Hajiabbasi, M., et al. "Comparison of information content value creation measures (EVA, REVA, MVA, SVA, CSV and CVA) and accounting measures (ROA, ROE, EPS, CFO) in predicting the Shareholder Return (SR) Evidence from Iran Stock Exchange

The aim of this article is to use of the creation value measures and accounting measures in predicting shareholder return in the Tehran Stock Exchange. This research was conducted using secondary data sourced for the period 2007-2011. The sample included listed firms 76 Iran Stock Exchange. Also ten hypotheses have been provided for this study. Every hypothesis examined the relationship between accounting measures and creation value measures with SR. Spearman's correlation coefficient test has been used for examining research hypotheses and multiple regression techniques have been applied for testing significance of research hypotheses. The Research results indicate that there is not significant relationship between creation value measures of EVA, REVA, MVA, SVA and CVA and accounting measures of ROE, EPS and CFO with shareholder return (SR), while there is a significant relationship of positive between CSV with SR, also there is a significant relationship of negative between accounting measure of ROA with SR. Generally the results showed that CSV is more correlated.

Accounting measures, creation value measures, Shareholder Return