Investigating the effect of family ownership on financing constraints and corporate efficiency (Case study: Tehran Stock Exchange companies)
The purpose of this study is to investigate the effect of family ownership on financing constraints and efficiency of companies in Tehran Stock Exchange companies. To investigate the present issue, 110 companies listed on the Tehran Stock Exchange during a five years’ period during 2013 to 2017 were...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Rasht: Javad Deljoo Shahir
2019-06-01
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| Series: | New Applied Studies in Management, Economics & Accounting |
| Subjects: | |
| Online Access: | https://www.nasme-journal.ir/article_176336_cfcd0e6f17460d4e80ca82f3dbb87123.pdf |
| _version_ | 1797634089339060224 |
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| author | Fazel Mohammadi Noodeh Saeed Shahriyari |
| author_facet | Fazel Mohammadi Noodeh Saeed Shahriyari |
| author_sort | Fazel Mohammadi Noodeh |
| collection | DOAJ |
| description | The purpose of this study is to investigate the effect of family ownership on financing constraints and efficiency of companies in Tehran Stock Exchange companies. To investigate the present issue, 110 companies listed on the Tehran Stock Exchange during a five years’ period during 2013 to 2017 were surveyed using the combined data method (550 observation). The results of the significance test of coefficients based on fitted regression equations show that family ownership has a positive and significant effect on corporate financing constraints. On the other hand, family ownership has a negative and significant relationship with corporate performance. |
| first_indexed | 2024-03-11T12:03:54Z |
| format | Article |
| id | doaj.art-a33769fcefef42769e5803700c68f1d4 |
| institution | Directory Open Access Journal |
| issn | 2783-3119 |
| language | English |
| last_indexed | 2024-03-11T12:03:54Z |
| publishDate | 2019-06-01 |
| publisher | Rasht: Javad Deljoo Shahir |
| record_format | Article |
| series | New Applied Studies in Management, Economics & Accounting |
| spelling | doaj.art-a33769fcefef42769e5803700c68f1d42023-11-07T18:02:59ZengRasht: Javad Deljoo ShahirNew Applied Studies in Management, Economics & Accounting2783-31192019-06-012272010.22034/nasmea.2019.176336176336Investigating the effect of family ownership on financing constraints and corporate efficiency (Case study: Tehran Stock Exchange companies)Fazel Mohammadi Noodeh0Saeed Shahriyari1Islamic Azad University, Lahijan Branch, IranKar Institute of Higher Education, Qazvin, IranThe purpose of this study is to investigate the effect of family ownership on financing constraints and efficiency of companies in Tehran Stock Exchange companies. To investigate the present issue, 110 companies listed on the Tehran Stock Exchange during a five years’ period during 2013 to 2017 were surveyed using the combined data method (550 observation). The results of the significance test of coefficients based on fitted regression equations show that family ownership has a positive and significant effect on corporate financing constraints. On the other hand, family ownership has a negative and significant relationship with corporate performance.https://www.nasme-journal.ir/article_176336_cfcd0e6f17460d4e80ca82f3dbb87123.pdffamily ownershipownership structurefinancial constraintsinvestment sensitivity |
| spellingShingle | Fazel Mohammadi Noodeh Saeed Shahriyari Investigating the effect of family ownership on financing constraints and corporate efficiency (Case study: Tehran Stock Exchange companies) New Applied Studies in Management, Economics & Accounting family ownership ownership structure financial constraints investment sensitivity |
| title | Investigating the effect of family ownership on financing constraints and corporate efficiency (Case study: Tehran Stock Exchange companies) |
| title_full | Investigating the effect of family ownership on financing constraints and corporate efficiency (Case study: Tehran Stock Exchange companies) |
| title_fullStr | Investigating the effect of family ownership on financing constraints and corporate efficiency (Case study: Tehran Stock Exchange companies) |
| title_full_unstemmed | Investigating the effect of family ownership on financing constraints and corporate efficiency (Case study: Tehran Stock Exchange companies) |
| title_short | Investigating the effect of family ownership on financing constraints and corporate efficiency (Case study: Tehran Stock Exchange companies) |
| title_sort | investigating the effect of family ownership on financing constraints and corporate efficiency case study tehran stock exchange companies |
| topic | family ownership ownership structure financial constraints investment sensitivity |
| url | https://www.nasme-journal.ir/article_176336_cfcd0e6f17460d4e80ca82f3dbb87123.pdf |
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