The Effects of Peer Performance, Future Competitive Performance, and Factors of Correlation with Peer Companies on the Manipulation of Abnormal Real Operations

The present study aimed to evaluate the effects of peer performance, future competitive performance, and factors of correlation with peer companies on the manipulation of abnormal real operations. The research units included the listed companies in Tehran Stock Exchange during 2013-2017. In total, 128 companies were selected as the sample population using the systematic elimination approach. Peer performance, future competitive performance, and factors of correlation with peer companies were the independent variables of the research, and the manipulation of abnormal real operations was considered the dependent variable. This was an applied research in terms of use and a correlational study regarding the methodology. Data were collected using the library method, and the explanatory notes, financial statements, and stock exchange monthly journal were considered in the data section. Descriptive and inferential statistics were used to describe and summarize the collected data. Data analysis was performed using variance heterogeneity tests, F-Limer, Hausman, and Jarque and Bera tests, and multiple regression test for confirming or rejecting the research hypotheses in the EViews software. According to the results, peer performance, future competitive performance, and factors of correlation with peer companies affected the manipulation of abnormal real operations.