جستجوی مقالات مرتبط با کلیدواژه "political economy" در نشریات گروه "مالی"

Considering the highly competitive environment of companies, if a company cannot secure its necessary financial resources when needed, it may face challenges to continue its activities. In general, companies are concerned about their financing conditions from two aspects. Firstly, they are required to provide their financial resources sufficiently and at a low cost when necessary. Secondly, they need to pay off their debts. One of the factors that may affect the financing conditions of companies is political connections, which has received inadequate attention in the research literature. Having political connections is an important source of value for companies. Therefore, the purpose of the present study is to investigate political connections and whether or not and how this may impact on access to bank debts. For this purpose, 173 companies admitted to the Tehran Stock Exchange during the years 2016 to 2021 were investigated as the available statistical population. The findings showed that political connections have a positive effect on access to bank debts.

Considering the highly competitive environment of companies, if a company cannot secure its necessary financial resources when needed, it may face challenges to continue its activities. In general, companies are concerned about their financing conditions from two aspects. Firstly, they are required to provide their financial resources sufficiently and at a low cost when necessary. Secondly, they need to pay off their debts. One of the factors that may affect the financing conditions of companies is political connections, which has received inadequate attention in the research literature. Having political connections is an important source of value for companies. Therefore, the purpose of the present study is to investigate political connections and whether or not and how this may impact on access to bank debts. For this purpose, 173 companies admitted to the Tehran Stock Exchange during the years 2016 to 2021 were investigated as the available statistical population. The findings showed that political connections have a positive effect on access to bank debts.

Capital market strengthening and deepening can lead to economic growth and development, which Iranian governments have overlooked for years. We continue to face the conundrum that government decisions and actions obstruct capital market development while also increasing investment risk. Under these circumstances, it appears necessary to examine the relationship between Iran's government and the capital market. Accordingly, this study analyzed the performance and role of government in the development of the capital market (stock and security markets) over a 12-year period using qualitative and field methods, including designing a questionnaire for four groups, i.e., experts, managers, activists, and capital market expert reporters, as well as evaluating data using thematic analysis. The findings demonstrate that Iranian governments hampered capital market development from 2005 to 2017 due to a lack of understanding of capital market mechanisms, interference in market processes, and disruption of transparency, accountability, and corruption control mechanisms (good governance indicators). The only way out of the current situation appears to be the government's movement toward minimal capital market intervention.

In the context of political economy, this study investigates relationship between political management and share price in 95 listed firms of Tehran Stock Exchange (TSE) during a seven-year period from 2006 to 2012.Using correlation method and multiple regression technique, We categorize companies in two groups as a theoretical view. First, companies which have directed by political management and second companies which have not political management. The results of this study indicates that there is a negative relation between political management and firms share price. Our result confirms political economic theory.