List of Articles آرش نادریان

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  1 - The Relationship between Capital Investment Choice and Capital Productivity: A Test of Firm Life Cycle Theory (A Comparative Investigation of Cyclical and Non-Cyclical Companies)
  Ali Khamaki Parviz Saeidi Arash Naderian Ali Khozain
  10.22034/amfa.2018.577349.1124
  According to the firm life cycle theory, companies go through certain behavioral patterns in various stages of their life. A thorough understanding and recognition of these behavioral patterns, new investment in assets and the optimal use of assets can considerably enha More

  According to the firm life cycle theory, companies go through certain behavioral patterns in various stages of their life. A thorough understanding and recognition of these behavioral patterns, new investment in assets and the optimal use of assets can considerably enhance the capital productivity. In the current study, the relationship between the stages of firm life cycle and capital productivity and mediation relationship of the capital investment choice in the two groups of companies have been examined, and methodically compared and contrasted. To examine the research hypothesis, the data were gathered from 118 companies accepted in Tehran Stock Exchange during a period of 7 years. Findings of the research clearly indicated that there is a positive relationship between introduction, growth and maturity stages with capital productivity in the cyclical and non-cyclical companies. Regarding the cyclical companies, a positive relationship was witnessed between the decline stage and capital productivity. Such a relation, however, was not found between the two variables in non-cyclical companies. Also, no significant relationship was observed among the stages of introduction, growth, maturity and the capital investment choice in both groups of companies. In non-cyclical companies, the relationship between the decline stage and the capital investment choice was positive, while there was no relationship between cyclical companies. Capital investment choice also failed to prove the assumed mediating role. Manuscript profile
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  2 - The Effect of Industry Type on the Relationship between Financial Reporting Transparency and Financial Health in Tehran Stock Exchange
  Gholamreza Taherpour Ali Khozain Arash Naderian Gemadverdi Gorganli Doji
  10.22034/amfa.2020.1877543.1281
  This study aimed to evaluate the effect of industry type on the relationship between financial reporting transparency and financial health in companies listed in Tehran Stock Exchange. The statistical population included companies listed in Tehran Stock Exchange during More

  This study aimed to evaluate the effect of industry type on the relationship between financial reporting transparency and financial health in companies listed in Tehran Stock Exchange. The statistical population included companies listed in Tehran Stock Exchange during 2005 to 2016. By systematic elimination, 79 companies from 5 industries were selected as statistical sample and were tested by composite regression of hypotheses. Results of significant coefficients test based on fitted regression equations indicated a significant positive relationship between financial reporting transparency and financial health. The moderating relationship of industry type was also confirmed on the relationship between financial reporting transparency and financial health. Hence, business continuity and profitability (financial health) will be greater by investing in companies that have greater financial reporting transparency. Thus, the relationship between financial reporting transparency and financial health is high in industries of automobile, auto part, basic metals, chemicals, cement, lime and plaster, and pharmaceuticals, respectively. Manuscript profile
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  3 - Financial Reporting Readability: A new Artificial Neural Network and Multi-Indicator Decision Making Approach
  Ali Asghar Khazaei Harivand Arash Naderian Majid  Ashrafi Ali  Khozin
  The desirability of the financial reporting can greatly help the users of finan-cial information in making investment decisions. The purpose of this re-search is to measure the readability of financial reporting using a multi-indicator decision-making model and the arti More

  The desirability of the financial reporting can greatly help the users of finan-cial information in making investment decisions. The purpose of this re-search is to measure the readability of financial reporting using a multi-indicator decision-making model and the artificial neural network method and the role of information presentation time in its improvement. In this research, various indicators have been used to measure the readability of financial reporting, and the quality of reporting is obtained through the rank-ing of companies by the stock exchange. In this research, the number of 149 companies admitted to the Tehran Stock Exchange in the period of 2010-2020 was examined, and to measure the financial readability through struc-tural equations and Stata software, and to test the hypothesis of the research, the regression model and Eviews econometrics software were used. In this study, we have tried to Use machine learning techniques and optimization tools as a way to derive adaptive-robust nonlinear models that can reduce the risk of model error as much as possible. The findings of the research show that the time of providing information has an impact on the readability of financial reporting. The obtained outputs from the estimation of the artificial neural networks and results obtained from estimation, using of this method with evaluation scales concerning random amount and comparing it with adjusted R, we found that there is meaningful relation between the associated variables and return. However, such network has the least error than other networks. The results show an overall improvement in forecasting using the neural network as compared to linear regression method. In other words, our proposed system displays an extremely higher profitability potential. The obtained result can be argued that the more the company's information is provided by the managers to the company's shareholders and investors on time and at the right time, the more readable and understandable the financial reports will be. Manuscript profile