Journal of Accounting and Management Vision

Journal of Accounting and Management Vision

Examining the effect of monetary policy on the performance of companies with a focus on financial sanctions

Document Type : Original Article

Authors
1 mizan
2 PhD student in Public Administration - Human Resources, Islamic Azad University, Tabriz Branch, Tabriz, Iran.
Abstract
Monetary policy adjustments through interest rate changes, with a major focus on net profit margins, have a significant impact on corporate profits. And since the mechanisms through which monetary policies affect firm performance are multifaceted, they confound firm performance responses. Given these light facts, the relationship between monetary policy and firm performance is an essential empirical issue that should be comprehensively addressed. Therefore, the purpose of this research is to investigate whether exchange rate fluctuations have a significant effect on the relationship between market power and company performance. The statistical population of companies admitted to the Tehran Stock Exchange between 2015 and 2019 and using the information of 120 companies and the multivariable linear regression method, the hypothesis was tested. The results of the first hypothesis test indicate that there is a significant relationship between monetary policy and the performance of companies. Also, the results of the second hypothesis indicate that the interactive variable of financial sanctions moderates the relationship between monetary policy and company performance.
Keywords