Testing of the relationship between accounting variables and structural indicators of stock market

This paper is examines the relationship between accounting variables (Earning، Dividend and Book value per share & Cash from Operation) and structured indicators (market price variations & market valume) in Tehran Stock Exchange. To review and test the relationship between the variables، 10-years datas of 165 companies listed in Tehran Stock Exchange between 1380 and 1389، has been studied. The panel data model was used for statistical analysis and the research hypothesis has been tested by the seemingly unrelated regressions (SURE) with using F and t tests. The results indicate that there is a significant relationship between changes in the earnings and cash earnings per share and the trading volume and volatility of the market price.