Journal of Accounting and Management Vision

Journal of Accounting and Management Vision

Investigating the relationship between Stock Price Informativeness and Managerial Inefficiency in companies listed on the Tehran Stock Exchange

Document Type : Original Article

Authors
alireza mola mohamad agh bolaghi 1
mohamad ali sari 2
abdollah hoseinzadeh 3
1 MSc. Student,, Mashhad Branch, Islamic Azad University, Mashhad, Iran.
2 , Asistant Professor ,Accounting, Department, Mashhad Branch, Islamic Azad University, Mashhad, Iran
3 Asistant Professor in Accounting, Mashhad Branch, Islamic Azad University, Mashhad, Iran
Abstract
This study examines the relationship between stock price awareness and management inefficiency in companies listed on the Tehran Stock Exchange based on capital market evidence. This study is an applied study in terms of its purpose and is considered a descriptive-correlational study. The research data for a 10-year period (2013 to 2023) are collected from the audited financial statements of companies listed on the Tehran Stock Exchange and in some cases using Rahavard Novin information software that contains Tehran capital market data. After a comprehensive review of the availability of their information after collection, the information of 181 companies was processed and analyzed using appropriate descriptive statistical methods as well as inferential statistical methods to identify the type of composite data and using R statistical software. Based on the analysis, the results of the hypothesis test at an expected error level of five percent showed that there is a significant relationship between stock price awareness and management inefficiency.
Keywords
Stock Price
Stock Price Informativeness
Managerial Inefficiency

Subjects