Investigating the financial crisis of the Tehran Stock Exchange using the entropy method of transfer and comparing it with the US financial market

Arefeh Mohaghegh; Mohsen Hamidian; Seyed Ali Hosseiny Esfidvajani; Gholamreza Jafari

Volume 5, Issue 3 , July 2021, Pages 1-16

http://dx.doi.org/10.30699/ijf.2021.262236.1183

Abstract
  This work aims to analyze the relationship between stocks in the financial market of the Tehran Stock Exchange embedded in their transfer entropy. In this regard, the behavior of the transfer entropy between indices of 180 corporations of the Tehran Stock Exchange has been studied. Then the footprint ...  Read More

The Event Research in the Effect of Clear Rumor Declarations on Abnormal Stock Returns Behavior

Javid Hatam; Maryam Bokharaeian Khorasani; Arash Naderian; Jamadori Gorganli Doji

Volume 5, Issue 3 , July 2021, Pages 17-37

http://dx.doi.org/10.30699/ijf.2021.256891.1173

Abstract
  In this research, the impact of clear rumor declarations on the measurement of abnormal stock returns behavior has been investigated in Tehran Stock Market by means of event research so that to reveal well abnormal stock returns behavior. Following testing 169 clear rumor declarations during the period ...  Read More

The Dynamic Impact of Oil Price on Investor Sentiment in Tehran Stock Exchange: An Industry-Level Analysis

Seyed Hasan Masoudi Alavi; Mohammad Nadiri; Ali Reza Saranj

Volume 5, Issue 3 , July 2021, Pages 38-57

http://dx.doi.org/10.30699/ijf.2021.285242.1231

Abstract
  Investor sentiment is one of the non-fundamental factors that affect the financial markets, which itself is influenced by various factors, including oil price changes. This study aims to investigate the impact of oil price on investor sentiment in stock market industries in the Tehran Stock Exchange ...  Read More

Studying the Moderating Role of Audit Committee Independence in the Relationship between CEO Narcissism and Real Earnings Management

Roozbeh Sardari; Mohammadreza Setayesh; Hamidreza Kordlouie; Bahman Banimahd

Volume 5, Issue 3 , July 2021, Pages 58-77

http://dx.doi.org/10.30699/ijf.2021.247085.1155

Abstract
  A manager’s personality and psychological attributes may influence his or her performance, thereby affecting the quality of financial reporting by companies. On the one hand, today there is an increasing requirement for protecting the interests of investors as providers of investment and the most ...  Read More

Offering Catastrophic Risk Management Framework by Alternative Risk Transfer Instruments to Islamic Capital Market with Cat Takaful (CT) Sukuk

Hosaine Hasangholipoure; Ebrahim Chirani; Seyed mozaffar Mirbargkar; Sina Kheradyar

Volume 5, Issue 3 , July 2021, Pages 78-107

http://dx.doi.org/10.30699/ijf.2021.247524.1156

Abstract
  Out of 64 possible catastrophic events in the whole world, about 34 of them have been experienced in Iran; more than 80% of the regions are exposed to natural disasters risks such as earthquakes exposure. Domestic insurance capacity does not cover this volume of risk and the need for external reinsurance ...  Read More

Developing a Strategy for Buying and Selling Stocks Based on Semi-Parametric Markov Switching Time Series Models

Hossein Naderi; Mehrdad Ghanbari; Babak Jamshidi Navid; Arash Nademi

Volume 5, Issue 3 , July 2021, Pages 108-126

http://dx.doi.org/10.30699/ijf.2021.273273.1200

Abstract
  The modeling of strategies for buying and selling in Stock Market Investment has been the object of numerous advances and uses in economic studies, both theoretically and empirically. One of the popular models in economic studies is applying the Markov Switching models for forecasting the time series ...  Read More