IDEAS home Printed from https://ideas.repec.org/a/rnd/arimbr/v4y2012i1id145.html

The Comparison of the Ownership Structure at Different Level of the Financial Collapse in Listed Firms of Tehran Stock Exchange

Author

Listed:
  • Saeid Jabbarzadeh Kangarlouei
  • Vida Fattahi
  • Morteza Motavassel

Abstract

The main objective of this study is to compare ownership structure of different levels of collapse in listed companies of Tehran Stock Exchange (TSE). Study variables are the ownership structure that includes governmental ownership, private ownership (corporate ownership and individual ownership) and the different levels of collapse including latency stage, the stage of cash deficits and commercial and financial insolvency and complete collapse. Altman model (Z´- Score) is used to predict the collapse of firm and Chi-Square test is used to test the research hypothesis. The study is the applied research and statistical population of study includes 96 collapse firms that are active in the TSE (subject to Business Law Article 141). Given the availability of financial information of distressed companies in 7 years between 2004-2010 years, a sample of 81 members was selected. The results show that the ownership structure of collapsed firms is independent from their different levels of collapse.

Suggested Citation

  • Saeid Jabbarzadeh Kangarlouei & Vida Fattahi & Morteza Motavassel, 2012. "The Comparison of the Ownership Structure at Different Level of the Financial Collapse in Listed Firms of Tehran Stock Exchange," Information Management and Business Review, AMH International, vol. 4(1), pages 49-55, January.
    • Handle: RePEc:rnd:arimbr:v:4:y:2012:i:1:id:145
    DOI: 10.22610/imbr.v4i1.963
    as

    Download full text from publisher

    File URL: https://amhinternational.com/imbr/article/view/145-the-comparison-of-the-ownership-structure-at-different-level-of-the-financial-collapse-in-listed-firms-of-tehran-stock-exchange
    File Function: Abstract page
    Download Restriction: no
    File URL: https://amhinternational.com/imbr/article/download/145-the-comparison-of-the-ownership-structure-at-different-level-of-the-financial-collapse-in-listed-firms-of-tehran-stock-exchange/2d03cb80-6ccc-43ed-910c-dca655c69d6b
    File Function: Full text
    Download Restriction: no
    File URL: https://libkey.io/10.22610/imbr.v4i1.963?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rnd:arimbr:v:4:y:2012:i:1:id:145. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AMH International (email available below). General contact details of provider: https://amhinternational.com/imbr .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.