بررسي رابطه بين نسبت Q توبين و ارزش افزوده اقتصادي پالايش شده در شركت هاي پذيرفته شده در بورس اوراق بهادار تهران

Investigating the Relationship between Tobinʹs Q Ratio and Refined Economic Value Added (REVA) in Tehran Stock Exchange

This research aimed to investigate the relationship between Refined Economic Value Added and Tobinʹs Q Ratio. On the importance of conflict of interest between owners and managers, identifying some new measure of performance evaluator to better explain and predict management action required. Information and data needed in this study, gathered from Teheran Stock Exchange (TSE) library and other sources of information. Hypotheses after calculating variables were tested by Spearman Rank Correlation. Results of the research (at the confidence level of 95%) clearly show that Refined Economic Value Added is correlated with Tobinʹs Q ratio. Therefore, we can use Tobinʹs Q ratio instead of Refined Economic Value Added to evaluate the company performance.