Basic Research Journal of Business Management and Accounts
ISSN 2315-6899
Vol. 6(5), pp. 58-64, December 2017 Copyright 2013 Basic Research Journals |
Full
Length Research Paper
Surveying of the relationship between the amount of investment and
corporate value
*Taha Bahrami, Yaser paritaghi
Accounting Department of Economics, Management and Accounting, Tabriz-Iran
*Corresponding Authors email:
Taha.bahrami20@gmail.com;
yparitaghi@yahoo.com *phone
number 00989147901965
Received 07 December, 2017; Accepted 13 December, 2017; Published 02
January, 2018
The
present study seeks to examine the relationship between the amount of
investment and firm value in companies listed at Tehran Stock Exchange.
Independent variables include the amount of investment. firm value is
our dependent variable measured by Tobin-Q index. Also, the control
variables such as firm size, leverage, and growth opportunity are used.
The study is an applied research with correlative, post-event
methodology. Population of the study includes 120 companies listed at
Tehran Stock Exchange during 2007 to 2017 using screening method. Normal
least squares regression model is used for testing hypotheses. Results
indicate that amount of investment has no effects on firm value in
general companies in sense.
Keywords:
amount of investment, firm value, Tehran Stock Exchange.
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