Effect of Stock Market Volatility on Banks Performance Accepted in Tehran Stock Exchange
Subject Areas :
Hoda
Hemmti
1
()
Abdorrahman
Abbasifar
2
(نویسنده)
Keywords: Banks Performance, stock exchange, Stock market, volatility,
Abstract :
In this research bank performance was measured, using variables of: economic value added (EVA), average return on assets (ROAA), and average return on equity (ROAE).This study was causal comparative research (using past data) and the aim is classified on the basis of the nature of the correlation method on the combined data. The population of the study consisted of all member banks at Tehran Stock Exchange for the period of 1387- 1392. Research findings indicates that 95% variable stock market development and competitiveness of banking, with the dependent variable EVA significant relationship is between the Mean monthly returns of stocks and the development of the banking sector with the dependent variable EVA direct link is established. With95% of all variables except for "the development of the banking sector" have a significant relationship with the dependent variable ROAA. Also there is a positive relationship between monthly returns stocks and market development relationship with the dependent variable ROAA. There is also a significant correlation between all variables except "banking competition" with the dependent variable ROEA. There is a negative correlation between stock market development and the dependent variable ROEA. There is a positive and significant relationship between Mean of monthly returns stocks and the development of the banking with the dependent variable ROEA.
