پیوندهای مفید
آمار
| تعداد نشریات | 21 |
| تعداد شماره‌ها | 610 |
| تعداد مقالات | 9,029 |
| تعداد مشاهده مقاله | 67,082,982 |
| تعداد دریافت فایل اصل مقاله | 7,656,415 |
The effect of management ability, political relations and financial crises on the fall in the stock prices of banks admitted to the Tehran Stock Exchange | ||
| International Journal of Nonlinear Analysis and Applications | ||
| مقاله 8، دوره 16، شماره 3، خرداد 2025، صفحه 89-100 اصل مقاله (391.24 K) | ||
| نوع مقاله: Research Paper | ||
| شناسه دیجیتال (DOI): 10.22075/ijnaa.2024.33130.4933 | ||
| نویسندگان | ||
| Abdolmajid Kuzegar Kaleji؛ Abbas Ali Pour Aghajan* ؛ Mohammad Mehdi Abbasian | ||
| Department of Accounting, Qaemshahr Branch, Islamic Azad University, Qaemshahr, Iran | ||
| تاریخ دریافت: 09 دی 1402، تاریخ بازنگری: 25 بهمن 1402، تاریخ پذیرش: 26 بهمن 1402 | ||
| چکیده | ||
| The aim of the current research is to evaluate the effect of management ability, political relations and financial crises on the performance, risk management and stock price fall of banks admitted to the Tehran Stock Exchange. For this purpose, 8 private and public banks admitted to the Tehran Stock Exchange for the period of 2013 to 2014 were selected as a statistical sample. According to the type of research data, consolidated/panel data analysis and multivariate regression model were used in the Eviews software environment to analyze the research hypotheses. The results of the research indicate that management ability has a positive and significant effect on the variables of asset return, credit risk and operational risk, and a negative and significant effect on the variables of liquidity risk and bankruptcy risk, and no significant effect on the variable of return on capital. The results show that political relations have a positive and significant effect on the variables of capital return, credit risk, and stock price fall, and a negative and significant effect on the variables of asset return, operational risk, and bankruptcy risk, and no significant effect on the liquidity risk variable. . Finally, the results of his study showed that the financial crisis has a positive and significant effect on the variables of bankruptcy risk and stock price fall, a negative and significant effect on the return on assets and return on capital, and no significant effect on the variables of credit risk, liquidity risk and operational risk. is. | ||
| کلیدواژه‌ها | ||
| management ability؛ political relations؛ financial crisis؛ bank performance؛ risk management؛ stock price fall | ||
| مراجع | ||
|
[1] M.M. Aldoseri and M.M. Albaz, CEOs’ managerial ability and stock market crash risk: Empirical evidences from the business environment in Saudi Arabia, Inf. Sci. Lett. 12 (2023), no. 4, 1815–1825. [2] P C. Andreou, D. Ehrlich, I. Karasamani, and C. Louca, Managerial ability and firm performance: Evidence from the global financial crisis, Eur. Financ. Manag. Assoc. Ann. Conf., 2013. [3] A. Charnes, W.W. Cooper and E. L. Rhodes, Measuring the efficiency of decision making units, EJOR 2 (1978), 429-444. [4] H. Cui, Y. Zhang, C. Chen, and X. Zhu, Managerial ability and stock price crash risk, Asia-Pac. J. Account. Econ. 26 (2019), no. 5, 1–23. [5] V.K. Gopal and Ch. Wang, The relation between managerial ability and audit fees and going concern opinions, J. Practice Theory 34 (2015), no. 3, 139-–160. [6] D. Foroughi and A. Sakiani, Management ability, capital efficiency and quality of financial reporting, Exper. Account. Res. 6 (2015), no. 3, 63–90. [7] J. Harper, G. Johnsonb, and L. Sunc, Stock price crash risk and CEO power: Firm-level analysis, Res. Int. Bus. Finance 51 (2020), no. 5, 23–39. [8] E. Herianti, A. Suryani, and A. Marundha, Managerial ability and future banking performance: the role of book-tax differences as moderator, J. Account. Invest. 22 (2021), no. 1, 173–191. [9] J. F. Houston, L. Jiang, C. Lin, and Y. Ma, Political connections and the cost of bank loans, J. Account. Res. 52 (2014), no. 1, 193–243. [10] S. Imani, S. Kheredyar, and H.K. Azadi, The impact of liquidity and political risks on the fall in stock prices of banks listed on the Tehran Stock Exchange, Financ. Econ. 15 (2021), no. 56, 321–334. [11] F. Kheirollahi, S.J. Delavari, and O. Yousefi, The effect of the global financial crisis on financial distress, earnings management and market pricing of accruals, Monetary Financ. Econ. 29 (2022), no. 23, 168-193. [12] S. Mazandarani and P. Saidi, The effect of political communication on financial performance and risk of banking facilities, Res. Account. Econ. Sci. 2 (2017), no. 4, 15–28. [13] A. Metinnejad, The relationship between the risk of financial crisis and the risk of falling stock prices of companies listed on the Tehran Stock Exchange, Fourth Ann. Int. Conf. New Dev. Manag. Econ. Account., 2021, pp. 31–56. [14] B. Soleimani, M. Nemati, and H. Almasi, Evaluation of the performance of private banks in the Tehran Stock Exchange based on the CAMEL model, Financ. Econ. 14 (2019), no. 50, 115–144. [15] R. Taleb Lo and H. Bahmanpour, The effect of banking regulations on competition in Iran’s banking industry, Financ. Knowledge Secur. Anal. 5 (2012), no. 14, 13–40. [16] A. Yazdanparast and S.Y. Ahadi Sarkani, Investigating the relationship between the financial crisis in the major capital markets of the world and stock indices of the Tehran Stock Exchange, before, during and after the crisis, Financ. Knowledge Secur. Anal. 6 (2012), no. 19, 1–12. | ||
|
آمار تعداد مشاهده مقاله: 167 تعداد دریافت فایل اصل مقاله: 146 |
||