The Effect of Political Relevance on the Rate of Adjustment of Financial Leverage in Listed Companies of Tehran Stock Exchange (مقاله پژوهشی دانشگاه آزاد)
درجه علمی: علمی-پژوهشی (دانشگاه آزاد)
منبع:
Journal of Emerging Technologies in Accounting, Auditing and Finance,Vol. 1, No 3, Autumn 2023
حوزههای تخصصی:
شماره صفحات:
۵۹-۶۹
دریافت مقاله
تعداد دانلود :
۶
آرشیو
چکیده
Objective: The main purpose of this study is to investigate the effect of political communication on the speed of adjustment of financial leverage . Method: In order to achieve the research objectives, a sample of 130 listed companies in the stock exchange that were selected according to systematic exclusion pattern was collected for a 7-year period from 2016 to 2022. To test the research hypotheses, a linear multivariate regression model was used. Findings: testing the research hypotheses showed that the financial leverage of the firm depends on the speed of its adjustment during its periods, but political communication does not affect the speed of adjustment of the financial leverage. Conclusion:Current research provided evidence that the political relations of managers could not help them to develop financial leverage.تبلیغات
