文章基本信息

标题：Evaluation of the association between company performance and Iran’s stock market liquidity
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作者：Zahra Amirhosseini ; Sadegh Hadipour
期刊名称：Advances in Mathematical Finance and Applications
印刷版ISSN：2538-5569
电子版ISSN：2645-4610
出版年度：2018
卷号：3
期号：2
页码：59-68
DOI：10.22034/amfa.2018.540831
语种：English
出版社：Islamic Azad University of Arak
摘要：This research studies the companies’ effectiveness and performance relationship with stock market liquidity in Tehran Stock Exchange during 2010-2015. Simultaneously, in the study, the three indicators: return on assets, return on investment and Tobin's Q ratio were applied as a measure of the performance and bid-ask spread as a measure of liquidity, bid-ask spread to the stock market. This research has a practical purpose and descriptive correlation in research nature and also post-event research. The under study population comprises all companies accepted in Tehran Stock Exchange during the intended period, 198 companies selected with systematic elimination sampling to be studied and analyzed. The results show a positive and significant association between companies’ performance and Stock market liquidity.