The Impact of Corporate Life Cycle on Behavior and Cost of Financing in Small and Medium Enterprises Listed in Tehran Stock Exchange

Nowadays, one of the constant concerns of companies is the proper financing of the company and with the growth and development of financial science and designing all kinds of financing instruments in the world to finance the companies, the companies to finance themselves with There are a multitude of financing instruments, methods, and contracts, and many issues affect their financing behavior and behavior. The life cycle is one of the most important factors that determine the behavioral characteristics of a company and affect the structure of its resources, capabilities and capabilities. In this study, we examined the impact of corporate life cycle on the behavior and cost of financing in small and medium-sized companies listed in Tehran Stock Exchange. For this purpose, 64 companies listed in Tehran Stock Exchange during 2010-2010 were selected. The sampling method was based on systematic removal. The financial statements included in the new approach software were used for data collection. Then, according to the defined regression model, the relationships between variables were tested. The results of the research hypotheses showed that the life cycle of the company has a significant impact on the financing of corporate debt. Also the life cycle of the company has no significant effect on the cost of financing the companies.