An Applied Study: Investigate the relationship of cash flows, capital expenditure and the ratio of shares issued according to the price coefficient (Case Study: Companies accepted in Tehran Stock Exchange)
Autor(a) principal: | |
---|---|
Data de Publicação: | 2022 |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Revista Eletrônica em Gestão Educação e Tecnologia Ambiental (REGET) |
Texto Completo: | https://periodicos.ufsm.br/reget/article/view/40313 |
Resumo: | The interests of an investor in an enterprise include: Future earnings, future cash flows and paying future cash dividends, Investing in these interests is demanded by investors and awareness of both the profit and future cash flows draws more attention. The purpose of this study is to investigate the effect of cash flows, capital expenditures and stocks on the price coefficient. This research is an applied research in terms of purpose it also falls into the descriptive-correlational research group in terms of inferring research hypotheses, combined regression models and panel data were used to test the hypotheses, multivariate linear regression test (year-company) was used to test the hypotheses. It is a library and analytical-scientific study based on panel data analysis (panel data). After collecting the required information from the companies involved, the research hypotheses were analyzed using correlation and regression analysis and data analysis panel method, initially, preliminary calculations were performed in Excel software and the data was prepared for analysis, then 10 E views software was used to perform the final analysis. In this study, financial information of 101 companies listed in Tehran Stock Exchange during the period 1391 to 1396 (660 companies - year) was reviewed. Based on the analysis carried out to confirm the first hypothesis of the study, we concluded that: There is a significant and direct relationship between cash flows and capital expenditures of companies with respect to the price coefficient of each share. We also concluded that, in support of the second research hypothesis: There is a significant and direct relationship between the ratio of issued stocks and the accumulated cash flows of companies according to the price coefficient. |
id |
UFSM-15_ca3eed56a180285a4442d728b91175fd |
---|---|
oai_identifier_str |
oai:ojs.pkp.sfu.ca:article/40313 |
network_acronym_str |
UFSM-15 |
network_name_str |
Revista Eletrônica em Gestão Educação e Tecnologia Ambiental (REGET) |
repository_id_str |
|
spelling |
An Applied Study: Investigate the relationship of cash flows, capital expenditure and the ratio of shares issued according to the price coefficient (Case Study: Companies accepted in Tehran Stock Exchange)Cash flowsThe profitability ratio of the investmentCash capital ratioPrice coefficientThe interests of an investor in an enterprise include: Future earnings, future cash flows and paying future cash dividends, Investing in these interests is demanded by investors and awareness of both the profit and future cash flows draws more attention. The purpose of this study is to investigate the effect of cash flows, capital expenditures and stocks on the price coefficient. This research is an applied research in terms of purpose it also falls into the descriptive-correlational research group in terms of inferring research hypotheses, combined regression models and panel data were used to test the hypotheses, multivariate linear regression test (year-company) was used to test the hypotheses. It is a library and analytical-scientific study based on panel data analysis (panel data). After collecting the required information from the companies involved, the research hypotheses were analyzed using correlation and regression analysis and data analysis panel method, initially, preliminary calculations were performed in Excel software and the data was prepared for analysis, then 10 E views software was used to perform the final analysis. In this study, financial information of 101 companies listed in Tehran Stock Exchange during the period 1391 to 1396 (660 companies - year) was reviewed. Based on the analysis carried out to confirm the first hypothesis of the study, we concluded that: There is a significant and direct relationship between cash flows and capital expenditures of companies with respect to the price coefficient of each share. We also concluded that, in support of the second research hypothesis: There is a significant and direct relationship between the ratio of issued stocks and the accumulated cash flows of companies according to the price coefficient.Universidade Federal de Santa Maria2022-08-01info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdftext/htmlhttps://periodicos.ufsm.br/reget/article/view/4031310.5902/2236117040313Revista Eletrônica em Gestão, Educação e Tecnologia Ambiental; REGET 2020-1; e24Revista Eletrônica em Gestão, Educação e Tecnologia Ambiental; REGET, v. 24, 2020. Publicação Contínua; e242236-11702236-1170reponame:Revista Eletrônica em Gestão Educação e Tecnologia Ambiental (REGET)instname:Universidade Federal de Santa Maria (UFSM)instacron:UFSMenghttps://periodicos.ufsm.br/reget/article/view/40313/pdfhttps://periodicos.ufsm.br/reget/article/view/40313/htmlCopyright (c) 2020 Revista Eletrônica em Gestão, Educação e Tecnologia Ambientalhttp://creativecommons.org/licenses/by-nc-sa/4.0info:eu-repo/semantics/openAccessHematfar, Mahmood2023-12-11T15:24:05Zoai:ojs.pkp.sfu.ca:article/40313Revistahttps://periodicos.ufsm.br/regetPUBhttps://periodicos.ufsm.br/reget/oaimarcelobdarosa@gmail.com||reget.ufsm@gmail.com2236-11702236-1170opendoar:2023-12-11T15:24:05Revista Eletrônica em Gestão Educação e Tecnologia Ambiental (REGET) - Universidade Federal de Santa Maria (UFSM)false |
dc.title.none.fl_str_mv |
An Applied Study: Investigate the relationship of cash flows, capital expenditure and the ratio of shares issued according to the price coefficient (Case Study: Companies accepted in Tehran Stock Exchange) |
title |
An Applied Study: Investigate the relationship of cash flows, capital expenditure and the ratio of shares issued according to the price coefficient (Case Study: Companies accepted in Tehran Stock Exchange) |
spellingShingle |
An Applied Study: Investigate the relationship of cash flows, capital expenditure and the ratio of shares issued according to the price coefficient (Case Study: Companies accepted in Tehran Stock Exchange) Hematfar, Mahmood Cash flows The profitability ratio of the investment Cash capital ratio Price coefficient |
title_short |
An Applied Study: Investigate the relationship of cash flows, capital expenditure and the ratio of shares issued according to the price coefficient (Case Study: Companies accepted in Tehran Stock Exchange) |
title_full |
An Applied Study: Investigate the relationship of cash flows, capital expenditure and the ratio of shares issued according to the price coefficient (Case Study: Companies accepted in Tehran Stock Exchange) |
title_fullStr |
An Applied Study: Investigate the relationship of cash flows, capital expenditure and the ratio of shares issued according to the price coefficient (Case Study: Companies accepted in Tehran Stock Exchange) |
title_full_unstemmed |
An Applied Study: Investigate the relationship of cash flows, capital expenditure and the ratio of shares issued according to the price coefficient (Case Study: Companies accepted in Tehran Stock Exchange) |
title_sort |
An Applied Study: Investigate the relationship of cash flows, capital expenditure and the ratio of shares issued according to the price coefficient (Case Study: Companies accepted in Tehran Stock Exchange) |
author |
Hematfar, Mahmood |
author_facet |
Hematfar, Mahmood |
author_role |
author |
dc.contributor.author.fl_str_mv |
Hematfar, Mahmood |
dc.subject.por.fl_str_mv |
Cash flows The profitability ratio of the investment Cash capital ratio Price coefficient |
topic |
Cash flows The profitability ratio of the investment Cash capital ratio Price coefficient |
description |
The interests of an investor in an enterprise include: Future earnings, future cash flows and paying future cash dividends, Investing in these interests is demanded by investors and awareness of both the profit and future cash flows draws more attention. The purpose of this study is to investigate the effect of cash flows, capital expenditures and stocks on the price coefficient. This research is an applied research in terms of purpose it also falls into the descriptive-correlational research group in terms of inferring research hypotheses, combined regression models and panel data were used to test the hypotheses, multivariate linear regression test (year-company) was used to test the hypotheses. It is a library and analytical-scientific study based on panel data analysis (panel data). After collecting the required information from the companies involved, the research hypotheses were analyzed using correlation and regression analysis and data analysis panel method, initially, preliminary calculations were performed in Excel software and the data was prepared for analysis, then 10 E views software was used to perform the final analysis. In this study, financial information of 101 companies listed in Tehran Stock Exchange during the period 1391 to 1396 (660 companies - year) was reviewed. Based on the analysis carried out to confirm the first hypothesis of the study, we concluded that: There is a significant and direct relationship between cash flows and capital expenditures of companies with respect to the price coefficient of each share. We also concluded that, in support of the second research hypothesis: There is a significant and direct relationship between the ratio of issued stocks and the accumulated cash flows of companies according to the price coefficient. |
publishDate |
2022 |
dc.date.none.fl_str_mv |
2022-08-01 |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
https://periodicos.ufsm.br/reget/article/view/40313 10.5902/2236117040313 |
url |
https://periodicos.ufsm.br/reget/article/view/40313 |
identifier_str_mv |
10.5902/2236117040313 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
https://periodicos.ufsm.br/reget/article/view/40313/pdf https://periodicos.ufsm.br/reget/article/view/40313/html |
dc.rights.driver.fl_str_mv |
Copyright (c) 2020 Revista Eletrônica em Gestão, Educação e Tecnologia Ambiental http://creativecommons.org/licenses/by-nc-sa/4.0 info:eu-repo/semantics/openAccess |
rights_invalid_str_mv |
Copyright (c) 2020 Revista Eletrônica em Gestão, Educação e Tecnologia Ambiental http://creativecommons.org/licenses/by-nc-sa/4.0 |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf text/html |
dc.publisher.none.fl_str_mv |
Universidade Federal de Santa Maria |
publisher.none.fl_str_mv |
Universidade Federal de Santa Maria |
dc.source.none.fl_str_mv |
Revista Eletrônica em Gestão, Educação e Tecnologia Ambiental; REGET 2020-1; e24 Revista Eletrônica em Gestão, Educação e Tecnologia Ambiental; REGET, v. 24, 2020. Publicação Contínua; e24 2236-1170 2236-1170 reponame:Revista Eletrônica em Gestão Educação e Tecnologia Ambiental (REGET) instname:Universidade Federal de Santa Maria (UFSM) instacron:UFSM |
instname_str |
Universidade Federal de Santa Maria (UFSM) |
instacron_str |
UFSM |
institution |
UFSM |
reponame_str |
Revista Eletrônica em Gestão Educação e Tecnologia Ambiental (REGET) |
collection |
Revista Eletrônica em Gestão Educação e Tecnologia Ambiental (REGET) |
repository.name.fl_str_mv |
Revista Eletrônica em Gestão Educação e Tecnologia Ambiental (REGET) - Universidade Federal de Santa Maria (UFSM) |
repository.mail.fl_str_mv |
marcelobdarosa@gmail.com||reget.ufsm@gmail.com |
_version_ |
1799950577537384448 |