Government relations and profitability stability of companies listed on the Tehran Stock Exchange

Document Type : Original Article

Authors

1 عضو هیات علمی

2 مدرس

3 save

Abstract

In business units, the most important source of cash is normal and operational activities. Profit is a measure of the current cash flow activities. Stability and continuity of profits indicate the continuation of cash inflows and thus increase the firm's strength. The aim of this study was to study government relations and profitability stability in the statistical population of companies listed on the stock exchange, the final sample of which was selected by systematic elimination method, in the period 2006 to 2017. The data collected from the variables in two descriptive and inferential parts were analyzed in Eviews software. The results show that the profitability of state-owned companies is quite different from that of publicly owned companies in the long run, in terms of changing operating conditions, on the other hand, the profitability of non-government owned companies But at the same time, they have presenters who are politically dependent, undergoing a different functional change over a longer period of time.

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