Modeling price dynamics and risk Forecasting in Tehran Stock Exchange: Conditional Variance Heteroscedasticity Hidden Markov Models

Moslem Nilchi; Daryush Farid; Moslem Peymany; Hamidreza Mirzaei

Volume 7, Issue 3 , 2023, Pages 1-24

  Abstract                                          Volatility and risk measurement are essential ...  Read More

The Moderating Effect of Competition in the Product Market on the Relation of Corporate Social Responsibility and Debts Ratio

HamidReza Ganji; Mehran Jahandoust Marghoub; Vahid Menati; Seyed Rasoul Hosayni

Volume 7, Issue 3 , 2023, Pages 25-47

  Corporate Social Responsibility (CSR) concept is closely related to the notion of sustainable development, and the outcome of the sustainable development approach is specific consideration to disclosure and reporting of CSR. One factor that is less considered in the Iranian economic environment and research ...  Read More

Transaction Cost of Financing Knowledge-Based Companies in Iran

Seyedeh Fatemeh Hosseini; Hassan Mafi; Reza Shakeri Bostanabad

Volume 7, Issue 3 , 2023, Pages 48-72

  High transaction costs have been cited as limiting access to credit in developing countries. This issue is much more critical for knowledge-based companies due to their position in accelerating economic growth and the particular characteristics of these companies. Therefore, this research aims to evaluate ...  Read More

Developing an Internal Control Model for the Social Security Organization of Iran with a Risk Management Approach

Hamzeh Mohammadi Khoshouei; Esmail Kazemi; Mohsen Dastgir

Volume 7, Issue 3 , 2023, Pages 73-94

  This study aimed to develop an internal control model for the Iranian Social Security Organization with a risk management approach. This exploratory study is applied in terms of objective, and the statistical population comprised 340 employees in the financial department of the Iranian Social Security ...  Read More

Pairs Trading Based on Empirical Mode Decomposition (EMD)

Bahareh Zarintaj; Saeed Aghasi; Forozan Baktash

Volume 7, Issue 3 , 2023, Pages 95-119

  As a trading strategy, pairs trading is performed based on the arbitrage opportunities extracted from statistical models. It is an outcome of the distance between an asset pair and the equilibrium state. Consequently, selecting a pair with the potential to form long-term relationships and reverting to ...  Read More