Investigate the relationship between Economic Value Added with leverage ratio and profitability of petrochemical companies listed on the Tehran Stock Exchange

Development in different fields, which has led the past not apply and have to follow a set of new ways toanalyze the data. In financial management because of the progress that has been made in recent decades.To forecast the company s profitability and performance evaluation criteria traditionally used. It seems tooffer a new way to assess performance, such as economic value added by the Institute of Stern Stewartsaw the gradual replacement Rather than the traditional criteria for performance evaluation and theanalysis of financial statements. This study is a cross-sectional. The study population consisted of allpetrochemical companies listed on the Tehran Stock Exchange, includes 14 companies, in 2008 to 2013.In this study, analysis of documents selected companies, including the financial statements and notes isattached is used. Software for data collection, application processor manages the Trading System StockExchange used to be abundant. The results showed that by increasing the leverage ratio, reducedeconomic value. It can be concluded that there is a relationship between economic value and leverageratio.

کلیدواژه ها:

Economic Value Added ، Leverage Ratio ، Profitability