اثر ارتباطات سیاسی بر توانایی تأمین مالی شرکت‌ها – شواهدی از تحلیل رگرسیون کوانتایل

Aghaei, M., Fateri, A., & Veisi-Hesar, S. (2021). The effect of political relations with the government on the relationship between CEO power and capital structure in companies. Accounting and Social Interests, 11(3), 1–20. 10.22051/jaasci.2021.31590.1592 (in Persian)

Ahmed, F., & McMillan, D. (2021). Capital structure and political connections: Evidence from GCC banks and the financial crisis. International Journal of Emerging Markets. https://doi.org/10.1108/IJOEM-06-2020-0672

Arief, R. (2022). Political connection status decisions and benefits for firms experiencing financial difficulties in emerging markets. Problems and Perspectives in Management, 20(3), 164–177. https://doi.org/10.21511/ppm.20(3).2022.14

Barney, J.(1991). Firm Resources and Sustained Competitive Advantage. Journal ofManagement, 17(1),99-120.https://doi.org/10.1177/014920639101700108  (Original work published 1991)

Barzegar, G., & Shirazi, Z. (2021). A comparative study of political board connections and political dependence on labor cost stickiness in Iranian companies. New Research Approaches in Management and Accounting, 5(16), 123–141.https://civilica.com/doc/1351547 (in Persian)

Bekhradi-Nasab, V., & Khoshdal, A. (2022). Rent and privileged access to bank debt: The political connections view and rent extraction hypothesis. Studies in Banking Management and Islamic Banking, 21, 117–136.
https://doi.org/10.22034/jifb.2023.177461 (in Persian)

Belghitar, Y., Clark, E., & Saeed, A. (2019). Political connections and corporate financial decision making. Review of Quantitative Finance and Accounting, 53, 1099–1133 https://doi.org/10.1007/s11156-018-0778-2

Bliss, M. A., & Gul, F. A. (2012). Political connection and leverage: Some Malaysian evidence. Journal of Banking & Finance, 36(8), 2344–2350. https://doi.org/10.1016/j.jbankfin.2012.03.012

Boubakri, N., Guedhami, O., Mishra, D., & Saffar, W. (2012). Political connections and the cost of equity capital. Journal of Corporate Finance, 18(3), 541–559. https://doi.org/10.1016/j.jcorpfin.2012.01.005

Cheshmi, A., & Habibi-Nikjoo, H. (2017). The political economy of reforming formal banking institutions in post-revolutionary Iran. Economic Research Journal, 17(64), 105–132. https://doi.org/10.22054/joer.2017.7671 (in Persian)

Choi, J., Lu, L., Park, H., & Sohn, S. (2022). The financial value of the within-government political network: Evidence from Chinese municipal corporate bonds. Finance Research Letters, 47(A), 102889. https://doi.org/10.1016/j.frl.2021.102889

Davallou, M. (2014). Firm specific risk and return: Quantile regression application. Iranian Journal of Economic Studies, 3(2), 1–18. https://doi.org/10.22099/ijes.2014.3667

Ebrahimi, S. K., Bahraminasab, A., & Sajadinassab, H. (2021). The effect of political relations on profit and loss conservatism and debt cost of companies listed on the Tehran Stock Exchange. Financial Management Strategy, 9(2), 88–107.    10.22051/jfm.2018.21372.1734 (in Persian)

Ebrahimi, S., Girma, S., Eskandar, M., & Williams, J. (2013). Dynamic capital structure and political patronage: The case of Malaysia. International Review of Financial Analysis, 28, 23–32. https://doi.org/10.1016/j.irfa.2013.01.004

Faccio, M. (2006). Politically connected firms. American Economic Review, 96(1), 369–386. https://doi.org/10.1257/000282806776157704

Faccio, M., Masulis, R. W., & McConnell, J. J. (2006). Political connections and corporate bailouts. The Journal of Finance, 61(6), 2597–2635. https://doi.org/10.1111/j.1540-6261.2006.01000.x

Fan, J. P. H., Wong, T. J., & Zhang, T. (2007). Politically connected CEOs, corporate governance, and post-IPO performance of China's newly partially privatized firms. Journal of Financial Economics, 84(2), 330–357. https://doi.org/10.1016/j.jfineco.2006.03.008

Fattouh, B., Scaramozzino, P., & Harris, L. (2005). Capital structure in South Korea: A quantile regression approach. Journal of Development Economics, 76(1), 231–250.   https://doi.org/10.1016/j.jdeveco.2003.10.005

He, Y., Shi, Y., & Zhou, J. (2021). Do political connections reduce corporate financial constraints? Evidence from China's private sector. Emerging Markets Review, 46, 100744. https://doi.org/10.1016/j.ememar.2020.100744

Ho, P.-H., Lin, C.-Y., Shen, C.-H., & Wang, Y.-C. (2015). Political connection, government policy, and investor trading: Evidence from an emerging market. International Review of Economics & Finance, 42, 404–418.https://doi.org/10.1016/j.iref.2015.10.004

Huber, P. J. (1981). Robust regression: Some asymptotic theory. Annals of Statistics, 9(5), 947–960.:https://doi.org/10.1214/aos/1176345632

Jafari, A., Bidarvand, R., & Maleki, A. (2021). The effect of political connections on corporate financial flexibility. Accounting and Management Outlook, 4(45), 61–72. (in Persian)

Johnson, S., & Mitton, T. (2003). Cronyism and capital controls: Evidence from Malaysia. Journal of Financial Economics, 67(2), 351–382. https://doi.org/10.1016/S0304-405X(02)00255-6

Kaloudis, A., & Tsolis, D. (2019). Capital structure and speed of adjustment in U.S. firms. Α comparative study in microeconomic and macroeconomic conditions-a quantile regression approach.  International

Business Research; Vol. 12, No. 10; 2019. https://doi.org/10.5539/ibr.v12n10p98

Knox, C., & Peters, B. (2023). Political patronage in Asian bureaucracies. Cambridge University Press. https://doi.org/10.1017/9781009208055.016

Koenker, R. (2005). Quantile Regression. Cambridge University Press. https://doi.org/10.1017/CBO9780511754098

Koenker, R., & Bassett, G. (1978). Quantile regression. Econometrica, 46(1), 33–50. https://doi.org/10.2307/1913643

Li, X., Heaney, R., & Huang, X. (2019). Political connections and capital structure: Evidence from China. Emerging Markets Review, 40, 100622. https://doi.org/10.1016/j.ememar.2019.100622

Liu, H., & Zhao, W. (2023). The role of political connections in bad times: Evidence from the COVID-19 pandemic. Economics Letters, 224, 110860. https://doi.org/10.1016/j.econlet.2023.110860

Maronna, R. A., Martin, R. D., & Yohai, V. J. (2006). Robust statistics: Theory and methods. Wiley. https://doi.org/10.1002/0470010940

Mehrabi-Hashtchin, N., Ebrahimi, S. K., & Bahraminasab, A. (2022). Investigating the moderating effect of political connections on the relationship between financial constraints and financial distress risk with abnormal return. Financial Management Strategy, 10(1), 113–132. 10.22051/jfm.2020.26722.2116 (in Persian)

Myers, S. C. (2001). Capital structure. Journal of Economic Perspectives, 15(2), 81–102. https://doi.org/10.1257/jep.15.2.81

Nadiri, M., Abbaspoor Marzabali, R., & Masoudi Alavi, S. H. (2020). Examining the financing hierarchy of companies listed on the Tehran Stock Exchange using quantile regression. First International Conference on Challenges and Modern Solutions in Industrial Engineering, Management and Accounting, Sari. https://civilica.com/doc/1045749 (in Persian)

Parsafard, B., Osta, S., & Sheikhi, H. (2023). Investigating the relationship between institutional monitoring and types of political connections with earnings sustainability. Financial Accounting Research, 15(4), 113–13,  10.22108/far.2024.140493.2033 (in Persian)

Penman, S. H. (2013). Financial statement analysis and security valuation. McGraw-Hill Education.

Qian, M., Pan, H., & Yeung, B. Y. (2010). Expropriation of minority shareholders in politically connected firms. Finance and Corporate Governance Conference Paper. https://doi.org/10.2139/ssrn.1784403

Rajan, R. and Zingales, L. (1995) What Do We Know about Capital Structure? Some Evidence from International Data. Journal of Finance, 50, 1421-1460.
http://dx.doi.org/10.1111/j.1540-6261.1995.tb05184.x

Rezaei, F., & Afrozi, L. (2015). The relationship between debt cost and corporate governance in politically connected companies. Accounting and Social Interests, 5(1), 85–112. 10.22051/ijar.2015.2138 (in Persian)

Saeed, A., Belghitar, Y., & Clark, E. (2014). Political connections and leverage: Firm-level evidence from Pakistan. Managerial and Decision Economics, 36, 364–383. https://doi.org/10.1002/mde.2624

Salehi-Nia, M., & Tamoradi, A. (2019). The effect of political connections on financing policies. Financial Accounting Research, 11(2), 11–60. 10.22108/far.2019.116207.1434 (in Persian)

Shaygani, B., Eghbali, A., & Zarrini, E., (2023). Identifying factors affecting business cycles in Iran’s economy: quantile regression approach. Stable Economy Journal, 4(2), 112-145.

doi: 10.22111/sedj.2023.45866.1355 (in Persian)

Shen, C.-H., Lin, C.-Y., & Wang, Y. (2021). Political connections and debt structure: A quantile regression approach. Journal of International Financial Markets, Institutions and Money, 74, 101400. https://doi.org/10.1016/j.intfin.2021.101400

Stijn Claessens, E., Feijen, L., & Laeven, L. (2008). Political connections and preferential access to finance: The role of campaign contributions. Journal of Financial Economics, 88(3), 554–580. https://doi.org/10.1016/j.jfineco.2006.11.003

Sun, P., Mellahi, K., & Wright, M. (2012). The contingent value of corporate political ties. Academy of Management Perspectives, 26(3), 68–82. https://doi.org/10.5465/amp.2011.0164

Wei, Y., Jia, N., & Bonardi, J.-P. (2022). Corporate political connections: A multidisciplinary review. Journal of Management, 49(6), 1870–1910. https://doi.org/10.1177/01492063221108381

Xia, J., Yao, F. K., Yin, X., Wang, X., & Lin, Z. (2023). How do political and nonpolitical ties affect corporate regulatory participation? A regulatory capture perspective. Business & Society, 63(7), 1639–1686. https://doi.org/10.1177/00076503231151144

Xie, W., Liu, K., Xie, F., & Ding, H. (2017). Political ties and firm performance in China: Evidence from a quantile regression. Journal of East Asian Studies, 17(3), 331–341https://doi.org/10.1017/S159824080000301X