2014•European Online Journal of Natural and Social SciencesOpen access
Economic value added of intellectual capital on the market value of listed companies in Tehran Stock Exchange
Hassan Hemmati, Ataollah Mohammadi, N. Rezaeyan
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Abstract
The present research studies the effects of the economic value added (EVA) and the intellectual capital on value of the listed companies’ value in Tehran Stock Exchange. The research was based on an applicable goal and it is descriptive and post-event in terms of nature. The sample of the research consists of 89 companies listed in Tehran Stock Exchange and the research period was from 2004 to 2011. In order to examine the research hypothesis, a multivariate regression is utilized using panel data. The results indicate spontaneous use of intellectual capital variable and the remaining profit according to the accepted principles of accounting increase description power of the market value fluctuations of the corporate remarkably. Normal 0 false false false RU X-NONE X-NONE