The Effect of Capital Structure and Macroeconomic Factors on Financial Performance and Values of Companies Listed in TSE

In recent years, the discussion of capital structure and the mechanism of the impact of this structure and macroeconomic factors on the financial performance of companies between different countries has been raised. Changes in the growth rate of business as well as the results of it are the basis of many decisions inside and outside the company. Considering the position of the stock exchange in our country's financial system, the efficiency and development of the capital market depends on the activity of the institution in the country. The statistical population of this study is all the companies that have been accepted in Tehran Stock Exchange, which is the data of 110 companies complete in the years 1392 to 1396 as a statistical sample for testing the research hypotheses. The research method was descriptive-correlational in terms of collecting data and in terms of its purpose and its subsequent orientation. For classification and analysis of data, Excel and Eviews 7 have been used. Data analysis with multiple regression analysis. The research findings show that capital structure (long-term debt and short-term debt) has a negative and significant financial performance, and macroeconomic performance metrics (exchange rate, interest rate and inflation ) has a positive and significant relationship with financial performance (ROA