International Academic Journal of Business Management

Impact of Information Asymmetry on Investment Cost with Considering the Company Size and Financial Leverage in Corporations of Accepted in Tehran Stock Exchange

Nader Asadbakhti and Ataollah Mohamadi Malgharni

Abstract: The purpose of this study is investigating the Relationship between Information Asymmetry and Investment Cost with Considering the Company Size and Financial Leverage in Corporations of Accepted in Tehran Stock Exchange in during years of 2009-2014. This study in terms of purpose is applied research. Regarding the method of inference, this research is Descriptive – Correlational research. Regarding the type of study design, current research is (causal-comparative) Ex-Post Facto Research and regarding the affection between variables, it is correlational Research. Statistical population in current study is all Corporations of Accepted in Tehran Stock Exchange during years of 2009-2014; the sample size is 108 companies. The results of this research show that Information Asymmetry has a positive effect on Investment Cost with Considering the Company Size and Financial Leverage in Corporations of Accepted in Tehran Stock Exchange.

Keywords: Investment Cost, Tehran Stock Exchange, Company Size, Information Asymmetry, Financial Leverage.

Page: 127-135

Volume 1, Issue 1, 2014