The Patternnology of Change Rate for Economic Added Value

Document Type : Research

Authors

1 Associate Professor, Shahid Beheshti University.

2 MA Student, Shahid Beheshti University

3 MSc., Shaheid University

Abstract

     This study seeks to answer this question that is Economic Value Added Momentum (EVAM) more highly associated with Tehran Stock Exchange firm values than with accounting ratios. The purpose of this study is to provide empirical evidence on the information content of EVAM and accounting ratios (ROA, ROE, ROS, EPS, SGR and MS). So that 150 firms (600 firm-years) listed in Tehran Stock Exchange from 1386 to 1389 were studied. Regression analysis indicates that MS are better than other accounting ratios and EVAM in explaining the market value (Market Capitalization and Total Capitalization) Tehran Stock Exchange firms, It also ROE don’t has significant effect on the market value.

Keywords

References

 
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Journal of Strategic Management Studies
Volume 4, Issue 15
December 2013
Pages 115-129

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History

  • Receive Date: 10 September 2013
  • Revise Date: 13 June 2019
  • Accept Date: 02 November 2013

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