Download or read book Investigating the Predictability of Sales and Costs Using Financial Statement Items of Companies Listed in Tehran Stock Exchange written by Azam Jari and published by . This book was released on 2013 with total page 7 pages. Available in PDF, EPUB and Kindle. Book excerpt: The main purpose of business entities is earning income and the most important factor in survival of business entities is sales revenue. Thus, the forecasting of sales and costs of business entities become an important issue. The aim of this study is to investigate the ability of financial statement items in forecasting sales and costs of companies listed in Tehran Stock Exchange (TSE). To test the research hypotheses, 89 companies from five industries (auto and auto parts, food and drinks, metals, pharmaceutical and chemical) had been selected through cluster sampling. For analyzing and testing hypotheses, two regression models and panel data method were used. Research results show that forecasting sales and costs of companies listed on TSE is possible using financial statement items.
Download or read book Investigating the Relationship Between the Quality of Accrual Items in the Search for the Bank Debt of the Companies Admitted to the Tehran Stock Exchange written by Mahmood Hemetfar and published by . This book was released on 2017 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: This research tries to study the relationship between the quality of accrual items in the search for the bank debt of the companies admitted to the Tehran Stock Exchange. The results of this research indicate that higher quality of accruals, is related to the higher bank loan due to the total assets. Since the quality of accounting information can be considered as a reverse indicator of asymmetric information, this finding is consistent with the financial literature which has shown that the use of bank loan in private loan markets is partially designated through asymmetry of information.
Download or read book Investigating of Relationship Between Intellectual Capital and Financial Performance of Petrochemical Companies Listed in Tehran Stock Exchange written by Samira Sarmadi and published by . This book was released on 2013 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt: Today, the role of intellectual capital in the profitability and competitive advantage of companies is more than financial capital. The main purpose of this paper is to raise an awareness of intellectual capital among Petrochemical Companies listed in Tehran Stock Exchange. Also, this study emphasis on empirical evidence of the relationship between intellectual capital and companies' profitability indicators. Measuring the intellectual capital with Pulic's model and for measuring the companies' profitability, return on assets and return on equity are used. The time domain is between 2008 until 2012 and to test hypotheses and analyze data panel regression, least squares (LS) is used. Research findings show that there is significant relationship between intellectual capital and two performance indicators (return on equity and return on sales) in Petrochemical Companies listed in Tehran Stock Exchange. Also, our findings show that among component of intellectual capital, structural capital efficiency has most relationship with financial performance indicators and so among the financial performance indicators, return on sales (ROS) has most relationship with component of intellectual capital.
Download or read book Investigating the Effect of Company Financial Leverage and Growth Opportunities on the Investment Decisions in the Companies Listed on Tehran Stock Exchange written by Lafte Sarkhe and published by . This book was released on 2016 with total page 7 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study investigated the effect of company financial leverage and growth opportunities on the investment decisions using information on Iranian companies listed on Tehran Stock Exchange. This paper aims to answer is whether financial leverage influences the investment decisions in Iranian context. By answering this question, the author attempts to add to the existing literature by bringing new evidence on the relationship between leverage and investment decisions of firms listed in Tehran Stock Exchange in Iran. For the study purpose, the 83 companies with the desired condition were selected for this purpose and panel data with fixed effects was used to test hypotheses. The results of this research show that companies with higher Financial Leverage adjust their investment decisions. The results of this study can be used by shareholders, managers and finance researchers.
Download or read book Investigate of Relationship Between Components of Intellectual Capital and Financial Performance in Listed Companies in Tehran Stock Exchange with Using of Pulic Model Modified written by Davoud Khanhossini and published by . This book was released on 2018 with total page 1 pages. Available in PDF, EPUB and Kindle. Book excerpt: The rapid growth of knowledge and Increased use of major economic institutions of science and technology for wealth creation in recent decades, Finance researchers have attempted that to study in distinct characteristic of the successful companies, trying in modeling for other enterprises. One of the results of this research indicate that there is capital as the intellectual capital in the leading companies that by variety of tools and techniques are identified and evaluated. One such tool that is largely consistent with accounting principles approach is pulic model.Therefore, in this study we intend to investigate the relationship between intellectual capital (pulic model and pulic model modified) and financial performance of listed companies in Tehran stock exchange will action. We will also continue to compare the two models.Research findings show that, there is a significant relationship between intellectual capital and financial performance and also Research findings show that pulic modified model than pulic model has a higher correlation with financial performance.
Download or read book An Investigation of the Relationship Between Profitability Indices and Systematic Risk Based on the Capital Asset Pricing Model Among Accepted Companies in Tehran Stock Market written by Peyman Akbari and published by . This book was released on 2013 with total page 7 pages. Available in PDF, EPUB and Kindle. Book excerpt: Systematic risk (beta) is one of the most effective factors in predicting the appropriate required rate of return of portfolios. Understanding systematic risk of usual portfolio of various companies, investors consider financial investment more confidentially. The aim of this study is to determine if there is any significant relationship between profitability indices (earnings per share ratio, rate of return on investment, return on equity) as independent variables and systematic risk (beta) as dependent variables. To do so 102 companies accepted in Tehran Stock Market were selected based on screening (systematic deletion) in a seven-year period between "2004-2010". The required data were gathered from basic financial statement, committee reports, and other available documents in Tehran Stock Market. Regression and Pearson correlation were used to analyze the data. The results of the study revealed that there is significant relationship between profitability indices and systematic risk based on the capital asset pricing model among accepted companies in Tehran stock market. Some suggestions regarding the topic of the research are given too.
Download or read book The Relationship Between the Cash Cycle and Capital Structure of Listed Companies in Tehran Stock Exchange written by Mohammad Aliari Erdi and published by . This book was released on 2015 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cash was one of the main sources for the survival of the company. And it seems any company without access to right cash will benefit from the optimal performance. Previous research shows companies that are suitable in terms of liquidity that are more in profits and achieve higher financial performance have succeeded. In this study we aimed to investigate the relationship between cash cycle and capital structure of listed companies in Tehran Stock Exchange Information to the Audited Financial Statements Extracted companies listed on the Stock Exchange. Total of 594 firms -- year period between 1387 till 1392. The hypotheses were tested using SPSS software. The results showed that the correlation between cash and capital structure exists cycle.
Download or read book The Relationship Between Perspective Managers and Sticky Costs in the Tehran Stock Exchange written by Ghassem Blue and published by . This book was released on 2013 with total page 13 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent research conducted on the behavior of costs shows that costs do not change in proportion to changes in sales. To describe it we can say, costs will increase in proportion to the sales increase, but will not decrease in proportion to the decrease in sales, this disproportionate costs, called sticky cost. There are two theories concerning the causes of sticky costs: One suggests that costs become sticky as a result of the deliberate decision of managers (hereafter referred to as the “deliberate decision theory”), and the other theory points out that costs may become sticky as a result of costs decline being unable to keep up with sales declines (hereafter referred to as the “cost adjustment delay theory”).Up to now comment of conscious decision and management's expectations from sales in the future has not been tested directly. Therefore in this research, comment of conscious decisions using predict management from sales in the future has been tested. The results of this research is based on firms listed in Tehran Stock Exchange for the 5-year period from 2005 to 2009. The results shows, when managers are optimistic about future sales the stickiness of cost increased.
Download or read book The Study of Issuance of Stocks in Venture Companies Listed in Tehran Stock Exchange written by Ali Amiri and published by . This book was released on 2019 with total page 13 pages. Available in PDF, EPUB and Kindle. Book excerpt: In order to implement the profitable projects, achieve the maximum efficiency, and increase their shareholders, companies may use different types of financial resources in different ways. The ability of companies to identify the internal and external resources for providing capital and financial programs is considered as one of the main factors that affects on the growth and development of the companies. Financing resources and their usage volume are factors that affect on the companies' operating performance. In this regard, companies and economic institutions can be financially provided from both inside and outside. Companies can issue and sell new common stocks to investors to provide their required financial resources. This study was conducted to investigate the issuance of stocks as one of resources of financing in the companies. Statistical population of this study was active listed companies in Tehran Stock Exchange. The sample of study was selected among listed companies raising capital through applying stage random sampling and simple random sampling. Sampling was conducted during the period 2008-20013 and finally the sample size including 40 companies were chosen using a Cochran formula. To analyze the obtained information, t-test and correlation coefficient were used. Although the results of the study revealed that there was no significant difference between the internal sources of financing and the issuance of stocks among the studied companies, there is a significant relationship between companies' issuance of stocks and their size. Companies increase the use of retained earnings and stocks for financing through expanding the size of companies. Also, due to the existence of relationship between financing and the fixed assets of the companies through issuing the stocks of companies, no statistically significant relationship were observed between financing and companies' profitability. Finally, there was no significant relationship between financing and future stock returns through the issuance of stocks.
Download or read book Evaluation of the Impressionability of Managerial Performance and Risk Management From Intellectual Capital Strategies in the Companies Listed on the Tehran Stock Exchange Market written by Alireza Ahangar and published by . This book was released on 2019 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This research sought to evaluate the effectiveness of management performance and risk management from intellectual capital strategies in the companies listed in Tehran stock exchange. In this paper, management performance is measured according to Tobin model (2006) and intellectual capital according to Pulic model (2004) and risk management according to Towers Watson's model. Generally, it was conducted to investigate the significant relationships among dependent variables in the companies and suggests that the companies with higher level of intellectual capital and risk management could experience management performance with higher quality. The expectations of future investors are considered as the main factors in determining the companies' efficiency. Also, it could be concluded that human capital and structural capital have more intervention in investors' decisions. Using financial lists information of 102 companies listed on Tehran Stock Exchange Market during 1388-1392 and applying multivariable linear regression analysis, the results suggested that there is a significant and positive relationship among management performance and risk management and intellectual capital strategies.
Download or read book Recent Trends in Information and Communication Technology written by Faisal Saeed and published by Springer. This book was released on 2017-05-24 with total page 931 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents 94 papers from the 2nd International Conference of Reliable Information and Communication Technology 2017 (IRICT 2017), held in Johor, Malaysia, on April 23–24, 2017. Focusing on the latest ICT innovations for data engineering, the book presents several hot research topics, including advances in big data analysis techniques and applications; mobile networks; applications and usability; reliable communication systems; advances in computer vision, artificial intelligence and soft computing; reliable health informatics and cloud computing environments, e-learning acceptance models, recent trends in knowledge management and software engineering; security issues in the cyber world; as well as society and information technology.
Download or read book Determinants of Capital Structure written by Masoud Nadem and published by . This book was released on 2013 with total page 9 pages. Available in PDF, EPUB and Kindle. Book excerpt: The main objective of this research is to investigate the determinant factors of capital structure of companies listed on Tehran Stock Exchange. Based on pecking order theory (Static and Dynamic Version) and using data of companies listed on Tehran Stock Exchange during 2002 till 2010, we investigated the effect of return on investment, tangible fixed assets, net working assets, firm size and profitability index on debt ratio. The results show that in static version of pecking order, all variables have significant relationship with capital structure. But, in dynamic version of pecking order, fixed assets have positive relationship and net working assets have negative relationship with capital structure.
Download or read book Investigate the Relation Between Earnings Quality and Costs Agency of Tehran Stock Exchange Academic Journal of Research in Economics and Management 2014 Vol 2 No 5 written by Esmaeil Amiri and published by . This book was released on 2014 with total page 9 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Powering the Digital Economy Opportunities and Risks of Artificial Intelligence in Finance written by El Bachir Boukherouaa and published by International Monetary Fund. This book was released on 2021-10-22 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses the impact of the rapid adoption of artificial intelligence (AI) and machine learning (ML) in the financial sector. It highlights the benefits these technologies bring in terms of financial deepening and efficiency, while raising concerns about its potential in widening the digital divide between advanced and developing economies. The paper advances the discussion on the impact of this technology by distilling and categorizing the unique risks that it could pose to the integrity and stability of the financial system, policy challenges, and potential regulatory approaches. The evolving nature of this technology and its application in finance means that the full extent of its strengths and weaknesses is yet to be fully understood. Given the risk of unexpected pitfalls, countries will need to strengthen prudential oversight.
Download or read book Advances in Mathematical Finance written by Michael C. Fu and published by Springer Science & Business Media. This book was released on 2007-06-22 with total page 345 pages. Available in PDF, EPUB and Kindle. Book excerpt: This self-contained volume brings together a collection of chapters by some of the most distinguished researchers and practitioners in the field of mathematical finance and financial engineering. Presenting state-of-the-art developments in theory and practice, the book has real-world applications to fixed income models, credit risk models, CDO pricing, tax rebates, tax arbitrage, and tax equilibrium. It is a valuable resource for graduate students, researchers, and practitioners in mathematical finance and financial engineering.
Download or read book Corporate Bankruptcy Prediction written by Błażej Prusak and published by MDPI. This book was released on 2020-06-16 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bankruptcy prediction is one of the most important research areas in corporate finance. Bankruptcies are an indispensable element of the functioning of the market economy, and at the same time generate significant losses for stakeholders. Hence, this book was established to collect the results of research on the latest trends in predicting the bankruptcy of enterprises. It suggests models developed for different countries using both traditional and more advanced methods. Problems connected with predicting bankruptcy during periods of prosperity and recession, the selection of appropriate explanatory variables, as well as the dynamization of models are presented. The reliability of financial data and the validity of the audit are also referenced. Thus, I hope that this book will inspire you to undertake new research in the field of forecasting the risk of bankruptcy.
Download or read book Research Methods in Accounting written by Malcolm Smith and published by SAGE. This book was released on 2003-05-27 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: Providing a clear and concise overview of the conduct of applied research studies in accounting, Malcolm Smith presents the principal building blocks of how to implement research in accounting and related fields.
