List of Articles بتای سنتی

• Open Access Article
  • Abstract Page
  • Full-Text
  
  1 - Investigating the relationship between Default risk of banks and risk-return of their stocks in Tehran Stock Exchange
  Abdolmajid Dehghan Mohsen Farhadi sharif Abad Alireza Fahimi
  This paper examines the relationship between the Default risk of banks operating in the Tehran Stock Exchange and the risk-return of their stocks.  In order to measure the Default risk the ratio of doubtful debt to total loans is used. Data is collected in the peri More

  This paper examines the relationship between the Default risk of banks operating in the Tehran Stock Exchange and the risk-return of their stocks.  In order to measure the Default risk the ratio of doubtful debt to total loans is used. Data is collected in the period of 2008 to 2014 and includes 16 banks and Default institutions under the supervision of the Iranian Central Bank, whose stocks are traded in Tehran Stock Exchange. In order to calculate the risk of banks, the two measures of traditional beta and downside beta was used on which the impact of Default risk is assessed. The results indicate that the Default risk of banks has a significant negative impact on stock returns of banks in Tehran Stock Exchange has. It was also demonstrated that there is positive relationship between the bank Default risk and the both variables of risk (traditional and Downside beta).   Manuscript profile