List of Articles Debt Financing

• Open Access Article
  • Abstract Page
  • Full-Text
  
  1 - Provide a Debt Financing Model for Financial Institutions and Banks Based on Crowdfunding with a Grounded Theory Approach
  ghazal SHAHABI SHOJAEI fereidoon rahnama Shadi Shahverdiani hashem nikoomaram
  10.30495/jfksa.2022.20587
  Financial managers of companies often need financing to carry out development projects or their daily turnover finance. In recent years, crowdfunding has become a valuable alternative source of funding for entrepreneurs seeking funding. Therefore, in this study, which h More

  Financial managers of companies often need financing to carry out development projects or their daily turnover finance. In recent years, crowdfunding has become a valuable alternative source of funding for entrepreneurs seeking funding. Therefore, in this study, which has been used qualitatively and with the Grounded Theory, the appropriate model of debt financing of banks through crowdfunding is sought. For this purpose, the opinions of ten experts in this field who were selected using the snowball method were used to identify the factors affecting the debt of financial institutions and banks. After the interviews, the results showed that the banks' debt financing is formed as a result of mass communication (causal conditions), trust building and culture building (intervening conditions) and environmental factors and legalism (ruling bed) which uses e-commerce strategy to secure the debts of banks and credit institutions. Manuscript profile
• Open Access Article
  • Abstract Page
  • Full-Text
  
  2 - Earnings Quality, Leverage Deficit (Surplus), and Financing Policy in companies listed in Tehran Stock Exchange
  Naghi Fazeli Abuozar Jafari Tajangooke
  The paper examines the relationship between earnings quality and leverage deficit, as well as the impact of earnings quality on equity financing choice for under- and over-leveraged firms. Considering external financing and its components, equity and debt, and both accr More

  The paper examines the relationship between earnings quality and leverage deficit, as well as the impact of earnings quality on equity financing choice for under- and over-leveraged firms. Considering external financing and its components, equity and debt, and both accrual-based and real earnings management, we further examine the effect of earnings quality and leverage deficit on financing choice and activities. In this regard, a sample of 125 companies listed in the Tehran Stock Exchange during the years 1390 to 1395 (750 views) was selected and tested by using the linear regression and logistic regression model. The results show that there is no correlation between financial leverage deficit and poor earnings quality. Also, for under- and over- financial leveraged firms, there is also no relationship between the quality of profit and financing through the issuance of stocks. Other findings of the study showed that companies with a over-financial leverage compared with companies with a financial leverage deficit, before financing by issuing stocks, manage their earnings through accruals and real items to make them more convenient to sell their stocks. On the other hand, in over-financial leveraged firms, there was no correlation between debt financing and earnings management through accruals and real items. compared to under-financial leveraged firms. Manuscript profile
• Open Access Article
  • Abstract Page
  • Full-Text
  
  3 - The Impact of Corporate Social Responsibility on the Cost of Debt and Access to Debt Financing for Listed Companies on Tehran Stock Exchange
  Mostafa Hashemi Tilehnouei Zeynab Dadashi
  The increasing importance in corporate social responsibility and financing required by commercial companies to operate and participate in such issues led the purpose of this study to investigate the impact of corporate social responsibility on the cost of debt and finan More

  The increasing importance in corporate social responsibility and financing required by commercial companies to operate and participate in such issues led the purpose of this study to investigate the impact of corporate social responsibility on the cost of debt and financing through debt. This study is based on the purpose, applied and in terms of data analysis in the field of descriptive studies. The statistical population of this study has been created for all companies listed in the Tehran Stock Exchange Organization in the period 1390-1396, which, after doing restrictions in selecting companies, finally 108 companies were needed as a sample. SPSS and EVIEWS software were used to analyze the data. The results show that corporate social responsibility has a significant effect on the cost of debt and financing through payment. It was recommended that companies make appropriate investments related to the issues needed by the majority of the community and the public. Manuscript profile
• Open Access Article
  • Abstract Page
  • Full-Text
  
  4 - Investigating the Impact of Indicators Related to Supervision on Financing Mechanisms and Factors Affecting it
  Masoume Alavi Ahmed Yaqubnejad Fazel MohammadiNodeh
  10.30495/fed.2022.697617
  AbstractOne of the important issues in the financing mechanisms and its selection is the issue of financial reporting that has been the focus of creditors and the capital market in recent years as the mainstream of financing. In this context, auditors, as an external co More

  AbstractOne of the important issues in the financing mechanisms and its selection is the issue of financial reporting that has been the focus of creditors and the capital market in recent years as the mainstream of financing. In this context, auditors, as an external corporate governance control and oversight mechanism, can play an important role in informing creditors and investors. Therefore, the present study investigates the impact of indicators related to supervision on financing mechanisms and factors affecting it. The statistical population of the study consists of 99 companies listed in Tehran Stock Exchange during the years 2012-2018 . Multivariate regression models were used to test the research hypotheses. , The findings of the study show that some variables of audit firm characteristics such as life, competitiveness, independence, number of partners, rank in the CAO, size and tenure of the firm , have significant effects on financing Debt, issuance of ordinary shares, over-leverage, risk and weighted average cost of capital.  Manuscript profile
• Open Access Article
  • Abstract Page
  • Full-Text
  
  5 - The Optimal Timing of Capital Investment, Financing and Financing
  نصیبه ولی زاده جواد رمضانی مهدی خلیل پور
  The purpose of this paper is to investigate the optimal timing of capital investment, financing and financing. The statistical population of this research is Tehran Stock Exchange firms. The number of firms listed as the sample is considered. The respondents were asked More

  The purpose of this paper is to investigate the optimal timing of capital investment, financing and financing. The statistical population of this research is Tehran Stock Exchange firms. The number of firms listed as the sample is considered. The respondents were asked to answer the questionnaire. This research is among applied research and in terms of method, it is a descriptive study of survey type. Then, using partial least squares approach, the relationship between research variables and main model of research is studied. The raw data obtained from the statistical society were analyzed using appropriate statistical techniques and smart pls software the results showed that there is a significant relationship between optimal operating time and cash assistance. There is a significant relationship between debt financing and cash assistance. There is a significant relationship between investment and cash flow. Manuscript profile
• Open Access Article
  • Abstract Page
  • Full-Text
  
  6 - Identification of Effective and Influential Factors on Debt Financing for Financial Institutions and Banks in the form of crowdfunding Using Fuzzy DEMATEL Method
  Ghazal Shahabi shojaei Shadi Shahverdiani Hashem Nikoumaram
  The purpose of this research is to identify the effective factors on the debt financing of the financial institutions and banks in the form of the crowdfunding using Fuzzy DEMATEL to propose a model for obtaining the essential conditions for crowdfunding. Debt financing More

  The purpose of this research is to identify the effective factors on the debt financing of the financial institutions and banks in the form of the crowdfunding using Fuzzy DEMATEL to propose a model for obtaining the essential conditions for crowdfunding. Debt financing is borrowing money from companies and investors through bonds, banks or financial institutions to support related business activities. The research methodology is fuzzy technique, in which multi-criteria decision method (MADM) is used. The opinions of the experts and interviews with ten related experts and the snowball method have been used to reach the theoretical saturation stage in order to identify the factors affecting the development of crowdfunding model and also open, axial and optional coding has been considered. The results depicted identification of the influential factors in crowdfunding including legalism, culture building, funding, collective communication, e-commerce and trust building. According to the results of the study, it can be concluded that this issue is difficult regardless of the effective factors of crowdfunding to finance debt in financial institutions and banks in order to grow. Manuscript profile
• Open Access Article
  • Abstract Page
  • Full-Text
  
  7 - The effect of zombie firms on the cost of debt financing with emphasis on the role of state ownership
  Ali Taghavi Moghadam Samaneh Nakhaee
  10.30495/afi.2022.1964756.1142
  Purpose: The present study collected research-related data with the aim of investigating the effect of parasitic companies on debt financing costs with emphasis on the role of government ownership. The data of this study are post-event observations.Methodology: The meth More

  Purpose: The present study collected research-related data with the aim of investigating the effect of parasitic companies on debt financing costs with emphasis on the role of government ownership. The data of this study are post-event observations.Methodology: The method of this research is applied and is descriptive-correlational in which the research background and theoretical foundations are collected through articles, libraries and the Internet. The statistical population of this study is all companies listed on the Tehran Stock Exchange and a systematic elimination method has been used to select the sample companies. The research period is from 2014 to 2020. In order to determine the relationship between independent and dependent variables and test research hypotheses, econometric models have been used.Findings: The results showed that the presence of the parasite company among companies in the same industry affects the cost of debt financing. Public ownership does not affect the relationship between the existence of a parasite company among co-industry companies and the cost of financing.Originality / Value: Considering the confirmation of the first hypothesis and the effect of zombie companies on the cost of financing, investors are advised to pay attention to the industry situation of that company when choosing the right company and to be aware of the presence of zombie companies in it. industry to be sure, because the mentioned companies can cause the cost of financing and on the other hand reduce the profit for the companies, and this causes a decrease in the profits of the shareholders. Manuscript profile