An Evaluation of Informational Efficiency of Information and Communication Technology Corporates in Tehran Stock Market: inconsistency with the global trend
The impact of Information and communication technology to increase financial transactions in different fields shows the Positive developments of this industry in Iran. But could the ICT industry also be efficient in the economic capital of the country? Does the industry that appeared with the nature...
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| Format: | Article |
| Language: | fas |
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Islamic Azad University, Tabriz Branch
2013-08-01
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| Series: | مدیریت بهره وری |
| Subjects: | |
| Online Access: | http://jpm.iaut.ac.ir/article_519448_c466b8bbec44b3ed29c6d1aed1e075b9.pdf |
| _version_ | 1818517964987564032 |
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| author | Ali Asghar Anvari Rostamy Seyed sepehr Gazi nore Amir Khorasani |
| author_facet | Ali Asghar Anvari Rostamy Seyed sepehr Gazi nore Amir Khorasani |
| author_sort | Ali Asghar Anvari Rostamy |
| collection | DOAJ |
| description | The impact of Information and communication technology to increase financial transactions in different fields shows the Positive developments of this industry in Iran. But could the ICT industry also be efficient in the economic capital of the country? Does the industry that appeared with the nature of contributing to convey and analyze the information has informational efficiency itself? In this study, the ICT industry in the Tehran Stock Exchange was surveyed to check its informational efficiency. The data and documents related to the profitability of companies in this industry for 6 years were studied quantitatively. A total of eight companies with the nature of ICT were selected. To understand the informational efficiency, runs test have been used with two approaches: runs with change relative to the average. The results showed that the ICT industry in Tehran stock exchange has not even a weak level of informational efficiency. The results are completely inconsistent with other countries and show that Iran's ICT condition needs a fundamental reflection. |
| first_indexed | 2024-12-11T01:03:38Z |
| format | Article |
| id | doaj.art-4549a7cd7f7e4426902f7efabab45691 |
| institution | Directory Open Access Journal |
| issn | 2716-9979 2476-7298 |
| language | fas |
| last_indexed | 2024-12-11T01:03:38Z |
| publishDate | 2013-08-01 |
| publisher | Islamic Azad University, Tabriz Branch |
| record_format | Article |
| series | مدیریت بهره وری |
| spelling | doaj.art-4549a7cd7f7e4426902f7efabab456912022-12-22T01:26:14ZfasIslamic Azad University, Tabriz Branchمدیریت بهره وری2716-99792476-72982013-08-0172(25) تابستان107126519448An Evaluation of Informational Efficiency of Information and Communication Technology Corporates in Tehran Stock Market: inconsistency with the global trendAli Asghar Anvari Rostamy0Seyed sepehr Gazi nore1Amir Khorasani2Academic member (professor) of Tarbiat Modarres University, Tehran, IranAssociate Professor, Tarbiat Modares University, Tehran, IranMaster of Information Technology Management, Tarbiat Modarres University, Tehran, IranThe impact of Information and communication technology to increase financial transactions in different fields shows the Positive developments of this industry in Iran. But could the ICT industry also be efficient in the economic capital of the country? Does the industry that appeared with the nature of contributing to convey and analyze the information has informational efficiency itself? In this study, the ICT industry in the Tehran Stock Exchange was surveyed to check its informational efficiency. The data and documents related to the profitability of companies in this industry for 6 years were studied quantitatively. A total of eight companies with the nature of ICT were selected. To understand the informational efficiency, runs test have been used with two approaches: runs with change relative to the average. The results showed that the ICT industry in Tehran stock exchange has not even a weak level of informational efficiency. The results are completely inconsistent with other countries and show that Iran's ICT condition needs a fundamental reflection.http://jpm.iaut.ac.ir/article_519448_c466b8bbec44b3ed29c6d1aed1e075b9.pdfinformation and communication technologytehran stock marketinformational efficiencyruns test |
| spellingShingle | Ali Asghar Anvari Rostamy Seyed sepehr Gazi nore Amir Khorasani An Evaluation of Informational Efficiency of Information and Communication Technology Corporates in Tehran Stock Market: inconsistency with the global trend مدیریت بهره وری information and communication technology tehran stock market informational efficiency runs test |
| title | An Evaluation of Informational Efficiency of Information and Communication Technology Corporates in Tehran Stock Market: inconsistency with the global trend |
| title_full | An Evaluation of Informational Efficiency of Information and Communication Technology Corporates in Tehran Stock Market: inconsistency with the global trend |
| title_fullStr | An Evaluation of Informational Efficiency of Information and Communication Technology Corporates in Tehran Stock Market: inconsistency with the global trend |
| title_full_unstemmed | An Evaluation of Informational Efficiency of Information and Communication Technology Corporates in Tehran Stock Market: inconsistency with the global trend |
| title_short | An Evaluation of Informational Efficiency of Information and Communication Technology Corporates in Tehran Stock Market: inconsistency with the global trend |
| title_sort | evaluation of informational efficiency of information and communication technology corporates in tehran stock market inconsistency with the global trend |
| topic | information and communication technology tehran stock market informational efficiency runs test |
| url | http://jpm.iaut.ac.ir/article_519448_c466b8bbec44b3ed29c6d1aed1e075b9.pdf |
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