To Survey the Relationships Between Different Methods of Financing and Stock Returns in Tehran Stock Exchange

Document Type : Research Paper

Authors

1 Assistant Professor Department of Accounting of Management Tehran North Branch Islamic Azad University

2 M.A. Accounting, Payam Noor University

Abstract

The economical units require financial sources because of various reasons. The different ways of financial for accessing to the best structure of capital and making value have special importance for owners of company. This research is done for answering to this question: “which financial activities are effective for making yield for companies?” In fact the research is done in order to identify the relationship between the financial activities and the variable stock return. For achieving the research purposes, 106 companies that are accepted in Tehran stock exchange have been chosen judgingly from 1380 to 1386 and the research hypothesis have been tested by using 574 observations for every four research variables. The research variables have been accepted by using Spearman and Pearson’s Correlation tests and regression analysis, too. The result of the research show that in accepted companies by Tehran Stock Exchange, the absorption of financial sources through financial activities that include financial by stock emission, borrowing and making debt, have had a negative affection on future yield of stock and by increasing them, the stock yield will decrease

Keywords

References

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