The internal rate of return (IRR) is generally considered inferior to the net present value (NPV) as a tool for evaluating and ranking projects, despite its inherently useful comparability to the cost of capital and the return of other investment opportunities. We introduce the ‘‘selective IRR’’, a return criterion which, as a selection of an extended set of possible IRRs, is NPV-consistent. Th...

the purpose of this study is to investigate the relationshipbetween the mutual funds flows and the return of stock index using 65mutual funds in the period of 2008 to 2011.in this study, the dailychanges of the total number of units of mutual funds and the changesof the total values of units of mutual funds were considered as acriteria for the net of mutual funds flows. the results of johansen ...

there are several methods for measuring the performance and value of a company. these are, earnings per share, earnings growth rate, dividend per share, rate of return on equity and free cash flow. the purpose of this article is to show that all these criteria have some deficiencies and will introduce a new criterion called economic value added (eva). eva is computed by subtracting capital char...

various researches have been carried out about benefits of accounting information and their influence on decision making of financial statements users. for example, many researches have examined the relationship between accounting variables and stock returns or stock price. this study determines and compares the relative and incremental content of accounting variables, too. for this purpose, th...

the relationship between financial ratios and stock return has been studied in many researches and the presence of income smoothing in tehran stock exchange (tse) has been verified. because of importance of financial reports in predicting and decision making process, income smoothing would be a critical factor in this area. in this paper, the income smoothing impact on relationship between fina...

Results: The study showed wide variation across different farm sizes with respect to total economic cost and net return per 100 lb (45.4 kg) of live hog produced. The total economic cost was negatively correlated (r = -.318, P = .016) and net return was positively correlated (r = .336, P = .011) with farm size. The average net return for large herds (> 75 sows) was higher (P =.003) than for sma...

the study on gender and net farm income of cassava-based farmers under individual land tenure system was done in abia state of nigeria. the main objective was to determine the net farm income (nfi) and the benefit cost ratio (bcr) of the cassava farmers by gender vis-aviz their income levels as well as food security in the state. a multi-stage random sampling technique was adopted while data we...

The study on gender and net farm income of cassava-based farmers under individual land tenure system was done in Abia State of Nigeria. The main objective was to determine the Net Farm Income (NFI) and the Benefit Cost Ratio (BCR) of the cassava farmers by gender vis-aviz their income levels as well as food security in the state. A multi-stage random sampling technique was adopted while data we...