THE INVESTIGATION OF THE RELATIONSHIP BETWEEN CAPITAL STRUCTURE AND ABNORMAL RETURNS (EVIDENCE FROM 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.

DARABI ROYA

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

Journal Paper

Paper Information

Journal: JOURNAL OF FINANCIAL MANAGEMENT STRATEGY Year:2016 | Volume:4 | Issue:12 Page(s): 77-102

Download Full-Text

Persian Verion

View:

835

Download:

Cites:

Information Journal Paper

Title

THE INVESTIGATION OF THE RELATIONSHIP BETWEEN CAPITAL STRUCTURE AND ABNORMAL RETURNS (EVIDENCE FROM TEHRAN STOCK EXCHANGE)

Author(s)

DARABI ROYA | Issue Writer Certificate

Keywords

RETURNSQ2

CUMULATIVE ABNORMAL RETURNSQ1

CAPITAL STRUCTUREQ2

BOOK LEVERAGEQ2

MARKET LEVERAGEQ2

Abstract

The current research is intended to study the relationship between the method of financing (capital structure) and abnormal RETURNS of the firms listed in Tehran Stock Exchange. The research was done within the time range of 2009-2013. The sample included 133 firms of 23 different industries. This study is applied in purpose and correlation- descriptive in method. To test the models, the Chaw test was firstly used and it was indicated that Panel method should be applied. Then, Hausman test was applied for incorporating Panel method’s random effects or proof effects. Finally, the value of presentation model and the results obtained from classic regression assumptions were stated, separate hypotheses have been tested by using regression models. The findings showed that there is a reverse meaningful relationship between firms’ BOOK LEVERAGE and their cumulative abnormal RETURNS. However, there is not a meaningful relationship with a 95% confidence between MARKET LEVERAGE and cumulative abnormal RETURNS.

Cites

No record.

References

No record.

Cite

APA: Copy

DARABI, ROYA. (2016). THE INVESTIGATION OF THE RELATIONSHIP BETWEEN CAPITAL STRUCTURE AND ABNORMAL RETURNS (EVIDENCE FROM TEHRAN STOCK EXCHANGE). JOURNAL OF FINANCIAL MANAGEMENT STRATEGY, 4(12), 77-102. SID. https://sid.ir/paper/261642/en

Vancouver: Copy

DARABI ROYA. THE INVESTIGATION OF THE RELATIONSHIP BETWEEN CAPITAL STRUCTURE AND ABNORMAL RETURNS (EVIDENCE FROM TEHRAN STOCK EXCHANGE). JOURNAL OF FINANCIAL MANAGEMENT STRATEGY[Internet]. 2016;4(12):77-102. Available from: https://sid.ir/paper/261642/en

IEEE: Copy

ROYA DARABI, “THE INVESTIGATION OF THE RELATIONSHIP BETWEEN CAPITAL STRUCTURE AND ABNORMAL RETURNS (EVIDENCE FROM TEHRAN STOCK EXCHANGE),” JOURNAL OF FINANCIAL MANAGEMENT STRATEGY, vol. 4, no. 12, pp. 77–102, 2016, [Online]. Available: https://sid.ir/paper/261642/en

Related Journal Papers