Document Type : Original Research
Authors
1 MSc of Accounting, Faculty of Management & Economics, Tarbiat Modares University (TMU), Tehran, Iran
2 Assistant Prof., Faculty of Management & Economics, Tarbiat Modares University (TMU), Tehran, Iran
Abstract
This study investigated the relationship between capital structure and firm performance in firms operating on the Tehran Stock Exchange (TSE). Capital structure was measured by debt leverage. Firm performance was measured using the Tobin’s Q. The sample size was 100 companies operating on the exchange during 2008-2013. The results showed a significant positive relationship between capital structure and firm performance.
Keywords