Accounting and Auditing Review

Accounting and Auditing Review

An Investigation of theInfluence of Key Financial and Economic Indicators on Profitability (Evidence from Stock Exchange Organization of Tehran)

Authors
Ahmad Ahmadpour
Mojtaba Ebrahimpour
10.22059/acctgrev.2013.25032
Abstract
For any business concern the net profit or bottom line for a particular time period is the end result of its investing, financing and operating activities. These activities can be visualized as being influenced by management’s decisions and a host of internal and external environmental factors. This study analyzes the An Investigation of The Influence of Key Financial And Economic Indicators on Profitability of firms for a sample of 64 Iran companies listed in Tehran Stock Exchange (In sectors of Manufacture of parts and accessories for motor vehicles and their engines, Manufacture of pharmaceuticals and Manufacture of basic chemicals) for a period of 5 years from 1384-1388.
Overall results indicate that there is a significance relationship between and profitability, financial leverage and profitability, sales growth and profitability and average stock price and profitability. But isnot a significance relationship between liquidity and profitability
Keywords
Average Stock Price
Financial Leverage
liquidity
Profitability.
sales growth