بررسي اثر شاخص هاي اصلي مالي و اقتصادي بر سودآوري (شركت هاي پذيرفته شده در بورس اوراق بهادار تهران )

An Investigation of the Influence of Key Financial and Economic Indicators on Profitability (Evidence from Stock Exchange Organization of Tehran)

سود خالص در بنگاه هاي اقتصادي نتيجه فعاليت هاي سرمايه‎گذاري، مالي و اقتصادي آن شركت ها است. اين فعاليت ها ممكن است تحت تاثير تصميمات مديران و عوامل داخلي و خارجي محيطي قرار گيرند. در اين مقاله اثر شاخص هاي اصلي مالي و اقتصادي بر سودآوري شركت هاي پذيرفته شده در بورس اوراق بهادار تهران (صنايع خودرو و ساخت قطعات، شيميايي و دارويي) بر اساس صورت هاي مالي سالانه 62 شركت براي دوره زماني 1384 تا 1388 بررسي شده است. به طور كلي شواهد حاصل از پژوهش بدين صورت بوده كه بين اهرم مالي، رشد فروش، متوسط قيمت سهام و توليد ناخالص داخلي با سودآوري رابطه معناداري وجود داشته است. اما بين نقدينگي و سودآوري رابطه معناداري وجود ندارد

For any business concern the net profit or bottom line for a particular time period is the end result of its investing, financing and operating activities. These activities can be visualized as being influenced by management’s decisions and a host of internal and external environmental factors. This study analyzes the An Investigation of The Influence of Key Financial And Economic Indicators on Profitability of firms for a sample of 64 Iran companies listed in Tehran Stock Exchange (In sectors of Manufacture of parts and accessories for motor vehicles and their engines, Manufacture of pharmaceuticals and Manufacture of basic chemicals) for a period of 5 years from 1384-1388. Overall results indicate that there is a significance relationship between and profitability, financial leverage and profitability, sales growth and profitability and average stock price and profitability. But isnot a significance relationship between liquidity and profitability.