Impact of Cash Flow on Capital Structure of Firms Listed in Tehran Stock Exchange

Authors

  • Hamidreza Kordlouie Islamic Azad University, Eslamshahr Branch, Iran
  • Fatemeh Mosadegh Islamic Azad University, North Tehran Branch, Iran
  • Hamid Mahdavi Rad Islamic Azad University, Malayer Branch, Iran

DOI:

https://doi.org/10.11634/216796061706539

Keywords:

Cash Flow, Capital Structure, Financing

Abstract

This research examines the impact of cash flow on capital structure of firm and finance through debit and capital in future. In order to meet this goal, it is applied from multi variable regression statistical method and this research is carried out from 2006 until 2010 at Tehran stock exchange. In the way of carrying out this research the information related to dependent variable, independent variable and control variable through Tadbirpardaz database and Rahavard Novin database and through website and library affiliated to stock exchange organization and the sample was collected among 415 firms. Upon extracting information, the desired folders were designed and calculated by Excel and finally was analyzed by SPSS software. Results reveal that as it was expected there is significant relationship between operational cash flow with external financing, finance through stock, finance through debit for the firm listed at Tehran stock exchange.

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Published

06/05/2014

How to Cite

Kordlouie, H., Mosadegh, F., & Mahdavi Rad, H. (2014). Impact of Cash Flow on Capital Structure of Firms Listed in Tehran Stock Exchange. American Journal of Business and Management, 3(2), 117–129. https://doi.org/10.11634/216796061706539

Issue

Vol. 3 No. 2 (2014)

Section

Articles

License

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