عنوان مقاله English
نویسندگان English
The subject of this study is to analize interaction between capital structure and stock returns factors. Capital structure and stock returns factors were selected based on theoretical and pervious researches. In this study, three main hypotheses and fourteen sub-hypothesis have been designed and developed. Structural equation models were used for the analysis and test hypothesis. Structural equation models allowed the researcher testing a set of regression equations simultaneously and investigating interaction variables to be measured. The results showed that the variables of capital structure and stock returns are affected. The findings also suggest the existence of interaction between capital structure and stock return. According to equity market timing theory, returns have negative effects on capital structure against capital structure have positive effects on returns because there is positive relation between risk and returns.Listen
کلیدواژهها English