A survey on the effects of the exchange rate changes and financial flexibility on the usage of financial leverage in accepted companies of tehran stock exchange

Yazarlar :

Hamid MAHMOODABADI , Hoda KIAFAR , Reza ZARE ,

Yazar kurumları :

Shiraz University¹, Lar Branch, Lar Usage Scientific General University², Marvdasht Branch, Islamic Azad University³, Yasouge Branch, Islamic Azad University

Görüntülenme :

527

DOI :

Özet Türkçe :

In the present study we try to examine the exchange rate changes and financial flexibility as the economic stable indexes on the financial leverage use in the companies so the main issue in this study is to define the financial leverage relation with exchange rate changes and financial flexibility. That is why 88 companies of the companies listed in Tehran stock exchange in 2005–2011. The study type is descriptive–correlative and the multivariable linear regression was used to analyze the data. The findings from the hypotheses test state there is a significant relation between financial leverage and financial flexibility while there isn't relation between financial leverage and exchange rate changes.

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