Record Details

The Impact of Financial Pressures and Risk Management on Financial Performance of Investment Firms and Banks

Academic Journal of Accounting and Economic Researches

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Field Value
 
Title The Impact of Financial Pressures and Risk Management on Financial Performance of Investment Firms and Banks
 
Creator Jobleh, Ramazanali
Abdoli, MohammadReza
Mahmoodzadeh, AliAsghar
 
Description In developed economies, the key role of risk management in realization of organizational goals has been well recognized so that its achievements have been correctly exploited. However, in most developing countries, the importance of risk management has not been recognized. The lack of proper risk management systems has resulted in significant losses. Managers in all organizations dealing with risk. Given the importance of risk management, the present study examines the impact of financial pressures and risk management on financial performance of investment firms and banks. For this purpose, 106 firms listed on Tehran Stock Exchange (TSE) were studied for a 5-year period from 2006 to 2011. The results of hypothesis testing showed that there is no significant correlation between risk, financial performance and financial performance of investment firms. However, a significant correlation was found between financial constraints and risks and financial performance of investment firms and banks.
 
Publisher Academic Journal of Accounting and Economic Researches ISSN 2333-0783
 
Contributor —
 
Date 2020-01-30
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
application/xml
 
Identifier http://worldofresearches.com/ojs-2.4.4-1/index.php/ajaer/article/view/917
 
Source Academic Journal of Accounting and Economic Researches ISSN 2333-0783; Vol 9, No 1 (2020): January 2020
2333-0783
2375-7493
 
Language eng
 
Relation http://worldofresearches.com/ojs-2.4.4-1/index.php/ajaer/article/view/917/741
http://worldofresearches.com/ojs-2.4.4-1/index.php/ajaer/article/view/917/742
 
Rights Copyright (c) 2020 Academic Journal of Accounting and Economic Researches ISSN 2333-0783
http://creativecommons.org/licenses/by-nc/4.0