Evaluation of the Relationship between Investment and Stock Liquidity of Listed Companies in Tehran Stock Exchange
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One of the most challenging issues of the current age is the issue of economic development, so that its realization has become one of the main economic and political goals of the countries. Investment is one of the factors influencing sustainable economic growth and development. In fact, investment is one of the most important economic variables, discussed as a major issue. Investment is an activity in the form of using funds, which can create a profitable future. In this study, the relationship between investment and stocks liquidity of listed companies in Tehran Stock Exchange was evaluated. In this regard, the effects of investment, company size, stocks price, daily profit volume, annual profit volume and the annual financial balance on the stocks liquidity was evaluated.
In order to answer the research questions, six hypotheses were developed and the statistical population included 75 listed companies in the Tehran Stock Exchange during the five-year period of 2011-2016. They were selected and tested using systematic elimination method. Data were collected using Excel software and analyzed using EVIEWS software. The results of the research indicate that the rate of investment, company size, stock price, daily profit volume, annual volume of profit and annual financial balance affect the stocks liquidity of companies.
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