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Investigating the Effect of Dividend Payments on the Economic Value Added of Companies Listed in Tehran Stock Exchange

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  • Zangeneh, Fatemeh
  • Kiani, Ali
  • Sabbaghian, Ali

Abstract

The stock exchange, as one of the most important and critical economic centers, plays a significant role in sustainable economic development by attracting and properly directing the investment and liquidity of various groups of the society. The purpose of this study is to investigate the effect of dividend payments on the economic value added of companies listed in the Tehran Stock Exchange. In this research, the statistical population includes all 444 accepted companies in the stock exchange. By examining the financial statements, applying the necessary constraints and performing random sampling, 115 qualified companies were finally extracted. The Cochran formula method was used for sampling. In this study, after collecting the necessary information, the dividend and economic value added of the sample companies were calculated. The relationship between the study variables was measured using Pearson correlation coefficient. The tests and analyzes show that there is a positive correlation coefficient between the dividend and the dependent variable of economic value added in the capital market of Iran.

Suggested Citation

  • Zangeneh, Fatemeh & Kiani, Ali & Sabbaghian, Ali, 2017. "Investigating the Effect of Dividend Payments on the Economic Value Added of Companies Listed in Tehran Stock Exchange," SocArXiv 7ne3k, Center for Open Science.
    • Handle: RePEc:osf:socarx:7ne3k
    DOI: 10.31219/osf.io/7ne3k
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    References listed on IDEAS

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    1. Haw, In-Mu & Qi, Daqing & Wu, Woody, 2001. "The nature of information in accruals and cash flows in an emerging capital market: The case of China," The International Journal of Accounting, Elsevier, vol. 36(4), pages 391-406, 012.
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