Journal of Accounting and Management Vision

Journal of Accounting and Management Vision

The Moderating Role of the Industry Market Concentration on the Relationship between Political Connection and Financing

Document Type : Original Article

Authors
1 University of Nasser Khosro Saveh
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Abstract
One of the most important decisions that company managers face is the decisions related to financing. The purpose of this study is to investigate the moderating role of the Industry Market Concentration on the relationship between political connection and financing. The statistical population of the study is all companies listed on the Tehran Stock Exchange and using the systematic elimination sampling method, 146 companies were selected as the sample of the research in an 8-year period between 2013 and 2020. The method used to collect information is a library and the relevant data for measuring variables were collected from Codal website and companies' financial statements and then Eviews software was used to test the research hypotheses. The results of testing the research hypotheses showed that the company's political Connection with financial leverage and debt maturity has a significant relationship. Also, the Concentration of the industry strengthens the positive relationship between the company's political Connection with financial leverage and debt maturity.
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