اثر میانجی محدودیت مالی بر رابطه سنگربندی مدیریت و سررسید بدهی‌ با نقش تعاملی شرکت‌های وابسته به دولت

Abdioglu, N; & Abdioglu, H. (2017). Managerial Ownership and Corporate Debt Maturity: Evidence from BIST-100 Firms. International Journal of Economic Perspectives, 11(1), 102-115.

Aghaei, M. A; Fateri, A; & Weysihesar, S. (2021). The Effect of Political Connections with the Government on the Relationship between CEO Power and Capital Structure in Companies. Journal of Accounting and Social Interests, 11(3), 1-30. (In Persian).

Alcock, J; Finn, F; & Tan, K. J. K. (2019). Debt Covenants, Agency Costs and Debt Maturity. Agency Costs and Debt Maturity. http://dx.doi.org/10.2139/ssrn.3403989

Ali, C. B; & Lesage, C. (2013). Audit pricing and nature of controlling shareholders: Evidence from France. China journal of accounting Research, 6(1), 21-34.

Almeida, H; & Campello, M. (2007). Financial constraints, asset tangibility, and corporate investment. The Review of Financial Studies, 20(5), 1429-1460.

Ampofo, A. A. (2021). Two Essays on Capital Structure Decisions of the Firm: An Empirical Analysis of the Impact of Managerial Entrenchment and Ethical Corporate Citizenship (Doctoral dissertation, Virginia Tech).

Antounian, C; Dah, M. A; & Harakeh, M. (2021). Excessive managerial entrenchment, corporate governance, and firm performance. Research in International Business and Finance, 56, 101392.

Arab, R; Panahi, S; Sufi, K & Gholamrezapour, M (1400). Empirical investigation of alignment and entrenchment theories in explaining the effect of family ownership in the relationship between the optimistic tone of financial reporting and audit fees. Capital Market Analysis, 1(3), 25-48. (In Persian).

Bebchuk, L. A; & Fried, J. M. (2003). Executive Compensation as an Agency Problem. Journal of Economic Perspective, 17(3), 71–92.

Benmelech, E. (2006). Managerial entrenchment and debt maturity: Theory and evidence. Harvard University and the National Bureau of Economic Research Working Paper.

Berger, P. G; Ofek, E. Yermack, D. L. (1997). Managerial Entrenchment and Capital Structure Decisions, Journal of Finance, 52(4), 1411-1438.

Bousetta, M. (2021). Managerial Entrenchment and Firm Performance: Evidence from Moroccan Listed Companies, Central European Management Journal, 29(3), 342-357.

Brick, I. E; & Liao, R. C. (2017). The joint determinants of cash holdings and debt maturity: the case for financial constraints. Review of quantitative finance and accounting, 48, 597-641.

Chala, A. T. (2018). Refinancing Risk and Debt Maturity Choice during a Financial Crisis (No. 2018: 33). Working Paper.

Chaney, P. K; Faccio, M; & Parsley, D. (2011). The quality of accounting information in politically connected firms. Journal of Accounting and Economics, 51(1-2), 58-76.

Chen, H; Xu, Y; & Yang, J. (2021). Systematic risk, debt maturity, and the term structure of credit spreads. Journal of financial economics, 139(3), 770-799.

Claessens, S; Djankov, S; Fan, J. P; & Lang, L. H. (2002). Disentangling the incentive and entrenchment effects of large shareholdings. The journal of finance, 57(6), 2741-2771.

Cornett, M. M; Marcus, A. J; & Tehranian, H. (2008). Corporate governance and pay-for-performance: The impact of earnings management. Journal of financial economics, 87(2), 357-373.

Cremers, K. M; Nair, V. B; & Wei, C. (2007). Governance mechanisms and bond prices. The Review of Financial Studies, 20(5), 1359-1388.

Dah, M. A. (2016). Governance and firm value: The effect of a recession. Research in International Business and Finance, 37, 464-476.

Darabi, R; & Barzegar, S. (2019). The Effect of Tax Avoidance on Relationship between Government ownership and Corporate Financial Constraints. Governmental Accounting, 5(1), 55-68. (In Persian).

De Miguel, A; Pindado, J; & De La Torre, C. (2004). Ownership structure and firm value: New evidence from Spain. Strategic Management Journal, 25(12), 1199-1207.

Denis, D. J; & Sibilkov, V. (2010). Financial constraints, investment, and the value of cash holdings. The Review of Financial Studies, 23(1), 247-269.

Di Meo, F; García Lara, J, M; Surroca, J, A. (2017). Managerial entrenchment and earnings management, Journal of Accounting and Public Policy, 36 (2). 399–414.

Diamond, D. W. (1993). Seniority and maturity of debt contracts. Journal of financial Economics, 33(3), 341-368.

Draief, S; & Chouaya, A. (2022). The effect of debt maturity structure on earnings management strategies. Managerial Finance, 48(7), 985-1006.

Dunn, P. (2004). The impact of insider power on fraudulent financial reporting. Journal of Management, 30, 397-412.

Elyasiani, E; & Zhang, L. (2015). CEO entrenchment and corporate liquidity management. Journal of Banking & Finance, 54, 115-128.

Fakhari, H; KashaniPour, M; & Rajabbeyki, M. A. (2014). The Monitoring Role of Ownership Structure and Debt Policy on Controlling Agency Problem of Free Cash Flow of Companies Listed in the Tehran Stock exchange (TSE). Journal of Accounting Advances, 6(1), 63-90. (In Persian).

Fazzari, S. M; Hubbard, R. G; & Petersen, B. C. (1988). Financing Constraints and Corporate Investment. Brookings Papers on Economic Activity, 19(1), 141-206.

Flannery, M. J. (1986). Asymmetric information and risky debt maturity choice. The Journal of Finance, 41(1), 19-37.

Ghosh, C; Giambona, E; Harding, J. P; & Sirmans, C. F. (2011). How entrenchment, incentives and governance influence REIT capital structure. The Journal of Real Estate Finance and Economics, 43, 39-72.

Golkhandan, A (2016). Threshold effect of managerial ownership on firm value: A re-examination using the PSTR model. Management Accounting, 10(34), 85-98. (In Persian).

Gomariz, M. F. C; & Ballesta, J. P. S. (2014). Financial reporting quality, debt maturity and investment efficiency. Journal of banking & finance, 40, 494-506.

Gong, Y; & Choi, S. U. (2021). State ownership and accounting quality: evidence from state-owned enterprises in China. Sustainability, 13(15), 8659.

Goyal, V. K; & Park, C. W. (2002). Board leadership structure and CEO turnover. Journal of Corporate finance, 8(1), 49-66.

Grossman, S. J; & Hart, O. D. (1982). Corporate financial structure and managerial incentives. In The economics of information and uncertainty. University of Chicago Press.

Gupta, M; & Fields, L. P. (2006). Debt maturity structure and earnings management. The Financial Management Association, 1-37.

Hajiha, Z & Akhlaghi, H. (2014). The Investigation of the Board Characteristics' Effect on Firm Debt Maturity Structure. Management Accounting, 6(17), 59-74. (In Persian).

Hambrick, D. C; & Fukutomi, G. D. (1991). The seasons of a CEO's tenure. Academy of management review, 16(4), 719-742.

Harford, J; Klasa, S; & Maxwell, W. F. (2014). Refinancing risk and cash holdings. The Journal of Finance, 69(3), 975-1012.

Harford, J; Li, K; & Zhao, X. (2008). Corporate boards and the leverage and debt maturity choices. International Journal of Corporate Governance, 1(1), 3-27.

Hart, Oliver D; and John Moore, (1995), Debt seniority: An analysis of the role of hard claims on constraining management, American Economic Review, 85, 567-585.

Hasani, M & Maithami, M. (2018). Examining the effect of maturity and quality of financial reporting on investment and investment. Financial knowledge of stock analysis, 12(41), 1-14.‎ (In Persian).

Hashemi, S. A; Samadi, S; & Hadian, R. (2015). The effect of financial reporting quality and debt maturity on investment efficiency. Empirical Studies in Financial Accounting, 11(44), 117-143. (In Persian).

Hong, H; & Kubik, J. D. (2003). Analyzing the analysts: Career concerns and biased earnings forecasts. The Journal of Finance, 58(1), 313-351.

Hope, O. K; Thomas, W. B; & Vyas, D. (2009). Transparency, ownership, and financing constraints in private firms. Journal of Accounting Research, 46(3), 591-626.

Houston, J. F; Jiang, L; Lin, C; & Ma, Y. (2014). Political connections and the cost of bank loans. Journal of Accounting Research, 52(1), 193-243.

Irani, R. M; & Oesch, D. (2015). Financial constraints and corporate disclosure: Evidence from a quasi-experiment. Journal of Financial Economics, 109, 398-418.

Jensen, M. C; & Ruback, R. S. (1983). The market for corporate control: The scientific evidence. Journal of Financial Economics, 11(1-4), 5-50.

Jensen, M; Meckling, W.H. (1976), Theory of the firm: managerial behavior, agency costs, and ownership structure, Journal of Financial Economics, 3(7), 305-360

Jie, H. U. (2014). Debt Maturity Structure, Managerial Entrenchment Effect and Managerial Compensation Level in Chinese Listed Firms. Collected Essays on Finance and Economics, 178(2), 64.

Johnson, S. A. (2003). Debt maturity and the effects of growth opportunities and liquidity risk on leverage. The review of Financial studies, 16(1), 209-236.

Kaplan, S. N; & Zingales, L. (1997). Do investment cash flow sensitivities provide useful measures of financing constraints? The quarterly journal of economics, 112(1), 169-215.

Khajavi, S; Weysihesar, S; & Ghayouri Moghaddam, A. (2022). Investigating the Impact of Managers’ Ability on Conservatism with a Focus on the Size and Leverage of Firms. Accounting and Auditing Review, 29(4), 628-649. (In Persian).

Klock, M. S; Mansi, S. A; & Maxwell, W. F. (2005). Does corporate governance matter to bondholders? Journal of financial and quantitative analysis, 40(4), 693-719.

Koo, K; & Kim, J. (2019). CEO power and firm opacity. Applied Economics Letters, Taylor & Francis Journals, 26(10), 791-794.

Kumar, P; & Rabinovitch, R. (2013). CEO entrenchment and corporate hedging: Evidence from the oil and gas industry. Journal of financial and quantitative analysis, 48(3), 887-917.

Lamont, O; Polk, C; & Saaá-Requejo, J. (2001). Financial constraints and stock returns. The review of financial studies, 14(2), 529-554.

Lee, C. C; & Wang, C. W. (2022). Liquidation threat: Behavior of CEO entrenchment. Finance Research Letters, 47, 102949.

Lin, C; Wei, L; & Xie, W. (2020). Managerial entrenchment and information production. Journal of Financial and Quantitative Analysis, 55(8), 2500-2529.

Liu, L; Qu, W; & Haman, J. (2018). Product market competition, state-ownership, corporate governance and firm performance. Asian Review of Accounting, 26(1), 62-83.

Lizares, R. M. (2022). Ownership concentration and board structure: Alignment and entrenchment effects in an emerging market. Managerial and Decision Economics, 43(6), 2557-2569.

Lotfi, A. (2021). The Relationship between Management Entrenchment and Audit Opinion Shopping. Iranian Journal of Accounting, Auditing and Finance, 5(2), 79-92.

Markarian, G; & Santalo, J. (2014). Product market competition, information and earnings management. Journal of Business Finance & Accounting, 41(5-6), 572-599.

Marouan, K. (2015). Corporate Board Characteristics, Managerial Entrenchment and Diversification Strategy, Evidence from Tunisian Context, International Journal of Business and Management; 10 (7), 18 195.

Miri, P; Talibnia, R; Ahmadi, F; & Vakilifard, H (1400). Examining the effect of entrenchment of the CEO on the social pressure of the stakeholders: a critique of the theory of hegemonic stability. Management Accounting, 14(48), 169-192. (In Persian).

Namazi, M; Hajiha, Z; & Chenari, H (2016). The impact of debt maturity structure on accrual-based earnings management. Financial accounting and auditing research, 9(34), 1-30. (In Persian).

Navissi, F; & Naiker, V. (2006). Institutional ownership and corporate value. Managerial finance, 32(3), 247-256.

Noraniazad, S; & Rahmanian Koushkaki, A. (2023). Evaluation of the Relationship between Shareholder Competition Intensity and Performance and Value of Active Stock Exchange Companies: Evidence from Managerial Entrenchment or Convergence of Interests. Financial Accounting Research, 15(1), 73-98. (In Persian).

Paligorova, T; & Santos, J. A. (2017). Banks’ exposure to rollover risk and the maturity of corporate loans. Review of Finance, 21(4), 1739-1765.

Poursoleiman, E; Mansourfar, G; & Abidin, S. (2020). Financial leverage, debt maturity, future financing constraints and future investment. International Journal of Islamic and Middle Eastern Finance and Management, 13(4), 613-634.

Sajadi, S. H; & bonabi ghadim, R. (2022). The Effect of Government Ownership on Relationship between Information Competition and Earning Persistence. Empirical Studies in Financial Accounting, 19(75), 41-68. (In Persian).

Salmanian, M; vakili fard, H. R; hamidian, M; sarraf, F; & darabi, R. (2018). Provide a Financial Limit Forecast Model. Governmental Accounting, 4(2), 93-104. (In Persian).

Shan, Y. G; Troshani, I; Wang, J; & Zhang, L. (2024). Managerial ownership and financial distress: evidence from the Chinese stock market. International Journal of Managerial Finance, 20(1), 192-221.

Sheu, H. J; & Lee, S. Y. (2012). Excess cash holdings and investment: the moderating roles of financial constraints and managerial entrenchment. Accounting & Finance, 52, 287-310.

Shleifer, A; & Vishny, R. W. (1989). Management entrenchment: The case of manager-specific investments. Journal of financial economics, 25(1), 123-139.

Stickel, S. E. (1992). Reputation and performance among security analysts. The Journal of Finance, 47(5), 1811-1836.

Suchman, M. C. (1995). Managing legitimacy: Strategic and institutional approaches. Academy of Management Review, 20(3), 571-610.

Suri, A. (2013). Preliminary econometrics. Tehran: Culture Publishing House. (In Persian).

Taheri, M; & Jafari, M. (2023). The Moderating Effect of Management Entrenchment on the Relationship between Dividend and Debt Policy with Investor Sentiment. Empirical Studies in Financial Accounting, 19(76), 39-64. (In Persian).

Tao, Q; Zhao, Z; Zhang, M; & Xiang, X. (2018). Managerial Placement and Entrenchment. Emerging Markets Finance and Trade, 54(14), 3366-3383.

Tee, C. M. (2019). CEO power and audit fees: Evidence from Malaysia. International Journal of Auditing, 23(3), 365-386.

Tehrani, R; & Hesarzadeh, R. (2009). The effect of free cash flow and financing constraints on over-investment and under-investment. Accounting and Auditing Research, 1(3), 50-67. (In Persian).

Tirole, J. (2005). The theory of corporate finance. Princeton University Press.

Ulupinar, B. (2018). The effect of managerial entrenchment on analyst bias. Global Finance Journal, 37, 25-38.

Vintilă, G; & Gherghina, Ş. C. (2014). The impact of ownership concentration on firm value. Empirical study of the Bucharest Stock Exchange listed companies. Procedia Economics and Finance, 15, 271-279.

Wang, C.W. & Chiu, W.C. (2018). Effect of short-term debt on default risk: evidence from pacific basin countries, Pacific-Basin Finance Journal, 57,101026.

Zerni, M; KALLUNKI, J. P; & Nilsson, H. (2010). The entrenchment problem, corporate governance mechanisms, and firm value. Contemporary Accounting Research, 27(4), 1169-1206.