Title of article
Relationship between Operational and Financial Risk and Economic Value added: Iranian evidence
Author/Authors
Abbaszadeh، Mohammadreza نويسنده Assistant Professor of Accounting, Department of Accounting, Ferdowsi University of Mashhad, Mashhad, Iran , , Habibi Khalaj، Somayeh نويسنده Department of Accounting, Ferdowsi University of Mashhad, Mashhad, Iran , , Jabbari Nooghabi، Hadi نويسنده Department of Statistics, Ferdowsi University of Mashhad, Mashhad, Iran ,
Issue Information
روزنامه با شماره پیاپی 0 سال 2013
Pages
20
From page
66
To page
85
Abstract
This research carried out about 138 companies listed on the Tehran Stock Exchange including 11 industries during 2001-2009. After calculation of research variables via multiple regression method, analyzing of research result has been carried out using six hypothesizes. Final result of this research indicates that there is a significant relationship between operational risk and economic value added based on market and book values. However, no meaningful relationship is available between financial risk and economic value added based on market and book values. In addition, the result of multiple regression method indicates no meaningful relationship between economic value added based on market and book values, type of industries and expected profit growth with variable efficiency. It also shows a negative relationship between economic value added based on market and book values and expected financial distress index and positive relationship between economic value added based on market and book values and size of company.
Journal title
Asian Journal of Research in Banking and Finance
Serial Year
2013
Journal title
Asian Journal of Research in Banking and Finance
Record number
1058394
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