Open access
Oct 2026
Earnings Management and Investment Opportunities in Frontier Markets: The Suppressor Role of Credit Risk
This study examines the association between earnings management (EM) and investment opportunities through credit risk in a sanctioned frontier market. Using a balanced panel of 146 Tehran Stock Exchange firms (2018–2024) with Driscoll–Kraay standard errors and Wild Cluster Bootstrap, we find a positive direct associati...
Mohammad Ramezanahmadi, Esmaiel Mazaheri, Babak Abedi Sadaghiani et al.
· Journal of Risk and Financia... · 0 citations