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The Effect of Environmental Performance of Companies Listed on Tehran Stock Exchange on Debt Ratio

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  • Goran Karimi

    (Graduated from the Department of Financial Management, Islamic Azad University of Mahabad, Iran)

Abstract

The environmental performance of companies plays an important role in the process of corporate development. Because environmental issues reduce environmental costs associated with pollution. Therefore, in the present study, the effect of stock market liquidity on the liquidity of banks listed in Tehran Stock Exchange was investigated. The purpose of the study is applied studies and the research method is descriptive-analytical. From all listed companies in Tehran Stock Exchange due to inclusion criteria during the years 2010 to 1977, were selected by systematic elimination method. The results show that the environmental performance of listed companies has a positive and significant effect on the debt ratio.

Suggested Citation

  • Goran Karimi, 2020. "The Effect of Environmental Performance of Companies Listed on Tehran Stock Exchange on Debt Ratio," European Journal of Studies in Management and Business, EUROKD, vol. 14, pages 25-34.
    • Handle: RePEc:bco:mbrqaa::v:14:y:2020:p:25-34
    DOI: 10.32038/mbrq.2020.14.02
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    References listed on IDEAS

    as
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