Investigating the Relationship between Accounting Earning and Gross Domestic Product in Companies Listed in Tehran Stock Exchange
Journal Title: Advances in Mathematical Finance and Applications - Year 2016, Vol 1, Issue 1
Abstract
Accounting earning represents the positive performance of companies during their pertinent financial periods, thus it is assumed that accounting earning will be noted by investors, which could contribute to the optimum allocation of resources to successful companies. It can also play a major role in the economic growth and development of a society. This research focuses in the relationship between accounting earning and gross domestic product (GPD). The research population includes all companies listed in Tehran Stock Exchange. Due to the limitations of sample size, 65 companies between 2009 and 2013 were studied. The findings showed that there is a significant relationship between accounting earning and GPD growth rate. A similar relationship was also observed between accounting earning and forecast errors of GPD growth. The control variables including inflation and employment rate had a significant relationship with GPD growth rate and forecast errors of GPD growth.
Authors and Affiliations
Emad Ghajar, Parviz Saeidi
Keywords
Related Articles
- EP ID EP512505
- DOI 10.22034/AMFA.2016.526244
- Views 55
- Downloads 0
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 Effect of Liquidity and Credit Risk on the Relationship be-tween Business Activities and Fluctuations in the Price of all Com-panies Listed on the Tehran Stock Exchange
In this study business operations and liquidity and credit risk on price fluctuations on the stock exchange since 2010 to 2013 has been Tehran distance. The sample consisted of 76 company The systematic elimination metho...
ANN-DEA Approach of Corporate Diversification and Efficiency in Bursa Malaysia
There is little consensus on the corporate diversification-efficiency relationship in the diversification literature. According to the corporate diversification, firms have a tendency to get more market share with divers...
Remuneration of Non-Executive Independent Directors Review the View of Representation Theory
Management is trying to maximize your rewards and that means in terms of net profit, return on investment (performance) or other accounting measures and also by trying to Making positive changes in the prices of corporat...
Fuzzy Data Envelopment Analysis Approach for Ranking of Stocks with an Application to Tehran Stock Exchange
The main goal of this paper is to propose a new approach for efficiency measurement and ranking of stocks. Data envelopment analysis (DEA) is one of the popular and applicable techniques that can be used to reach this go...