Thesis:

Investigating the impact of economic policy uncertainty on the capital structure policy of companies:EXCHANGE RATE

Abstract: The ability of a company to identify potential domestic and foreign financial resources is considered one of the main factors of its growth and progress. The main goal of companies is to maximize shareholder wealth, while one of the effective factors in this regard is the company's capital structure, which requires the optimal use of financial resources and obtaining returns commensurate with the existing risks. The main goal of this research is to examine the relationship between company characteristics and its capital structure for companies listed on the Tehran Stock Exchange. For this purpose, data related to 103 companies for the period 1397 to 1401 were considered to test the research hypotheses, and the statistical method of "consolidated data" was used to conduct the aforementioned test. The research findings show that all hypotheses have been confirmed. In other words, this indicates that there is a significant relationship between economic policy uncertainty and specific company characteristics with the capital structure policy of companies. Also, considering that the variable of preferential exchange rate control has been added to the model, this variable did not have a significant effect on the capital structure of companies.

Keywords: rate control has been added to the model, this variable did not have a significant effect on the capital