Volume 6 (2022)
Volume 5 (2021)
Volume 4 (2020)
Volume 3 (2019)
Volume 2 (2018)
Volume 1 (2017)

Iranian Journal of Finance (IJFIFSA), is an open access double-blind peer reviewed publication which is published by Iran Finance Association , one of the leading scientific organizations in the MiddleEast. This journal  is a quaterly publication and publishes  four times a year. All submitted manuscripts are checked for similarity through iThenticate software to ensure their authenticity and originality and then rigorously peer-reviewed by the expert reviewers. This journal is following of Committee on Publication Ethics (COPE) and complies with the highest ethical standards in accordance with ethical laws.

  • plagiarism screening : iThenticate
  • Date of First Publication: Summer 2017
  • Review Process : Double blind peer review
  • Type of Articles: Original Article, Case-Study, Applied Article, Methodologies.
  • Type of Access: Open Access (OA)
  • Start Year open license: 2017 - Vol. 1, No. 1
  • Frequency: Quarterly
  • Document Type: Research Paper, Review
  • Publisher: Iran Finance Association
  • Time to submitted to the reviewers: maximum a week
  • Publication fee: 9.400.000 Rials for publication
  • Language: English
  • Copyright: This Journal is an open access Journal Licensed under the  Creative Commons license (CC-BY 4.0) International License.


Specific subtitle covered by the journal are:


  1. Corporate Finance
  2. Investments 
  3. Islamic Finance
  4. Financial Markets and Institutions
  5. Financial Engineering and Risk Management
  6. Financial Econometrics and Quantitative Methods
  7. Banking and Insurance



Investigating the Importance of Different Companies of Tehran Stock Exchange using Lower Tail Dependency based Interaction Network

Mohammad Osoolian; Seyed Ali Hosseiny Esfidvajani; Masoome Ramezani

Volume 7, Issue 1 , 2023, Pages 1-20


  Examining the importance and influence of financial market companies is one of the main issues in the field of financial management because sometimes the collapse of a stock exchange company can affect an entire financial market. One systematic way to analyze the significance and impacts of companies ...  Read More

Management Ability Effects on Information Environment Quality

Mohammad Marfou; Roohollah Seddighi; Mojtaba Alifamian

Volume 7, Issue 1 , 2023, Pages 21-34


  The purpose of this paper is to investigate the role of managerial ability in information environment quality in the listed companies on the Tehran Stock Exchange (TSE). This research has focused on the quality of the information environment and has attempted to investigate the impact of management ability ...  Read More

Developing the effectiveness of professional audit judgment based on the mindfulness of auditors

Alireza Kamalgharibi; Mansour Garkaz; alireza matoufi; Mehdi Safari Gerayli

Volume 7, Issue 1 , 2023, Pages 35-65


  Judgment in the auditing profession as a subjective criterion in the decisions of auditors has a significant role in improving the quality of decision support for analysts, shareholders, and investors in the capital market. Therefore, recognizing the qualitative characteristics in this area can help ...  Read More

Investigating the Effect of Environmental Uncertainty on the Relationship between Herd Behavior and Negative Price Shock in TSE

Mohammad Javad Zare Bahnamiri; Hossein Michaghani

Volume 7, Issue 1 , 2023, Pages 66-84


  The purpose of this study was to investigate the effect of peripheral uncertainty on the relationship between the herd behavior of investors and the price of negative stock shock. Because the capital market is one of the main pillars of the country's economic growth and development, the incidence of ...  Read More

A Genetic algorithm for Objective formulation effect on the shortfall of retirees in developing countries: a case study in Iran

Ezatollah Abbasian; Mohammad Ali Kamali

Volume 7, Issue 1 , 2023, Pages 85-104


  The certainty about retirement income is dependent on the longevity and the selected investment policy by individuals during their working years. Attention to longevity and investment risks is of high significance in making enough income for retirees. In this research, the impact of the objective formulation ...  Read More

Investor Protection Evaluation based on Themes of Corporate Governance Civilization

Mojtaba Hidari; Hasan Valiyan; Alireza Koushki Jahromi; Mohammadreza Abdoli

Volume 7, Issue 1 , 2023, Pages 105-140


  Protecting the interests of shareholders is considered one of the main pillars of any capital market, which, while increasing the level of financial transparency, prevents the loss of their interests to those in power in companies. Consistency of laws and regulations on the one hand and the effectiveness ...  Read More

The Effect of Customers Concentration on Company Risks

Ebrahim Abbasi; Ali Tamoradi

Volume 4, Issue 2 , April 2020, , Pages 19-39


  The companies with major customers can supply a considerable source of cash flows by selling a large portion of their products to them. Since the lack of purchase, loss, or bankruptcy of major customers can result in a significant reduction in cash flows in the company, thus the risk is the companies ...  Read More

The Relationship between Corporate Reputation and Different Types of Earnings Management

Morteza Zakerian; Habibollah Nakhae; Mahdi Salehi

Volume 5, Issue 1 , January 2021, , Pages 1-30


  The present study's main objective is to assess the relationship between corporate reputation and different types of earnings management (accrual-based, real, and reductive earnings management). In other words, this paper attempts to figure out whether corporate reputation can contribute to the amount ...  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


  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

Auditors' deviant decision-making model based on conflict of interest

Javad Ghaznavi Doozandeh; Mansour Garkaz; Ali Khozein; Alireza Maetoofi

Volume 5, Issue 1 , January 2021, , Pages 31-60


  When auditors intentionally or unintentionally approve financial statements in line with the views of their employers, the public interest and the auditing profession are at serious risk. The purpose of this study was to examine the process by which auditors' interests will influence decision making. ...  Read More

The model for measuring the Quality of Sustainability Reporting and Determinants: Application Analytic Network Process Fuzzy DEMATEL-Based Technique

Habib Esmaeilzadeh; Hasan Ghodrati; Hossein Jabbari; Meysam Arabzadeh

Volume 6, Issue 2 , April 2022, , Pages 28-69


  Sustainability reporting is an important tool for decreasing information asymmetry, according to the stakeholders' demands for transparency. On the other hand, increasing transparency allows investors to have more appropriate evaluations of firms' activities and direct their investments to companies ...  Read More

Investigating Budgeting Process and Budgetary Control System within Organizations: A Study with Reference to Indian Listed Companies and Financial Institutions

alireza kaab; Anzer R.N

Articles in Press, Accepted Manuscript, Available Online from 06 November 2022


  Today, budgets are considered by many as a powerful tool to conduct and control internal and external affairs of an organization. Nowadays, budget, budgeting and budgetary controls are the priority of every manufacturing and service entities. Top management in organizations using budgets as a tool to ...  Read More

Predicting Optimal Portfolio by Analysis Systems of Algorithm

Mehdi Mehdi darvishan; Mohammadreza Abdoli; Mohammad Mehdi Hosseini; Esmail Alibeiki

Articles in Press, Accepted Manuscript, Available Online from 15 February 2023


  Choosing the right investment mechanism is one of the main tasks for any investor, requiring careful analysis and research of all available information Therefore, no investor knows exactly whether their expectations regarding the return on particular equity will be met, but they need to build their strategy ...  Read More

Iran Finance Association

Reza Raei

Reza Raei

Managing Editor:
Ali Namaki

Executive Manager:
Moslem Nilchi

Editorial Board:
Marcel Ausloos Abolhasan Jalilvand ZabiHollah Rezaee Hassan Ghalibaf Asl Mohammadesmaeil Fadaeinejad Reza Raei Vahid Mahmoudi Shpour Mohammadi Farhad Rahbar Reza Tehrani

Executive Assistant:
Farname Inc

Frequency: Quarterly

Print ISSN: 2676-6337

Online ISSN: 2676-6345