Measuring investment strategies, light or heavy assets and debt multiplication based on consistent decisions in industry group companies

Subject Areas : Journal of Investment Knowledge

mahmoud kochakzadeh tahamtan ¹ , Fraydoon Rahnamay Roodposhti ^{2 *} , HAMIDREZA KORDLOUIE ³ , shadi shahverdiani ⁴ , maziar ghasemi ⁵

1 - Ph.D. Candidate of Financial Engineering, Shahr-E-Qods Branch, Islamic Azad University, Tehran, Iran.
2 - Full professor, Department of Financial Management, science and research, islamic Azad University,Tehran,Iran.
3 - Department of Financial Management, Islamshahr Branch, Islamic Azad University, Islamshahr, Iran.
4 - Department of Financial Engineering, Shahr-E-Qods Branch, Islamic Azad University, Tehran, Iran.
5 - Adiban Institute of Higher Education , semnan, Iran. Department of Financial Management,.

Received: 2021-11-01 Accepted : 2022-01-18 Published : 2022-09-23

Keywords: " Debt Multiplication Strategy", "Corporate Investment Strategies" . " Heavy Asset Strategy", "Light Asset Strategy",

Abstract :

AbstractThis study evaluates investment strategies, light or heavy assets and debt multiplication based on consistent decisions in industry group companies. For this research, a sample of 104 companies listed on the Tehran Stock Exchange was selected.In this study, investment strategies, light or heavy assets and debt multiplication were measured based on consistent decisions in companies in the industry group for the period 1394 to 1399, which is a total of 624 observations available for research. In this study, variables were first identified using interviews with experts. The statistical method used in this research is multivariate regression method using data panel method. The results of the research hypotheses show that the company's investment strategies, heavy asset strategy, light asset strategy, debt multiplication strategy of each company are significantly influenced by similar strategies of companies in their industry.

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