Factors affecting the level of investment in listed companies in Tehran Stock Exchange
Subject Areas : Labor and Demographic Economics
Keywords: capital, dividend, Level of investment, Tobin q ratio, Liabilities,
Abstract :
The objective of this paper is to identify the effective elements on the level of companies’ investment. So, affected by 7 selected variables like cash flow, Tobin ratio, growth rate of in come divided payments, announced payments, liabilities changes, paid-in capital on the level of companies investment have been researched. By using the data of 100 companies as a sample and applying Regression OLS from 2002 to 2008, we will continue the research. The results represent that factors like cash flow, Tobin q ratio, divided payments and announcements and liabilities changes affect the level of investment. But the rate of growth and paid-in capital don’t affect the level of investment.
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