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The investigation of debt maturity structure and ownership structure in Tehran Stock Exchange

عنوان مقاله: The investigation of debt maturity structure and ownership structure in Tehran Stock Exchange
شناسه ملی مقاله: JR_MTHA-1-1_008
منتشر شده در در سال 1390
مشخصات نویسندگان مقاله:

زهره حاجیها
حسنعلی اخلاقی

خلاصه مقاله:
The main objective of this research is to review and analyze the relationship between ownership structure and debt maturity among listed companies in Tehran Stock Exchange. Hence, we investigated debt maturity structure as dependent variable and the percentage of major stockholder along with the percentage of managerial ownership as ownership structure measures and independent variables. In order to examine research hypotheses multivariate regression through pool data and financial measures of ۷۵ sample companies during the period ۲۰۰۱- ۲۰۰۹ have been used. The research findings imply that there is no significant relationship between debt maturity structure and the percentage of major stockholder; however, there is a positive relationship between debt maturity structure and the percentage of managerial ownership. Additionally, hypotheses testing among Chemical, Drug, Food, Automobile and Cement Industries resulted in various findings.      

کلمات کلیدی:
debt maturity structure, major stockholder, managerial ownership, panel data., ساختار سررسید بدهی, سهامدار عمده, مالکیت مدیریتی, داده ترکیبی.

صفحه اختصاصی مقاله و دریافت فایل کامل: https://civilica.com/doc/1514583/