نوع مقاله : مقاله پژوهشی
نویسندگان
1 دانشگاه تهران
2 دکتری مدیریت راهبردی، دانشگاه و پژوهشگاه عالی دفاع ملی و تحقیقات رهبردی، تهران، ایران
کلیدواژهها
عنوان مقاله English
نویسندگان English
In today's competitive world, companies face numerous challenges to survive and continue their activities. The ability of managers, especially CEOs, plays a key role in overcoming these obstacles. By using appropriate financial strategies, they can prevent the company's operational activities from stopping. This study aimed to analyze the role of managers' ability in preventing the halt of companies' operations, with an emphasis on financial strategies, in companies listed on the Tehran Stock Exchange. The library study method was used to collect theoretical information. Also, data from the financial statements of 145 listed companies were collected in the period 2016-2023 to test the research hypotheses. For data analysis, a multivariate regression model with a panel data approach and random effects method were used. The findings of the study showed that managerial ability is negatively related to the cessation of operations of companies; meaning that managers with higher skills can prevent the cessation of operations. Also, financial strategies have a negative and significant relationship with the cessation of operations. Finally, the results indicate that financial strategy has a positive and significant effect on the relationship between managerial ability and the prevention of the cessation of operations. In particular, aggressive financial strategies strengthen this relationship and help managers to prevent the cessation of company activities more effectively.
کلیدواژهها English
