Journal of Accounting and Management Vision

Journal of Accounting and Management Vision

Investigating the effect of skilled managers on capital financing decisions with the moderating role of financing constraints and growth opportunities in companies listed on the Tehran Stock Exchange.

Document Type : Original Article

Authors
ali ahmadi
somayeh najafi
Department of Accounting, Ramhormoz Branch, Islamic Azad University, Ramhormoz, Iran.
Abstract
The aim of the present study is to investigate the effect of skilled managers on capital financing decisions with the moderating role of financing constraints and growth opportunities in companies listed on the Tehran Stock Exchange. This study is an applied study in terms of its nature and descriptive method and in terms of its purpose, and since in the present study the current status of variables has been analyzed using information collection through past information, it is included in the category of descriptive and post-event studies. In the course of conducting the study, three main hypotheses were formulated and 142 companies were selected through systematic exclusion sampling for a 9-year period between 2016 and 2024. After collecting the data on the research variables, they were analyzed in Excel software using the Eviews statistical software. The results of the hypothesis test showed that skilled managers have a significant direct effect on capital financing decisions. Also, financial constraints and growth opportunities have a significant effect on the relationship between skilled managers and capital financing decisions.
Keywords
The impact of skilled managers
capital financing decisions
financing constraints
growth opportunities

Subjects