Evaluation of Firm Ranking Based on Accounting and Non Accounting Data and Comparing It with Firm Ranking in Tehran Stock Exchange

Developing of capital markets causes creation and extension of financial service firms and one of the services that these firms offer is securities and firms ranking. In this study, Tehran Stock Exchange (TSE) variables in firm ranking (Top 50 firms announcements) are compared with some different fi...

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Main Authors: Sassan Mehrani, Ph.D, Hamidreza Ganji, Arash Tahriri, Mohammad Reza Asgari
Format: Article
Language:fas
Published: Shahid Bahonar University of Kerman 2009-06-01
Series:مجله توسعه و سرمایه
Subjects:
Online Access:https://jdc.uk.ac.ir/article_1899_ba57eb682fbabb56670cf012be0f33a0.pdf
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author Sassan Mehrani, Ph.D
Hamidreza Ganji
Arash Tahriri
Mohammad Reza Asgari
author_facet Sassan Mehrani, Ph.D
Hamidreza Ganji
Arash Tahriri
Mohammad Reza Asgari
author_sort Sassan Mehrani, Ph.D
collection DOAJ
description Developing of capital markets causes creation and extension of financial service firms and one of the services that these firms offer is securities and firms ranking. In this study, Tehran Stock Exchange (TSE) variables in firm ranking (Top 50 firms announcements) are compared with some different financial and none financial performance evaluation criteria. The main purpose of the research is to determine that if a firm which has a high rank according to TSE announcement, has a high position according to the financial and none financial standards or not. The results of hypothesis testing and correlation analysis show that there is a weak correlation between firms ranking based of TSE charts and firm ranking based of considerable variables in this research and these correlations often is insignificant. This refers that TSE ranking is not parallel with firm ranking based on the research considerable variables.
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spelling doaj.art-fdb4bd23b65d4e16b06212659494864d2023-05-02T06:50:42ZfasShahid Bahonar University of Kermanمجله توسعه و سرمایه2008-24282645-36062009-06-012173210.22103/jdc.2009.18991899Evaluation of Firm Ranking Based on Accounting and Non Accounting Data and Comparing It with Firm Ranking in Tehran Stock ExchangeSassan Mehrani, Ph.D0Hamidreza Ganji1Arash Tahriri2Mohammad Reza Asgari3Assistant Professors, University of Tehran, Tehran, Iran.Ph.D. Student in Accounting, Tehran University, Tehran, Iran.M.A. of Accounting, University of Tehran, Tehran, Iran.M.A. of Accounting, University of Tehran, Tehran, Iran.Developing of capital markets causes creation and extension of financial service firms and one of the services that these firms offer is securities and firms ranking. In this study, Tehran Stock Exchange (TSE) variables in firm ranking (Top 50 firms announcements) are compared with some different financial and none financial performance evaluation criteria. The main purpose of the research is to determine that if a firm which has a high rank according to TSE announcement, has a high position according to the financial and none financial standards or not. The results of hypothesis testing and correlation analysis show that there is a weak correlation between firms ranking based of TSE charts and firm ranking based of considerable variables in this research and these correlations often is insignificant. This refers that TSE ranking is not parallel with firm ranking based on the research considerable variables.https://jdc.uk.ac.ir/article_1899_ba57eb682fbabb56670cf012be0f33a0.pdffirm rankingperformance evaluationtop 50 firms announcementfinancial and nofinancial variablesaccounting information
spellingShingle Sassan Mehrani, Ph.D
Hamidreza Ganji
Arash Tahriri
Mohammad Reza Asgari
Evaluation of Firm Ranking Based on Accounting and Non Accounting Data and Comparing It with Firm Ranking in Tehran Stock Exchange
مجله توسعه و سرمایه
firm ranking
performance evaluation
top 50 firms announcement
financial and nofinancial variables
accounting information
title Evaluation of Firm Ranking Based on Accounting and Non Accounting Data and Comparing It with Firm Ranking in Tehran Stock Exchange
title_full Evaluation of Firm Ranking Based on Accounting and Non Accounting Data and Comparing It with Firm Ranking in Tehran Stock Exchange
title_fullStr Evaluation of Firm Ranking Based on Accounting and Non Accounting Data and Comparing It with Firm Ranking in Tehran Stock Exchange
title_full_unstemmed Evaluation of Firm Ranking Based on Accounting and Non Accounting Data and Comparing It with Firm Ranking in Tehran Stock Exchange
title_short Evaluation of Firm Ranking Based on Accounting and Non Accounting Data and Comparing It with Firm Ranking in Tehran Stock Exchange
title_sort evaluation of firm ranking based on accounting and non accounting data and comparing it with firm ranking in tehran stock exchange
topic firm ranking
performance evaluation
top 50 firms announcement
financial and nofinancial variables
accounting information
url https://jdc.uk.ac.ir/article_1899_ba57eb682fbabb56670cf012be0f33a0.pdf
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