The Impact of Economic Growth on Ownership and Financial Structures of Companies Active in Tehran Stock Exchange
This study is an attempt to investigate the reciprocal effects of economic growth and financial structure on one hand, and economic growth and ownership structure of companies on the other. The study aim is to identify and clarify the implications of the aforementioned relationships in order to util...
Main Authors: | , |
---|---|
Format: | Article |
Language: | fas |
Published: |
Allameh Tabataba'i University Press
2007-06-01
|
Series: | Faslnāmah-i Pizhūhish/Nāmah-i Iqtisādī |
Online Access: | https://joer.atu.ac.ir/article_3258_213ec16949250368fd7a0f11f3b99227.pdf |
_version_ | 1827398458739261440 |
---|---|
author | Mehdi Taghavi Seyyed Yousef Ahadi Serkani |
author_facet | Mehdi Taghavi Seyyed Yousef Ahadi Serkani |
author_sort | Mehdi Taghavi |
collection | DOAJ |
description | This study is an attempt to investigate the reciprocal effects of economic growth and financial structure on one hand, and economic growth and ownership structure of companies on the other. The study aim is to identify and clarify the implications of the aforementioned relationships in order to utilize the results in decision making policies and in implementing laws constraining financial as well as ownership structures of companies in the process of development. The analysis of the percentage of debt and capital variations with the assumption of compound growth revealed that by financing through increasing debt, companies failed to have an impact on economic growth. This finding is an indication of the significance of financing through increasing the capital and its role on the process of development. No significant result has been found between economic growth and other structural variables. Meanwhile, by utilizing the second and third assumptions to determine structural indices, no significant causal relationship has been found between economic growth and structural variables. |
first_indexed | 2024-03-08T19:28:53Z |
format | Article |
id | doaj.art-d6f4fb59544e472d8885696182fde02a |
institution | Directory Open Access Journal |
issn | 1735-210X 2476-6453 |
language | fas |
last_indexed | 2024-03-08T19:28:53Z |
publishDate | 2007-06-01 |
publisher | Allameh Tabataba'i University Press |
record_format | Article |
series | Faslnāmah-i Pizhūhish/Nāmah-i Iqtisādī |
spelling | doaj.art-d6f4fb59544e472d8885696182fde02a2023-12-26T07:56:09ZfasAllameh Tabataba'i University PressFaslnāmah-i Pizhūhish/Nāmah-i Iqtisādī1735-210X2476-64532007-06-017251972353258The Impact of Economic Growth on Ownership and Financial Structures of Companies Active in Tehran Stock ExchangeMehdi Taghavi0Seyyed Yousef Ahadi Serkani1عضو هیأت علمی دانشگاه علامه طباطبائیعضو هیأت علمی دانشگاه آزاد اسلامی- واحد فیروزکوهThis study is an attempt to investigate the reciprocal effects of economic growth and financial structure on one hand, and economic growth and ownership structure of companies on the other. The study aim is to identify and clarify the implications of the aforementioned relationships in order to utilize the results in decision making policies and in implementing laws constraining financial as well as ownership structures of companies in the process of development. The analysis of the percentage of debt and capital variations with the assumption of compound growth revealed that by financing through increasing debt, companies failed to have an impact on economic growth. This finding is an indication of the significance of financing through increasing the capital and its role on the process of development. No significant result has been found between economic growth and other structural variables. Meanwhile, by utilizing the second and third assumptions to determine structural indices, no significant causal relationship has been found between economic growth and structural variables.https://joer.atu.ac.ir/article_3258_213ec16949250368fd7a0f11f3b99227.pdf |
spellingShingle | Mehdi Taghavi Seyyed Yousef Ahadi Serkani The Impact of Economic Growth on Ownership and Financial Structures of Companies Active in Tehran Stock Exchange Faslnāmah-i Pizhūhish/Nāmah-i Iqtisādī |
title | The Impact of Economic Growth on Ownership and Financial Structures of Companies Active in Tehran Stock Exchange |
title_full | The Impact of Economic Growth on Ownership and Financial Structures of Companies Active in Tehran Stock Exchange |
title_fullStr | The Impact of Economic Growth on Ownership and Financial Structures of Companies Active in Tehran Stock Exchange |
title_full_unstemmed | The Impact of Economic Growth on Ownership and Financial Structures of Companies Active in Tehran Stock Exchange |
title_short | The Impact of Economic Growth on Ownership and Financial Structures of Companies Active in Tehran Stock Exchange |
title_sort | impact of economic growth on ownership and financial structures of companies active in tehran stock exchange |
url | https://joer.atu.ac.ir/article_3258_213ec16949250368fd7a0f11f3b99227.pdf |
work_keys_str_mv | AT mehditaghavi theimpactofeconomicgrowthonownershipandfinancialstructuresofcompaniesactiveintehranstockexchange AT seyyedyousefahadiserkani theimpactofeconomicgrowthonownershipandfinancialstructuresofcompaniesactiveintehranstockexchange AT mehditaghavi impactofeconomicgrowthonownershipandfinancialstructuresofcompaniesactiveintehranstockexchange AT seyyedyousefahadiserkani impactofeconomicgrowthonownershipandfinancialstructuresofcompaniesactiveintehranstockexchange |