The effect of companies' debt structure and investment on the financial distress of companies admitted to the Tehran stock exchange

This study aimed to evaluate the effect of companies’ debt structure and investment on the financial distress of companies listed on the Tehran Stock Exchange. This applied study was conducted on companies listed on the Tehran Stock Exchange in ۲۰۱۶-۲۰۲۱, ۱۲۰ of which were selected by screening. The research hypotheses were tested, and the results were analyzed using panel data, Generalized least-squares (GLS) regression, and EViews software version ۱۰. Based on the results, the capital structure had a positive and significant effect on the financial distress of listed companies. In addition, there was a significant negative relationship between investment and financial distress.

کلیدواژه ها:

Capital structure ، financial distress ، Company Investment