List of Articles company value

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  1 - The impact of economic policy uncertainty and corporate social responsibility with emphasis on the mediating role of intellectual capital and research and development
  malihe alifarri Mitra Hamedinejad
  10.30495/jisds.2022.69623.11797
  The current research was conducted with the topic of economic policy uncertainty and company value: the mediating role of intellectual capital and research and development. The research is considered to be applied in terms of purpose and in terms of descriptive-correlat More

  The current research was conducted with the topic of economic policy uncertainty and company value: the mediating role of intellectual capital and research and development. The research is considered to be applied in terms of purpose and in terms of descriptive-correlational method. The statistical population of this research is all the companies of Tehran Stock Exchange during the years 2014 to 2016. The sample used was also selected through the method of systematic exclusion from the statistical population, in this order, 114 companies have been selected as the research sample, to examine and test the hypotheses. Research data analysis was done using EVIEWS10 software and regression test. The results showed that there is a positive and significant relationship between economic policy uncertainty and social responsibility; Intellectual capital has a positive and significant effect on the relationship between social responsibility and company value; Intellectual capital has a positive and significant effect on the relationship between corporate governance and company value; Research and development has a positive and significant effect on the relationship between social responsibility and company value, and research and development has a positive and significant effect on the relationship between corporate governance and company value. Manuscript profile
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  2 - Evaluation and Analysis of Space-Community Structures and Social Security in Islamshahr Neighborhoods
  Ali Akbar Tavakoli nejad Rahim Sarvar
  10.30495/jisds.2023.59235.11476
   Abstract: The current research was conducted with the topic of economic policy uncertainty and companyvalue: the mediating role of intellectual capital and research and development. The research is considered to beapplied in terms of purpose and in terms of descri More

   Abstract: The current research was conducted with the topic of economic policy uncertainty and companyvalue: the mediating role of intellectual capital and research and development. The research is considered to beapplied in terms of purpose and in terms of descriptive-correlational method. The statistical population of thisresearch is all the companies of Tehran Stock Exchange during the years 2014 to 2016. The sample used wasalso selected through the method of systematic exclusion from the statistical population, in this order, 114companies have been selected as the research sample, to examine and test the hypotheses. Research dataanalysis was done using EVIEWS10 software and regression test. The results showed that there is a positive andsignificant relationship between economic policy uncertainty and social responsibility; Intellectual capital has apositive and significant effect on the relationship between social responsibility and company value; Intellectualcapital has a positive and significant effect on the relationship between corporate governance and companyvalue; Research and development has a positive and significant effect on the relationship between socialresponsibility and company value, and research and development has a positive and significant effect on therelationship between corporate governance and company value.  Manuscript profile
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  3 - Presenting and explaining a model to create the value of the company according to the role of accounting standards management, financial reporting quality and audit quality using meta-innovative models
  saman khorshid yahya kamyabi mehdi khalilpour
  In the world of investment, decision making is the most important part of the investment process, in which investors need to make the most optimal decisions in order to achieve their maximum benefits and wealth. In this regard, the most important factor in the decision- More

  In the world of investment, decision making is the most important part of the investment process, in which investors need to make the most optimal decisions in order to achieve their maximum benefits and wealth. In this regard, the most important factor in the decision-making process is information. Information can have a significant impact on the decision-making process. Because it makes different decisions in different people. In the stock market, investment decisions are also affected by information. Therefore, this study seeks to provide and explain a model to create the value of the company according to the role of management of accounting standards, financial reporting quality and audit quality using meta-innovative models. To achieve this goal, the data of 101 companies listed on the Tehran Stock Exchange during the period 1392 to 1397 were collected, and the optimized algorithm method was used to analyze the data. The research findings indicate that all three meta-functional methods have the power to estimate economic value added and market value added. However, the estimated value of economic value added and market value added in the night cream algorithm is higher than the two decision tree algorithms and the regression machine-supporting algorithm algorithm. Is higher. Manuscript profile
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  4 - Evaluate the stock market performance of companies based on uncertainty in the internal information environment and behavioral biases
  reza aghaha sina kherdyar Farzin Rezaei fadhel mohamadi node
  Uncertainty due to environmental changes, limited resources and higher profits have made planning a necessary necessity. For this reason, recognizing and analyzing the internal environment is very important for directing the resources of organizations. Understanding the More

  Uncertainty due to environmental changes, limited resources and higher profits have made planning a necessary necessity. For this reason, recognizing and analyzing the internal environment is very important for directing the resources of organizations. Understanding the internal environment of the organization in practice means determining the strategic strengths and weaknesses of the organization, which is possible through the identification and evaluation of internal strategic factors. The purpose of this study is to evaluate the stock market performance of companies based on uncertainty in the internal information environment and behavioral bias. To test the hypotheses, the information of 84 companies listed on the Tehran Stock Exchange in the period between 1397-1391 has been used. The results showed that there was a positive and significant relationship between managers 'distrust and corporate value, but there was a negative and significant relationship between managers' distrust and corporate equity costs. Had. The results showed that there is a positive and significant relationship between managers' pessimism and information prominence and the cost of equity of companies, respectively. Uncertainty in the internal information environment weakens the relationship between managers 'distrust and corporate value, but internal information uncertainty strengthens the relationship between managers' pessimism about stock market performance and information prominence with corporate value. But uncertainty in the internal information environment undermines the relationship between information prominence and the cost of corporate equity. Manuscript profile
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  5 - Investment Opportunity Evaluation by Analyzing the Effective Financial Structure on Company Value
  Zahra Amir- Hossieni Masoumeh Ghobadi
  Regarding to the requirement of making decisions related to buy or invest in new economic institutions along with correct and detailed information about their status and economic development circumstances, the estimated potential investment identifies its role and impli More

  Regarding to the requirement of making decisions related to buy or invest in new economic institutions along with correct and detailed information about their status and economic development circumstances, the estimated potential investment identifies its role and implication ever better. Recognizing the effectiveness created by the financing strategy on organizational values, alongside the factors   playing a key role in the process of evaluating the financial structure are urgent elements lead to the success of such an scheme. This research aims to draw a series of mathematical models which could be used as instruments for defining the quantification of the impacts generated by the financial structure on the companies’ value based on a sample consisted of 75 companies quoted in Tehran Stock Exchange regarding to the weight of their activities in gaining Gross Domestic Product (GDP) in 1391(solar year). Simultaneously, this study tries to determine the internal factors that are specific to the company and characterize the feature of the financial structure and intensity of their performance upon financial leverage as well. For getting results, methods of data analysis were used such as:  ratio technique, linear regression analysis or alternative independent variables, ANCOVA type. Data processing was accomplished using SPSS21 and AMOS20 statistical software. The results represent that there is a positive relation between the ratio of financial self-independence and dividend ratio of the company value in one hand, and negative relationship between debt ratios and value of the firm in the other hand. Also, increased ratio of financial self-independence and the cash ratio decrease financial leverage, while, increased return of assets and the ratio of intangible fixed assets will increase financial one. Manuscript profile
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  6 - The Role of Financial Instruments and Derivatives Disclosure on the Excess Return and Company Value Based on Iran Accounting Standards
  Mojtaba Chavoshani Babak Jamshidinavid Mehrdad Ghanbari Afshin Baghfalaki
  10.22034/amfa.2019.585011.1181
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  7 - The relationship between The optimal cash holdings speed of adjustment and firm value
  Mahdi Filsaraei Mohammadreza shoorvarzi Maryam Azaran
  This study investigates the relationship between cash adjustment speed and company value in a studied sample of companies on the Tehran Stock Exchange. The present study is applied in terms of purpose, quantitative data in terms of data type, inductive in terms of logic More

  This study investigates the relationship between cash adjustment speed and company value in a studied sample of companies on the Tehran Stock Exchange. The present study is applied in terms of purpose, quantitative data in terms of data type, inductive in terms of logic and descriptive-correlation in terms of execution. In this research, various sources including books, internal and external articles and the Internet have been used. Relationships between variables have been tested using correlation and multiple regression models with a dynamic panel approach. First, the collected data were classified in Excel and after organizing the variables, R statistical software was used to analyze the information. In order to test the research hypotheses, a statistical sample of 148 companies listed on the Tehran Stock Exchange was considered by the method of systematic elimination during the years 2012-2020. Based on statistical analysis and estimation of regressions, the results of examining the hypotheses at the expected error level showed that there is a significant relationship between the speed of cash adjustment and the value of the company. Institutional shareholders do not adjust the relationship between the speed of cash adjustment and the value of the company. Board independence does not regulate the relationship between the speed of cash adjustment and the value of the company. Investment efficiency does not moderate the relationship between the speed of cash adjustment and the value of the company. Corporate debt regulates the relationship between the speed of cash adjustment and the value of the company. Manuscript profile
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  8 - Investigating the moderating role of board characteristics on the relationship between company value and tax planning
  mohamad mohamadi
  Taxation is one of the most important government revenues, especially in third world countries, receiving and spending it is associated with many challenges. For this reason, some companies are trying to get less tax out of the company for various reasons and motives. T More

  Taxation is one of the most important government revenues, especially in third world countries, receiving and spending it is associated with many challenges. For this reason, some companies are trying to get less tax out of the company for various reasons and motives. The main purpose of this study is to investigate the moderating role of board characteristics on the relationship between firms value and tax planning in companies listed on the Tehran Stock Exchange. This research is applied in terms of purpose and analytical in nature. To collect its data, the financial statements of the companies of Tehran Novin Stock Exchange have been used. The statistical sample of the research is 105 companies listed on the Tehran Stock Exchange during the years 1393 to 1398. The findings of the present study show that the value of the company has a positive and significant effect on tax planning and the duality of the CEO's duties, the size and independence of the board of directors intensifies the effect of the value of the company on tax planning. Manuscript profile
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  9 - Analyzing the impact of management ability on firm value in response to competitive market threats
  Seyed Hesam Vagfi Azam Rajabi Jirandeh Zeynab Nourbakhsh Hosseiny
  10.30495/msds.2021.1938936.1010
  The purpose of this study is to analyze the impact of management ability on firm behavior in response to competitive market threats. The spatial scope of this research was the companies listed on the Tehran Stock Exchange and the time domain was between 2009 and 2017. I More

  The purpose of this study is to analyze the impact of management ability on firm behavior in response to competitive market threats. The spatial scope of this research was the companies listed on the Tehran Stock Exchange and the time domain was between 2009 and 2017. In this study, the ability to manage the independent variable and the company behavior of the dependent variable was considered. The present study is in the category of applied research. If the classification of types of research based on nature and method is considered, the present research method is in the category of research. It is descriptive and in terms of method is in the category of correlational research. In this study, a library method was used to collect data and information. In the data section, the research was done by collecting data from sample companies by referring to financial statements, explanatory notes and the stock exchange monthly. Based on the systematic elimination method, 133 companies were selected as a statistical sample. Descriptive and inferential statistics have been used to describe and summarize the collected data. In order to analyze the data, first the variance heterogeneity pre-tests, F-Limer test, Hausman test and Jark-Bra test were used and, then multivariate regression test was used to confirm and reject the research hypotheses (EVIEWS Software). The results showed that the ability of managers affects the company value; in addition, competitive threats affect the relationship between managers' ability and investment in research and development costs and company value; The results obtained in this research are consistent with the documents mentioned in the theoretical framework of research and financial literature. Manuscript profile
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  10 - Structural equations relationship between asset growth, profit continuity, profit management and investment opportunities with profit sharing and company value
  Abdolrasoul Rahmanian Koushkaki Hossein Taheri
  10.30495/fed.2024.709340
  Abstract The main purpose of this research is to examine the relationship between assets growth, profit continuity, profit management and investment opportunities with profit sharing and company value among companies listed on the Tehran Stock Exchange. The statistical More

  Abstract The main purpose of this research is to examine the relationship between assets growth, profit continuity, profit management and investment opportunities with profit sharing and company value among companies listed on the Tehran Stock Exchange. The statistical sample of the research  includes 113 active companies in the Tehran Stock Exchange during the period from 2015 to 2019. Structural equation modeling (SEM) based on partial least squares (PLS) was used for statistical analysis. The findings of this study showed that assets growth, profit continuity, investment opportunities and profit management have an effect on dividends. There is also a significant relationship between earnings management and dividends. Finally, the distributed profit, assets growth, and the continuity of profit affect the company's performance. Finally, the distributed profit, the growth of assets, and the continuity of profit affect the company's performance. Finally, the distributed profit, profit growth, and the continuity of profit affect the company's performance. When investors determine the value of the company in terms of accounting data, it is necessary to consider the growth rate of assets. When the company does not have a shortage of available cash, the manager does not face a serious problem in allocating resources between investment opportunities and profit distribution. The growth of assets creates value for a company. Managers mostly proceed with profit continuation; Because the amount of profit and its fluctuation is important from the point of view of the company's shareholders and it affects the value of the company. Using investment opportunities and adopting favorable debt and profit sharing policies, which are among the tools of financial decisions, can improve the position of the company. Manuscript profile
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  11 - Company value prediction based on deep learning methods
  Seyedeh Maryam Babanezhad Bagheri Abbasali PourAghajan M. Mehdi Abbasian Feridoni
  10.30495/fed.2023.705603
  Abstract Prediction and clear understanding of the behavior of a phenomenon plays a major role in adopting strategies and decisions. All-round development and deepening of the capital market as the driving engine of economic development requires the public trust of par More

  Abstract Prediction and clear understanding of the behavior of a phenomenon plays a major role in adopting strategies and decisions. All-round development and deepening of the capital market as the driving engine of economic development requires the public trust of participants in its efficiency and correctness in determining the fair price of securities. On the other hand, predicting company value, price fluctuations, or stock returns is very important in portfolio selection, asset management, and even stock pricing of newly listed companies.In this research, using the data of 159 companies during a 10-year period including 2011-2020 and the factors affecting the company's value, including financial ratios, corporate governance mechanisms, macroeconomic factors, and the stock market, the company's value has been predicted. In this research, two structures of deep learning methods including GRU and BLSTM are used for better evaluation. The results of examining the data collected using deep learning techniques indicated that the combined model with a lower RMSE error than the GRU model predicted the value of the company. Manuscript profile
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  12 - The effect of number of shareholders on the behavior and value of companies based on the two models, Yang, and Ustaruk and Austenberg
  annahita zandi Fraydoon Rahnamay Roodposhti
  Officials and executives from various businesses generally believe that the breadth of the stockholders' base has significant market interest. Although researchers have also agreed on the basis that shareholders are one of the key determinants of company decisions, few More

  Officials and executives from various businesses generally believe that the breadth of the stockholders' base has significant market interest. Although researchers have also agreed on the basis that shareholders are one of the key determinants of company decisions, few studies have been conducted on this variable. In this study, it was found that the increase of the stockholders base, unlike the developed countries, in Iran, is not in the interest of the companies. The results suggest that raising the shareholder base will increase the risk of conflict between investors and controlling shareholders. In addition, the findings show that this increase has a negative and significant relationship with the risk behavior and value of the company, and has positive and significant benefits with the dividend. In addition, the results of this study indicate that With increasing agency conflicts, the possibility of expropriating individuals outside of the organization will increase by the internal members of the company. Manuscript profile
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  13 - The Relationship between Risk-Taking, Company Value and Management Judgment of Profit
  Meysam Mahmoudzade Amirreza Keyghobadi Mahnaz Nojavan Fariba Soltani
  10.30495/jdaa.2023.699871
  AbstractConsidering the competitive market environment that is in sync with the current economic conditions and financial crises, the investors' expectations of the profitability of the company play a significant role in their decisions, therefore, the examination of th More

  AbstractConsidering the competitive market environment that is in sync with the current economic conditions and financial crises, the investors' expectations of the profitability of the company play a significant role in their decisions, therefore, the examination of the template approach on the way of predicting the company's future profit by the management according to The level of risk-taking of the company and, accordingly, the display of the company's value, are important in the application of these decisions, and it seems necessary to address it. The aim of the current research is to investigate the relationship between risk-taking, company value and management's judgment of profit in companies listed on the Tehran Stock Exchange. For this purpose, the information related to 111 companies admitted to the Tehran Stock Exchange was collected and analyzed using multivariate regression.Data analysis shows that there is no significant relationship between risk-taking and management's profit forecast, and there is a significant relationship between the company's risk-taking and the future value of the company's shares. The results show that if the company is risk-taking, its future value will increase. Manuscript profile
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  14 - The role of research and development costs on the relationship between financial constraints and profit sharing on the value of pharmaceutical companies accepted in Tehran Stock Exchange
  Hossein Akbari Moghaddam Meisam Vahedian Mousa Ebrahimi
  10.30495/afi.2022.1947065.1078
  Purpose: In the present study, the role of research and development costs on the relationship between financial constraints and profit sharing on the value of pharmaceutical companies admitted to the Tehran Stock Exchange has been investigated. Valuation of companies is More

  Purpose: In the present study, the role of research and development costs on the relationship between financial constraints and profit sharing on the value of pharmaceutical companies admitted to the Tehran Stock Exchange has been investigated. Valuation of companies is one of the necessities of planning for managers and investors. If the company is successful in creating value, not only the investors and internal people of the companies, but also the society on a wider level will benefit from the creation of value.Methodology: In this research, the pharmaceutical companies admitted to the Tehran Stock Exchange between 2011-2018, including 34 companies, were investigated. The information was collected by using the data available in Rahavard Novin software and reviewing reports and financial statements by referring to the official website of the Tehran Stock Exchange; And correlation and regression tests of hypotheses were tested using Eviews10 software.Findings: The result of the first hypothesis test showed that there is an inverse and significant relationship between financial constraints and the value of pharmaceutical companies. The results of the second hypothesis test showed that there is a direct and significant relationship between profit sharing and the value of pharmaceutical companies. Finally, the results of the third hypothesis test showed that research and development costs have a significant effect on the relationship between financial constraints and company value, and the fourth hypothesis also showed that research and development costs have a significant effect on the relationship between profit sharing and company value.Originality / Value: The results of this research, in addition to developing the theoretical foundations of research and development expenses, especially in the country's pharmaceutical industry, will help the managers of this industry and investors to estimate the research and development costs by considering factors such as how costs change with the company's profitability change. and consider the positive effect of research and development costs in optimizing the value of companies and its negative effects when financial constraints over time. Manuscript profile
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  15 - Investigating the Relationship between herding Behavior Bias and Value of Companies in the Chemical Products Industry of Tehran Stock Exchange
  saeed pakdelan Mohammed Hussain vadeei Alireza Azarbrahman Samira Salim
  10.30495/afi.2021.1921364.1010
  Financial markets play a vital role in macroeconomics and sustainability. Therefore, considering this role in macroeconomics, it seems necessary to study the behavior of managers and investors regarding the tendency to imitate the actions of others and the formation of More

  Financial markets play a vital role in macroeconomics and sustainability. Therefore, considering this role in macroeconomics, it seems necessary to study the behavior of managers and investors regarding the tendency to imitate the actions of others and the formation of mass behavior and the impact of this behavior on the value of companies. The main purpose of this study is to investigate the bias of corporate mass behavior with the value of the company at the company, industry and the entire research community, which can help to develop behavioral financial issues. For this purpose, the behavioral bias of managers and investors was examined from the perspective of mass production at the company and industry levels and its effect on the value of the company was analyzed. To test the hypotheses, a sample of 44 companies active in the chemical products industry for the years 1391 to 1397 was selected and correlation and multivariate regression tests were used. The experimental results of this study indicate the existence of bias in the mass behavior of managers and investors at the industry level. The results showed that stock prices have a significant mass behavior at the company level. It was also confirmed that investor behavior bias can affect the value of the company. Finally, it was confirmed that the behavior of managers has a significant effect on the value of the company. Manuscript profile