Abdolmajid Keshavarz; Afshin Armin
Volume 5, Issue 1 , January 2016, , Pages 9-15
Abstract
This study aimed to investigate the role of VAT and its impact on Iran′s tax revenues and the rate of inflation (with an emphasis on financial approach) in listed companies on the Stock Exchange of Tehran. For this, a total of 600 manufacturing firms listed in Stock Exchange in the period of 2009 ...
Read More
This study aimed to investigate the role of VAT and its impact on Iran′s tax revenues and the rate of inflation (with an emphasis on financial approach) in listed companies on the Stock Exchange of Tehran. For this, a total of 600 manufacturing firms listed in Stock Exchange in the period of 2009 till 2014 were selected and their data were analyzes using multiple linear regressions and trough panel data using fixed effects. The results of research hypothesis testing showed, that there is a significant relationship between the research variables and increase or decrease the growth rate of value added tax have a significant impact on tax revenues and inflation volatility and R & D expenditure of the companies.
Hamid Reza Beighi; Afshin Armin
Volume 5, Issue 1 , January 2016, , Pages 16-21
Abstract
This study examines the impact of accounting conservatism as one of the qualitative characteristics of accounting information on the performance of companies listed on the Stock Exchange of Tehran. For this purpose, a total of 125 companies were selected in 2009 to 2014 when yields their data were analyzed ...
Read More
This study examines the impact of accounting conservatism as one of the qualitative characteristics of accounting information on the performance of companies listed on the Stock Exchange of Tehran. For this purpose, a total of 125 companies were selected in 2009 to 2014 when yields their data were analyzed using multivariate regression model and by the observational data using fixed effects. The results of research hypothesis testing showed that conservatism and investment efficiency variables and future investment of firms studied had significant impacts.
Ali Azadmanesh; Afshin Armin; Hamid Rostami
Volume 5, Issue 1 , January 2016, , Pages 22-28
Abstract
The aim of this study was to investigate the relationship between company performance, executive compensation and corporate leverage of companies listed on the Tehran Stock Exchange. The research methodology was conducted within the framework of Inductive-deductive reasoning, it means, theoretical fundamentals ...
Read More
The aim of this study was to investigate the relationship between company performance, executive compensation and corporate leverage of companies listed on the Tehran Stock Exchange. The research methodology was conducted within the framework of Inductive-deductive reasoning, it means, theoretical fundamentals research history is by library studies, articles and Web sites in the form of inductive and collect information to confirm or reject the hypothesis in deductive form. The study population consisted of all companies listed on the Stock Exchange of Tehran. According to the official website of the Tehran Stock Exchange by the end of year 2013, all companies listed include 520 companies in 37 industry groups, respectively. The results of the first hypothesis showed that there is significant inverse relationship between Company performance and volatility of financial leverage. A negative coefficient for this variable (-0.2486) implies that there is an inverse relationship between firm performance and volatility of financial leverage. Based on the results of the second hypothesis, there are a significant and direct relationship between fluctuations executive compensation and corporate financial leverage. The positive coefficient for this variable (0.0010) suggests the existence of a direct link between executive compensation and corporate financial leverage volatility. The third hypothesis test results showed that there is a significant inverse relationship between the positive performance of executive compensation and corporate financial leverage fluctuations,. A negative coefficient for this variable (-0.0010) indicate an inverse relationship between positive performance due to executive compensation and corporate financial leverage volatility.
