Effect of Profitability Indices on the Capital Structure of Listed Companies in Tehran Stock Exchange

Document Type : Research Paper


Department of Management and Accounting, Islamic Azad University, South Tehran Branch, Tehran, Iran


The main objective of this research is the index of profitability on the capital structure of listed companies on the Stock Exchange of Tehran. Statistical population consisted of all above companies that 138 companies were selected in time zone of 2011-2014 after screening method (systematic elimination). The research method is descriptive and correlation and study variable is profitability index that was tested by statistical techniques. Research findings indicate that there is a significant inverse relationship between indicators of profitability and capital structure. Also, there is a significant inverse relationship between short-term and long-term profitability and debts


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Volume 2, Issue 3
September 2017
Pages 1-11
  • Receive Date: 25 July 2017
  • Revise Date: 20 September 2017
  • Accept Date: 20 September 2017
  • First Publish Date: 20 September 2017