Abstract
This paper aims to study the theoretical fundamentals of informative value of the operating cash flow, current and noncurrent accruals in the capital market of Iran based on descriptive and applied research. Statistical population of the study consisted of 63 companies accepted in Tehran Stock Exchange in a 5-year period from 19/03/2008 till 19/03/2013. In order to study the effect of the research variables, the authors considered the informative value of the operating cash flow, current and noncurrent accruals as independent variables and stock market value as dependent variable. Then, the relations among variables were considered. So, nine hypotheses were made and the relevant data were collected. For studying the relation between the variables, i.e. informative value of the operating cash flow, current and noncurrent accruals and stock market value, the multiple linear regressions method was applied. According to the analyses carried out on the variables, and their indicators, we found out that the informative value of operating cash flow has a significant effect on the stock market value, but the informative value of current and noncurrent accruals has no significant effect on the stock market value.
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