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The relationship between information content of depreciation and abnormal return and future benefits in manufacturing companies in Tehran Stock Exchange(TSE)

International Journal of Finance & Banking Studies

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Title The relationship between information content of depreciation and abnormal return and future benefits in manufacturing companies in Tehran Stock Exchange(TSE)
 
Creator Zare, Reza
 
Subject Finance
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Description In present study by virtue of the importance of  the fiscal statement contents and illiquid items ignored by the merchant the depreciation contents relation with abnormal return of the shares and future benefits are examined in order to influence the items under consideration of the investors to take related decisions; 94 companies were selected from the accessible universe in five years (2006-2010) to have the data necessary for the study in order to achieve the goal. The simple and multivariable regression statistical techniques Chow and Hausman  Test were used to test the hypotheses. The significant test was conducted for the paradigms by using the ‘F’ and ‘T’ statistics. The study findings show there is no relation between the depreciation expense and abnormal return and there is a significant and positive relation between the depreciation expense and future benefits.Key Words: Abnormal return, Information Contents, depreciation, abnormal return.
 
Publisher SSBFNET
 
Contributor —
 
Date 2013-01-02
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://www.ssbfnet.com/ojs/index.php/ijfbs/article/view/28
 
Source International Journal of Finance & Banking Studies (ISSN: 2147- 4486); Vol 2, No 1 (2013): January; 11-20
2147-4486
 
Language eng
 
Relation http://www.ssbfnet.com/ojs/index.php/ijfbs/article/view/28/379