ارزيابي ارتباط بين ساختار تامين مالي و تصميمات مربوط به سرمايه گذاري منابع در دارايي هاي شركت هاي پذيرفته شده در بورس اوراق بهادار تهران

Evaluation of the Relation between financing Structure and Decisions Related to Resource Investment for Assets of Accepted Companies in Tehran Stock Exchange

This research is done for evaluation between financing structure and the combination of resources investment for different assets of TSC accepted companies. Financing process and the optimum combination of financing structure on the one hand, and decision making for achieved resources investment in different sectors of assets on the other hand, are among issues which are important in management decision making. In the present research, we are to answer this question that whether decided investment, for assets of TSE companies, is affected by their financing structure. In this study, explanation of the relation between indicators identifying financing structure and decisions of investment for assets combination is done through using multiple regression models and data of 94 TSE selected companies for a 10- year period of 77-86. Each component of assets, defined in a model and has absolute correlation with financing structure which following a specific pattern, is not explainable. As we observed, investments does not have any significant relation to indexes of financing structure. However, some items of assets have separately relation to some identifying indexes. Findings show the confirmation of main hypothesis of the research regarding the relation between financing structure and related decisions of resource investments in asset structure, so some specific variables introduces financing structure of companies.