SUSTAINABLE GROWTH AND FIRM RISK FROM THE SIGNALING PERSPECTIVE
Journal Title: Asian Economic and Financial Review - Year 2013, Vol 3, Issue 5
Abstract
This study attempts to examine the relevance of sustainable growth and its influence on firm’ financial and business risks and Compare the relative information content of them. Based on sampling, 85 firms from Tehran Stock Exchange (TSE) were selected and examined during 2003 to 2010. The Statistical tests findings showed that there is a significant relation between the firm’ real and sustainable growth difference and their financial risk, but there is no significant relation between the firm’ real and sustainable growths difference and their business risk
Authors and Affiliations
MOHEB ALI KANANI| M.A. in Accounting, Accounting Department,Marvdasht Branch, Islamic Azad University-, Marvdasht, Iran, Javad Moradi| Assistant Professor, Accounting Department,MarvdashtBranch,Islamic Azad University, Marvdasht, Iran, Hashem Valipour| Assistant Professor, Accounting Department,MarvdashtBranch,Islamic Azad University, Marvdasht, Iran
Keywords
Related Articles
- EP ID EP1916
- DOI -
- Views 484
- Downloads 34
IMPROVEMENT OF FIRM PERFORMANCE BY ACHIEVING COMPETITIVE ADVANTAGES THROUGH VERTICAL INTEGRATION IN THE APPAREL INDUSTRY OF BANGLADESH
In the manufacturing step of the global apparel value chain (GAVC) the firms face fierce competition due to availability of low cost labor and hence the opportunity to make higher profit is a tough job. According to Gere...
THE IMPACT OF INDUSTRIAL AGGLOMERATION ON FIRM EMPLOYMENT AND PRODUCTIVITY IN GUANGDONG PROVINCE, CHINA
This paper examines the impact of industrial agglomeration on productivity and firm employment in Guangdong province, China. As the firstly opened area in China, Guangdong gained most benefits from the economic reform by...
MARKET EFFICIENCY OF ASEAN STOCK MARKETS
In this paper, we examine the stock market efficiency of the members of the Association of South East Asian Nations (ASEAN). We use the conventional individual variance ratio tests like the Lo and MacKinlay (1988) test,...
AN INVESTIGATION INTO THE EFFICIENCY OF MONETARY AND FISCAL POLICIES IN IRAN CASE STUDY: THE 4th ECONOMIC DEVELOPMENT PLAN
This study investigates the efficiency of the quantitative targets of monetary and fiscal policies of Iranian 4th economic development plan using dynamic simulation approach. An open macro economy model was designed and...
TEST OF THE BANK LENDING CHANNEL FOR A BRICS COUNTRY
Based on a simultaneous-equation model of loan demand and loan supply and applying the three-stage least squares method, this paper finds that loan demand is negatively affected by the lending rate and positively associa...