Record Details

FACTORS AFFECTING THE VALUE OF BANK SHARES IN TEHRAN STOCK EXCHANGE

European Journal of Economic and Financial Research

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Field Value
 
Title FACTORS AFFECTING THE VALUE OF BANK SHARES IN TEHRAN STOCK EXCHANGE
 
Creator Mousavi, Alireza
Karshenasan, Ali
 
Subject value of bank shares, bank size, bank performance, inflation rate, bank credit risk
 
Description Growth opportunities for investments form an important part of the bank's value. When investors determine value of the bank according to the bank's accounting report, it is necessary to consider the bank's expectations for growth investments. With the development of capital markets has been more pronounced role of performance measures at reflecting in the performance of banks through their existing content. Identify economic and financial accounting factors which influence from different directions on the value of bank shares are effective in creating positive conditions for increasing investment and financial credit absorption of bank. Taking into account the stated conditions, the purpose of this investigation is to investigate factors affecting the value of bank stocks. Needed data for research are collected from 25 active banks in Tehran Stock Exchange during 2008-2014. The data are analyzed using Excel, SPSS and E-views soft wares. Im, Pesaran, and Shin test is used to evaluate the reliability of variables, then F-Limer fitness tests and Hausman are reported and finally regression model corresponding to the research questions is fitted. Obtained results show that bank size, bank performance, inflation rate and bank credit risk have impact on market value of bank shares.JEL: D53, E31, G32  Article visualizations:
 
Publisher European Journal of Economic and Financial Research
 
Contributor —
 
Date 2017-07-07
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
—
 
Format application/pdf
 
Identifier https://oapub.org/soc/index.php/EJEFR/article/view/133
 
Source European Journal of Economic and Financial Research; Volume 2, Issue 3, 2017
 
Language eng
 
Relation https://oapub.org/soc/index.php/EJEFR/article/view/133/390
https://oapub.org/soc/index.php/EJEFR/article/view/133/391
https://oapub.org/soc/index.php/EJEFR/article/view/133/392
 
Rights Copyright (c) 2017 Alireza Mousavi, Ali Karshenasan