THE INVESTIGATION OF THE EFFECT OF CREDIT POWER IN COMPANIES LISTED IN TEHRAN STOCK EXCHANGE ON MARKET VALUE OF EQUITY VOLATILITY

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.

TAGHAVI SEYED ALI; GOLBAZ LEILA

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

Download Full-Text

Persian Verion

View:

1,034

Download:

Cites:

Information Journal Paper

Title

THE INVESTIGATION OF THE EFFECT OF CREDIT POWER IN COMPANIES LISTED IN TEHRAN STOCK EXCHANGE ON MARKET VALUE OF EQUITY VOLATILITY

Author(s)

TAGHAVI SEYED ALI | GOLBAZ LEILA | Issue Writer Certificate

Keywords

CREDIT POWERQ2

QUICK RATIOQ1

THE AMOUNT OF TRADE CREDITQ2

VOLATILITY OF MARKET VALUE OF EQUITYQ2

Abstract

In the present study, the effect of CREDIT POWER in companies listed in Tehran Stock Exchange on market value of equity volatility will be discussed. To measure the CREDIT POWER of companies, the QUICK RATIO measures amount of trade credit (net amount of liabilities to affiliated companies) and total current liabilities (including bank loans and trade accounts payable) was used to measure the volatility of the market value of equity, five-year standard deviation of the operation. In the course of this research, formulation of hypotheses and systematic removal of 137 companies by sampling, the 5-year period 2011- 2014 were selected with reference to their financial statements, the information necessary to measure the variables, extraction and statistical tests on they were carried out. Research data analysis, using multiple regression using panel data and random effects, suggests that firstly, QUICK RATIO decrease has significant positive effect on the equity market value in volatility; secondly, reducing the amount of credit commercial (net amount of liabilities to affiliated companies) has non-significant negative impact on the market value of equity volatility, and ultimately, an increase in total current liabilities (including bank loans and trade accounts payable) has positive and significant effect on the volatility of the equity market.

Cites

No record.

References

No record.

Cite

APA: Copy

TAGHAVI, SEYED ALI, & GOLBAZ, LEILA. (2016). THE INVESTIGATION OF THE EFFECT OF CREDIT POWER IN COMPANIES LISTED IN TEHRAN STOCK EXCHANGE ON MARKET VALUE OF EQUITY VOLATILITY. JOURNAL OF FINANCIAL MANAGEMENT STRATEGY, 4(12), 141-167. SID. https://sid.ir/paper/261645/en

Vancouver: Copy

TAGHAVI SEYED ALI, GOLBAZ LEILA. THE INVESTIGATION OF THE EFFECT OF CREDIT POWER IN COMPANIES LISTED IN TEHRAN STOCK EXCHANGE ON MARKET VALUE OF EQUITY VOLATILITY. JOURNAL OF FINANCIAL MANAGEMENT STRATEGY[Internet]. 2016;4(12):141-167. Available from: https://sid.ir/paper/261645/en

IEEE: Copy

SEYED ALI TAGHAVI, and LEILA GOLBAZ, “THE INVESTIGATION OF THE EFFECT OF CREDIT POWER IN COMPANIES LISTED IN TEHRAN STOCK EXCHANGE ON MARKET VALUE OF EQUITY VOLATILITY,” JOURNAL OF FINANCIAL MANAGEMENT STRATEGY, vol. 4, no. 12, pp. 141–167, 2016, [Online]. Available: https://sid.ir/paper/261645/en

Related Journal Papers