The Persistence of Financial Distress

The Effect of Financial Distress on the Investment Behavior of Companies Listed on Tehran Stock Exchange

The purpose of this study was to determine the effect of financial distress on investment behavior for the years of 2011 to 2016. The statistical population of the research is Tehran Stock Exchange. According to the systematic elimination method, 104 companies have been selected as the statistical sample. In this research, financial distress is independent variable and corporate investmen...

Corporate Financial Distress: An Empirical Analysis of Distress Risk

Predicting Financial Distress in Tehran Stock Exchange

Companies incur significant costs from the financial distress. Predicting financial distress will have an important role in preventing bankruptcy. The aim of the present study is to predict the financial distress costs using the Leland and Toft models, during 1996 and 1998. This study examines data relating to 49 companies listed in the Tehran stock exchange collected over ten years from 2005 t...

Dynamic Financial Contracting with Persistence

We study a setting in which a principal provides an agent with funds to operate a rm. The agent is liquidity constrained and privately observes the revenue of the rm. In other words, the agent can divert revenue to projects that bene t only him. Time is discrete and in nite, and revenues are subject to stochastic shocks that are persistent over time. As in the iid case studied by Clementi and H...

Investigating the Effect of Non-financial Indicators on Forecasting the Occurrence of Financial Distress from the View of Urban Managers (Case Study: Bank Shahr)

The purpose of this study was to investigate the effect of non-financial indicators on forecasting The occurrence of financial distress in the Shahr Bank from the point of view of urban managers using the structural equation modeling approach. This research is an applied research in terms of purpose And in terms of method, it was a descriptive-survey study. The statistical population of the stu...