The Effect of Cash Flow Stability and Financial Policies on Brand
Journal Title: International Journal of Academic Research in Accounting, Finance and Management Sciences - Year 2015, Vol 5, Issue 3
Abstract
In this paper, we determine the relationship between cash flow stability and financial policies on brand of 124 companies listed on Tehran Stock Exchange during 2008-2014. The financial policies consist of credit rating, financial leverage ratio, and cash assets ratio. The results of this study indicated that cash flow stability and credit rating has a significant positive impact on brand and financial leverage ratio has a significant negative impact on brand. However, there was no relationship between cash assets ratio and brand. In other words, the increased stability of cash flows and credit rating and the reduced financial leverage ratio positively affect brand, but the increased or decreased cash assets ratio does not affect brand.
Authors and Affiliations
Ghodratollah Talebnia, Fatemeh Fadaeiyan
Keywords
Related Articles
- EP ID EP100858
- DOI 10.6007/IJARAFMS/v5-3/1807
- Views 120
- Downloads 0
The Effect of Ownership Structure and Corporate Governance on Capital Structure of Ghanaian Listed Manufacturing Companies
The study explores the relationship between ownership structure and corporate governance on capital structure of some listed manufacturing companies in Ghana Stock Exchange. This study was motivated by the fact that alth...
Financing of Innovative Small and Medium-Sized Enterprises. A Research in Turkey
Today’s business realm involves a vast variety of businesses and business groups; small and medium-sized enterprises (SMEs) being one of the most prominent. Despite countless investigations from many different business-r...
The Impact of Accounting Indicators and Growth on the Market Value
The Effectiveness of Audit Committee on Curbing Earnings Management Practices - pre and post - BCGC 2011: Further Look
The aim of this study is to provide the second evidence on the effectiveness of Bahraini corporate governance code (BCGC) 2011 on curbing earnings management practices. It’s my second study to measure the effectiveness o...
Impact of Information Risk on the Liquidity Risk of the Firms Listed on the Tehran Stock Exchange