Accounting and Auditing Research

Accounting and Auditing Research

The Effect of Competition in Market on Non-Manufacturing Companies' Financial Stability (Financial and Insurance Institutions)

Document Type : Original Article

Authors
Abstract
The aim of this paper is to investigate the effect of competition on the financial stability of non-manufacturing companies (financial and insurance institutions). The research branch and ex post facto quasi-experimental research is based on the actual stock market and financial statements of companies listed on the Stock Exchange is done. In this study, financial information 21 companies listed in Tehran Stock Exchange during the period 2010 to 2014. For analyzing the results, multivariate linear regression was used.The results imply that there is a significant relationship between the competitiveness of the market and financial stability.
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