Investigating the Relationship between Managers' Financial Capability and Corporate Financial Limitation during Corporate Growth

Document Type : Original Article

Abstract

Managers have a greater intrinsic ability to understand and analyze the present and future conditions of the company and industry, and therefore their sanctions on accruals will be of higher quality because of the impact they can have on determining the financial position of the company and To improve or reverse it, many researchers and investors have been the focus of attention. This has led researchers to always try to measure the performance of managers. However, due to the quality of management performance, this measurement has been studied in a qualitative and a questionnaire. The term financial constraint is meant to hinder the provision of funds for all desirable investments. This inability may be due to the inability and inefficiency of management to obtain loans, the inability to provide funds, as well as bad credit conditions in the selection of new stocks and with non-cash assets. Are in their growing period. For this purpose, data on 124 companies listed in Tehran Stock Exchange from 2007 to 2013 were tested using regression model and hybrid data model. Lower.

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