The Use of Artificial Neural Networks for Quantifying the Relative Importance of the Firms’ Performance Determinants

Gholamhossein MAHDAVİ; Mohammad Sadeghzadeh MAHARLUİE; Ahmad SHOKROLAHİ

Makale detayları

The Use of Artificial Neural Networks for Quantifying the Relative Importance of the Firms’ Performance Determinants

Yazarlar:

Gholamhossein MAHDAVİ | Mohammad Sadeghzadeh MAHARLUİE | Ahmad SHOKROLAHİ

Yayıncı:

İlhan ÖZTÜRK

Dergi:

International Journal of Economics and Financial Issues 2017 Vol.7 Issue 3, pp.119-127

Belge Tipi:

Makale

Yayın Tarihi:

8/2017

Belge Dili:

Türkçe

Document ID (Org No.):

2000811583

Sıklık:

İki Aylık

eISSN:

2146-4138

Özet:

 

Performance is the outcome of all plans and decisions of a company. It shows the ways companies are governed. Consequently, determining the relative importance of factors influencing the Performance is important. Therefore, in this study, seven independent variables were determined based on the literature. Then, the significant variables were chosen using the Pearson’s correlation test. Finally, an artificial neural network was designed to investigate the relative importance of the determinants. In total, 1340 company-year data were collected from Tehran Stock Exchange (TSE) from 2001 to 2010. The research results revealed that institutional ownership concentration is the most important factor which is followed by state ownership, and managerial stock ownership. Debt policy and firm size are ranked in lower position.

Makale detayları

The Use of Artificial Neural Networks for Quantifying the Relative Importance of the Firms’ Performance Determinants

Yazarlar: Gholamhossein MAHDAVİ | Mohammad Sadeghzadeh MAHARLUİE | Ahmad SHOKROLAHİ

Yayıncı: İlhan ÖZTÜRK

Dergi: International Journal of Economics and Financial Issues 2017 Vol.7 Issue 3, pp.119-127

Belge Tipi: Makale

Yayın Tarihi: 8/2017

Belge Dili: Türkçe

Document ID (Org No.): 2000811583

Sıklık: İki Aylık

eISSN: 2146-4138

Sayı

Yazarlar:

Gholamhossein MAHDAVİ | Mohammad Sadeghzadeh MAHARLUİE | Ahmad SHOKROLAHİ

Yayıncı:

İlhan ÖZTÜRK

Dergi:

International Journal of Economics and Financial Issues 2017 Vol.7 Issue 3, pp.119-127

Belge Tipi:

Makale

Yayın Tarihi:

8/2017

Belge Dili:

Türkçe

Document ID (Org No.):

2000811583

Sıklık:

İki Aylık

eISSN:

2146-4138