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European Journal of Economic and Financial Research ISSN: 2501-9430 ISSN-L: 2501-9430 Available on-line at: http://www.oapub.org/soc Volume 2 │ Issue 3 │ 2017 doi: 10.5281/zenodo.824209 FACTORS AFFECTING THE VALUE OF BANK SHARES IN TEHRAN STOCK EXCHANGE Alireza Mousavii, Ali Karshenasan2* MA Accounting, Saveh Branch, 1 Islamic Azad University, Saveh, Iran Assistant Professor of Economics, 2 University of Gonbad e-Kavoos, Iran Abstract: Growth opportunities for investments form an important part of the bank's value. When investors determine value of the bank according to the bank's accounting report, it is necessary to consider the bank's expectations for growth investments. With the development of capital markets has been more pronounced role of performance measures at reflecting in the performance of banks through their existing content. Identify economic and financial accounting factors which influence from different directions on the value of bank shares are effective in creating positive conditions for increasing investment and financial credit absorption of bank. Taking into account the stated conditions, the purpose of this investigation is to investigate factors affecting the value of bank stocks. Needed data for research are collected from 25 active banks in Tehran Stock Exchange during 2008-2014. The data are analyzed using Excel, SPSS and E-views soft wares. Im, Pesaran, and Shin test is used to evaluate the reliability of variables, then F-Limer fitness tests and Hausman are reported and finally regression model corresponding to the research questions is fitted. Obtained results show that bank size, bank performance, inflation rate and bank credit risk have impact on market value of bank shares. JEL: D53, E31, G32 Keywords: value of bank shares, bank size, bank performance, inflation rate, bank credit risk Copyright © The Author(s). All Rights Reserved. © 2015 – 2017 Open Access Publishing Group 28 Alireza Mousavi, Ali Karshenasan FACTORS AFFECTING THE VALUE OF BANK SHARES IN TEHRAN STOCK EXCHANGE For downloading the full article, please access the following link: http://oapub.org/soc/index.php/EJEFR/article/view/133 European Journal of Economic and Financial Research - Volume 2 │ Issue 3 │ 2017 29