How to cite this paper
Esfahani, K & Ghasanfarymojarad, M. (2013). A study on the relationship between capital structure and the performance of production market: A case study of firms listed on Tehran Stock Exchange.Management Science Letters , 3(4), 1297-1306.
Refrences
Namazi, Mohammad & Shirzadeh. (Winter 2005). A Study of the Relation between Capital Structure
and Return on Assets of the Companies listed on Tehran Stock Exchange. Journal of Accounting
and Auditing Studies, 42, 75 – 95.
Yazdani, N. (1991). A Study of the Factors Effective and Decisive in the Financial Structure of the
Companies listed on Tehran Stock Exchange. Unpublished Master Dissertation in the Field of
Business Management submitted to the University of Isfahan.
Bolton, P., & Scharfstein, D.S. (1990) A theory of predation based on agency problems in financial
contracting. American Economic Review, 80(1), 93–106.
Brander, J.A., & Lewis, T.R. (1986) Oligopoly and financial structure: the limited liability effect.
American Economic Review, 76(5), 956–970.
Campello, M. (2003) Capital structure and product markets interactions: evidence from business
cycles. Journal of Financial Economic, 68, 353–378.
Campello, M. (2006). Debt financing: does it boost or hurt firm performance in product markets?
Journal of Financial Economic, 82, 135–172.
Campello, M. (2007). Asset tangibility and firm performance under external financing: evidence from
product markets (FEN Working Paper). Available at SSRN: http:www.ssrn.com.abstract=971170.
Chen, S.S., Chung, T.Y., Ho, K.W., & Lee, C.F. (2007). Intra-Industry Effects of Delayed New
Product Introductions. Review of Pacific Basin Financial Markets and Policies, 10(3), 415–443.
Chevalier, J.A. (1995a). Capital structure and product-market competition: empirical evidence from
thesupermarket industry. American Economic Review, 85(3), 415–435.
Chevalier, J.A. (1995b). Do LBO supermarkets charge more? An empirical analysis of the effects of
LBOs onsupermarket pricing. Journal of Finance, 50(4), 1095–1112.
Glazer, J. (1994). The strategic effects of long-term debt in imperfect competition. Journal of
Economic Theory, 62, 428–443.
Istaitieh, A., & Rodriguez, J.M. (2002). Stakeholder theory, market structure, and firm’s capital
structure: An empirical evidence (FEN Working Paper). Available at SSRN:
http:..ssrn.com.abstract=413661.
Istaitieh, A., & Rodriguez, J.M. (2003). Financial leverage interaction with firm’s strategic behaviour:
an empirical analysis (FEN Working Paper). EFMA 2003 Helsinki Meetings. Available at SSRN:
http:..ssrn.com.abstract=393220.
Kovenock, D., & Phillips, G.M. (1995). Capital structure and product-market rivalry: how do we
reconcile theory and evidence? American Economic Review, 85(2), 403–408.
Kovenock, D., & Phillips, G.M. (1997). Capital structure and product market behaviour: an
examination of plant exit and investment decisions. Review of Financial Studies, 10(3), 767–803.
Low, P. Y., & Chen, K. H. (2004). Diversification and capital structure: Some international
evidence. Review of Quantitative Finance and Accounting, 23(1), 55-71.
Opler, T.C., & Titman, S. (1994) Financial distress and corporate performance. Journal of Finance,
49(3), 1015–1040.
Phillips, G.M. (1995). Increased debt and industry product markets: an empirical analysis. Journal of
Financial Economics, 37, 189–238.
Titman, S., & Wessels, R. (1988). The determinants of capital structure choice. Journal of Finance,
43(1), 1–19.
Zingales, L. (1998). Survival of the fittest or the fattest? Exit and financing in the trucking industry.
Journal of Finance, 53(3), 905–938.
and Return on Assets of the Companies listed on Tehran Stock Exchange. Journal of Accounting
and Auditing Studies, 42, 75 – 95.
Yazdani, N. (1991). A Study of the Factors Effective and Decisive in the Financial Structure of the
Companies listed on Tehran Stock Exchange. Unpublished Master Dissertation in the Field of
Business Management submitted to the University of Isfahan.
Bolton, P., & Scharfstein, D.S. (1990) A theory of predation based on agency problems in financial
contracting. American Economic Review, 80(1), 93–106.
Brander, J.A., & Lewis, T.R. (1986) Oligopoly and financial structure: the limited liability effect.
American Economic Review, 76(5), 956–970.
Campello, M. (2003) Capital structure and product markets interactions: evidence from business
cycles. Journal of Financial Economic, 68, 353–378.
Campello, M. (2006). Debt financing: does it boost or hurt firm performance in product markets?
Journal of Financial Economic, 82, 135–172.
Campello, M. (2007). Asset tangibility and firm performance under external financing: evidence from
product markets (FEN Working Paper). Available at SSRN: http:www.ssrn.com.abstract=971170.
Chen, S.S., Chung, T.Y., Ho, K.W., & Lee, C.F. (2007). Intra-Industry Effects of Delayed New
Product Introductions. Review of Pacific Basin Financial Markets and Policies, 10(3), 415–443.
Chevalier, J.A. (1995a). Capital structure and product-market competition: empirical evidence from
thesupermarket industry. American Economic Review, 85(3), 415–435.
Chevalier, J.A. (1995b). Do LBO supermarkets charge more? An empirical analysis of the effects of
LBOs onsupermarket pricing. Journal of Finance, 50(4), 1095–1112.
Glazer, J. (1994). The strategic effects of long-term debt in imperfect competition. Journal of
Economic Theory, 62, 428–443.
Istaitieh, A., & Rodriguez, J.M. (2002). Stakeholder theory, market structure, and firm’s capital
structure: An empirical evidence (FEN Working Paper). Available at SSRN:
http:..ssrn.com.abstract=413661.
Istaitieh, A., & Rodriguez, J.M. (2003). Financial leverage interaction with firm’s strategic behaviour:
an empirical analysis (FEN Working Paper). EFMA 2003 Helsinki Meetings. Available at SSRN:
http:..ssrn.com.abstract=393220.
Kovenock, D., & Phillips, G.M. (1995). Capital structure and product-market rivalry: how do we
reconcile theory and evidence? American Economic Review, 85(2), 403–408.
Kovenock, D., & Phillips, G.M. (1997). Capital structure and product market behaviour: an
examination of plant exit and investment decisions. Review of Financial Studies, 10(3), 767–803.
Low, P. Y., & Chen, K. H. (2004). Diversification and capital structure: Some international
evidence. Review of Quantitative Finance and Accounting, 23(1), 55-71.
Opler, T.C., & Titman, S. (1994) Financial distress and corporate performance. Journal of Finance,
49(3), 1015–1040.
Phillips, G.M. (1995). Increased debt and industry product markets: an empirical analysis. Journal of
Financial Economics, 37, 189–238.
Titman, S., & Wessels, R. (1988). The determinants of capital structure choice. Journal of Finance,
43(1), 1–19.
Zingales, L. (1998). Survival of the fittest or the fattest? Exit and financing in the trucking industry.
Journal of Finance, 53(3), 905–938.