STUDY OF THE IMPACT OF FINANCIAL STRUCTURE, FINANCIAL LEVERAGE AND PROFITABILITY ON COMPANIES SHARES VALUE (A STUDY CASE: TEHRAN STOCK EXCHANGE LISTED COMPANIES, IRAN)

Maryam Karimi, Mohammad Kheiri

Abstract


The main purpose of this study is investigate of the effect of financial structure, financial leverage and profitability on company’s value among the firms listed on Tehran's stock exchange between 2010 and 2014. In this study, the data were collected by using of various sources based the official documents on Tehran's stock exchange, including the Tadbirpardaz and Rahavard Novin software have been used for calculation of dependent research variables have been used for calculation of dependent research variables. Nonetheless, data belonging to firms have been reviewed through investigation of journals, disks that are provided by the stock exchange organization and the website of Tehran stock services and also reports published by Tehran's organization of stock exchange. Which was processed after moving to the EXCEL spreadsheet, and using was of data analysis by combined data method. Results have shown that the variable of financial structure has no statistically significant effects on company’s value. Results of the study regarding, there is a positive relationship between financial leverage and profitability on company’s value.

 

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financial structure, financial leverage, profitability and company’s value

References


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DOI: http://dx.doi.org/10.46827/ejefr.v0i0.137

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