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Information Asymmetry and Financing Decisions: Evidence from Iran Stock Exchange

Author

Listed:
  • Mehdi Elhaei Sahar

    () (Islamic Azad University)

  • Seyed Ali Vaez

    (Shahid Chamran University)

Abstract

This study aims to investigate the relations of information asymmetry and financing decisions in Tehran Stock Exchange (TSE) during 2009 to 2011. Our statistical simple consist 170 firms and stepwise regression method has been used. We found that the relationship between information asymmetry and stock issuing is negative. Other results refer to positive relation between financing deficit and stock issuing.

Suggested Citation

  • Mehdi Elhaei Sahar & Seyed Ali Vaez, 2013. "Information Asymmetry and Financing Decisions: Evidence from Iran Stock Exchange," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 3(3), pages 105-110, July.
  • Handle: RePEc:hur:ijaraf:v:3:y:2013:i:3:p:105-110
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    References listed on IDEAS

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