The Effect of the Company's Life Cycle on the Relationship between Financial Leverage and Accounting Conservatism

During their life cycle, companies adopt policies that are appropriate to their situation so that they can confidently pass through the stages of the life cycle. In this research, the effect of the company's life cycle on the relationship between financial leverage and accounting conservatism has been investigated using the data of 167 companies admitted to the Tehran Stock Exchange, which were selected using the systematic elimination method, between 1393 and 1400. This research is applied in terms of purpose and multivariate regression method was used to analyze the data. The results of the research show that there is a positive and meaningful relationship between financial leverage and conservatism, and due to the fact that the coefficient is larger in the growth stage, it indicates that the intensity of this relationship is greater in this stage than in the stages of decline and