The Effect of accounting earnings on stock prices of firms listed in Tehran stock exchange (2009 to 2011 years)
Journal Title: International Research Journal of Applied and Basic Sciences - Year 2014, Vol 8, Issue 12
Abstract
Our investigation sample comprises of data from 44 companies in Iran during the time period of 1388-1390. The dependent variable of the stock price is the variable of accounting profit. Data has been collected from theoretical foundation base from library as a part of test assumption of financial statements and Tehran stock exchange sites. Correlation and regression analysis of data as well as multiple research results show significant positive correlation exists between accounting profit and stock prices.
Authors and Affiliations
Mohammad Ghasemi| Master of Accounting, Department of Accounting, Islamic Azad University, Zahedan Branch, Zahedan, Iran, email: mohamad1353g_gmail.com, Mohammad Sarhadi| Assistant professor department of management,university of sistan and balochestan, Zahedan , Iran.
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