• List of Articles


      • Open Access Article

        1 - ISLAMIC GREEN FINANCIAL LITERACY: LESSON FROM SME’s ISLAMIC INDONESIAN
        Asep Rokhyadi Permana Saputra Rahmawati Rahmawati Fety Rochyawati Qudrat Mulya Nur Huda
        The development of Islamic financial literacy behavior has been good among MSMEs, but as a result of global warming, Islamic green finance is still new in its application. This study aims to explore the extent to which the literacy of MSMEs in Jogjakarta whose ownership More
        The development of Islamic financial literacy behavior has been good among MSMEs, but as a result of global warming, Islamic green finance is still new in its application. This study aims to explore the extent to which the literacy of MSMEs in Jogjakarta whose ownership is Muslim applies Islamic green finance so that there is a change in Islamic financial behavior. The literacy includes being influenced by external and internal factors, namely social influence; Islamic financial knowledge; Islamic financial attitude; Islamic financial behavior; fiqh knowledge; Islamic green finance. The research method to reveal it, by testing the variable instrument is the validity and reliability test, goodness-of-fit measures, with structural equation modeling. The results show that there is no social influence on Islamic financial attitude, there is an influence of Islamic financial knowledge on Islamic financial attitude, there is an influence of Islamic financial attitude on Islamic financial behavior, there is an influence of fiqh knowledge to strengthen Islamic financial knowledge on Islamic financial attitude, and there is an Islamic green influence. financial strengthens Islamic financial knowledge towards Islamic financial attitude. Manuscript profile
      • Open Access Article

        2 - Investigating the Relationship between CEO Optimism, CEO Selection, compensation, and Corporate Investment Decisions
        Parvin Sadri shima parysay
        This study aims at investigating the relationship between CEO optimism, CEO selection, compensation, and corporate investment decisions. The study focused on companies listed on the Tehran Stock Exchange between 2015 and 2021. The present research falls into the categor More
        This study aims at investigating the relationship between CEO optimism, CEO selection, compensation, and corporate investment decisions. The study focused on companies listed on the Tehran Stock Exchange between 2015 and 2021. The present research falls into the category of applied research. If we classify research types based on nature and methodology, the current research method falls into the descriptive research category and, in terms of methodology, is considered a correlational study. For data collection, a library research method was employed. Data were collected from financial statements, explanatory notes, and the stock exchange monthly magazine for the sample companies. Using a systematic elimination method, 126 companies were selected as the statistical sample. Descriptive and inferential statistics were used for data description and summarization. To analyze the data, preliminary tests such as variance heterogeneity tests, Levene’s, Hausman, and Jarque–Bera tests were conducted. Subsequently, a multivariate regression test was used to confirm or reject the research hypotheses (using E-Views software). The obtained results indicated that CEO optimism significantly influences CEO selection, bounces, and corporate investment decisions. Manuscript profile
      • Open Access Article

        3 - The Moderating Role of Human Resources Strategic Role in Human Resources Outsourcing Decision at Telecommunications Sector
        Dana__MHD Dib__Alkwaify Dana__MHD Dib__Alkwaify Ayman Dayoub Mohsen__shafiei__Nikabadi Mohsen__shafiei__Nikabadi
        Purpose: The purpose of this article is to investigate and comprehend the moderated impact of the strategic function of human resources in the relationship between Asset Specificity and the decision to outsource human resources in Syria's telecommunications sector. More
        Purpose: The purpose of this article is to investigate and comprehend the moderated impact of the strategic function of human resources in the relationship between Asset Specificity and the decision to outsource human resources in Syria's telecommunications sector. The study seeks to analyse how the relationship between these two variables is influenced and how the presence of the strategic role of human resources can affect this relationship. Design/methodology/approach: In order to analyze the intricate link between various components, this study used a multi-theoretical framework that incorporated the Transaction Cost Economics and the Resource-Based View theories. To do this, the researcher sent electronic questionnaires to human resources employees in Syrian telecoms companies. The researcher then conducted a thorough survey of the statistical population. A total of 150 questionnaires were found, which corresponds to a 62.5% response rate from the sample population. The researcher used hierarchical multiple regression analysis and the SPSS program to statistically test the hypotheses. Findings: The extent of outsourcing human resources was found to be negatively impacted by asset specificity, according to the study. Additionally, it was discovered that the strategic role of human resources had a moderating effect, strengthening and intensifying the link between Asset Specificity and the degree of outsourcing and so boosting its explanatory power. Based on these findings, the report offered a number of suggestions for Syria's telecom industry. It is important for decision-makers to be aware of the level of asset specificity and how it affects outsourcing choices. Manuscript profile
      • Open Access Article

        4 - Providing a model for overcoming the valley of death for financial technology startups
        amir ebrahimpour Alireza  Askarzadeh hamideh reshadatjoo
        The purpose of this research is to provide a model to overcome the valley of death for financial technology startups. This research is practical in terms of purpose and descriptive-survey in terms of data collection. The community under investigation is the services of More
        The purpose of this research is to provide a model to overcome the valley of death for financial technology startups. This research is practical in terms of purpose and descriptive-survey in terms of data collection. The community under investigation is the services of five technology-oriented startups in the financial field. After defining the topic and conducting preliminary exploratory and library studies, the factors and components were determined through thematic analysis and by a researcher-made questionnaire that reached the opinion of academic and professional experts familiar with the topic (including 3 university professors and 9 experts) and after obtaining corrective comments. Their qualitative and quantitative analysis (using the Delphi method) has reached the consensus of the elite based on statistical methods related to the ultimate analysis of the model, its components and the combination of factors. In the qualitative part, Maxqda software was used for thematic analysis, and in the quantitative part, Smart pls software was used for factor analysis. This research was formed according to the number of 273 primary codes, of which 30 were open codes and 10 were central codes. The research findings showed that (technology development, institutional pressures, active players in the innovation system, government support, high entrepreneurial intelligence, high liquidity, complex customer base, cooperation, successful demonstration of commercialization) has a significant impact on Death Valley. The results showed that the components of overcoming the valley of death on a better understanding of the use of startups among startups in the financial technology field can cause more optimal use of it among them. Using the introduced model helps startups to identify the components of overcoming the valley of death of startups and to understand their strengths and weaknesses in relevant fields and also to be more efficient in the competitive environment. Manuscript profile
      • Open Access Article

        5 - Hedging stock price risk with gold during the outbreak of the covid pandemi
        Ali Baghani Mojtaba  Karimi Azin Sadat   OstadRamadan
        Risk contagion refers to the transmission of information across financial markets. However, for investors, minimizing risk is crucial, and one way to achieve this is by diversifying their investment portfolio across different markets. In this research, the focus is on m More
        Risk contagion refers to the transmission of information across financial markets. However, for investors, minimizing risk is crucial, and one way to achieve this is by diversifying their investment portfolio across different markets. In this research, the focus is on managing investor risk in the capital market by hedging stock price risk with gold, particularly during the COVID-19 outbreak. The DCC (Dynamic Conditional Correlation) and ADCC (Asymmetric Dynamic Conditional Correlation) models were employed for this purpose. The data used for analysis encompasses the monthly prices of Bahar Azadi gold coin and company stocks from 2017 to 2022. The research findings indicate an asymmetric correlation between the price of Bahar Azadi gold coin and the stock price of selected chemical and basic metals companies during the research period. The optimal risk hedging ratios have significantly increased in all companies during the COVID period, implying higher risk hedging costs. The research also reveals that F_khas (Khorasan steel company) exhibits the highest risk hedging efficiency, indicating its effectiveness in using gold for risk hedging. On the other hand, the symbol of Sh_iran (Iran Chemical Industries Company) demonstrates the lowest efficiency in using gold for risk coverage. These results offer an opportunity for investors to optimize their risk hedging and asset allocation strategies. Manuscript profile
      • Open Access Article

        6 - Using SWOT Analysis to develop a strategy for the transfer of Intelligent Oil Fields Technology in Iran
        Hajar Pouran Manjily Mahmood Alborzi Turaj  Behrouz Mohammad Seyedhoseini
        Oil and natural gas are the main industries in the energy market and play a critical role in the global economy. This industry is improved due to technological advancements, and new technologies are applied for better exploitation and increased profitability. When deali More
        Oil and natural gas are the main industries in the energy market and play a critical role in the global economy. This industry is improved due to technological advancements, and new technologies are applied for better exploitation and increased profitability. When dealing with shared oil reservoirs, the importance of this issue becomes more apparent. This paper describes a SWOT carried out to plan the strategy for the transfer of intelligent oil fields technology in Iran. Several potential solutions may be pursued to enhance the transfer and implementation of intelligent technology in Iranian oil fields. These may involve the establishment of oil field development contracts with neighboring countries to manage shared fields collaboratively, the avoidance of conflicts of interest in equipment supply contracts, the implementation of legal requirements mandating the adoption of intelligent field technology by oil companies, the provision of investment incentives, and the hiring of information technology and network specialists. By implementing these measures, it is anticipated that the overall efficiency and effectiveness of oil field operations in Iran will be significantly improved. Manuscript profile