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Review the Relationship between Stock Prices and Ownership Concentration the Information Asymmetry of Listed Companies in Tehran Stock Exchange
| Content Provider | Semantic Scholar |
|---|---|
| Author | Abarghoee, Yaser Akrami Bidokhti, Abbas Taleb Mahmoudabadi, Hamid Khajeh |
| Copyright Year | 2016 |
| Abstract | In the meantime people according to criteria as well as information that buy and sell stocks. In the meantime people according to criteria as well as information that buy and sell stocks. If this information for buyers and sellers of information asymmetry occurs not at a level that eventually led to the valuation of wrong companies. One of the ways that can affect the asymmetry of information, the disclosure voluntary Internet-based information that is very necessary recognition. The main objective of this study was to investigate the relationship between disclosure and information asymmetry is online. In order to achieve the objectives of the study were tow hypotheses. In order to test this hypothesis on a sample of listed companies in Tehran Stock Exchange during the years 2009 to 2013 have been selected. In this study benchmarks to measure information asymmetry bid and sell used. stock price and the concentration of ownership, the variables are treated as independent. In the present study variables and financial leverage is also considered as control variables. For hypothesis testing, multivariate regression was used to panel data. Data analysis and hypothesis testing results of the study show that between concentration of ownership on the one hand and information asymmetry on the other hand there is a significant relationship. In addition, these results suggest that the volatility of stock prices and stock prices there is no significant relationship with asymmetric information. |
| Starting Page | 8 |
| Ending Page | 13 |
| Page Count | 6 |
| File Format | PDF HTM / HTML |
| Volume Number | 3 |
| Alternate Webpage(s) | http://www.scijour.com/page/download-ApukA_gOS0Y.artdl |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |