Investigating the Effect of Profitability and Operating Cash Flow on Trademarks Value
Journal Title: Advances in Mathematical Finance and Applications - Year 2017, Vol 2, Issue 4
Abstract
In the recent years, intangible assets and corporate brand have found a significant importance for corporates. These assets are accounted as essential for value making and even stabilizing the continuation of corporate trend. The purpose of the present study is to investigate the effect of profitability and operating cash flow on trademarks value in accepted corporate in Tehran stock exchange. The data were obtained from a sample of 76 different corporates from 2010 to 2015. The data were analysed using the least regular squares regression and integrated method. Considering the lack reassessment of assets in corporates and the effect of financial statement articles, to avoid the probable false distance between market value and stock book value per share (as assessment index of trademark) stock book value per share has been modified using annual inflation rate. Findings, both before and after modification of commercial values by annual inflation rate showed there was a positive and significant relationship between profitability and operating cash flow and trademarks value in the corporates studied.
Authors and Affiliations
Allah karam Salehi, Fazel Tamoradi
Keywords
Related Articles
- EP ID EP476040
- DOI 10.22034/AMFA.2017.536265
- Views 47
- Downloads 0
The Effect of Financial Distress on the Investment Behavior of Companies Listed on Tehran Stock Exchange
The purpose of this study was to determine the effect of financial distress on investment behavior for the years of 2011 to 2016. The statistical population of the research is Tehran Stock Exchange. According to the syst...
The Effect of the Sale of the Company to Disclose Bad News for Companies at Different Levels of Activity Ratios
Companies must publish financial reports on time. When market information is more important and this information is used to shape more effective decision-making. Although most companies, financial reports required by the...
Effective strategies for the establishment of integration model for succession planning and career progression path of iranian azad universities administrators (Qualitative Research Based Grounded Theory Approach)
This research was done to provide effective strategies for the establishment of integration model for succession planning and career progression path of azad universities administrators from the perspective of higher edu...
Investigating the Effect of Internal Rate of Return on Cash Re-cycling on the Abnormal Returns of Companies Accepted in Tehran Stock Exchange
Return on investment is a driving force that motivates and is a reward for investors. Investment returns are important for investors, in order for the entire investment game to be realized. Evaluating efficiency is the o...
The Moderating Role of Firms characteristics on the Relationship between Working Capital Management and Financial Performance
Optimal working capital management can positively effect on the Firm performance, but this relationship can be affected by major characteristics of the firm, making an important subject for research. This research invest...