Network Analysis of Tehran Stock Exchange using Minimum Spanning Tree and Hierarchical Clustering

Salman Abbasian-Naghneh; Reza Tehrani; Mohammad Tamimi

Volume 4, Issue 2 , April 2020, Pages 1-18

  Nowadays, financial markets in Iran have attracted the attention of many managers, investors and financial policymakers. Therefore, in order to make the optimal decision and reduce the risks in such a market, it is important to identify and analyze the network behavior of the financial markets at different ...  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

Designing a Total Interpretive Structural Modeling (TISM) for the Effectiveness Mechanism of Stock Liquidity in the Tehran Stock Exchange Companies

Hassan Heydari Soltanabadi; Hosein Panahian; Hassan Hemmati

Volume 4, Issue 2 , April 2020, Pages 40-66

  As the capital market becomes more competitive, one of the topics that has attracted the attention of many financial researchers in recent years is the liquidity of corporate stocks that because of the dynamics it can create in corporate financing, it is of strategic importance. The purpose of this research ...  Read More

Do risk disclosure increase firms’ value?

Soghra Fasihi; Seyed Ali Hosseini

Volume 4, Issue 2 , April 2020, Pages 67-76

  Investors pay special attention to risk criteria in assessing the status of companies. So companies can help attract investment by disclosing important risks. So, it is expected that risk disclosure through decreasing information asymmetric between managers and investors can reduce uncertainty and lead ...  Read More

The Effect of CEO Overconfidence on Overinvestment: An Analysis of the Role of Inflation Uncertainty in the Capital Market

Hossein Alidadi; Mohammad Reza Abdoli; Farhad Dehdar

Volume 4, Issue 2 , April 2020, Pages 77-96

  Investment is seen as one of the most important and influential factors in economic growth and development. It is directly affected by managers' approaches to decision-making because identifying the best investment opportunities to achieve ideal returns is one of the expectations that shareholders and ...  Read More

The Effect of Audit Report Type and Audit Report Paragraphs on Financial Distress among Firms Listed on the Tehran Stock Exchange

Javad Forouzandeh; Naser Izadinia; Saeed Daei-Karimzadeh

Volume 4, Issue 2 , April 2020, Pages 97-106

  Considerable researches have been devoted to predicting financial distress by using financial ratios and there is a little knowledge about this issue and how report paragraphs and information may contribute to predict companies’ insolvency. The major purpose of this study is to explore the effects ...  Read More