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Dutch Journal of Finance and Management

The Effect of Adjustment Announcement of Predicted Profit on Price and Trading Volume of Listed Companies in Tehran Stock Exchange
Majid Pakdel 1, Abbbas Talebbeydokhti 2 *
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1 Department of Management, International Qeshm Branch, Islamic Azad University, Qeshm Branch, Qeshm, IRAN
2 Assistant Professor of Financial Management, Department of Management, International Qeshm Branch, Islamic Azad University, Qeshm Branch, Qeshm, IRAN
* Corresponding Author
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Research Article

Dutch Journal of Finance and Management, 2018 - Volume 2 Issue 1, Article No: 49
https://doi.org/10.29333/djfm/5825

Published Online: 30 May 2018

Views: 3655 | Downloads: 3570

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How to cite this article
APA 6th edition
In-text citation: (Pakdel & Talebbeydokhti, 2018)
Reference: Pakdel, M., & Talebbeydokhti, A. (2018). The Effect of Adjustment Announcement of Predicted Profit on Price and Trading Volume of Listed Companies in Tehran Stock Exchange. Dutch Journal of Finance and Management, 2(1), 49. https://doi.org/10.29333/djfm/5825
Vancouver
In-text citation: (1), (2), (3), etc.
Reference: Pakdel M, Talebbeydokhti A. The Effect of Adjustment Announcement of Predicted Profit on Price and Trading Volume of Listed Companies in Tehran Stock Exchange. Dutch Journal of Finance and Management. 2018;2(1):49. https://doi.org/10.29333/djfm/5825
AMA 10th edition
In-text citation: (1), (2), (3), etc.
Reference: Pakdel M, Talebbeydokhti A. The Effect of Adjustment Announcement of Predicted Profit on Price and Trading Volume of Listed Companies in Tehran Stock Exchange. Dutch Journal of Finance and Management. 2018;2(1), 49. https://doi.org/10.29333/djfm/5825
Chicago
In-text citation: (Pakdel and Talebbeydokhti, 2018)
Reference: Pakdel, Majid, and Abbbas Talebbeydokhti. "The Effect of Adjustment Announcement of Predicted Profit on Price and Trading Volume of Listed Companies in Tehran Stock Exchange". Dutch Journal of Finance and Management 2018 2 no. 1 (2018): 49. https://doi.org/10.29333/djfm/5825
Harvard
In-text citation: (Pakdel and Talebbeydokhti, 2018)
Reference: Pakdel, M., and Talebbeydokhti, A. (2018). The Effect of Adjustment Announcement of Predicted Profit on Price and Trading Volume of Listed Companies in Tehran Stock Exchange. Dutch Journal of Finance and Management, 2(1), 49. https://doi.org/10.29333/djfm/5825
MLA
In-text citation: (Pakdel and Talebbeydokhti, 2018)
Reference: Pakdel, Majid et al. "The Effect of Adjustment Announcement of Predicted Profit on Price and Trading Volume of Listed Companies in Tehran Stock Exchange". Dutch Journal of Finance and Management, vol. 2, no. 1, 2018, 49. https://doi.org/10.29333/djfm/5825
ABSTRACT
This study investigated the effect of adjustment announcement of predicted profit on price and stocks trading volume of listed companies in Tehran Stock Exchange, in order to determine whether the declaration of adjusted earnings forecast have effect on the two parameters of price and trading volume of the stock or not. In other words, do the declaration adjusted earnings forecast have information content? Therefore, after review of literature collection and formulating hypotheses, data of studied companies was collected and prepared by researchers and eventually the hypotheses were used by econometric models and descriptive statistics and using the Ewies software. The results showed that there was a significant relationship between the amount of the dividend announcement and the date of the announcement; also, there was a significant relationship between the announcement date and the amount of profit with a turnover. So, the announcement of adjusted predicted profit has effect on the stock price and trading volume of stocks.
KEYWORDS
adjusted predicted profit stock price trading volume of stocks
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