The role of Liability Leverage on Return

Sedigheh Tootian Esfahani¹ Mahdi Yasur²

1) Ph.D Assistant professor of Department of Accounting, College of Humanities, Tehran East Branch, Islamic Azad University, Tehran,
2) MA student of Accounting, College of Humanities, Damghan Branch, Islamic Azad University, Damghan, Iran

IOI Code : XYAC-ZCAEF
Publication : 3rd.International Conference on Modern Research’s in Management,Economics & Accounting(3meaconf.com)
Abstract :
    This can be done through liabilities or distribution of stocks. In the study, operational liabilities as a crucial means of financing were investigated in terms of their future return in 110 stockholder companies confirmed by Tehran Stock Exchange during 2008 to 2013. Methodology was a descriptive one based on regression analysis through compound data. Findings showed that there was significant relationship between operating liability leverage, Contractual Operating liability leverage and future return of companies’ stockholders. Further, overall lever leads to a balance between lever of operational liability and future return of shareholders. Besides filling the gap in this field, implications of the study would be efficient for managers and investors too

Keywords : ( lability leverage) (stock exchange) ( future return)