Measuring the efficiency of firms listed in Tehran Stock Exchange Using Stochastic Frontier Production Function based on accounting data

Vahid Mahmoudi; Mohammad Hossein Ghaemi; Hossein Kazemi

Volume 3, Issue 3 , July 2019, Pages 1-18

https://doi.org/10.22034/ijf.2020.208163.1085

Abstract
  One of the most important effective elements in economic growth is the efficiency of manufacturing units. Therefore, measuring the efficiency of firms is necessary in order to increase efficiency in future planning courses. In the current research, using Stochastic Frontier Production Function, the efficiency ...  Read More

The Impact of Market Inefficiency and Environmental Uncert`ainty on CEO Risk-Taking Incentives

Mohsen Rashidi

Volume 3, Issue 3 , July 2019, Pages 19-34

https://doi.org/10.22034/ijf.2020.204206.1076

Abstract
  This study investigates the effect of market inefficiency and environmental uncertainty on CEO risk taking. Prior research, however, have struggled to establish this relation empirically; moreover, some evidence points to the possibility that the CEO risk appetite is lower for firms active in inefficient ...  Read More

Modeling Assets Pricing Using Behavioral Patterns; Fama-French Approach

Mohammad Nasiri; Nouroz Nourollahzadeh; Fatemeh Sarraf; Mohsen Hamidian

Volume 3, Issue 3 , July 2019, Pages 35-61

https://doi.org/10.22034/ijf.2020.189760.1032

Abstract
  Behavioral finance is a new issue raised by some financial intellectuals over the past two decades and has been quickly addressed by professors, experts, and students throughout the world. Investigating the factors affecting investment decisions is carried out in the field of behavioral finance; in other ...  Read More

Developing New Financing Instruments for Iran’s Higher Education System (Case Study: Mortgage Securities Model)

Atiyeh Dadjoye Tavakoli; MohammadAli Hosseini; Mostafa Niknami; Mohammad Javad Salehi

Volume 3, Issue 3 , July 2019, Pages 62-88

https://doi.org/10.22034/ijf.2020.210772.1095

Abstract
  Optimizing the financing of Iran's higher education system faces major challenges such as smallness of the private sector, lack of a competitive market in knowledge production, the state's small role in higher education, and also the absence of new financial instruments in the capital market along with ...  Read More

The Design of Relationship Model between (IRAN) Economic Markets Return and Capital Market Return Exploiting Comonotonicity in Probability Theory

Mohammad Esmaeil Fadaeinezad; Hamid Banaeian

Volume 3, Issue 3 , July 2019, Pages 89-106

https://doi.org/10.22034/ijf.2020.214153.1101

Abstract
  This paper investigates the design of an efficient model so as to anticipate the basic economic market rate of returns. To do so, accepting the relationships, interactions and effectiveness of these markets and exploiting Comonotonic Functions under Probability Function Framework as well as using weekly ...  Read More

Modeling and Rating Financial Soundness Indicators of Commercial Banks Using Confirmatory Factor Analysis and TOPSIS method

Seyed Ahmad Seyedi; Mohammad Reza Abdoli

Volume 3, Issue 3 , July 2019, Pages 107-136

https://doi.org/10.22034/ijf.2020.182468.1068

Abstract
  Several financial soundness frameworks, such as CAMELS, are currently present in the banking industry, but some evidence suggests that the present frameworks have inefficiencies in an Islamic banking environment. This study is aimed at identifying and prioritizing the adjusted financial soundness indicators ...  Read More