International Science Community Association Research Journal of Recent Sciences 2277 - 2502 3 4 2014 April 2 Various Financing Resources and Future Abnormal Stock Returns 84 87 EN ZolfaghariZaferani Rashid 1 Faculty of Education And Consulting, Roudehen Branch, Islamic Azad University, Roudehen, IRAN Haji AliakbariNeda 2 HosseinRezaeiDolat Abadi 1 Islamic Azad University, Persian GULf International Educational Branch, Khuzestan, IRAN AliReza Eghbali 2 HassanHeidarySoltan Abadi 3 EspananiHamid Reza 1 Department of Biology, Faculty of Sciences, Payam Noor University of Iran, Employee social security, Isfahan, IRAN Shirani Kobra 2 Department of Pharmacodynamy and Toxicology, School of Pharmacy, Mashhad University of Medical Sciences, IRAN Khalilian Saadat 3 Department of Biochemistry, Faculty of Biological Science, Tarbiat Modares University, Tehran, IRAN Sadeghi Leila 4 Department of Biology, Faculty of Sciences, Payam Noor University of Iran, Isfahan, IRAN YousefiBabadiVahid 5 Physiology Research Center, Isfahan Cardiovascular Research Center, Isfahan Cardiovascular Research Institute, Isfahan University of Medical AmraeaiEsmaiel 6 Bansal A. 1 Department of ECE, G.L.A. University, Mathura, UP, INDIA Agarwal R. 2 Department of EIED, Thapar University, Patiala, Punjab, INDIA Sharma R.K. 3 School of Mathematics and Computer Applications, Thapar University, Patiala, Punjab, INDIA Paria Mohammadiha 1 Dept. of Educational Administration, Faculty of Psychology and Social Science, Central Tehran Branch, Islamic Azad University, Tehran, IRAN Mahdi Shariatmadari 2 Fereshteh Kordestani 3 Bakht Azam 1 Department of Computer Science, Islamia College Peshawar, Peshawar, K.P, PAKISTAN Qureshi RashidJalal 2 Faculty of Computing, SZABIST, Dubai International Academic City, Dubai, U.A.E Zahoor Jan 3 Department of Pathology, Lady Reading Hospital, Peshawar, K.P, PAKISTAN TajAli Khattak 4 Jafar Omari 1 Fazlzadeh Alireza 2 Department of Accounting, Tabriz Branch, Islamic Azad University, Tabriz, IRAN MohammadrezaM. Nahidi 3 Economics and Management Faculty, Tabriz University, Tabriz, IRAN Subahana K.R. 1 CO Research and Green Technologies Centre, VIT University, Vellore, Tamil Nadu, INDIA Natarajan R. 2 Suman Bareth 3 Ayub G. 1 University of Swat, Khyber Pakhtonkhawa, PAKISTAN Rehman N.U. 2 Economics Department, University of Peshawar, Khyber Pakhtonkhawa, PAKISTAN Iqbal M. 3 Statistics Department, University of Peshawar, Khyber Pakhtonkhawa, PAKISTAN Zaman Q. 4 Atif M. 5 Waqas Haider 1 Computer Science Department COMSATS Institute of Information Technology Wah Cantt, PAKISTAN Hadia Bashir 2 Department of Computer Science University of Engineering and Technology Taxila, PAKISTAN Abida Sharif 3 Department of Electrical Engineering, the University of Lahore – Islamabad Campus, PAKISTAN Sharif Irfan 4 Abdul Wahab 5 Masoumifard Mohammad 1 Department of Mechanical Engineering, Meshkinshahr Branch, Islamic Azad University, Meshkinshahr, IRAN Norouzi 2 Young Researchers and Elite Club, Meshkinshahr Branch, Islamic Azad University, Meshkinshahr, IRAN Rouhollah 3 Nezamkhiavy Khosro 4 Askarpour S. 1 Faculty Member of Technical and Vocation University, Kerman, IRAN SaberiAnari M. 2 Faculty Member of Technical and Vocation University,Yazd, IRAN Brumandnia A. 3 Faculty member of Azad University, South Tehran Branch, Tehran, IRAN Javidi M.M. 4 Faculty member of Shahid Bahonar University, Kerman, IRAN Ali Jamalinesari 1 Department of English Language and Literature, Islamic Azad University, Ilam Branch, Ilam, IRAN Taheri AbedReza 1 Accounting Department, Allame Amini High Educational Institude of Bahnamir, Babolsar, Mazandaran, IRAN Rezaei Mehdi 2 Accounting Department, Rahedanesh High Educational Institude of Babol, Mazandaran, IRAN > Research Article 2014 3 13 2014 April 2 The main goal of this paper is to investigate the relationship between various financing methods and the way of using proceeds provided from these methods with abnormal returns of 172 listed firms in Tehran Stock Exchange During a five year period. The firms can provide their fiscal sources by two ways of internal and external sources. Because the expenses of internal financing sources are different from external financing sources and this point, itself, affects the stock's return. Consequently the problem of the manner of firm's financing is very important for investors and especially for stock holders. Of course, only providing of fiscal sources as a bridge for next responsibility and may be more important i.e optimal allocation of these sources and funds to the investing designs is justifiable. This research is an empirical study, which investigates the relation between accounting and financial variables by using Spearman’s correlation coefficient. The results of this research show that net change in total financing and its components (i.e. internal financing and external financing) have no significantly negative relation with abnormal returns. However, there is significantly positive relation between internal financing and Abnormal Returns. Also, there is significantly negative relation between change in externally financed net operating assets and Abnormal Returns. Finally, there is no significantly negative relation between change in internally financed net operating assets and abnormal returns. Copyright@ International Science Community Association