پژوهش‌های تجربی حسابداری (Dec 2015)

The Relation of Capital Structure and Dividend Policy with Cash Holdings

  • Esfandiar Malekian,
  • Rasoul Salmani

DOI
https://doi.org/10.22051/jera.2015.649
Journal volume & issue
Vol. 5, no. 2
pp. 55 – 72

Abstract

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Capital structure, dividend policy and cash reserves are the factors that affect firm value. This study examines the relation of capital structure and dividend policy with cash holdings in the firms listed in Tehran Stock Exchange. The sample includes 90 manufacturing firms listed in Tehran Stock Exchange for the period of 2007-2011.To estimate the statistical model, panel data regression method has been used. The results show that there is a significant relation of capital structure and dividend policy with cash holding in TSE.

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