This study examines the relationship between Economic Value Addedand Degree of Operating Leverage. The main target of this study isintroducing Economic Value Added as a performance appraisal and valueassessment index, thus the relationship between EVA and DOL , sale&rsq More
This study examines the relationship between Economic Value Addedand Degree of Operating Leverage. The main target of this study isintroducing Economic Value Added as a performance appraisal and valueassessment index, thus the relationship between EVA and DOL , sale’sgrowth and profit’s growth , for companies at Tehran Stock Exchange,was examined , for the period 2002 through 2007 ,in order to find themost suitable index. For testing the hypothesises of this research ,Multiple Regression Method was used for cross – sectional data.The results show that EVA has meaningful relationship with both DOLand profit’s growth .But EVA has no meaningful relationship withsale’growth. The results also indicate most powerful relationship betweenEVA and profit’s growth compare to relationship between EVA andDOL.
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In this article, has been tried to study the relation between two important objects in accounting and economic, “Economic Value Added and Market Risk”. Present paper is provided to confirm or declaring this theory that whether there is any relation between E More
In this article, has been tried to study the relation between two important objects in accounting and economic, “Economic Value Added and Market Risk”. Present paper is provided to confirm or declaring this theory that whether there is any relation between EVA and β among firms in Tehran Stock Exchange or not.
To examine this hypothesis, 65 firms have been selected from the companies in Tehran Stock Exchange during 1380-1384 by using a statistic method, named Cochran. After calculating research's variables (by using financial statements information and investing management software) and by using Pierson correlation analysis method it became clear that there is moderate reverse relation between EVA & β in 1380 and 1382, very weak and reverse in 1381 and very weak and direct in 1383-1384.
In other words this research shows that there’s no strong relation between EVA & β in the examined period
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In order to gain competitive advantage in current trade environment, modern management accounting approaches must be used. Correct use of proper management accounting procedure is expected to maintain companies in an acceptable level even in happening of depressions. Ex More
In order to gain competitive advantage in current trade environment, modern management accounting approaches must be used. Correct use of proper management accounting procedure is expected to maintain companies in an acceptable level even in happening of depressions. Existence of modern management accounting tools (MATs) helps managers to achieve company goals better and in these goals increasing shareholders’ wealth and value of company is above all. Achieving the aforementioned goals can be put to test via capital markets and this matter is done by analyzing financial statements and via financial indices. Hence aim of this research is investigating the relation between modern management accounting tools and economic value added (EVA). In this article multiple regression is used and the data are collected from financial statements and questionnaire of 48 companies which were accepted at Tehran stock exchange before the year 1387 and have continued their activity constantly until the year 1392, and these data are analyzed by PLS. Results show that applying modern management accounting tools has positive effect which is equal to 0.263, on index of EVA. Thus, it can be said that applying accounting tools which are value-based, has led to improvement in performance of company in terms of index of EVA.
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Audit quality is very important. Audit quality is one of the most important issues in auditing that laws, standards, auditing firms and academic researchers seek to determine its indicators. This affects the market value of companies and is so important that in addition More
Audit quality is very important. Audit quality is one of the most important issues in auditing that laws, standards, auditing firms and academic researchers seek to determine its indicators. This affects the market value of companies and is so important that in addition to auditors and researchers, it also forces users of audited financial statements to explore reports to gain more confidence. Social responsibility affects the value creation of companies,Therefore, the purpose of this study is to investigate the effect of audit quality on companies' value added (market value added and economic value added) with emphasis on the mediating role of social responsibility in companies listed on the Tehran Stock Exchange.
The statistical population of this research is all companies listed on the Tehran Stock Exchange and the statistical sample includes 101 listed companies (1010 years-company) in the period 2009 to 2019.In order to analyze the data, structural equivalence method (SEM), SPSS and Smart PLS softwares has been used. The results showed that in Tehran Stock Exchange, auditing quality has a positive and significant effect on value added(Market value added and economic value added) as well as, social responsibility. In addition, social responsibility has a positive and significant effect on the value added of companies. Another finding of the study is that social responsibility, as a mediating variable, affects the relationship between audit quality and value added of companies listed on the Tehran Stock Exchange andIts mediating role is confirmed.The results indicate thatwith increasing social responsibility, the performance of companies is greatly improved. Auditors will use these findings to play a better role in social responsibility and managers to select better economic performance criteria.
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