The Investigation of the Impact of Effective The Implications of the Accounting Research in Tehran Stock Exchange Market
Mohammad
Namazi, Ph.D
Professor of Accounting, Shiraz University, Shiraz, Iran.
author
Amin
Nazemi
Ph.D. Student in Accounting, Tehran University, Tehran, Iran.
author
text
article
2008
per
The major purpose of this study is classifying and analyzing capital market research conducted in Tehran Stock Exchange Market (TSEM). Since Namazi and Nazemi (2005) have classified and analyzed "Finance Studies" of the TSEM during 1991-2003, following them, we just review, classify and analyze the significant "Accounting Studies", which are related to TSEM. Consequently, by employing "content analysis" and archival methodology, the studies are classified into four main topics: financial accounting, auditing, managerial accounting, and other subjects. Finally, the significant results achieved by authors in each group of the above studies, are presented. In sum, it is concluded that in recent years, the amount of research conducted about accounting issues related to TSEM, have been increased in various significant aspects of the capital market; yet, much more studies must be done.
Journal of Development and Capital
Shahid Bahonar University of Kerman
2008-2428
1
v.
2
no.
2008
9
48
https://jdc.uk.ac.ir/article_1891_ca936461c2a7396626491b9dc2f231ca.pdf
dx.doi.org/10.22103/jdc.2008.1891
Studying the effect of state budget composition for social welfare in Iran: During the years (1981-2003)
Morteza
Sameti, Ph.D
Associate Professor of Economy, Isfahan University, Isfahan, Iran.
author
Majid
Sameti, Ph.D
Assistant Professor of Economy, Isfahan University, Isfahan, Iran.
author
Rasoul
Ghazavi
M.A. of Economics, Isfahan University, Isfahan, Iran.
author
text
article
2008
per
If a classic government has been the most ideal states with economists about 150 years ago today the most ideal government from the economists viewpoint is the government of welfare and it is due to specifying the market weaknesses more and more setting forth the market failure in a new sector such as distributing the income and social security, government is that a state has the responsibility of security the welfare of it is subjects. Methodology of this study is descriptive method and based on the cause and effect method tried to study the role of state budget composition on the social welfare.In order to perform the aforesaid matter to analysis the effect of state budget composition on the social welfare the economic evaluation models have been used for Iran economics during the years 1981-2003. The most important results obtained indicate that the state well-proportioned expenditures have had a positive effect on the social welfare. But the attractive point is the composition of state well-proportioned expenditures including the education and health expenditures from which that of education is the heaviest and that of the health stand as the next priorities. The state oil incomes have positive effect for the social welfare. The coefficient state military force expenses bear a positive mark for the social welfare. But since the statistic coefficient of state military expenditures is not meaningful, it seems that the aforesaid expenses have not any effect on the social welfare.
Journal of Development and Capital
Shahid Bahonar University of Kerman
2008-2428
1
v.
2
no.
2008
49
70
https://jdc.uk.ac.ir/article_1892_6ca68ed211a3d39ac0923cef0eacc329.pdf
dx.doi.org/10.22103/jdc.2008.1892
The Survey of the Fair Value as a Relevant Metric in Iran
Vida
Mojtahedzade, Ph.D
Professor of Accounting, Alzahra University, Tehran, Iran.
author
Farinaz
Derakhshan
M.A. of Accounting, Alzahra University, Tehran, Iran.
author
text
article
2008
per
The major aim of the financial accounting is providing and offering information of performance and financial position of the enterprise against external users in order to facilitate and improve their decision making.To reach this aim, the financial information should have the two factors of relevance and reliability. But these two essential factors are opposite to each others. Theoretically, increase in the relevance level leads to decrease in the reliability level. In practice, this opposition gets explicit when historical cost accounting is compared with fair value accounting. This research investigated fair value as a relevant metric in stockholder's decision making. Then by using the review of the literature and the results of the previous researches, related questionnaire was designed and necessary information was collected. The statistical community of the research involved the main group of financial statement's users that means stockholders. Hypotheses were tested by using T-test and Chi-Square method. The results showed that there is a significant relation between the fair value changes and the share price changes. Also, fair value has a significant role in predicting the value of a firm.
Journal of Development and Capital
Shahid Bahonar University of Kerman
2008-2428
1
v.
2
no.
2008
71
101
https://jdc.uk.ac.ir/article_1893_36c7d7b6bb2d7c2a92f69c2781e576f2.pdf
dx.doi.org/10.22103/jdc.2008.1893
Incentives Affecting Earnings Management
Ali
Saghafi
Associate Professor of Accounting, Allameh Tabatabaee University, Tehran, Iran.
author
Mehdi
Bahar Moghaddam, Ph.D
Assistant Professorof Accounting, Shahid Bahonar university of Kerman, Kerman, Iran.
author
text
article
2008
per
This research attempt to identify the factors influencing managers to manipulate earnings in Tehran Stock Exchange companies. In order to achive this goal, 40 firms in a period of 11years(1372- 1382)were chosen. Based on theoretical investigation under Irans' economic, social and cultural environment, seven factors as independent that affect managers' insentives to manipulate earnings were selected. Discretionary accruals a suitable substitute for earnings management measurement is measured as the dependent variable. The results show that on the average, there has been a positive relation between debt to equity ratio and quality of auditors work with earnings management. In addition, there has been a negative relation between ownership stracture, bonus, and size with earnings management. Furthermore, growth ratio and initial public offering have not been related significantly in Iranian companies.
Journal of Development and Capital
Shahid Bahonar University of Kerman
2008-2428
1
v.
2
no.
2008
103
125
https://jdc.uk.ac.ir/article_1894_a1df388d02d6abdd2f521190e3977cb6.pdf
dx.doi.org/10.22103/jdc.2008.1894
Evaluating the effectiveness of internal control in the firm on base viewing independence auditors & its effect on auditing process
Mohammad Hosein
Vadiei, Ph.D
Assistant Professor of Accounting, University of Ferdowsi of Mashhad, Mashhad, Iran.
author
Said Majid
Koocheki
University of Lorestan
author
text
article
2008
per
Selecting a portfolio is one of the most critical issues in investment. In this process, the investor faces numerous alternatives and he must choose the most optimized one. Determining which shares are most suitable to be put in the portfolio and capital allocation between them, are complex issues. Theoretically, assuming constant return, we can minimize the risk by applying a quadratic equation, but experimentally and with respect to the Diverse investing tools and different investor's utility functions, the mathematical approach for solving this model requires vast calculation and planning. The main object of this research is applying genetic optimization algorithm in selecting a portfolio from Tehran Stock Exchange, listed companies, In away that the chosen portfolio minimize the investment risk while maximizing the return. In order to do this, we choose 40 companies shares from the population. After calculating the main variables – monthly risk and return for an eight year period- and preparing the required algorithm, the results are compared with Markowitz and the Random choice models ones in different levels of portfolio and with respect to hypotheses. Relevant statistical tests on 1st and 2nd hypotheses showed a meaningful difference; furthermore the genetic algorithm results defeated the Markowitz and the Random choice models.
Journal of Development and Capital
Shahid Bahonar University of Kerman
2008-2428
1
v.
2
no.
2008
127
148
https://jdc.uk.ac.ir/article_1895_c1a8cc9176e63568f70ac4986c62d205.pdf
dx.doi.org/10.22103/jdc.2008.1895
The Estimating of price elasticity for the supply of services in medical sector with fuzzy logic Naghi
Alireza
Shakibaie, Ph.D
Assistant professor of Economy , Shahid Bahonar university of Kerman, Kerman, Iran.
author
text
article
2008
per
The decision Relevant to the selecting of suitable appraisal for services of hygiene and medical services (suppliers and demanders). Otherwise all the decisions unscientific and leads to the waste of society's sources. The study uses fuzzy logic and Founded elasticity of services for medical 0.57 percent. This number has the sign of positive relation between quantity and price of these services. And with rise one percent price the supply will rise only 0.57 percent.
Journal of Development and Capital
Shahid Bahonar University of Kerman
2008-2428
1
v.
2
no.
2008
149
181
https://jdc.uk.ac.ir/article_1896_795b262da1e3c6f4dbccd912ce785c81.pdf
dx.doi.org/10.22103/jdc.2008.1896
Determinants of dividend policy in firms listed on Tehran Stock Exchange
Omid
Pourheidari, Ph.D
Assistant Professor of Accounting, Shahid Bahonar University of Kerman, Kerman, Iran.
author
Mohammad
Khaksari
M.A. of Management, Shahid Bahonar University of Kerman, Kerman, Iran.
author
text
article
2008
per
The aim of this research is to identify factors that influence dividend policy in firms listed on the Tehran Stock Exchange (TSE) over the priod 1380-1384. Based on conceptual literature the study investigates four factors that including the stability of cash flow, degree of financial leverage, the availability of profitable investment opportunities, and stability of profitability. The findings show that the most important of determinant a firm's dividend policy is the stability of cash flow. This finding is in agreement with Lintner's study [9] on dividend policy. Also, our finding indicated that degree of financial leverage and stability of profitability no influencing dividend policy in firms listed on TSE.
Journal of Development and Capital
Shahid Bahonar University of Kerman
2008-2428
1
v.
2
no.
2008
183
200
https://jdc.uk.ac.ir/article_1897_019ac114f4160381d8599831bad52bb0.pdf
dx.doi.org/10.22103/jdc.2008.1897