Functioning of the Management Pattern, Asset- Debt, on the Understanding of the Relationship between Risk and Returns, Liquidity

Subject Areas : Financial engineering

Robabeh Bahramian ¹ (Department of Financial Management, Central Tehran Branch, Islamic Azad University, Tehran, Iran)
Fraydoun Rahnamay Roodposhti ² (Department of Financial Management, Science and Research Branch, Islamic Azad University, Tehran, Iran)
Mehdi Madanchi zaj ³ (Department of Financial Management, Electronic Branch, Islamic Azad University, Tehran, Iran)

Received: 2019-05-26 Accepted : 2019-07-08 Published : 2019-09-23

Keywords: Liquidity Risk, Rate of Return, Company Liquidity Risk, Debt Asset,

Abstract :

In the investment culture, there is a consistent principle that capital is risky and risky and tends towards profitability. This study examines the efficiency and risk taking into account liquidity variables and liquidity risk based on the function of debt management model for the period 1391-1396. The purpose of this research is to use the target and the dimension of the correlation of the time series and the information gathering using library studies. Using the secondary data extracted from the financial statements of the company's investment financing specialist holdings Analyzes the correlation relationship. The statistical population of this research is the specialized housings of social security investment company (SHASTA). The researcher selected all members of the community for sampling, and the collected observations. Data analysis was performed using the multivariate regression model presented in the study using Eviews software. The findings showed that liquidity had a negative and significant effect on returns. Also, liquidity risk of the company and liquidity risk of the market have a significant relationship with the return on debt assets.