Effect of Oil Global prices on Stock Prices of the Petrochemical Industry in Tehran Stock Exchange
Academic Journal of Accounting and Economic Researches
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Title |
Effect of Oil Global prices on Stock Prices of the Petrochemical Industry in Tehran Stock Exchange
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Creator |
Alizadeh, Ali
Saeidi, Parviz |
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Description |
The main objective of the present study is to investigate the effect of oil global prices on stock prices of the petrochemical industry in Tehran Stock Exchange. So the basic question of the research is whether there is any relationship between oil global prices and stock prices of petrochemical industry in Tehran Stock Exchange. To achieve this purpose, a 10-year period (2002-2012) has been considered. The present research regarding the goal is an applied one and causal – Ex-Post Facto.The population includes all the listed companies in Tehran Stock Exchange. The needed sample has been extracted using the elimination method and putting restriction in the research population. In order to analyze data in this study, parametric and nonparametric statistical methods have been used. To describe the data, using SPSS18, descriptive statistics such as frequency distribution, mean, standard deviation and so on is used, and to analyze data and test research hypotheses MICROFIT and EVIEWS software are used. Research findings indicate that there is a positive and significant relationship between global price of oil and all study variables, including investment, exchange income, and employment.
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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 |
2018-02-06
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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/636
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Source |
Academic Journal of Accounting and Economic Researches ISSN 2333-0783; Vol 3, No 3 (2014): July 2014
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/636/412
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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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