The study of comparative analytic information Refined Economic Value Added & Cash Value Added with operational profit & operational cash flow with annual Retuen stock in Tehran stock exchanges

The aim this research is study of analytic and additive comparative Refined Economic Value Added & Cash Value Added with operational profit & operational cash flow with annual Retuen stock in Tehran stock exchanges of operations in order to assess the performance of managers will be evaluated. The number of companies listed on the stock exchange in the period from which data for a period of 5 years (2009-2013) were the statistical analysis that removes systematic sampling, 103 companies were selected and To analyze and test hypotheses using statistical methods to evaluate the hypothesis of Pearson correlation and regression univariate and to assess the impact of each, by using analysis of variance using Eviews software is used. Result demonstract that is a no significant relationship between independent variables of the research Refined Economic Value Added, cash Value Added, operational profit and operational cash flow effect on dependent variables Annual Return stock. Due to the lack dependent variable explained by the independent variables seem variables, indicators are not suitable for assessing stock returns, so investors should use to measure stock returns of other criteria.

Keywords:

REVA , CVA , operational profit , operational cash flow & Return stock