THE RELATIONSHIP BETWEEN FINANCIAL CONSTRAINTS, THE STRUCTURE OF ASSETS AND FINANCING IN COMPANIES LISTED IN 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.

LARI DASHTBAYAZ MAHMOUD; SALEHI MAHDI; SEKHAVATPOOR MARYAM

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

Journal Paper

Paper Information

Journal: JOURNAL OF ASSET MANAGEMENT AND FINANCING Year:2018 | Volume:6 | Issue:1 (20) Page(s): 181-196

Download Full-Text

Persian Verion

View:

1,041

Download:

Cites:

Information Journal Paper

Title

THE RELATIONSHIP BETWEEN FINANCIAL CONSTRAINTS, THE STRUCTURE OF ASSETS AND FINANCING IN COMPANIES LISTED IN TEHRAN STOCK EXCHANGE

Author(s)

LARI DASHTBAYAZ MAHMOUD | SALEHI MAHDI | SEKHAVATPOOR MARYAM | Issue Writer Certificate

Keywords

FINANCIAL LEVERAGEQ2

FINANCIAL CONSTRAINTSQ2

STRUCTURE OF ASSETSQ1

COLLATERALQ1

Abstract

The main objective of this study was to investigate the moderating effect of FINANCIAL CONSTRAINTS of Kaplan-Zingales Index (1997) on the relationship between the structure of COLLATERAL assets and financing structure of the companies listed in Tehran Stock Exchange (TSE). To this end, the study was carried out using systematic elimination skewed sample consists of 155 firms over the period of 11 years -from 2004 to 2015. The results show that moderating effect of FINANCIAL CONSTRAINTS on the relationship between and the total COLLATERAL assets with FINANCIAL LEVERAGE and components COLLATERAL assets (property, plant and equipment, inventory, accounts receivable) with the company's FINANCIAL LEVERAGE is direct and significant. The test of the third hypothesis showed that there is no moderating effect of FINANCIAL CONSTRAINTS on the relationship between long-term assets and long-term securities held by FINANCIAL LEVERAGE. Furthermore, testing the moderating effect of FINANCIAL CONSTRAINTS on the relationship between short-term bond funds with short-term FINANCIAL LEVERAGE impose a direct and significant relationship; as well as the moderating effect of short-term FINANCIAL CONSTRAINTS on components of COLLATERAL assets (inventory, accounts receivable) with short-term FINANCIAL LEVERAGE denote that there is a direct and significant relationship and non-relationship for the aforementioned issues, respectively.

Cites

No record.

References

No record.

Cite

APA: Copy

LARI DASHTBAYAZ, MAHMOUD, SALEHI, MAHDI, & SEKHAVATPOOR, MARYAM. (2018). THE RELATIONSHIP BETWEEN FINANCIAL CONSTRAINTS, THE STRUCTURE OF ASSETS AND FINANCING IN COMPANIES LISTED IN TEHRAN STOCK EXCHANGE. JOURNAL OF ASSET MANAGEMENT AND FINANCING, 6(1 (20) ), 181-196. SID. https://sid.ir/paper/245668/en

Vancouver: Copy

LARI DASHTBAYAZ MAHMOUD, SALEHI MAHDI, SEKHAVATPOOR MARYAM. THE RELATIONSHIP BETWEEN FINANCIAL CONSTRAINTS, THE STRUCTURE OF ASSETS AND FINANCING IN COMPANIES LISTED IN TEHRAN STOCK EXCHANGE. JOURNAL OF ASSET MANAGEMENT AND FINANCING[Internet]. 2018;6(1 (20) ):181-196. Available from: https://sid.ir/paper/245668/en

IEEE: Copy

MAHMOUD LARI DASHTBAYAZ, MAHDI SALEHI, and MARYAM SEKHAVATPOOR, “THE RELATIONSHIP BETWEEN FINANCIAL CONSTRAINTS, THE STRUCTURE OF ASSETS AND FINANCING IN COMPANIES LISTED IN TEHRAN STOCK EXCHANGE,” JOURNAL OF ASSET MANAGEMENT AND FINANCING, vol. 6, no. 1 (20) , pp. 181–196, 2018, [Online]. Available: https://sid.ir/paper/245668/en

Related Journal Papers