The Constraints of interest management and market reactions to exchange unexpected interests at Tehran stock exchange.

At this article, the effect of important factors have been studied an interest management constraints and market reactions to unexpected interests at Tehran stock papers. Because of gaining mentioned goal and answer to research questions, four hypotheses have been codified. For testing of the project hypothesis, we have used the multi-factors regression analysis and financial data of sample of 89 firms between 2001-2010 years. The project findings show baht percent of unusual yield in comparison to positive unexpected interest for firms with interest management constraints is more that firms with flexibility at interest management it s contrary at negative unexpected interest. The investors show more confidence to reports and statements of interest of inflexible companies of management.

کلیدواژه ها:

interest management constraints ، unexpected interests ، unusual yield ، unfeasible firms ، firms what flexibility at interest management