In this article, the relationship between the external financing methods with the future financial operation during the years 1380-1390 will be discussed.
Performance evaluation by use of the accounting and market values approach has been used.
The statistic model which used for testing hypothesis is the Multivariate regression.
Basically six hypotheses about the relationship between external financing methods and performance evaluation criteria have been developed based on the type of industry.
Independent variables are included: 1) financing through borrowing, and 2) financing through the share and Equity
Dependent variables are included: 1) the ratio of price to income 2) the ratio of price to book value per share 3) the Kyotobin ratio
The results of hypothesis show and state that financing with both of two methods and approach has Significant and indirect relation with ratio of price to income in the next year but financing through the borrowing has Significant and direct relation with the ratio of price to book value per share and the Kyotobin ratio in the next year and finally the financing through the share and Equity has no Significant relation with the Kyotobin ratio in the next year
Hajimolla Mirzaie, H., Yavari, A., & Gholami, M. (2015). The relationship between the external financing methods with the future financial operation. Accounting and Auditing Research, 7(25), 42-57. doi: 10.22034/iaar.2015.103916
MLA
Hamid Hajimolla Mirzaie; Ali Yavari; Marefat Gholami. "The relationship between the external financing methods with the future financial operation". Accounting and Auditing Research, 7, 25, 2015, 42-57. doi: 10.22034/iaar.2015.103916
HARVARD
Hajimolla Mirzaie, H., Yavari, A., Gholami, M. (2015). 'The relationship between the external financing methods with the future financial operation', Accounting and Auditing Research, 7(25), pp. 42-57. doi: 10.22034/iaar.2015.103916
VANCOUVER
Hajimolla Mirzaie, H., Yavari, A., Gholami, M. The relationship between the external financing methods with the future financial operation. Accounting and Auditing Research, 2015; 7(25): 42-57. doi: 10.22034/iaar.2015.103916