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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
 
Creator Alizadeh, Ali
Saeidi, Parviz
 
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.
 
Publisher Academic Journal of Accounting and Economic Researches ISSN 2333-0783
 
Contributor
 
Date 2018-02-06
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://worldofresearches.com/ojs-2.4.4-1/index.php/ajaer/article/view/636
 
Source Academic Journal of Accounting and Economic Researches ISSN 2333-0783; Vol 3, No 3 (2014): July 2014
2333-0783
2375-7493
 
Language eng
 
Relation http://worldofresearches.com/ojs-2.4.4-1/index.php/ajaer/article/view/636/412
 
Rights Copyright (c) 2018 Academic Journal of Accounting and Economic Researches ISSN 2333-0783
http://creativecommons.org/licenses/by-nc/4.0