International Electronic Journal of Mathematics Education

Investigating the Profitability of Tehran Stock Exchange from the Perspective of Financial Statements Using AHP Model
  • Article Type: Research Article
  • International Electronic Journal of Mathematics Education, 2016 - Volume 11 Issue 10, pp. 3561-3574
  • Published Online: 31 Dec 2016
  • Article Views: 637 | Article Download: 765
  • Open Access Full Text (PDF)
AMA 10th edition
In-text citation: (1), (2), (3), etc.
Reference: Zarin M, Gaskari R. Investigating the Profitability of Tehran Stock Exchange from the Perspective of Financial Statements Using AHP Model. Int Elect J Math Ed. 2016;11(10), 3561-3574.
APA 6th edition
In-text citation: (Zarin & Gaskari, 2016)
Reference: Zarin, M., & Gaskari, R. (2016). Investigating the Profitability of Tehran Stock Exchange from the Perspective of Financial Statements Using AHP Model. International Electronic Journal of Mathematics Education, 11(10), 3561-3574.
Chicago
In-text citation: (Zarin and Gaskari, 2016)
Reference: Zarin, Maryam, and Reihaneh Gaskari. "Investigating the Profitability of Tehran Stock Exchange from the Perspective of Financial Statements Using AHP Model". International Electronic Journal of Mathematics Education 2016 11 no. 10 (2016): 3561-3574.
Harvard
In-text citation: (Zarin and Gaskari, 2016)
Reference: Zarin, M., and Gaskari, R. (2016). Investigating the Profitability of Tehran Stock Exchange from the Perspective of Financial Statements Using AHP Model. International Electronic Journal of Mathematics Education, 11(10), pp. 3561-3574.
MLA
In-text citation: (Zarin and Gaskari, 2016)
Reference: Zarin, Maryam et al. "Investigating the Profitability of Tehran Stock Exchange from the Perspective of Financial Statements Using AHP Model". International Electronic Journal of Mathematics Education, vol. 11, no. 10, 2016, pp. 3561-3574.
Vancouver
In-text citation: (1), (2), (3), etc.
Reference: Zarin M, Gaskari R. Investigating the Profitability of Tehran Stock Exchange from the Perspective of Financial Statements Using AHP Model. Int Elect J Math Ed. 2016;11(10):3561-74.

Abstract

The main objective of Stock Exchange Investors has always been profitability and identification industries that have the highest profitability has been in priority. Thus, using valid methods to introduce these industries has always been of interest to investors.in this paper with title “Investigating the profitability of Tehran Stock Exchange from the perspective of financial statements using AHP model” Analytic Hierarchy Process and field methods (questionnaire) was used for data collection. And statistical sample in this study has been selected in 15 top companies with A rank from Tehran Stock Exchange in the list. The main objective rating of financial measures affecting the profitability of the industry. The results indicate that respectively  the measures of net profit margin, operating profit margin, return on assets, return on equity, capital structure, liquidity, leverage and capital assets are the most and least important in determining the exchange industry with high profitability.

References

  • Abdollah salam, Lashkari Zahra, Forqandost haghigi Kambiz. (2013). the entropy of the financial statements and its impact on industry profit change in Tehran Stock Exchange, audit knowledge of Issue 52, Portal Comprehensive Human Sciences, Document ID: 327873.
  • Ahmadpour Ahmad, Gholami Jamkarani R. (2005). examine the relationship between accounting information and market risk (companies listed on Tehran Stock Exchange), Shiraz University Journal of Social Sciences and Humanities, 2(43), 30-18.
  • Al-Jafari, M K & Al Samman, H. (2015). Determinants of Profitability: Evidence from Industrial Companies Listed on Muscat Securities Market, Review of European Studies, 7(11), 303-311.
  • Dong, Su. (2015). the Relationship between Working Capital Management and Profitability: A Vietnam Case. International Research Journal of Finance and Economics; 49, 1450-2887.
  • Ebrahimi, S. (2013). Fundamental analysis stock industry: industry performance in terms of profitability, developments in the capital market, stock exchange, Journal of Economic News, 139, 102-101.
  • Ganji HR, Tahriri Arash and Asghari MR. (2009). ranking companies based on accounting information and non accounting and compare it to rank companies in Tehran Stock Exchange, development and investment magazine, 3, 32-7.
  • Molaee, M. (2004). factors affecting profit small industries in Iran, Journal of Commerce, 31, 226-203.
  • Sajjad Hussain, Dastgir Mohsen, Farazmand Hassan and Mahmoud Vahid. (2007). factors affecting the profitability of companies listed in Tehran Stock Exchange, Economic Research Journal, 80, 73-49.
  • Saswata Chatterjee. (2015). the Impact of Working Capital Management on the Profitability of the Listed Companies in the London Stock Exchange. Affiliation Not Provided To SSRN.
  • Setayesh Mohammed Hussein, Kazemnezhad, Mostafa and Shafi J. (2009). the use of genetic algorithm to determine the optimal capital structure of listed companies in Tehran Stock Exchange, studies accounting and auditing, 16(56), 58-39.

License

This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.