How to cite this paper
Vosoughi, M., Derakhshan, H & Alipour, M. (2016). Investigating the relationship between financial distress and investment efficiency of companies listed on the Tehran Stock Exchange.Accounting, 2(4), 167-176.
Refrences
de la Cruz, A.M.P., Lizano, M.M., & Madrid, E.M. (2014). Corporate governance and accuracy level of financial distress prediction models. International Business & Economics Research Journal, 13(7), 1619-1624.
Bahramfar, N. & Mehrani, K. (2004). The relationship between earnings per share, dividends, and investment in listed companies in Tehran Stock Exchange. Journal of Accounting and Auditing, 36, 27-43.
Biddle, G., Hilary, G., & Verdi, R.S. (2009). How does financial reporting quality relate to investment efficiency?. Journal of Accounting and Economics, 48, 112-131.
Chen, F., Hope, O.K., Li, Q., & Wang, X. (2011). Financial reporting quality and investment efficiency of private firms in emerging markets. The Accounting Review, 86(4), 1255–1288.
Cheng, M., Dhaliwal, D., Zhang, Y. (2013). Does investment efficiency improve after the disclosure of material weaknesses in internal control over financial reporting? Journal of Accounting and Economics, 56(1), 1-18.
Das, S., & Pandit, SH. (2010). Audit quality, life-cycle stage and the investment efficiency of the firm. SRRN.
Gordon, M.J. (1971). Towards a Theory of Financial Distress.
Hu, D., & Zheng, H. (2015). Does ownership structure affect the degree of corporate financial distress in China?. Journal of Accounting in Emerging Economies, 5(1), 35-50.
Hubbard, R. G. (1998). Capital market imperfections and investment. Journal of Economic Literature, 36(1), 193–225.
Khajavi, S., Bayazidi, A., & Jabbarzadeh, S. (2012). A comparison investigation of financial reporting quality in financially distressed and non-distressed firms, Case study: Listed companies in TSE. Research in Experimental Accounting, 3, 53-66. (In Persian).
Kordestani, G. Biglari, V., & Bakhtiari, M. (2011). Ability of combinations of cash flow components to predict financial distress. Business: Theory and Practice, 12(3), 277-285.
Koredestani, G., Tatli, R., & Kosari Fard, H. (2013). Assessment of prediction ability of Altman's adjusted Model of Newton’s financial distress stages and bankruptcy. Investment Knowledge, 3(9), 83-99.
Liao, G.M., & Chen, Y. (2007). Government ownership, corporate characteristics and corporate performance in distress. Accounting Research, 3, 33–4.
Liao, X., & Liu, Y. (2014). Local fiscal distress and investment efficiency of local SOEs. China Journal of Accounting Research, 7(2), 119-147.
Mansourfar, G. (2013). Econometrics and metaheuristic optimization approaches to international portfolio diversification. Iranian Journal of Management Studies, 6(6), 45-75.
Miglani, S., Ahmed, K., & Henry, D. (2015). Voluntary corporate governance structure and financial distress: Evidence from Australia. Journal of Contemporary Accounting & Economics, 11(1), 18-30.
Rahimian, N., & Tavakolnia, E. (2013). Financial leverage and its relationship with financial distress and growth opportunities in companies listed in Tehran Stock Exchange (linear and curvature relationships). Journal of Financial Accounting, 20.
Richardson, S. (2006). Over-investment of free cash flow. Review of Accounting Studies, 11(2-3), 159-189.
Stein, J. (2003). Agency information and corporate investment. In Handbook of the Economics of Finance, edited by George Constantin ides, Milt Harris and René Stulz, Elsevier. 111-165.
Weston, J.F., & Brigham, E.F. (1992). Managerial Finance. Saunders College Publishing/Harcourt Brace; 9th ed.
Whitaker, R. (1999). The early stages of financial distress. Journal of Economics and Finance, 23, 123–133.
Bahramfar, N. & Mehrani, K. (2004). The relationship between earnings per share, dividends, and investment in listed companies in Tehran Stock Exchange. Journal of Accounting and Auditing, 36, 27-43.
Biddle, G., Hilary, G., & Verdi, R.S. (2009). How does financial reporting quality relate to investment efficiency?. Journal of Accounting and Economics, 48, 112-131.
Chen, F., Hope, O.K., Li, Q., & Wang, X. (2011). Financial reporting quality and investment efficiency of private firms in emerging markets. The Accounting Review, 86(4), 1255–1288.
Cheng, M., Dhaliwal, D., Zhang, Y. (2013). Does investment efficiency improve after the disclosure of material weaknesses in internal control over financial reporting? Journal of Accounting and Economics, 56(1), 1-18.
Das, S., & Pandit, SH. (2010). Audit quality, life-cycle stage and the investment efficiency of the firm. SRRN.
Gordon, M.J. (1971). Towards a Theory of Financial Distress.
Hu, D., & Zheng, H. (2015). Does ownership structure affect the degree of corporate financial distress in China?. Journal of Accounting in Emerging Economies, 5(1), 35-50.
Hubbard, R. G. (1998). Capital market imperfections and investment. Journal of Economic Literature, 36(1), 193–225.
Khajavi, S., Bayazidi, A., & Jabbarzadeh, S. (2012). A comparison investigation of financial reporting quality in financially distressed and non-distressed firms, Case study: Listed companies in TSE. Research in Experimental Accounting, 3, 53-66. (In Persian).
Kordestani, G. Biglari, V., & Bakhtiari, M. (2011). Ability of combinations of cash flow components to predict financial distress. Business: Theory and Practice, 12(3), 277-285.
Koredestani, G., Tatli, R., & Kosari Fard, H. (2013). Assessment of prediction ability of Altman's adjusted Model of Newton’s financial distress stages and bankruptcy. Investment Knowledge, 3(9), 83-99.
Liao, G.M., & Chen, Y. (2007). Government ownership, corporate characteristics and corporate performance in distress. Accounting Research, 3, 33–4.
Liao, X., & Liu, Y. (2014). Local fiscal distress and investment efficiency of local SOEs. China Journal of Accounting Research, 7(2), 119-147.
Mansourfar, G. (2013). Econometrics and metaheuristic optimization approaches to international portfolio diversification. Iranian Journal of Management Studies, 6(6), 45-75.
Miglani, S., Ahmed, K., & Henry, D. (2015). Voluntary corporate governance structure and financial distress: Evidence from Australia. Journal of Contemporary Accounting & Economics, 11(1), 18-30.
Rahimian, N., & Tavakolnia, E. (2013). Financial leverage and its relationship with financial distress and growth opportunities in companies listed in Tehran Stock Exchange (linear and curvature relationships). Journal of Financial Accounting, 20.
Richardson, S. (2006). Over-investment of free cash flow. Review of Accounting Studies, 11(2-3), 159-189.
Stein, J. (2003). Agency information and corporate investment. In Handbook of the Economics of Finance, edited by George Constantin ides, Milt Harris and René Stulz, Elsevier. 111-165.
Weston, J.F., & Brigham, E.F. (1992). Managerial Finance. Saunders College Publishing/Harcourt Brace; 9th ed.
Whitaker, R. (1999). The early stages of financial distress. Journal of Economics and Finance, 23, 123–133.