Relative and Incremental Information Content of Cash Recovery- based Internal Rate of Return Vs. Return On Assets in The Listed Companies in Tehran Stock Exchange

This study examines information content of Cash Recovery- based Internal Rate of Return (CRBIRR) and Return on Assets (ROA) to determine the validity and accuracy each of the measures in Iran stock market. In order to answer this question, Tobin’s Q and stock returns are used as performance benchmar...

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Autores principales:	Abdullah Khani, Majid Haghighi
Formato:	article
Lenguaje:	FA
Publicado:	Shahid Bahonar University of Kerman 2012
Materias:	keywords: relative and incremental information content cash recovery rate rate of return on stock tobin’s q return on assets Accounting. Bookkeeping HF5601-5689
Acceso en línea:	https://doaj.org/article/aea3bd5adddc4bd097dfdf58cca20240
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spelling	oai:doaj.org-article:aea3bd5adddc4bd097dfdf58cca202402021-11-04T19:42:36ZRelative and Incremental Information Content of Cash Recovery- based Internal Rate of Return Vs. Return On Assets in The Listed Companies in Tehran Stock Exchange2008-89142476-292X10.22103/jak.2012.445https://doaj.org/article/aea3bd5adddc4bd097dfdf58cca202402012-11-01T00:00:00Zhttps://jak.uk.ac.ir/article_445_ab90c44e345e9b7b168b199c52993bcf.pdfhttps://doaj.org/toc/2008-8914https://doaj.org/toc/2476-292XThis study examines information content of Cash Recovery- based Internal Rate of Return (CRBIRR) and Return on Assets (ROA) to determine the validity and accuracy each of the measures in Iran stock market. In order to answer this question, Tobin’s Q and stock returns are used as performance benchmarks and was tested these two measures based on CRBIRR and ROA, using the multivariate regression model. Financial information is based on a sample consisting of companies listed in TSE (540 firm/year observations) during years 2004-2009. Results indicate that CRBIRR provides better relative and incremental information content than ROA.Abdullah KhaniMajid HaghighiShahid Bahonar University of Kermanarticlekeywords: relative and incremental information contentcash recovery raterate of return on stocktobin’s qreturn on assetsAccounting. BookkeepingHF5601-5689FAمجله دانش حسابداری, Vol 3, Iss 10, Pp 71-92 (2012)
institution	DOAJ
collection	DOAJ
language	FA
topic	keywords: relative and incremental information content cash recovery rate rate of return on stock tobin’s q return on assets Accounting. Bookkeeping HF5601-5689
spellingShingle	keywords: relative and incremental information content cash recovery rate rate of return on stock tobin’s q return on assets Accounting. Bookkeeping HF5601-5689 Abdullah Khani Majid Haghighi Relative and Incremental Information Content of Cash Recovery- based Internal Rate of Return Vs. Return On Assets in The Listed Companies in Tehran Stock Exchange
description	This study examines information content of Cash Recovery- based Internal Rate of Return (CRBIRR) and Return on Assets (ROA) to determine the validity and accuracy each of the measures in Iran stock market. In order to answer this question, Tobin’s Q and stock returns are used as performance benchmarks and was tested these two measures based on CRBIRR and ROA, using the multivariate regression model. Financial information is based on a sample consisting of companies listed in TSE (540 firm/year observations) during years 2004-2009. Results indicate that CRBIRR provides better relative and incremental information content than ROA.
format	article
author	Abdullah Khani Majid Haghighi
author_facet	Abdullah Khani Majid Haghighi
author_sort	Abdullah Khani
title	Relative and Incremental Information Content of Cash Recovery- based Internal Rate of Return Vs. Return On Assets in The Listed Companies in Tehran Stock Exchange
title_short	Relative and Incremental Information Content of Cash Recovery- based Internal Rate of Return Vs. Return On Assets in The Listed Companies in Tehran Stock Exchange
title_full	Relative and Incremental Information Content of Cash Recovery- based Internal Rate of Return Vs. Return On Assets in The Listed Companies in Tehran Stock Exchange
title_fullStr	Relative and Incremental Information Content of Cash Recovery- based Internal Rate of Return Vs. Return On Assets in The Listed Companies in Tehran Stock Exchange
title_full_unstemmed	Relative and Incremental Information Content of Cash Recovery- based Internal Rate of Return Vs. Return On Assets in The Listed Companies in Tehran Stock Exchange
title_sort	relative and incremental information content of cash recovery- based internal rate of return vs. return on assets in the listed companies in tehran stock exchange
publisher	Shahid Bahonar University of Kerman
publishDate	2012
url	https://doaj.org/article/aea3bd5adddc4bd097dfdf58cca20240
work_keys_str_mv	AT abdullahkhani relativeandincrementalinformationcontentofcashrecoverybasedinternalrateofreturnvsreturnonassetsinthelistedcompaniesintehranstockexchange AT majidhaghighi relativeandincrementalinformationcontentofcashrecoverybasedinternalrateofreturnvsreturnonassetsinthelistedcompaniesintehranstockexchange
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Relative and Incremental Information Content of Cash Recovery- based Internal Rate of Return Vs. Return On Assets in The Listed Companies in Tehran Stock Exchange

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