Impact of Life Cycle on Corporate Restructuring while in Financial Distress

Q: How can I download an article?

To download an article from SID, first log in to the site, search for the article title, and click on the 'Download Article' option.

Q: How can I download an ISI article?

To download an ISI article on SID, enter the keyword or article title in the search bar, view the relevant results, click on the desired article, and select the 'Download Article' option.

Q: How can I access the SID database?

To access the SID database, visit SID.ir, create an account, and log in to access scientific resources.

Q: Is downloading articles from SID free?

Some articles on SID are available for free, while others require payment. Details are specified on the article's page.

DAMOORI DARIUSH; Hozhabrie Farahnaz

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Journal Paper

Paper Information

Journal: JOURNAL OF ACCOUNTING KNOWLEDGE Year:2019 | Volume:10 | Issue:2 (37) Page(s): 113-135

Download Full-Text

Persian Verion

View:

437

Download:

Cites:

Information Journal Paper

Title

Impact of Life Cycle on Corporate Restructuring while in Financial Distress

Author(s)

DAMOORI DARIUSH | Hozhabrie Farahnaz | Issue Writer Certificate

Keywords

Corporate RestructuringQ1

Life CycleQ1

Financial DistressQ1

Abstract

Objective: The aim of this study is to investigate the impact of Life Cycle on Corporate Restructuring while in Financial Distress. Method: This study uses cluster analysis to classify data, and the Dickinson cash flow patterns (2011) to calculate Life Cycle as well as the Zmijewski modified pattern (2005) to determine Financial Distress. A sample of 100 companies listed in the Tehran Stock Exchange during 2010 to 2014 was surveyed. Result: The results indicated Life Cycle has positive and significant effect on Corporate Restructuring. Also, Life Cycle and Corporate Restructuring have positive and significant effects on the level of Financial Distress. Additionally, results showed that corporate Life Cycle has positive and significant effects on financial restructuring, operational restructuring and asset restructuring, whiles Life Cycle lacks significant effects on managerial restructuring Conclusion: The companies use restructuring during their Life Cycle, and distressed companies use more restructuring strategies in the last stages of their Life Cycle. Hence, as companies reach the final stages of their Life Cycle are more likely to use these strategies. We cannot comment on presence or absence of managerial changes during different stages of the Life Cycle.

Cites

No record.

References

No record.

Cite

APA: Copy

DAMOORI, DARIUSH, & Hozhabrie, Farahnaz. (2019). Impact of Life Cycle on Corporate Restructuring while in Financial Distress. JOURNAL OF ACCOUNTING KNOWLEDGE, 10(2 (37) ), 113-135. SID. https://sid.ir/paper/163457/en

Vancouver: Copy

DAMOORI DARIUSH, Hozhabrie Farahnaz. Impact of Life Cycle on Corporate Restructuring while in Financial Distress. JOURNAL OF ACCOUNTING KNOWLEDGE[Internet]. 2019;10(2 (37) ):113-135. Available from: https://sid.ir/paper/163457/en

IEEE: Copy

DARIUSH DAMOORI, and Farahnaz Hozhabrie, “Impact of Life Cycle on Corporate Restructuring while in Financial Distress,” JOURNAL OF ACCOUNTING KNOWLEDGE, vol. 10, no. 2 (37) , pp. 113–135, 2019, [Online]. Available: https://sid.ir/paper/163457/en

Related Journal Papers