Accounting and Auditing Research

Accounting and Auditing Research

Determining the Relationship between QToobin Ratio and Dividend per Share Criteria for Listed Companies in the Tehran Security Exchange

Document Type : Original Article

Authors
Seyed Mohammadreza Raeiszade 1
Ebrahim Mohseni 2
Omid Abdollahi 3
1 Assistant Professor of Azad University, Chalous Branch
2 Allameh Mohades Nouri Institute of Higher Education
3 Payam – e – Noor University, Behshahr Branch
10.22034/iaar.2012.104690
Abstract
In today's world the companies can will benefit owners of more benefit to the best of the asset management deal.This case requires information about the company's actual performance. In this regard, appropriate measures should be used to achieve this goal. The relationship between Tobin Q ratio and the dividend per share to be named. This study examines the relationship between the Tobin Q ratio and dividend per share in the profits of companies listed in Tehran Stock Exchange deal. In this study, 100 companies listed in Tehran Stock Exchange in the period 1382 -1388 have been reviewed. The results of these tests are a test used in this study shows that the Spearman correlation coefficient between the Tobin Q ratio and the dividend per share is positively and significantly and Tobin Q ratio of dividend per share of the profits instead of replacing possibility there. In this study, Mann-Whitney test was used to determine significant differences.
Keywords
QToobin Ratio
Dividend per Share
performance Measurement
Accounting and Auditing Research
Volume 4, Issue 14
Summer 2012
Pages 134-150