Title of article
Investigation of Effect of Information Content Net Earnings on the Stock Price Changes (Case study of Tehran Stock Exchange)
Author/Authors
Mir، Fatemeh نويسنده Department of Accounting, Izeh Branch, Islamic Azad University, Izeh, Iran , , Hatami، Ehsan نويسنده Young Researchers Club of Islamic Azad University, Izeh branch, Izeh, Iran ,
Issue Information
فصلنامه با شماره پیاپی 0 سال 2013
Pages
8
From page
27
To page
34
Abstract
This paper has studied change of stock prices toward actual
net earnings and predicted net earnings announcement in Tehran Stock
Exchange. For analyzing hypotheses, stock price changes were studied
in two dates of actual net earnings and predicted net earnings announcement
and also one month after that date. Statistical population
of research included companies that their stocks were traded actively in
Tehran Stock Exchange during annual period of 2011. Two hypotheses
of research were analyzed by sign test and chi2- test. The results
show that in announcement day of actual net earnings and predicted
net earnings, there is a significant relationship that include information
content of predicted net earnings between observed frequencies in price
change.
Journal title
Shiraz Journal of System Management
Serial Year
2013
Journal title
Shiraz Journal of System Management
Record number
1242870
Link To Document