نوع مقاله : مقاله پژوهشی
نویسندگان
1 عضو هیئت علمی دانشگاه افسری و تربیت پاسداری امام حسین(ع)
2 کارشناسی ارشد مدیریت مالی دانشگاه آزاد اسالمی، واحد تهران شمال
چکیده
کلیدواژهها
عنوان مقاله [English]
نویسندگان [English]
In this research, the effect of investor sentiments on asset returns and
cash flows has been investigated and tested. In order to investigate this
issue, two hypotheses have been designed. Multivariate regression
models based on combined data and fixed effects method have been
used to test the hypothesis. According to the screening pattern and the
systematic elimination method, the statistical population of the research
includes 160 companies admitted to the Tehran Stock Exchange and in
a period of 6 years from the beginning of 2015 to the end of 2020. The
evidence obtained from the fitting of the model related to the test of the
research hypothesis shows that the investor's emotions have a reverse
and significant effect on asset returns and has a direct and significant
effect on cash flows
کلیدواژهها [English]
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