TY  - JOUR
T1  - Effect of IPO Market Timing Strategies in Short-Terms and Long-Terms on
Capital Structure in the Case of Iranian Privatization Organization
AU - Sedaghat, Parastoo AU - Nazaripour, Mohammad AU - SheikhAhmadian, Asrin 
JO  - International Business Management
VL  - 10
IS  - 30
SP  - 6891
EP  - 6905
PY  - 2016
DA  - 2001/08/19
SN  - 1993-5250
DO  - ibm.2016.6891.6905
UR  - https://makhillpublications.co/view-article.php?doi=ibm.2016.6891.6905
KW  - OTC
KW  -financial data
KW  -temporary fluctuation
KW  -capital structure
KW  -market timing
KW  -Initial public offerings
AB  - This research surveys and examines Initial Public Offerings (IPOs) market timing on capital structure in the case of the Iranian privatization organization as Initial Public Offerings (IPOs). The main objective of the research is to understand factors which effects of Market timing on capital structure in Iran IPOs. According to market timing theory, companies determine share price through timing share issue in market. Managers issue shares when market to book ratio increase so that managers believe that time is great for issuing shares. Therefore, temporary fluctuation in market value can cause the permanent changes on capital structure. Initial Public Offering (IPOs) is the most important external financial in companies. A total number of 48 IPO’s companies were targeted during period 2007-2012. The financial data has been collected among exchange companies, Over the Counter (OTC) companies and Auction companies in Iranian privatization organization in which issue shares for first time during above period. It has been use OLS regression for analyzing the secondary data. So, it has been concluded that there is significant relationship between Initial Public Offerings (IPOs) market timing and capital structure.
ER  -