International Business Management
ISSN: OnlineISSN: Print 1993-5250
Abstract
The aim of this study was to investigate the relationship between capital structure is the extent of product market competition in the Tehran Stock Exchange. The 5-year study period the companies listed in Tehran Stock Exchange during 2010-2015 were studied. Between the 90 companies surveyed using multivariable linear regression analysis, the software 17 SPSS the product market competition under two criteria Tobin's Q and Herfindahl Hirschman was measured. The three indicators: growth, debt-size companies was considered as a control variable, the test results indicate that there is a significant relationship between capital structure Tobin's Q index but there is a significant relationship between capital structure and Hirschman index was not confirmed Herfindahl-Hirschman.
How to cite this article:
Ali Mohamad Khorshidi and Ali Kiamehr. Study the Relationship Between Capital Structure and Product Market Competition in the Tehran Stock Exchange.
DOI: https://doi.org/10.36478/ibm.2016.3136.3140
URL: https://www.makhillpublications.co/view-article/1993-5250/ibm.2016.3136.3140