|
Presenting the financial dynamic model in new economic enterprises admitted to the stock exchange with the systems dynamics approach
|
Ramin Kargar1   , Ali Bayat *2 , Ali Mohamadi1 , Mahdi Mohamadi1 |
1- Department of Accounting, Za.C., Islamic Azad University, Zanjan, Iran
2- Department of Accounting, Za.C., Islamic Azad University, Zanjan, Iran , Ali.bayat@iauz.ac.ir |
|
|
Abstract: (17 Views) |
This study examines the application of the systems dynamics modeling approach to analyzing the financial behavior of newly listed companies. Given the complexities of the decision-making environment in these companies, the study aims to provide a comprehensive framework for analyzing the impact of capital accumulation, cash flow, assets, liabilities, profitability, and costs. In this regard, dynamic modeling using simulation software uses real financial data from new companies and analyzes the interactive relationships between variables. By focusing on listed companies and examining their financial growth paths during the first seven years of operation, the present study has attempted to show whether the initial conditions of the financing structure can act as a driver or a hindrance to growth. Correlation analysis revealed that capital and total debt have a strong inverse relationship; an increase in the share of capital is often accompanied by a decrease in dependence on debt. Also, total debt has a significant negative correlation with profitability indicators, which is consistent with the views of the financial literature that debt costs pressure companies' performance. Bank facilities have shown a positive relationship with fixed assets, which can be an indication of the use of bank resources to invest in long-term assets |
Article number: 2 |
| Keywords: system dynamics modeling, startups, financial performance, capital accumulation, cash flows, stock market. |
|
|
Full-Text [PDF 606 kb]
(6 Downloads)
|
Article type: Research |
Subject:
General
Received: 2026/03/27 | Accepted: 2026/07/2 | Published: 2026/11/11
|
|
|
|
|
|
|
| Send email to the article author |
|
|
|
| Add your comments about this article |
|
|
|
