Impact of Future Contracts in Currency Rate and Interest Rate on Financial Approach in Corporations of Accepted in Tehran Stock Exchange

Authors

  • Ali Asghar Azad
  • Mostafa MansouriKhah

DOI:

https://doi.org/10.9756/IAJAFM/V6I1/1910012

Keywords:

Future Contracts of Currency Rate, Future Contracts of Interest Rate, Financial Approach, Tehran Stock Exchange

Abstract

This study has done to evaluate the impact of future contracts of currency rate and interest rate on
financial approach in Corporations of Accepted in Tehran Stock Exchange. The Statistical population in
this study consists of an unlimited number of investors and 384 investors in Corporations of Accepted in
Tehran Stock Exchange. As sample using Cochran formula and simple random sampling were selected.
Questionnaires were used to collect data analytical applications using Pearson correlation and structural
equation modeling were analyzed. Questionnaire reliability calculated by Cronbach's alpha coefficient
and for futures contractual and behavioral questionnaire and finance approach was 0.823, 0.801 and
0.719. All assumptions were confirmed at the level of 95 percent and the results showed that future
contracts of currency rate and interest rate have a significant impact on financial approach and futures
contract of interest rate in the first rank and futures contract of currency rate in second rank has been
located and it impacts on behavioral-finance approach.

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Published

2019-06-13

Issue

Section

Articles

How to Cite

Azad, A. A., & MansouriKhah, M. (2019). Impact of Future Contracts in Currency Rate and Interest Rate on Financial Approach in Corporations of Accepted in Tehran Stock Exchange. International Academic Journal of Accounting and Financial Management, 6(1), 131-138. https://doi.org/10.9756/IAJAFM/V6I1/1910012