عنوان مقاله [English]
نویسندگان [English]چکیده [English]
This paper investigates the relationship between Accounting Conservatism and Bankruptcy Risk in Tehran Stock Exchange (TSE). To do so, the sample firms have been divided into two groups: bankrupting firms and non-bankrupt firms. It is assumed that firms subject to the article 141 of the amendment to Commercial Law, for two years, are more vulnerable to bankruptcy. Using the Feltham and Ohlson model (1995) to measure conservatism, the sample firms have been analyzed in two steps: first, firms vulnerable to bankruptcy, second non-bankrupt firms and then all sample firms. The results of our sample of 222 firms listed in TSE; show that conservatism is dominant in all firms and years. Second, conservatism is lower in bankrupting firms.