The effect of CEO tenure on the relationship between the quality of accruals and financing through bank debt

Today’s world, management plays a crucial role in increasing the efficiency and productivity of companies. Among the four key factors of success in organizations including labor, capital, raw materials and management, the role of management is more important today than ever. In today's competitive world, there is a lot of pressure to achieve the desired results quickly and, consequently, quick decisions that managers play a vital role in implementing, and sometimes due to not achieving the desired results, managerial changes are made in the organization as soon as possible. Therefore, this study examines the impact of the CEO's tenure on the relationship between the quality of accruals and financing through bank debt. To conduct this research, a sample of 102 companies listed on the Tehran Stock Exchange was selected.
This research was conducted in the period of six years from 2014  to 2019, in which 612 observations are available for research. The statistical method used in this research is multivariate regression method using data panel method. The results of the research hypothesis show that the quality of accruals directly affects the financing through bank debt and with the increase of the CEO's tenure on the quality of accruals and financing in the company is also strong. It happens higher.