Surveying the relationship between investment efficiency and financial constraints and corporate governance applying structural equations modeling

Document Type : Original Article

Authors

1 Ph.D. candidate, Department of Accounting, Kish international branch, Islamic Azad University, Kish Island, Iran.

2 Associate Prof, in accounting Tabriz Branch, Islamic Azad University, Tabriz, Iran.

3 Associate Prof. in accounting, Science and Research Branch, Islamic Azad University, Tehran, Iran.

4 Associate Prof, in accounting Marvdasht Branch, Islamic Azad University, Fars, Iran

5 Associate Prof. in accounting, Science and Research Branch, Islamic Azad university, Tehran, Iran

10.30495/ijfma.2022.65822.1804

Abstract

Regarding constrained resources and consequently the developing significance of growing funding performance, on this research, the connection among funding performance and economic constraints and company governance has been investigated. In order to attain this goal, 3 hypotheses were advanced and structural equations were used to check the studies hypotheses.
In this research, OLS regression became used to degree funding performance and economic constraints. The type used on this study for the financial constraint variable became supplied with the aid of using Dr. Baradaran Hassanzadeh according with the Iranian marketplace and the funding performance version is supplied with the aid of using the researchers of this article. Also, the degree of company governance is the awareness of ownership, institutional ownership, board independence and authority ownership. This studies became performed in 129 businesses indexed at the Tehran Stock Exchange, primarily based on facts contained the economic reviews of businesses indexed at the Tehran Stock Exchange among 2007 and 2017. The consequences confirmed that funding performance has a widespread courting with company governance and financial constraints.

Keywords

References

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