عنوان
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Assessing the Effect of Stock Liquidity on Investment in Listed Companies on Tehran Stock Exchange
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نوع پژوهش
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مقاله چاپشده در مجلات علمی
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کلیدواژهها
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the ratio of stock liquidity, investment in fixed assets, the growth rate of inventories, the growth rate of total assets
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چکیده
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Investment liquidity is of considerable importance for investors when selecting an appropriate portfolio. The present study aims to assess the relationship between stock liquidity and investment in listed companies on Tehran Stock Exchange. It is an ex-post facto and analytical research which applied Panel Data analysis of 112 listed companies on Tehran Stock Exchange over a period, extending from 2006 to 2011. Various software programs were utilized in order to analyze the data such as SPSS20, Eviews7, and Minitab16. The achieved findings of this study indicate that there is a significant direct relationship between the ratio of stock liquidity and investment in fixed assets of listed companies. Furthermore, it can be concluded that the ratio of stock liquidity, the growth rate of company’s inventories and the growth rate of total assets are positively and directly associated with each other.
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پژوهشگران
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پرستو صداقت (نفر سوم)، رضا پیرایش (نفر دوم)، مهدی سوار (نفر اول)
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