The effects of book value, net earnings and cash flow on stock price
During the past few years, there have been tremendous studies on measuring the effects of various factors on stock prices. This paper presents an empirical investigation to study the effects of book value, net earnings and cash flow on stock prices of 129 selected firms listed on Tehran Stock Exchan...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Growing Science
2014-09-01
|
| Series: | Management Science Letters |
| Subjects: | |
| Online Access: | http://www.growingscience.com/msl/Vol4/msl_2014_240.pdf |
| _version_ | 1818549449050292224 |
|---|---|
| author | Khosro Faghani Makrani Mohammad Reza Abdi |
| author_facet | Khosro Faghani Makrani Mohammad Reza Abdi |
| author_sort | Khosro Faghani Makrani |
| collection | DOAJ |
| description | During the past few years, there have been tremendous studies on measuring the effects of various factors on stock prices. This paper presents an empirical investigation to study the effects of book value, net earnings and cash flow on stock prices of 129 selected firms listed on Tehran Stock Exchange over the period 2007-2012. Using some regression techniques, the study has determined that the effects of book value, net earnings as well as cash flow decreases over the time although the effects of book value is bigger than net earnings and cash flow. However, as time passes on, there is no change on trend of the effects of these components on stock price. |
| first_indexed | 2024-12-12T08:33:29Z |
| format | Article |
| id | doaj.art-a3ba967336694bb598fe7f7c4acc3487 |
| institution | Directory Open Access Journal |
| issn | 1923-2934 1923-9343 |
| language | English |
| last_indexed | 2024-12-12T08:33:29Z |
| publishDate | 2014-09-01 |
| publisher | Growing Science |
| record_format | Article |
| series | Management Science Letters |
| spelling | doaj.art-a3ba967336694bb598fe7f7c4acc34872022-12-22T00:31:02ZengGrowing ScienceManagement Science Letters1923-29341923-93432014-09-01492129213210.5267/j.msl.2014.8.005The effects of book value, net earnings and cash flow on stock priceKhosro Faghani MakraniMohammad Reza AbdiDuring the past few years, there have been tremendous studies on measuring the effects of various factors on stock prices. This paper presents an empirical investigation to study the effects of book value, net earnings and cash flow on stock prices of 129 selected firms listed on Tehran Stock Exchange over the period 2007-2012. Using some regression techniques, the study has determined that the effects of book value, net earnings as well as cash flow decreases over the time although the effects of book value is bigger than net earnings and cash flow. However, as time passes on, there is no change on trend of the effects of these components on stock price.http://www.growingscience.com/msl/Vol4/msl_2014_240.pdfCash flowBook valueNet earningsStock price |
| spellingShingle | Khosro Faghani Makrani Mohammad Reza Abdi The effects of book value, net earnings and cash flow on stock price Management Science Letters Cash flow Book value Net earnings Stock price |
| title | The effects of book value, net earnings and cash flow on stock price |
| title_full | The effects of book value, net earnings and cash flow on stock price |
| title_fullStr | The effects of book value, net earnings and cash flow on stock price |
| title_full_unstemmed | The effects of book value, net earnings and cash flow on stock price |
| title_short | The effects of book value, net earnings and cash flow on stock price |
| title_sort | effects of book value net earnings and cash flow on stock price |
| topic | Cash flow Book value Net earnings Stock price |
| url | http://www.growingscience.com/msl/Vol4/msl_2014_240.pdf |
| work_keys_str_mv | AT khosrofaghanimakrani theeffectsofbookvaluenetearningsandcashflowonstockprice AT mohammadrezaabdi theeffectsofbookvaluenetearningsandcashflowonstockprice AT khosrofaghanimakrani effectsofbookvaluenetearningsandcashflowonstockprice AT mohammadrezaabdi effectsofbookvaluenetearningsandcashflowonstockprice |