The Study of The Relation Between Corporate Life Cycle and Capital Structure in TSE (Tehran Stock Exchange)

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.

DAMOORI DARIUSH; Basad Atefeh

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

Journal Paper

Paper Information

Journal: JOURNAL OF ACCOUNTING AND AUDITING RESEARCHES (ACCOUNTING RESEARCH) Year:2018 | Volume:9 | Issue:36 Page(s): 81-96

Download Full-Text

Persian Verion

View:

982

Download:

Cites:

Information Journal Paper

Title

The Study of The Relation Between Corporate Life Cycle and Capital Structure in TSE (Tehran Stock Exchange)

Author(s)

DAMOORI DARIUSH | Basad Atefeh | Issue Writer Certificate

Keywords

life cycle stagesQ2

capital structureQ2

company sizeQ2

company AgeQ2

Abstract

Today, Regarding to competitiveness of markets, optimized arrangements of sources is a vital and non-avoidable for retaining the situation and improvement of the organization, in order to maximizing desirability in its life cycle, companies adopt different policies. In this study, the relationship between life cycle and capital structure and other factors related to capital structure (profitability, liquidity, visible estate, the company size, Age, non debt tax shields, and growth opportunity) were studied. For achieving this goal, proposed by 8 theories, in this research 114 companies and in other words 570 years-companies were studies as sample from 2009 to 2013. Panel data method is used because of the kind of research data, and two regression methods were used for studying research variables relationship with capital structure. In the first model LCSR and in the second one, RE/TA (as life cycle representative) measured to capital structure. For ranking companies, Park & Chen methodology has been used. The study hypotheses have been examined, using Stata11. Results show that there is a meaningful relationship between life cycle stages rank, retained profit to total assets, visible estate, profitability and capital structure, according to these two models. Lifetime variable has no meaningful relationship with capital structure. And, there is a vague relationship between size, growth opportunity, and non debt tax shields with capital structure. This means that these variables are meaningful in one model but meaningless in the other. Then, we can not talk about meaningfulness or meaninglessness of these variables with certainty.

Cites

No record.

References

No record.

Cite

APA: Copy

DAMOORI, DARIUSH, & Basad, Atefeh. (2018). The Study of The Relation Between Corporate Life Cycle and Capital Structure in TSE (Tehran Stock Exchange). JOURNAL OF ACCOUNTING AND AUDITING RESEARCHES (ACCOUNTING RESEARCH), 9(36 ), 81-96. SID. https://sid.ir/paper/157374/en

Vancouver: Copy

DAMOORI DARIUSH, Basad Atefeh. The Study of The Relation Between Corporate Life Cycle and Capital Structure in TSE (Tehran Stock Exchange). JOURNAL OF ACCOUNTING AND AUDITING RESEARCHES (ACCOUNTING RESEARCH)[Internet]. 2018;9(36 ):81-96. Available from: https://sid.ir/paper/157374/en

IEEE: Copy

DARIUSH DAMOORI, and Atefeh Basad, “The Study of The Relation Between Corporate Life Cycle and Capital Structure in TSE (Tehran Stock Exchange),” JOURNAL OF ACCOUNTING AND AUDITING RESEARCHES (ACCOUNTING RESEARCH), vol. 9, no. 36 , pp. 81–96, 2018, [Online]. Available: https://sid.ir/paper/157374/en

Related Journal Papers