List of Articles Capital Market Conditions

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  1 - The Relation between Firm Size and Stock Return Volatility in Different Capital Market Conditions
  Shahnaz Mashayekh Nasim Harraf Amughin
  The major purpose of this research was to investigate and determinate the effect of some risk variables in the stock returns of the companies listed in Tehran Stock Exchange Market (TSEM). In approaching this study, the effects of firm size in the stock return volatilit More

  The major purpose of this research was to investigate and determinate the effect of some risk variables in the stock returns of the companies listed in Tehran Stock Exchange Market (TSEM). In approaching this study, the effects of firm size in the stock return volatility in different capital market conditions in TSEM during the years 1374 through 1384 were analyzed. The population of the study encompasses all firms listed in TSEM with the exception of banks, investment companies and leasing companies.The sample of this research was the firms whose stocks during the period of study at least six month of a year was exchange. Consequently, 53 firms were finally ed and analyzed. In choosing the conditions of market, used 3 criterion include stock market index and monetary exchanges volume and this numeric in TSEM . Then by using “ the regression analysis technique and dummy variable “ , the effects of ed variables in stock returns were studied. The results of this study show that, there is positive and significant relation between firm size and stock return volatility , when market condition is not importance, and when market condition include the model, this relation is still positive and significant. We concluded that, market condition does not effect on relationship between firm size and stock return volatility (Beta). Manuscript profile