The relationship between economic value added, return on assets, and return on equity with market value added in Tehran stock Exchange (TSE)

This study aim is to examine the relationship between economic value added (EVA, return on assets (ROA), and return on equity (ROE) with market value added (MVA) in Tehran Stock Exchange (TSE). The sample involves 87 non - financial companies listed in Tehran Stock Exchange (TSE) over the peri...

Full description

Saved in:
Bibliographic Details
Main Authors: Nakhaei, Habibollah, Hamid, Nik Intan Norhan
Format: Conference or Workshop Item
Language:English
Published: 2013
Subjects:
Online Access:http://eprints.utm.my/id/eprint/38738/1/HabibiollahNakhaei2013_TheRelationshipBetweenEconomicValueAdded.pdf
http://eprints.utm.my/id/eprint/38738/
https://wbiworldconpro.com/uploads/taiwan-conference-2013/finance/1382455085_332-Habibiollah.pdf
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:This study aim is to examine the relationship between economic value added (EVA, return on assets (ROA), and return on equity (ROE) with market value added (MVA) in Tehran Stock Exchange (TSE). The sample involves 87 non - financial companies listed in Tehran Stock Exchange (TSE) over the period 2004–2008. Pearson correlation coefficient and regression method was employed to analysis the scondary data. The results indicated there are meaningful correlation between EVA, and ROE with MVA, but there is not meaningful association between ROA and MVA.