The relationship of participation in poverty reduction with the cost of equity and cost of debt
Zohreh Hajiha
1
(
Department of Accounting, Tehran East Branch, Islamic Azad University, Tehran, Iran
)
mohammadhossein fallahzavareh
2
(
Ph.D. student, Accounting Department, Kish International Branch, Islamic Azad University, Kish Island, Iran
)
Keywords: The Participation in poverty alleviation by companies at the cost of equity, cost of debt, equity,
Abstract :
Poverty eradication is a priority of the United Nations Sustainable Development Program, the World Bank, as well as many governments around the world. The companies admitted to the Tehran Stock Exchange play an essential role in helping the campaign to reduce poverty in the country. The aim is to investigate whether poverty alleviation by companies shapes their financing costs or not. In this research, the relationship between participation in poverty reduction with equity cost and debt cost was made for the period 1396 to 1401. The statistical sample examined in this research includes 102 companies admitted to the Tehran Stock Exchange, with a total of 612 observations for the research period. became. The statistical method used in this research is the multivariate regression method using the panel data method. The results of this research show that there is a significant inverse relationship between participation in poverty reduction by companies with the cost of equity and between participation in poverty reduction by companies with the cost of debt
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