نشریه تحلیل مالی
سال چهارم شماره 2 (زمستان 1399)

This study aims to investigate the relationship between strategic orientation, marketing performance and market performance in SMEs. The statistical population of this study was all managers of small and medium business companies in Tehran in 2020. Using 244 idea and collecting information by a researcher-made questionnaire based on Gotland, Shakoff and Sarin (2020) and applying SPSS and PLS statistical software in analyzing, the results show that responsive market orientation and technology orientation have a positive and significant relationship with active market orientation and market pioneer. Other results also showed that active market orientation has a positive and significant relationship with market leader, sales and growth rate. The results also indicated that the market leader has a positive and significant relationship with sales and growth.

Today’s world, management plays a crucial role in increasing the efficiency and productivity of companies. Among the four key factors of success in organizations including labor, capital, raw materials and management, the role of management is more important today than ever. In today's competitive world, there is a lot of pressure to achieve the desired results quickly and, consequently, quick decisions that managers play a vital role in implementing, and sometimes due to not achieving the desired results, managerial changes are made in the organization as soon as possible. Therefore, this study examines the impact of the CEO's tenure on the relationship between the quality of accruals and financing through bank debt. To conduct this research, a sample of 102 companies listed on the Tehran Stock Exchange was selected.
This research was conducted in the period of six years from 2014  to 2019, in which 612 observations are available for research. The statistical method used in this research is multivariate regression method using data panel method. The results of the research hypothesis show that the quality of accruals directly affects the financing through bank debt and with the increase of the CEO's tenure on the quality of accruals and financing in the company is also strong. It happens higher.

Nowadays, one of the constant concerns of companies is the proper financing of the company and with the growth and development of financial science and designing all kinds of financing instruments in the world to finance the companies, the companies to finance themselves with There are a multitude of financing instruments, methods, and contracts, and many issues affect their financing behavior and behavior. The life cycle is one of the most important factors that determine the behavioral characteristics of a company and affect the structure of its resources, capabilities and capabilities. In this study, we examined the impact of corporate life cycle on the behavior and cost of financing in small and medium-sized companies listed in Tehran Stock Exchange. For this purpose, 64 companies listed in Tehran Stock Exchange during 2010-2010 were selected. The sampling method was based on systematic removal. The financial statements included in the new approach software were used for data collection. Then, according to the defined regression model, the relationships between variables were tested. The results of the research hypotheses showed that the life cycle of the company has a significant impact on the financing of corporate debt. Also the life cycle of the company has no significant effect on the cost of financing the companies.

Timely release of audited financial statements will help investors in allocating resources in the best possible way. Any delay in submission of an audit report will increase the information asymmetry between management and shareholders and adversely affect the company financial reporting. A weak internal control environment also allows management to hide bad news for a long time, resulting in a sharp drop in stock prices when bad news is released. In this regard, the purpose of this study is to investigate the effect of abnormal audit report lag on stock price crash risk as well as the moderating role of internal control weakness on this relationship. for this purpose, 1015 firm-year (145 firms for seven years) observation gathered from the annual financial reports of listed companies in Tehran Stock Exchange from 2011 to 2017. The research findings show that abnormal audit report lag and internal control weakness have a positive impact on stock price crash risk. The results also show that in the occurrence of weakness in firm’s internal controls, the positive impact of abnormal audit report lag on stock price crash risk was be strengthened.