Investigating the effect of export on the liquidity of the companies accepted in Tehran Stock Exchange

Abstract

The purpose of business is to increase shareholder wealth. So it is very important to provide the expected returns. Therefore, investors choose companies that have a high degree of liquidity. Export is one of the factors that by sales development, in addition to increasing revenue, raise the company liquidity and profitability. This study sought to answer the question: “Does export influence on companies’ liquidities?” Therefore, efforts are being made to provide a model for testing export effect on liquidity and significant relationship between them. For this case, panel data of 70 companies accepted in Tehran Stock Exchange in 8 years by using of regression analysis and Least Square test and also by using of Eviews 8 software Studied and tested. The results show a significant positive correlation between exports and liquidity