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Ratio of Market Value to Book Value of Equity and Liquidity Ratios
Academic Journal of Accounting and Economic Researches
View Archive Info| Field | Value | |
| Title |
Ratio of Market Value to Book Value of Equity and Liquidity Ratios
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| Creator |
Jabery, Abdolreza
Inanloo, Meraj |
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| Description |
Investors require information, which is reflected on the financial statements of companies such as income statement and balance sheet, to obtain the stocks with higher returns and less risk. Sometimes stock returns are not reliable measure for shareholders’ decisions. In such cases, the value created by the shareholder can be the best criterion for stock situation measurement. The ratio of stock market value to book value in such circumstances could reflect the above value. This ratio can also be a criterion for assessing the risk and profitability. Therefore, the overall objective of this study was to investigate the relationship between the ratio of market value to book value of equity and liquidity ratios of listed companies in Tehran Stock Exchange. The present study in terms of goal is application type and in terms of data collection method is descriptive and correlational type. All companies listed in Tehran Stock Exchange are involved in the research population and the least number of samples for testing hypotheses is 111 companies between the years 2009 to 2013. Significance test of the models is done through F and T statistics. The present study results indicate a significant relationship between the ratio of market value to book value of equity and current and quick ratios, and working capital.
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| Publisher |
Academic Journal of Accounting and Economic Researches ISSN 2333-0783
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| Contributor |
—
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| Date |
2018-03-17
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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| Format |
application/pdf
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| Identifier |
http://worldofresearches.com/ojs-2.4.4-1/index.php/ajaer/article/view/664
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| Source |
Academic Journal of Accounting and Economic Researches ISSN 2333-0783; Vol 6, No 2 (2017): April 2017
2333-0783 2375-7493 |
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| Language |
eng
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| Relation |
http://worldofresearches.com/ojs-2.4.4-1/index.php/ajaer/article/view/664/453
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| Rights |
Copyright (c) 2018 Academic Journal of Accounting and Economic Researches ISSN 2333-0783
http://creativecommons.org/licenses/by-nc/4.0 |
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