The Effect of Different Financing Methods of Firms Accepted in Tehran Stock Exchange, on Their Share Yield

Mehdi Zeinali, Mostafa Zareii, Behnam Samadiyan, Seyed Reza Musavi

Abstract


In this research has been tried to review the effect of various methods of financing on share yield of accepted firms
in the stock exchange of Tehran during 2005-2009. For this reason, the firms which financed through loan or
increased capital have been selected and based on noted data on financial statements of them. the effect of two
given financing methods (loan & increased capital) on return of their equities following recognition normality of
studied variables by Kolmogorov-Smirnov test, correlation analysis and regression analysis. The state of accepted
firms in stock exchange of Tehran compared to effect of various financing methods on return rate of equalities
during given years has been reviewed. The results of research show that it isn’t possible to claim that the financing
through increased capital has positive influence on share yield of accepted firms in the stock exchange of Tehran.
On the other hand, could be claimed that, financing through loan has positive influence on share yield of accepted
firm in the Tehran stock exchange.

Full Text: PDF DOI: 10.5539/ijbm.v7n3p94

Creative Commons License
This work is licensed under a Creative Commons Attribution 3.0 License.

International Journal of Business and Management   ISSN 1833-3850 (Print)   ISSN 1833-8119 (Online)

Copyright © Canadian Center of Science and Education

To make sure that you can receive messages from us, please add the 'ccsenet.org' domain to your e-mail 'safe list'. If you do not receive e-mail in your 'inbox', check your 'bulk mail' or 'junk mail' folders.