A Study of the Relationship between Significant Macro Economical Variables and Important Accounting Variables

Document Type : Research Paper

Authors

Abstract
In this article we have tried to consider the relation between four important macro-economic variables including: GDP (excluding petroleum), petroleum revenue, investment in the section of structuring and inflation with three majors accounting variables including: net operational profit margin ratio, rate of return on asset and  return  on  owner's  equity  since  1376 up  to  1385 in Tehran Stock Exchange Market.
Due to high correlation among three economic variables (GDP, petroleum revenue and investment in structuring) for testing the hypotheses, factor analysis has been applied and used.

  • Receive Date 06 December 2008
  • Revise Date 28 December 2008
  • Accept Date 15 March 2009