © 2016 Fadaee M, et al. This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
The aim of study is to investigate the effect of income smoothing and auditor’s opinion on the financial bankruptcy of companies listed in Tehran stock exchange. In the analyses was used data of 70 companies listed in Tehran Stock Exchange in the period 2006 to 2013 and research hypotheses were analyzed with the help of statistical method of logistic regression. Significant variable coefficients and the model was confirmed in 95% confidence level. The research results showed that there is significant relationship between income smoothing and auditor’s opinion with financial bankruptcy of companies.