Studying the Relation between Fixed Intangible Assets and Accepted Companies’ Profitability in Tehran Stock Exchange

The main goal of this study is reviewing whether there is any relation between Tobin’s qas the agent of fixed intangible assets with Return on Assets (ROA) and the Return on Equity (ROE) as the agents of profitability, or not? In order to achieve this goal, one of the simplest and meanwhile the most applicable statistical methods, is analyzing regression which is used in Enter method. This studying is conducted through testing the investigation hypothesis for accepted companies in Tehran stock exchange during time periods of 1386 to 1390. The results of the study show that there is no any relation between study variables in general and for more assurance, the relation between variables were reviewing yearly, which no relation has been seen in any year. While the results of our investigations have shown the positive relation between variables. So, as the fixed intangible assets are the ability of creating high competition advantages, the managers of these companies have paid more attention to them and also, in accordance with legal responsibility of Accounting Organization in editing the national standards of accounting, so it’s suggested to these organization to consider the results of this study. In this regard, the results of the present investigation, is important because of it’s related to uncovering the financial reporting and from the theoretical point of view, it’s possible that the broad usage of mixing intangible assets in other non-current assets, may be is the base of insufficient uncovering and/or would be misleading in financial reporting.