[Home ] [Archive]   [ فارسی ]  
:: Main :: About :: Current Issue :: Archive :: Search :: Submit :: Contact ::
Main Menu
Home::
Journal Information::
Articles archive::
For Authors::
For Reviewers::
Registration::
Contact us::
Site Facilities::
::
Search in website

Advanced Search
..
Receive site information
Enter your Email in the following box to receive the site news and information.
..
:: Volume 2, Issue 1 (modern theories of accounting,spring 2012,vol2,no.1,ser.3 2012) ::
3 2012, 2(1): 1-28 Back to browse issues page
The Impact of Macroeconomics Variables on Corporate Financing Decisions
Mohsen Dastgir , Vali Khodadadi , Saeed Hajizadeh
Abstract:   (1769 Views)
The aim of this paper is to investigate the impact of macroeconomics conditions on Financing Decisions of Companies listed in Tehran stock exchange (TSE). For this purpose, data from 274 companies for 12 years period between the years 1999 to 2010 were used. Before estimating the model, unit root and cointegration test was performed and the results confirm the existence of stationary of all variables. The method of using panel data regression model was fitted to the case. Result shows that exchange rate have significantly positive and interest rate significantly negative impact on corporate Financing Decisions. The results also showed that inflation and money supply growth rate have no significant effect on corporate financing decisions.
Keywords: financing, interest rate, money supply growth, inflation, exchange rate
Full-Text [PDF 2358 kb]   (186 Downloads)    
Type of Study: Research | Subject: General
Received: 2012/01/1 | Accepted: 2012/03/12 | Published: 2012/03/20
Send email to the article author

Add your comments about this article
Your username or Email:

CAPTCHA


XML   Persian Abstract   Print


Download citation:
BibTeX | RIS | EndNote | Medlars | ProCite | Reference Manager | RefWorks
Send citation to:

Dastgir M, Khodadadi V, Hajizadeh S. The Impact of Macroeconomics Variables on Corporate Financing Decisions. 3 2012; 2 (1) :1-28
URL: http://mta.raja.ac.ir/article-1-59-en.html


Rights and permissions
Creative Commons License This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
Volume 2, Issue 1 (modern theories of accounting,spring 2012,vol2,no.1,ser.3 2012) Back to browse issues page
فصلنامه نظریه های نوین حسابداری فصلنامه نظریه های نوین حسابداری
Persian site map - English site map - Created in 0.05 seconds with 37 queries by YEKTAWEB 4657