THE EFFECT OF STOCK MARKET DEVELOPMENT ON THE PERFORMANCE OF NON- FINANCIAL

Q: How can I download an article?

To download an article from SID, first log in to the site, search for the article title, and click on the 'Download Article' option.

Q: How can I download an ISI article?

To download an ISI article on SID, enter the keyword or article title in the search bar, view the relevant results, click on the desired article, and select the 'Download Article' option.

Q: How can I access the SID database?

To access the SID database, visit SID.ir, create an account, and log in to access scientific resources.

Q: Is downloading articles from SID free?

Some articles on SID are available for free, while others require payment. Details are specified on the article's page.

SHAHIDI AMENEH; YAVARI KAZEM; DEHGHAN DEHNAVI MOHAMMADALI; HEYDARI HASSAN

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Journal Paper

Paper Information

Journal: Journal of Iran's Economic Essays; an Islamic approach Year:2015 | Volume:12 | Issue:23 Page(s): 79-108

Download Full-Text

Persian Verion

View:

1,446

Download:

Cites:

Information Journal Paper

Title

THE EFFECT OF STOCK MARKET DEVELOPMENT ON THE PERFORMANCE OF NON- FINANCIAL

Author(s)

SHAHIDI AMENEH | YAVARI KAZEM | DEHGHAN DEHNAVI MOHAMMADALI | HEYDARI HASSAN | Issue Writer Certificate

Keywords

CAPITAL STRUCTUREQ2

PERFORMANCE OF NON-FINANCIAL FIRMSQ2

STOCK MARKET SIZEQ2

STOCK MARKET ACTIVITYQ2

STOCK MARKET EFFICIENCYQ2

Abstract

The current study examines the effect of stock market development on CAPITAL STRUCTURE on one hand and CAPITAL STRUCTURE on firm performance on the other hand. It also examines some variables related to firm specifications. To do so, unbalanced panel data of 175 non-financial firms in securities and exchange organization of country and a recursive equation system including two equations related to CAPITAL STRUCTURE and firm performance have been used. Evaluation of the stock market development effect on CAPITAL STRUCTURE and considering how CAPITAL STRUCTURE affects firm performance makes it possible to evaluate direct effect of stock market development on firm CAPITAL STRUCTURE and also its indirect effect on firm performance. In this regard, some prevalent market development indices in terms of size, activity and efficiency of market and also performance criteria such as market value added and Tobin's Q have been examined. The result shows a positive and significant effect of debt ratio on firm performance, a positive and significant effect of STOCK MARKET SIZE and activity on CAPITAL STRUCTURE and finally a positive and significant effect of STOCK MARKET SIZE and activity on PERFORMANCE OF NON-FINANCIAL FIRMS in Iran.

Cites

No record.

References

No record.

Cite

APA: Copy

SHAHIDI, AMENEH, YAVARI, KAZEM, DEHGHAN DEHNAVI, MOHAMMADALI, & HEYDARI, HASSAN. (2015). THE EFFECT OF STOCK MARKET DEVELOPMENT ON THE PERFORMANCE OF NON- FINANCIAL. JOURNAL OF ECONOMIC ESSAYS, 12(23), 79-108. SID. https://sid.ir/paper/108943/en

Vancouver: Copy

SHAHIDI AMENEH, YAVARI KAZEM, DEHGHAN DEHNAVI MOHAMMADALI, HEYDARI HASSAN. THE EFFECT OF STOCK MARKET DEVELOPMENT ON THE PERFORMANCE OF NON- FINANCIAL. JOURNAL OF ECONOMIC ESSAYS[Internet]. 2015;12(23):79-108. Available from: https://sid.ir/paper/108943/en

IEEE: Copy

AMENEH SHAHIDI, KAZEM YAVARI, MOHAMMADALI DEHGHAN DEHNAVI, and HASSAN HEYDARI, “THE EFFECT OF STOCK MARKET DEVELOPMENT ON THE PERFORMANCE OF NON- FINANCIAL,” JOURNAL OF ECONOMIC ESSAYS, vol. 12, no. 23, pp. 79–108, 2015, [Online]. Available: https://sid.ir/paper/108943/en

Related Journal Papers