COVID-19 Impact on Firm Investment- Evidence from Firms Listed in Tehran Stock Exchange

Document Type : Research Paper

Authors

1 Assistant Prof. Faculty of Management and Financial Sciences, Department of Accounting, Khatam University, Tehran, Iran.

2 MSc. Student. Faculty of Management and Financial Sciences, Department of Accounting, Khatam University, Tehran, Iran.

10.22051/jera.2024.46189.3201

Abstract

This study aimed to investigate COVID-19's effect on the investments of companies listed on the Tehran Stock Exchange. Descriptive research has two aspects: its purpose and its data collection method. This study's population included all companies on the Tehran Stock Exchange from 2017 to 2022. This period includes 11 seasons of COVID-19 and 11 seasons of normal period. This study used interim financial reporting data. We analyzed it using regression with Stata and E-Views. The test results showed a strong link between COVID-19 and corporate investment. Researchers have studied variables like cash flexibility, life cycle, company size, and ownership structure. The results also showed that the company's ownership and size did not significantly affect its COVID-19 investment. However, the company's life cycle and cash flexibility did have a significant impact on that relationship.

Keywords

Main Subjects


منابع
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