Comparing linear versus non-linear relationships between accounting variables and stock return of accepted chemical industrial companies in Tehran’s stock exchange

Journal Title: International Research Journal of Applied and Basic Sciences - Year 2013, Vol 6, Issue 3

Abstract

The present research is concerned with comparing linear versus non-linear relationships between accounting variables and stock return of accepted chemical industrial companies in Tehran’s stock exchange in 2006-2011. According to research objective which tends to evaluate the relationships between variables by using factual information, the research is an applied-typed research, and its method is a descriptive method which derives from a correlation-typed research. Additionally, regression analysis has been applied for test of relationships between variables and estimated Sig linear versus non-linear models. In this direction, statistical tests F & T are used for research hypotheses test. In this research, the relationships between changes of operational profit, net profit and cash flows obtained from operations and stock return of Sig or non-Sig chemical industrial companies considering relationships between variables is tested. The number of regression models which are tested to study Sig relationships between independent and dependent variables estimated is 10. Also, all regression models are estimated in two ways: y intercept and non-y intercept.

Authors and Affiliations

Sayed Sajad Mousavi motahar| Accounting Department Lecturer of Payam Noor University ,Po Box 19395-3697 Tehran, I . R of IRAN, email: sajadmosavi44@yahoo.com, Ali Reza Zamaniyan| Accounting Department Lecturer of Payam Noor University ,Po Box 19395-3697 Tehran, I . R of IRAN

Keywords

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  • EP ID EP6134
  • DOI -
  • Views 325
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How To Cite

Sayed Sajad Mousavi motahar, Ali Reza Zamaniyan (2013). Comparing linear versus non-linear relationships between accounting variables and stock return of accepted chemical industrial companies in Tehran’s stock exchange. International Research Journal of Applied and Basic Sciences, 6(3), 345-352. https://europub.co.uk/articles/-A-6134