The impact of the audit committee on the bankruptcy of companies listed on the Tehran Stock Exchange

In this research, the effect of the audit committee on the bankruptcy of companies admitted to the Tehran Stock Exchange has been investigated. The audit committee variable is considered as an independent variable, bankruptcy as a dependent variable, and assets, board size, year (life) of the company, liquidity, company size and leverage as control variables. In order to provide empirical evidence about the subject, 85 companies were analyzed in a period of 5 years (1391-1395) consisting of 425 companies. The statistical method is the logistic regression method and the analysis using this method shows that there is a negative relationship between the audit committee and bankruptcy.