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EFFECTIVE FACTORS ON DEBT TO EQUITY RATIO OF SHAREOWNERS IN CAPITAL STRUCTURE OF THE ACCEPTED CORPORATIONS IN TEHRAN STOCK EXCHANGE |
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| รหัสดีโอไอ | |
| Creator | Bahareh Feizsohrabi, Babak Jamshidinavid. |
| Title | EFFECTIVE FACTORS ON DEBT TO EQUITY RATIO OF SHAREOWNERS IN CAPITAL STRUCTURE OF THE ACCEPTED CORPORATIONS IN TEHRAN STOCK EXCHANGE |
| Contributor | - |
| Publisher | TuEngr Group |
| Publication Year | 2562 |
| Journal Title | International Transaction Journal of Engineering, Management, & Applied Sciences & Technologies |
| Journal Vol. | 10 |
| Journal No. | 9 |
| Page no. | 10A09L: 1-13 |
| Keyword | Corporation size, Corporation age, Profitability, D/E ratio, Growth opportunity, Liquidity. |
| URL Website | http://tuengr.com/Vol10_9.html |
| Website title | ITJEMAST V10(8) 2019 @ TuEngr.com |
| ISSN | 2228-9860 |
| Abstract | Capital Structure of a corporation will indicate the relationship between financial leverage and equity of shareowners. Financial leverage will make limitations for managers while capital increases flexibility and making decision ability. Mainly, using financial leverage in financial structure will cause investors' expected returns increase but this function can corporation risk, too. So, using financial leverage is like a double-edged sword (mutual relationship) that can increase or decrease corporation value. This research aims to investigate the effective factors on debt to equity(D/E) ratio of shareowners in the capital structure of the accepted corporations in Tehran Stock Exchange. This research is comparatively based on its performance logic and research time is sectional and its performance method is descriptive-measuring and post-eventual. Research statistic population includesall the accepted corporations in Tehran Stock Exchange witha sample of 142 corporations chosen by systematic deletion. Research finding indicates that corporation growth opportunity, profitability, corporation size,and corporation age have positive meaningful effects on D/E ratio of shareowners. However, obvious properties, liquidity,andtangible assethave negative meaningful effects on D/Eratio of shareowners. It is suggested that research studied corporations will decrease D/E ratio of shareowners by an increase of usual stock sale. |