Determinants of Capital Structure in Iran

被引：0

作者：

Nemati, Ali ^{[1
]}

Muhammad, Joriah ^{[1
]}

机构：

[1] Islamic Azad Univ, Cent Tehran Branch, Dept Accounting, Tehran, Iran

来源：

LIFE SCIENCE JOURNAL-ACTA ZHENGZHOU UNIVERSITY OVERSEAS EDITION | 2012年 / 9卷 / 04期

关键词：

capital structure; tangibility; firm size; profitability; liquidity;

D O I：

暂无

中图分类号：

Q [生物科学];

学科分类号：

07 ; 0710 ; 09 ;

摘要：

Most shareholders, investors and financial controllers are concerned about company's capital structure because the combination of company's capital structure would affect profitability. Determinants of capital structure have been studied by many researchers worldwide but not the determinants of capital structure in Iran. Hence this study is conducted to determine the factors that influence the capital structure of the 129 listed companies in the Tehran Stock Exchange from the period of 2001 to 2008. This study is also to find the relationship between tangibility, profitability, liquidity and firm size with capital structure. The findings indicate that liquidity is the most significant factor that influenced the capital structure, followed by tangibility, size and profitability. Tangibility, liquidity and size are significant and positively related to capital structure but profitability is not significant and negatively related to capital structure of the listed companies in Iran. [Ali NEMATI, Joriah Muhammad. Determinants of Capital Structure in IranForests. Life Sci J 2012;9(4): 4623-4627] (ISSN: 1097-8135). http://www.lifesciencesite.com. 696

引用

页码：4623 / 4627

页数：5

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