دوره 9، شماره 33 - ( 7-1397 )                   سال9 شماره 33 صفحات 42-7 | برگشت به فهرست نسخه ها

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Abdi E, Khodadad kashi F, Mosavi Jahromi Y. The Effect of Financial Development on the Investment of the Companies Listed on the Tehran Stock Exchange. jemr 2018; 9 (33) :7-42
URL: http://jemr.khu.ac.ir/article-1-1688-fa.html
عبدی ابراهیم، خداداد کاشی فرهاد، موسوی جهرمی یگانه. تاثیر توسعه مالی بر سرمایه گذاری شرکت های عضو بورس اوراق بهادار تهران. تحقیقات مدلسازی اقتصادی. 1397; 9 (33) :7-42

URL: http://jemr.khu.ac.ir/article-1-1688-fa.html

تاثیر توسعه مالی بر سرمایه گذاری شرکت های عضو بورس اوراق بهادار تهران
ابراهیم عبدی* 1، فرهاد خداداد کاشی2 ، یگانه موسوی جهرمی2
1- دانشگاه پیام نور ، eb_abdi@pnu.ac.ir
2- دانشگاه پیام نور
چکیده:   (5566 مشاهده)
مقاله حاضر به ارزیابی تاثیر توسعه مالی بر سرمایه گذاری شرکت های عضو بورس اوراق بهادار تهران می پردازد. برای این منظور با استفاده از داده های 258 شرکت طی دوره 1384 تا 1395 و روش گشتاورهای تعمیم یافته پویا، مدل سرمایه گذاری با لحاظ محدودیت مالی برآورد گردید. نتایج تحقیق نشان داد که شرکت های مورد بررسی در زمینه سرمایه گذاری مواجه با محدودیت مالی بوده و توسعه مالی با کاهش محدودیت مالی شرکت ها بر سرمایه گذاری آنها تاثیر مثبت دارد. علاوه بر این، نتایج تحقیق نشان داد که تاثیر مثبت توسعه مالی بر سرمایه گذاری شرکت های بزرگ، بیشتر از شرکت های کوچک بوده و در دوره رونق، محدودیت مالی شرکت ها کاهش می یابد و توسعه مالی اثر مثبت دوره رونق اقتصادی بر کاهش محدودیت مالی شرکت ها را افزایش می دهد.
واژه‌های کلیدی: توسعه مالی، سرمایه گذاری، محدودیت مالی، اندازه بنگاه، چرخه های تجاری.
متن کامل [PDF 960 kb]   (2258 دریافت)    
نوع مطالعه: كاربردي | موضوع مقاله: پولی و مالی
دریافت: 1397/1/15 | پذیرش: 1397/5/3 | انتشار: 1397/9/28
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