Reviewing of some macro-economic variables on financial performance in the Iranian stock exchange

سال انتشار: 1399
نوع سند: مقاله کنفرانسی
زبان: انگلیسی
مشاهده: 220

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شناسه ملی سند علمی:

CMEACONG02_040

تاریخ نمایه سازی: 1 دی 1399

چکیده مقاله:

The effect of macro - economic variables on financial performance indicators of Iranian sector, using article data for the period, 2010 - 2018 was evaluated. The monetary policy rate, exchange rate and inflation rate, while the financial performance indicators used as proxies for profitability include earnings per share, return on equity and return on asset were studied in the current study. And the ordinary least squares regression model was performed. The result showed that the positive significant relationship between monetary policy rate and earnings per share and a weak negative relationship between exchange rate and company returns. Additionally it equally reveals that inflation rate has an insignificant negative relationship with the return on equity. In conclusion the result may provide some insight to corporate managers, investors and policy markers.

نویسندگان

Rozhan Khalaj Asadi

Department of Financial Managements, Faculty of Economics and accounting, Islamic Azad University, Tehran (South) Branch, Tehran, Iran