The Effect of Risk Disclosure on the Share Price Anticipation based on Earnings and Firm Value

The purpose of this study is to investigate the effect of risk disclosure in financial reporting. The statistical society includes companies accepted in Tehran Stock Exchange (TSE), and the time span of the study is from the beginning of 2010 up to the end of 2013. To calculate some variables, the data of years 2009 and 2014 have also been used. In this research, it was predicted that increasing the level of risk disclosure could reduce the problems of information asymmetry and agency conflicts for investors. Based on what was anticipated, it was assumed that there is a relationship between risk disclosure and stock prediction capability by earnings changes. It was also anticipated that there was a relationship between risk disclosure and the firm value. The results indicate that there is no significant relationship between the level of risk disclosure of firms and the information content of earnings changes. Also there was no significant relationship between disclosure risk and firm value. Disclosed information irrelevance and inability and lack of knowledge in the interpretation of the information disclosed to investors about risk items, could be the main reasons for this conclusion

Investigation of the excess cash holding on value of firms

The present research tried to study the effect of the excess cash holding on firm value. The participants of the present research include the companies accepted in Tehran Stock Exchange during the years between 2003 and 2010, which are among the five industries of food, cement, drugs, chemicals, and automobile parts and by using a sampling method 482 year-companies were selected. To test the research hypotheses, two multiple regression models were used, which were first supplied by utilizing a model devised by Opler & et al (1999) and it is called OPSW to determine the appropriate level of cash holdings for each company in each year. Then, Lozano's model (2011) was utilized to measure the effect of the excess cash holding on firm value. The results of testing the research hypotheses showed that the excess cash holding affects firm value negatively meanwhile the investment policy

Investigation of the excess cash holding on value of firms

The present research tried to study the effect of the excess cash holding on firm value. The participants of the present research include the companies accepted in Tehran Stock Exchange during the years between 2003 and 2010, which are among the five industries of food, cement, drugs, chemicals, and automobile parts and by using a sampling method 482 year-companies were selected. To test the research hypotheses, two multiple regression models were used, which were first supplied by utilizing a model devised by Opler & et al (1999) and it is called OPSW to determine the appropriate level of cash holdings for each company in each year. Then, Lozano's model (2011) was utilized to measure the effect of the excess cash holding on firm value. The results of testing the research hypotheses showed that the excess cash holding affects firm value negatively meanwhile the investment policy

The effect of dividend policy on stock price volatility and investment decisions

The allocation of a part of the profit as the dividends considered as one of the significant issues in financial management. Through applying this policy, the main purpose is the capital maximization of stockholders by receiving the dividend and increasing the stock price. The purpose of the present research is to assess the effect of dividend policy on stock price volatility and investment decisions. The statistical community of the present research includes the admitted firms into the Tehran Stock Exchange of which only 65 firms have been selected after the application of the considered criteria. The time of the research is three years from 2007 to 2012 and correlation analysis method and multiple regressions were used in order to analyze the data and test the hypotheses. The research results indicate that the dividend policy has a significant effect on stock price volatility in a short time. However, the dividend policy does not have a significant effect on stock price volatility in a long time. Moreover, the dividend policy does not have a significant effect on investment decisions in terms of cash and accrual

The effect of dividend policy on stock price volatility and investment decisions

The allocation of a part of the profit as the dividends considered as one of the significant issues in financial management. Through applying this policy, the main purpose is the capital maximization of stockholders by receiving the dividend and increasing the stock price. The purpose of the present research is to assess the effect of dividend policy on stock price volatility and investment decisions. The statistical community of the present research includes the admitted firms into the Tehran Stock Exchange of which only 65 firms have been selected after the application of the considered criteria. The time of the research is three years from 2007 to 2012 and correlation analysis method and multiple regressions were used in order to analyze the data and test the hypotheses. The research results indicate that the dividend policy has a significant effect on stock price volatility in a short time. However, the dividend policy does not have a significant effect on stock price volatility in a long time. Moreover, the dividend policy does not have a significant effect on investment decisions in terms of cash and accrual

The effect of product mix and price on increasing sales of products manufactured in Butane Company

The goal of the present study is to study the effect of product mix and price on increasing sales of products manufactured in Butane Company. Thus, besides a review of the concepts of product mix and price, a main hypothesis was posed regarding the effect of product mix and price on increasing sales of products manufactured in Butane Company and two minor hypotheses were posed on the effects of each of the mixes in isolation on increasing sales of products manufactured in Butane Company in Ardebil. The statistical population for this research included all customers of Butane Company in Ardebil. The statistical sample was selected by using the table determining the volume in limited populations and they were determined to be 160 persons who were chosen by using a random rank sampling method. To collect the data, we have used a questionnaire whose validity was approved formally and its reliability was approved by using Cronbach's alpha coefficient. In order to analyze the data, we have used Kolmogorov-Smirnov's, t, and an independent population tests. Results showed that product mix and price affect the increasing sales of products manufactured in Butane Company. Also the priority of effect is for product and price, respectively

The effect of product mix and price on increasing sales of products manufactured in Butane Company

The goal of the present study is to study the effect of product mix and price on increasing sales of products manufactured in Butane Company. Thus, besides a review of the concepts of product mix and price, a main hypothesis was posed regarding the effect of product mix and price on increasing sales of products manufactured in Butane Company and two minor hypotheses were posed on the effects of each of the mixes in isolation on increasing sales of products manufactured in Butane Company in Ardebil. The statistical population for this research included all customers of Butane Company in Ardebil. The statistical sample was selected by using the table determining the volume in limited populations and they were determined to be 160 persons who were chosen by using a random rank sampling method. To collect the data, we have used a questionnaire whose validity was approved formally and its reliability was approved by using Cronbach's alpha coefficient. In order to analyze the data, we have used Kolmogorov-Smirnov's, t, and an independent population tests. Results showed that product mix and price affect the increasing sales of products manufactured in Butane Company. Also the priority of effect is for product and price, respectively

The effect of product mix and price on increasing sales of products manufactured in Butane Company

The goal of the present study is to study the effect of product mix and price on increasing sales of products manufactured in Butane Company. Thus, besides a review of the concepts of product mix and price, a main hypothesis was posed regarding the effect of product mix and price on increasing sales of products manufactured in Butane Company and two minor hypotheses were posed on the effects of each of the mixes in isolation on increasing sales of products manufactured in Butane Company in Ardebil. The statistical population for this research included all customers of Butane Company in Ardebil. The statistical sample was selected by using the table determining the volume in limited populations and they were determined to be 160 persons who were chosen by using a random rank sampling method. To collect the data, we have used a questionnaire whose validity was approved formally and its reliability was approved by using Cronbach's alpha coefficient. In order to analyze the data, we have used Kolmogorov-Smirnov's, t, and an independent population tests. Results showed that product mix and price affect the increasing sales of products manufactured in Butane Company. Also the priority of effect is for product and price, respectively