Analyzing the Impacts of Credit Development on Exporting Probability of Companies Listed In Tehran Stock Exchange (Test)
Journal Title: IOSR journal of Business and Management - Year 2018, Vol 20, Issue 6
Abstract
In modern world of industry and trades, exports and competitive powerare crucial to manufactures while credit development is essential to exports.This research, via the adoption of Logit model, attempted to analyze the impacts of financialdevelopment on the probability of exports by companies listed in Tehran Stock Exchange (TSE) during 2008 -2014 time period. The statistical population covered 102 companies listed in Tehran Stock Exchange (TSE). Considering the analyses, findings and the research results, it is held that the impacts of the independent indicator of financial development (which in turn is computed from base capital ratio to risky assets) on virtual dependent indicator of 0 and 1 of export probability would be 1 in case of export probability and 0 if proved otherwise are positive and significant. Considering the fact that improved capital adequacy results in increased base capital of firms or lowered risky assets,it could be concluded thatfinancial development enhances investments in production and consequently the volume of exports in the sample companies. The findings could greatly contribute to description and analyses of financial reporting settings that may provide shareholders and investors with correct and accurate information for selection of outperforming firms.
Authors and Affiliations
Maryam Fahmideh
Keywords
Related Articles
- EP ID EP411669
- DOI 10.9790/487X-2006047381.
- Views 84
- Downloads 0
The Analysis of Different Types of IoT Sensors and security trend as Quantum chip for Smart City Management
The life on earth and the sense of the change in surroundings is highly depends on each other. So sensors have become part of our daily life. Recent years witnessed tremendous advances in wirelessly networks and its sens...
IMPLICATION OF THE TERTIARY SECTOR IN THE INDIAN ECONOMY – BIRD’S EYE SCRUTINY OF TAMILNADU’S TERTIARY SECTOR AND THE OVERALL CONTRIBUTION TO GDP
The transition of an economy from the primary and the secondary sectors towards the tertiary sector paves way for the development of a country. The predominance of the service sector not only contributes towards increasi...
A Study Using SERVQUAL Model to Assess Service Quality and Customer Satisfaction of Internet Banking Usages in Burdwan District, West Bengal
The technology innovation of electronic channel of service delivery has brought in a level playing for business economy. The Internet banking is thus an essential medium for banking economy. However customer satisfaction...
The Relationship between Job Satisfaction, Work-Life Balance and Organizational Commitment on Employee Performance.
The study examines the relationship between work-life balance, job satisfaction and organizational commitment on employee performance among administrative staff in Northern region universities in Malaysia. The study adop...
Challenges In Implementation Of International Financial Reporting Standards: Indian Context
International Accounting is considered to be a universal system that could be adopted in all countries. A world-wide set of generally accepted accounting principles. Developments made by different international organizat...