The Effect of Accounting Variables Driving Risk on Abnormal Stock Returns

The Effect of Accounting Variables Driving Risk on Abnormal Stock Returns

Blog Article

Building Set This study is aimed to investigate the effect of accounting variables driving risk on abnormal stock returns of firms listed in the Tehran Stock Exchange.The sample consists of 98 firms during the period from 2010 to 2015.The data collected is analyzed using the software Eviews7.The results indicate that asset turnover deviation, margin deviation and average financial leverage have a relation to abnormal Pre-Rolled returns; however, average operating debt leverage has no relation to abnormal returns.