A Study of information asymmetry using Bid-Ask spread on firm value: evidence from Tehran Stock Exchange

Journal Title: International Research Journal of Applied and Basic Sciences - Year 2013, Vol 4, Issue 9

Abstract

The aim of this paper is to analyze and to test the influence of the information asymmetry on firm value. To test the research hypotheses, a sample of 47 companies listed in Tehran Stock period 2007-2012 based on pooled method was taken. In these models fixed effects test is estimated. Inference is based on significant level or p-value, thus likely that less than 0.05 is rejected at the 95 percent confidence level. The results show that the information asymmetry has no effects on firm value.

Authors and Affiliations

FatemehDadbeh *| M.A of Financial management in Tehran University (corresponding author), Mona Abednazari| M.A of Accounting in Tehran University, NarjesMogharebi| M.A of Financial management in Tehran University

Keywords

Related Articles

Principles of disinfecting domestic wastewater for irrigation

In order to remove pathogens from wastewater to be used in agriculture, World Health Organization (WHO) has published a guide book titled “Guidelines for the safe use of wastewater excreta and gray water” in four volumes...

The relationship between organizational culture, organizational commitment of Physical Education Teachers Mazandaran province

This study examined the relationship between organizational culture, organizational commitment of Physical Education Teachers province was conducted. The study population consisted of 120 physical education teachers in s...

The effect of multi-media assignments on the academic achievement of high school students

Objective: This study aimed to multimedia assignments effect on achievement motivation of high school students do. To this end all Forest City Forest City high school students was considered as a population sample volume...

Development modeling of presentable services in rural ICT centers in Qom province, Iran

The overall aim of this study was the development modeling of presentable services in rural ICT centers in Qom province, Iran. To achieve this aim, 101 staffs were selected through stratified random sampling. Research me...

An Investigation of the Role of Renewable Energy in Iran for Climate Change Mitigation

Renewable energy sources play a role in providing energy services in a sustainable manner and, in particular,in mitigating climate change. At the same time our heavy reliance on fossil fuel based energy sources dramatica...

Download PDF file
  • EP ID EP5695
  • DOI -
  • Views 319
  • Downloads 8

How To Cite

FatemehDadbeh *, Mona Abednazari, NarjesMogharebi (2013). A Study of information asymmetry using Bid-Ask spread on firm value: evidence from Tehran Stock Exchange. International Research Journal of Applied and Basic Sciences, 4(9), 2872-2876. https://europub.co.uk/articles/-A-5695