DOI: https://doi.org/10.32461/2226-3209.1.2018.178824

THE EFFECT OF FINANCIAL STRUCTURE ON THE RELATIONSHIP BETWEEN INCOME VARIATION AND EFFICIENCY OF BANKS ACCEPTED IN TEHRAN STOCK EXCHANGE

Hamid Reza Khonakdar, Pedram Tajer Mashayi, Asghar Tirgardoun, Mahyar Kazemi

Abstract


Abstract. The purpose of this study was to investigate the effect of financial structure on the relationship between income variation and efficiency of banks accepted in Tehran Stock Exchange. This research is descriptive-correlative method and is of applied research type. The statistical population of the study is all banks accepted in the Tehran Stock Exchange during the years 2012 to 2016, in which 15 banks have been active throughout the entire period of the research in the stock market. The research data were extracted from financial statements of banks and analyzed using regression models using combination data. The research findings showed that there was a significant and inverse relationship between income
variation and bank efficiency, while the capital structure of banks did not have a significant effect on this relationship.
Keywords: Financial Structure, Income Variation, Efficiency.


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