International journal of law and management determinants of capital structure: an empirical study of firms in iran mohammad alipour mir farhad seddigh mohammadi hojjatollah derakhshan downloaded by universitas muhammadiyah malang at 20:28 27 march 2015 (pt) article information: to cite this document: mohammad alipour mir farhad seddigh.
And developing countries, impact of various factors on capital structure in iran and other countries can be compared this comparison helps to identify gaps of determinants of capital structure impact in future researches should study reasons of these gaps and, if necessary, try to resolving them.
Risk, effective tax rate, size and tangibility) as determinants of capital structure we provide evidence that although capital structure theories could be portable to iran but, there are several major differences indicating that specific features of iranian capital market are at work.
Suitable capital structure helps smes to stay alive in the competitive market and has a positive effect on the national economy wealth maximization is the first objective of the firms, and capital structure proposition shows how a firm plans to finance its projects to meet its first objective. 2 leverage and determinants of capital structure 21 capital structure following the similar studies (rajan and zingales, 1995 wiwattanakantang, 1999 korajczyk and levy, 2003 lipson and mortal, 2009 kayo and kimura, 2011), capital structure is defined using two alternative measures, including book leverage and market leverage.
Read this article to learn about capital structure of a firm:- 1 meaning of capital structure 2 determinants of capital structure meaning of capital structure of a firm: to be more accurate, the term ‘capital structure’, or financial structure, or financial plan of a company refers to the composition of the long-term sources of funds. Key determinants of capital structure in iran 11 background capital structure choice is one of the important financial decisions that can affect firm's value capital structure has been studied by many scholars during.
Capital structure decisions and determinants: an empirical study in iran aiyoub ahmadimousaabad1, key words: capital structure, debt equity ratio, is the return to assets rather than the costs of capital that determine the value of the firms.