List of Articles Investment inefficiency

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  1 - The effectiveness test of customer concentration on cash holdings adjustment speed in listed companies in Tehran Stock Exchange
  Mohammad Amin Rastegar
  According to the managerial entrenchment hypothesis, uncertainty about government policies (such as taxation and labor laws) is expected to increase significantly during the years of national elections in companies with a larger workforce, which ultimately affects ineff More

  According to the managerial entrenchment hypothesis, uncertainty about government policies (such as taxation and labor laws) is expected to increase significantly during the years of national elections in companies with a larger workforce, which ultimately affects inefficiency. Labor investment will be. The purpose of this study is to investigate the effect of political uncertainty on the labor investment inefficiency in firms listed on the Tehran Stock Exchange. In this regard, 140 companies (980 year-company observation) listed on the Tehran Stock Exchange during the period 2012 to 2018 have been reviewed. In order to test the research hypotheses, the multiple linear regression model was used using panel data. The results of this study show that during the years of national elections, the labor investment inefficiency has increased. In other words, there is a significant negative relationship between political uncertainty and labor investment inefficiency. These results indicate the importance and effectiveness of political uncertainty in labor investment. Manuscript profile
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  2 - Assessment the Impact of Inefficient Investment Decisions on the Relationship between Conservatism and New Investment
  Mohammad Hassani Saeid Asadian Feyli
  The purpose of this research is investigation the relationship between conservatism and new investment; In addition, this research assessed the impact of investment inefficiency on the relationship between conservatism and new investment. Conservatism is measured based More

  The purpose of this research is investigation the relationship between conservatism and new investment; In addition, this research assessed the impact of investment inefficiency on the relationship between conservatism and new investment. Conservatism is measured based on the pattern presented by Givoly and Hayn (2000). Also, over investment is considered as a proxy of investment inefficiency which is measured based on the model proposed by Biddle et al (2009). So, research population includes 216 firms listed in Tehran Securities & Exchange over the period 2012-2017 which selected through filtering method. The hypotheses analyzed through multivariable regression models based on panel data and fixed effect method. The results showed that conservatism had significant and negative impact on new investment. Also, over investment as a proxy of investment inefficiency had significant and positive impact on new investment. However, conservatism had no significant impact on the relationship between prior over investment and new investment. Manuscript profile
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  3 - The Impact of Investment Inefficiency and Cash Holding on CEO Turnover
  Masoud Taherinia
  10.22034/amfa.2020.674945
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