نوع مقاله : مقاله پژوهشی
نویسندگان
دانشگاه آزاد اسلامی، واحد ارومیه، گروه حسابداری، ارومیه، ایران
چکیده
کلیدواژهها
عنوان مقاله [English]
نویسندگان [English]
This research investigates the relationship between sensitivity of external resources and cash flow with an emphasis on financial constraints and tangibility Tehran Stock Exchange (TSE). The population of the study consists all firms listed in TSE. Sample of research include 71 firms which is studied during the period of 2005 to 2013. The results indicate that not only there is not a significant relationship between sensitivity of external resources and cash flow, but also financial constraints and tangibility is not effective in this relationship. In addition, the results indicate that there is a negative and significant between assets tangibility and external resources which in that with increase of tangible assets, external financing reduces and vice versa. Finally, the results show that there is a positive significant relationship between firm’s growth and assets tangibility with external financing.
کلیدواژهها [English]
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