The relationship between economic value added (EVA) and cash holdings of listed companies in Tehran Stock Exchange

In the present study, the effect of economic value added on the level of cash holding and stock market value of stock exchange companies from 2009 to 2014 has been investigated. The research method is applied in terms of purpose and is post-event causal and descriptive-correlational. The statistical population of this research is 150 companies listed on the Tehran Stock Exchange. In order to collect information, accounting software, the site of Tehran Stock Exchange and Securities Organization were used. In order to analyze the data, data panel method and multiple linear regression were used using Eviews software. The results showed that there is a negative relationship between economic value added and the level of cash holding. There is also a positive relationship between economic value added and stock market value. In the present study, the effect of economic value added on the level of cash holding and stock market value of stock exchange companies from 2009 to 2014 has been investigated. The research method is applied in terms of purpose and is post-event causal and descriptive-correlational. The statistical population of this research is 150 companies listed on the Tehran Stock Exchange. In order to collect information, accounting software, the site of Tehran Stock Exchange and Securities Organization were used. In order to analyze the data, data panel method and multiple linear regression were used using Eviews software. The results showed that there is a negative relationship between economic value added and the level of cash holding. There is also a positive relationship between economic value added and stock market value.