Fluctuations in oil prices a major factor in many of the economic crisis in the oil exporting and importing countries.Stock exchange is one of the main components of the financial markets is that economic growth and development role in the country. The aim of this research reviews the impact of oil price fluctuations on abnormal stock returns of companies accepted in tehran stock exchange is structured using vector error correction model in this study using screening techniques, during 1388-1392, 96 companies from accepted in tehran stock exchange is selected. The research of the type of applied research and is the target of the kind of descriptive research that practices solidarity. After collecting the data, the variables are calculated and then using panel data regression model and random effects model to examine relationships between variables was investigated. Hypothesis test results indicate that oil price fluctuations and abnormal stock returns of companies tehran stock exchange has a significant relationship
Moghadam, A., & Vahed Moghadam, H. (2016). Effects of oil price fluctuations on abnormal stock returns companies accepted in tehran stock exchange. Accounting and Auditing Research, 8(29), 22-41. doi: 10.22034/iaar.2016.99188
MLA
Abdolkarim Moghadam; Hossein Vahed Moghadam. "Effects of oil price fluctuations on abnormal stock returns companies accepted in tehran stock exchange". Accounting and Auditing Research, 8, 29, 2016, 22-41. doi: 10.22034/iaar.2016.99188
HARVARD
Moghadam, A., Vahed Moghadam, H. (2016). 'Effects of oil price fluctuations on abnormal stock returns companies accepted in tehran stock exchange', Accounting and Auditing Research, 8(29), pp. 22-41. doi: 10.22034/iaar.2016.99188
VANCOUVER
Moghadam, A., Vahed Moghadam, H. Effects of oil price fluctuations on abnormal stock returns companies accepted in tehran stock exchange. Accounting and Auditing Research, 2016; 8(29): 22-41. doi: 10.22034/iaar.2016.99188
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