Investigating the effect of financing cost on the reliability of financial statements of companies active in the Tehran stock exchange

Document Type : Research Paper


1 Department of Accounting, Faculty of Humanities, Qaemshahr Branch, Islamic Azad University, Qaemshahr , Iran

2 Department of Accounting, Faculty of Humanitites, Qaemshahr Branch, Islamic Azad University, Qaemshahr , Iran

3 Department of Accounting, Faculty of Humanitites, Qaemshahr Branch, Islamic Azad University, Qaemshahr, Iran


The reliability of financial statements plays an important role in increasing the profit of a company; therefore, the purpose of this study was to investigate the effect of financing costs on the reliability of financial statements of companies active on the Tehran Stock Exchange. The statistical population of this descriptive-correlation study included all the companies accepted and active in the Tehran Stock Exchange from the years 2015 to 2019, and the data of the financial statements of 119 active companies during this time period were analyzed using regression models. The results showed that the cost of financing had an inverse and significant effect on the reliability of the companies financial statements. Therefore, taking advantage of the reliable structure of financial statements for financing can be one of the goals of companies in order to increase profits.


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Volume 15, Issue 3
March 2024
Pages 351-356
  • Receive Date: 15 June 2022
  • Revise Date: 19 September 2022
  • Accept Date: 21 September 2022