Capital structure, dividend policy and cash reserves are the factors that affect firm value.This study examines the relation of capital structure and dividend policy with cash holdings in the firms listed in Tehran Outdoor Ceiling Light Stock Exchange.The sample includes 90 manufacturing firms listed in Tehran Stock Exchange for the period of 2007-2011.
To estimate the statistical model, panel data regression method has been used.The results show that there is a significant relation of Tortilla Servers capital structure and dividend policy with cash holding in TSE.