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  1 - The Evaluation of the Static Trade-off Theory in Capital Structure
  Hashem Nikoomaram Fereydoon Rahnama Roodposhty Arefeh Moshefi
  One of the major tasks of a financial manager in company is determining providing the best combination of financial resources for their company, in other words, the best capital structure. These decisions should be in line with increase in value of the company. Accordin More

  One of the major tasks of a financial manager in company is determining providing the best combination of financial resources for their company, in other words, the best capital structure. These decisions should be in line with increase in value of the company. According to modern theories of capital structure, a lot of important factors must be considered in combination the capital structure. so, in this study, we have concentrated on examining some major factors on the capital structure of the companies registered in securities exchange within 1382-1387 interval, in the frame of modern theory of capital structure such as static trade-off theory .for this paper we have ed 75 companies registered in T.S.E and also we use multiple regression with panel data to measure correlation between capital structure and factors mentioned about. Finding show that during the study period, factors such as: profitability and liquidity have an indirect meaningful relationship with capital structure, also variables like collaterals have direct meaningful and size have meaningless relationship with capital structure. Finally we conclude that finding in this study in T.S.E don’t confirm the static trade-off theory findings except collaterals. Manuscript profile