|
|
 |
Search published articles |
 |
|
Showing 3 results for Investment Sensitivity
Seyed Hamed Naghibi Esfahani, Mohammad Reza Abdoli, year 10, Issue 40 (3-2019)
Abstract
Abstract:
In the present study, managerial sentiment refers to the pleasant and optimistic feeling of the managers and decision makers in the companies. Optimism can be considered a spiritual state showing ones hope for the future. Talking about a company, it is the manger’s hope for future of the company. Accordingly, the present study examines effects of the managerial optimism on the relationship between investment and cash flow in the company, as well as the moderating effect of financial constraints on this relationship. To do so, we used data of 150 companies listed in Tehran Stock Exchange from 2011 to 2015, multiple regression, as well as panel data model. The results suggested that the manager’s optimism cannot have a significant effect on the investment-cash flow relationship; and the financial constraint enhances and signifies the effect of manager’s optimism on the investment-cash flow relationship.
Fatemeh Modanloo, Arash Naderian, , , year 12, Issue 45 (7-2020)
Abstract
Abstract
The purpose of this study was to investigate the relationship between free cash flow and investment sensitivity and the role of moderating the cost of representation in companies admitted to the Tehran Stock Exchange. For this purpose, a sample of 106 companies from listed companies in Tehran Stock Exchange has been selected and, by collecting research data from 2007 to 2016, examined the relationship between free cash flow and the sensitivity of capital And moderating role of representation costs.Data were analyzed using linear regression and logistic statistical techniques. The results of the research show that at the expense of representation, by using the Controller's Controller's Convergence Divergence Index (C/O), the relationship between free cash flow and investment sensitivity is negatively correlated, and in companies that are expected to incur more representation costs, the effect The sensitivity of the investment is higher than the higher free flow of funds approved by the OREC for the cost of the deal.
Hamidreza Ganji , year 15, Issue 60 (9-2023)
Abstract
The main purpose of this research is to investigate the relationship between the comparability of financial statements and the sensitivity of investment to cash flow, emphasizing the role of managers' ability. The current research is practical in terms of purpose and correlational in nature. Multiple linear regression method based on panel data was used to test the research hypotheses. The statistical population includes 142 companies during the years 2016 to 2022. The research results showed that there is a positive and significant relationship between the comparability of financial statements and the sensitivity of investment to cash flows. In other words, in companies with higher comparability of financial statements, investment sensitivity to cash flows is higher. Also, the findings of the research showed that the manager's ability increases relationship the comparability of financial statements and the sensitivity of investment to cash flows.
|
|