1
Department of Management, Economics and Accounting, PNU University
2
. M.A. in Acounting
3
M.A. in Acounting
Abstract
The main purpose of the study was to survey the relationship between the operational profit and operational cash flow, and abnormal returns of the accepted companies' stock in Tehran stock exchange. To do so, it was analyzed a sample consisted of 36 companies among newly entered ones in Tehran stock exchange during 2006 to 2013. The results indicated that there is a positive and significant relationship between the operational profit and abnormal returns of stock in IPO; and, there is a weak relationship between the operational cash flow and abnormal returns of stock in IPO
Yamrali, O. , Aliyani Nezhad, A. and Hivehchi, E. (2014). The Relationship between the Operational Profit, Operational Cash Flow and Abnormal Returns of Initial Public Offering in Tehran Stock Exchange. New Researches on Accounting, 2(5), 23-31.
MLA
Yamrali, O. , , Aliyani Nezhad, A. , and Hivehchi, E. . "The Relationship between the Operational Profit, Operational Cash Flow and Abnormal Returns of Initial Public Offering in Tehran Stock Exchange", New Researches on Accounting, 2, 5, 2014, 23-31.
HARVARD
Yamrali, O., Aliyani Nezhad, A., Hivehchi, E. (2014). 'The Relationship between the Operational Profit, Operational Cash Flow and Abnormal Returns of Initial Public Offering in Tehran Stock Exchange', New Researches on Accounting, 2(5), pp. 23-31.
CHICAGO
O. Yamrali , A. Aliyani Nezhad and E. Hivehchi, "The Relationship between the Operational Profit, Operational Cash Flow and Abnormal Returns of Initial Public Offering in Tehran Stock Exchange," New Researches on Accounting, 2 5 (2014): 23-31,
VANCOUVER
Yamrali, O., Aliyani Nezhad, A., Hivehchi, E. The Relationship between the Operational Profit, Operational Cash Flow and Abnormal Returns of Initial Public Offering in Tehran Stock Exchange. New Researches on Accounting, 2014; 2(5): 23-31.