Relationship between comparability of financial statements and debt maturity structure

The purpose of this study is to examine the relationship between comparability of financial statements and debt maturity structure in Tehran Stock Exchange. The statistical sample of the research, which has been selected by systematic elimination method, includes 114 companies among the companies listed on the Tehran Stock Exchange during the years 1392 to 1398. The research is descriptive-correlational and multivariate regression and combined data have been used to test the research hypotheses. The results of testing the research hypotheses showed that there is a positive and significant relationship between profitability, comparability of operating cash flows and debt maturity structure. Thus, it is necessary to prepare reports to facilitate the comparison of financial statements on the one hand and to train market participants in order to understand the importance and use of this qualitative feature on the other hand.