A study of level of business risk effect on the price of the shares ofcompanies listed in Tehran Stock Exchange Market (Borse) in FoodTechnology, Chemistry & Cement Industries

In this research, the level of business risk effect on the price of the sharesof companies listed in Tehran Stock Exchange Market (Bourse) has beeninvestigated and explained in Food Technology, Chemistry and CementIndustries. For calculation of business risk of companies based on JonesResearch, some indexes have been used for its evaluation. The relation ofbusiness risk indexes with share price has been studied by correlation,partial correlation and regression tests. The results indicate that DPS, ROIand turnover of goods inventory have the most effect on dependent variable(share price), respectively, among the independent variables of research;furthermore, for investigation of the relation of each of independentvariables on dependent variables, the other business risk variables havebeen controlled and the results indicate that by controlling other variables,the relation of DPS, EPS and turnover of goods inventory variables havemeaning with share price.