Capital Market Response to Strategic Analysis in Organization Management (Case Study: User and Capital Companies)

Purpose: This study investigated market reactions to business strategies in capital and user companies. Methodology: The study's statistical population consisted of all companies listed on the Tehran Stock Exchange between 2010 and 2019. The sample is Equals 147 companies using the systematic e...

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Main Author: Vahid Bekhradi Nasab
Format: Article
Language:fas
Published: Ayandegan Institute of Higher Education, Tonekabon, 2021-05-01
Series:مدیریت نوآوری و راهبردهای عملیاتی
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Online Access:http://www.journal-imos.ir/article_130957_a4e3f651918452034e42dc28217640bc.pdf
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author Vahid Bekhradi Nasab
author_facet Vahid Bekhradi Nasab
author_sort Vahid Bekhradi Nasab
collection DOAJ
description Purpose: This study investigated market reactions to business strategies in capital and user companies. Methodology: The study's statistical population consisted of all companies listed on the Tehran Stock Exchange between 2010 and 2019. The sample is Equals 147 companies using the systematic elimination method. However, with the aim of the research, the effect of business strategies on the market reaction to the announcement of earnings in capital companies relative to the companies of the company, therefore, by applying the sample criteria to the two groups of capital companies and users (111 Capital company and 36 user companies and a total of 1176 companies-year). The research method was performed using multiple regression with the panel data approach after running the precondition of comparing two independent samples. Findings: The results show that by adopting cost leadership strategies in capital companies, earnings announcements are reduced to user companies, and earnings announcements are increased by adopting distinct strategies in capital companies compared to user companies. Originality/Value: The best business strategy for user companies is cost leadership, and capital companies are the product and product differentiation strategy. The timing of these two strategies in the manufacturing industry will cause a reversal of capital loss and lead to an earnings announcement.
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institution Kabale University
issn 2783-1345
2717-4581
language fas
publishDate 2021-05-01
publisher Ayandegan Institute of Higher Education, Tonekabon,
record_format Article
series مدیریت نوآوری و راهبردهای عملیاتی
spelling doaj-art-2af0237917624636a32b956947fe21af2025-01-30T14:59:27ZfasAyandegan Institute of Higher Education, Tonekabon,مدیریت نوآوری و راهبردهای عملیاتی2783-13452717-45812021-05-0121647810.22105/imos.2021.281194.1055130957Capital Market Response to Strategic Analysis in Organization Management (Case Study: User and Capital Companies)Vahid Bekhradi Nasab0Department of accounting, Najaf Abad branch, Islamic Azad Univercity, Najaf Abad, IranPurpose: This study investigated market reactions to business strategies in capital and user companies. Methodology: The study's statistical population consisted of all companies listed on the Tehran Stock Exchange between 2010 and 2019. The sample is Equals 147 companies using the systematic elimination method. However, with the aim of the research, the effect of business strategies on the market reaction to the announcement of earnings in capital companies relative to the companies of the company, therefore, by applying the sample criteria to the two groups of capital companies and users (111 Capital company and 36 user companies and a total of 1176 companies-year). The research method was performed using multiple regression with the panel data approach after running the precondition of comparing two independent samples. Findings: The results show that by adopting cost leadership strategies in capital companies, earnings announcements are reduced to user companies, and earnings announcements are increased by adopting distinct strategies in capital companies compared to user companies. Originality/Value: The best business strategy for user companies is cost leadership, and capital companies are the product and product differentiation strategy. The timing of these two strategies in the manufacturing industry will cause a reversal of capital loss and lead to an earnings announcement.http://www.journal-imos.ir/article_130957_a4e3f651918452034e42dc28217640bc.pdfmarket responseorganization's strategyuser companiescapital companies
spellingShingle Vahid Bekhradi Nasab
Capital Market Response to Strategic Analysis in Organization Management (Case Study: User and Capital Companies)
مدیریت نوآوری و راهبردهای عملیاتی
market response
organization's strategy
user companies
capital companies
title Capital Market Response to Strategic Analysis in Organization Management (Case Study: User and Capital Companies)
title_full Capital Market Response to Strategic Analysis in Organization Management (Case Study: User and Capital Companies)
title_fullStr Capital Market Response to Strategic Analysis in Organization Management (Case Study: User and Capital Companies)
title_full_unstemmed Capital Market Response to Strategic Analysis in Organization Management (Case Study: User and Capital Companies)
title_short Capital Market Response to Strategic Analysis in Organization Management (Case Study: User and Capital Companies)
title_sort capital market response to strategic analysis in organization management case study user and capital companies
topic market response
organization's strategy
user companies
capital companies
url http://www.journal-imos.ir/article_130957_a4e3f651918452034e42dc28217640bc.pdf
work_keys_str_mv AT vahidbekhradinasab capitalmarketresponsetostrategicanalysisinorganizationmanagementcasestudyuserandcapitalcompanies