The sensitivity of investment to cash flow impact of the investment opportunities in companies listed in Tehran Stock Exchange
Khalil Abbasi Musloo,
Management, Islamic Azad University, Firuz Abad Branch, Firuz Abad, Iran, kh.abbasimo@gmail.com
Mohammad Hossein Parhoon,
Management Group, Islamic Azad University, Firuz Abad Branch, Firuz Abad, Iran
Abstract
This study investigates the effect of investment opportunities and investment sensitivity to cash flows in co-pays listed in the Tehran Stock Exchange. Previous research in this area shows that investment opportunities, and affects the sensitivity of investment to cash flows. Tehran 1393-1389V in the time domain using the software brings new 3 were extracted. The results of the research showed that investment opportunities and cash flows of the sensitivity of investment firms listed in the Tehran Stock Exchange is a significant and positive impact on cash flows and, secondly, the sensitivity of investment in companies with higher investment, less than firms with lower investment opportunities.
Keywords : cash flows, company size, financing, investment opportunities, sensitivity of investment
Pour citer cet article
Khalil Abbasi Musloo & Mohammad Hossein Parhoon, «The sensitivity of investment to cash flow impact of the investment opportunities in companies listed in Tehran Stock Exchange», Bulletin de la Société Royale des Sciences de Liège [En ligne], Volume 86 - Année 2017, Special issue, 615 - 628 URL : http://popups.ulg.be/0037-9565/index.php?id=6928.