The influence of economic and market added values on financial performance of the firms listed in Tehran Stock Exchange

Economic added value and market added value are among the criteria for evaluating performance of management. The current researcher-based study has been done through selecting and investigating 50 top active food industrial companies listed in Tehran Exchange in a 5-year period. In the present research, while accounting for performance evaluation index theoretically, those indices have been tested, necessary evidence has been presented in order to assist capital market activists and evaluate performance of agencies logically for making decisions. Findings indicate that economic added value and market added value affect stock returns and correlation between economic added value and returns on shares is higher