چکیده (انگلیسی):

This study examines the relationship between stock liquidity and market value of companies using Tobin’s Q
measure. Depending on the type of data, to test the hypothesis of a correlation analysis (Pearson coefficient) and
Multiple Regression are used. Final result for each hypothesis using four regression models, Suggest that there is no
significant relationship between Tobin’s Q and gap between supply and demand index prices as a measure of the stock
liquidity. But there are statistically significant relationship between the Turnover Volume and Tobin’s Q as independent
variable. The relationship between Turnover Volume and Tobin’s Q is Direct.