عنوان مقاله [English]
نویسندگان [English]چکیده [English]
It is believed that social aspects and institutional components of sustainable development, have a great importance in economic growth process, but it should be considered that this effect on economic growth is indirect. This effect is done through some channels; one of these channels is the direct effect of social capital on financial development. Therefore, the purpose of this study is to investigate mostly one of the obstacles of financial markets development in Iranian Economy. The analyses are done by statistical models, econometrics and hypothesis tests by ARDL approach. The findings indicate that the index of embezzlement, bribery and forging have negative effects on the ratio of credit allocated to private enterprises to total domestic credit in short and long-run. On the other hand, the index of cheque default has a negative effect on the multilateral index of social capital on the ratio of commercial banks domestic assets to the banking system assets.