Since the level of fixed investment is costly for firms, they always search for ways to maintain it; however, financing constraints prevent the realization of this goal. In this article, a panel of over 134 stock firms over the period 2005-2011 was used to study the linkages between investment in fixed and working capital and financing constraints. To this end we have analyzed the relation between investment, cash flow, tangible fixed assets, working capital, and fixed investment. The results obtained indicate that an active management of working capital may help firms alleviate the effects of financing constraints on fixed investment. Nevertheless, they did not examine the input of working capital management of the company.
| Published in | International Journal of Economics, Finance and Management Sciences (Volume 1, Issue 5) |
| DOI | 10.11648/j.ijefm.20130105.17 |
| Page(s) | 252-257 |
| Creative Commons |
This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited. |
| Copyright |
Copyright © The Author(s), 2013. Published by Science Publishing Group |
Investment, Cash Flow, Tangible Fixed Assets, Fixed Investment, Working Capital Management
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APA Style
Hossein Hossein, Fatemeh Baghiyan. (2013). Investment and Financing Constraints in Iran. International Journal of Economics, Finance and Management Sciences, 1(5), 252-257. https://doi.org/10.11648/j.ijefm.20130105.17
ACS Style
Hossein Hossein; Fatemeh Baghiyan. Investment and Financing Constraints in Iran. Int. J. Econ. Finance Manag. Sci. 2013, 1(5), 252-257. doi: 10.11648/j.ijefm.20130105.17
AMA Style
Hossein Hossein, Fatemeh Baghiyan. Investment and Financing Constraints in Iran. Int J Econ Finance Manag Sci. 2013;1(5):252-257. doi: 10.11648/j.ijefm.20130105.17
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Download@article{10.11648/j.ijefm.20130105.17,
author = {Hossein Hossein and Fatemeh Baghiyan},
title = {Investment and Financing Constraints in Iran},
journal = {International Journal of Economics, Finance and Management Sciences},
volume = {1},
number = {5},
pages = {252-257},
doi = {10.11648/j.ijefm.20130105.17},
url = {https://doi.org/10.11648/j.ijefm.20130105.17},
eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijefm.20130105.17},
abstract = {Since the level of fixed investment is costly for firms, they always search for ways to maintain it; however, financing constraints prevent the realization of this goal. In this article, a panel of over 134 stock firms over the period 2005-2011 was used to study the linkages between investment in fixed and working capital and financing constraints. To this end we have analyzed the relation between investment, cash flow, tangible fixed assets, working capital, and fixed investment. The results obtained indicate that an active management of working capital may help firms alleviate the effects of financing constraints on fixed investment. Nevertheless, they did not examine the input of working capital management of the company.},
year = {2013}
}
TY - JOUR T1 - Investment and Financing Constraints in Iran AU - Hossein Hossein AU - Fatemeh Baghiyan Y1 - 2013/09/30 PY - 2013 N1 - https://doi.org/10.11648/j.ijefm.20130105.17 DO - 10.11648/j.ijefm.20130105.17 T2 - International Journal of Economics, Finance and Management Sciences JF - International Journal of Economics, Finance and Management Sciences JO - International Journal of Economics, Finance and Management Sciences SP - 252 EP - 257 PB - Science Publishing Group SN - 2326-9561 UR - https://doi.org/10.11648/j.ijefm.20130105.17 AB - Since the level of fixed investment is costly for firms, they always search for ways to maintain it; however, financing constraints prevent the realization of this goal. In this article, a panel of over 134 stock firms over the period 2005-2011 was used to study the linkages between investment in fixed and working capital and financing constraints. To this end we have analyzed the relation between investment, cash flow, tangible fixed assets, working capital, and fixed investment. The results obtained indicate that an active management of working capital may help firms alleviate the effects of financing constraints on fixed investment. Nevertheless, they did not examine the input of working capital management of the company. VL - 1 IS - 5 ER -
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