due to the fact that assets are recorded at their historical value and they may include unrealized gains (losses), managers may manipulate earnings through the sale of these assets and provide financial information which is not accurate and reliable. the aim of this study is to investigate the relationship between income from asset sales, earnings change and leverage of companies listed on tehr...

There is strong evidence indicating that the existing measures which are designed to detect a single high leverage collinearity-reducing observation are not effective in the presence of multiple high leverage collinearity-reducing observations. In this paper, we propose a cutoff point for a newly developed high leverage collinearity-influential measure δ D i and two existing measures δi and li ...

In this report, we propose a robust mixture of regression based on t-distribution by extending the mixture of t-distributions proposed by Peel and McLachlan (2000) to the regression setting. This new mixture of regression model is robust to outliers in y direction but not robust to the outliers with high leverage points. In order to combat this, we also propose a modified version of the propose...

Approved for public release; distribution is unlimited. ACKNOWLEDGMENTS These studies were conducted with the assistance and cooperation of the Fifth Marine Regiment, Camp Pendleton, CA. We would like to thank Colonel Brooks, Commanding Officer of Fifth Marines, and Major Turner (his S-3), for their unselfish dedication of time and effort in facilitating access to the officers and staff noncomm...

the purpose of this paper is a study on the effect of cash flows on the gap between actual and optimal financial leverage ratio companies listed in tehran stock exchange. in this regard, we try to help with advanced econometric techniques such as partial adjustment model on panel data and generalized method of moments to achieve a reasonable estimate of the impacts.in this paper, were analyzed ...

journal of accounting advances (j.a.a) vol. 5, no. 1, 2013, ser. 64/3     extended abstract   an analysis of the effects of growth opportunities on financial leverage of companies listed on tehran stock exchange   dr. s. samadi                  s. soheili                   v. kabiripour isfahan university   introduction the ability of companies in identifying the potential financial sources to ...

Information opacity leads to information asymmetry. In this situation, in providing their own financial needs, firms face limitations and inevitably provide their financial needs from the debt market by signalling private information to it. In addition, information opacity affects the leverage adjustment speed. This research investigates the effect of information opacity on deviation from targe...