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      • Open Access Article

        1 - Provide a Debt Financing Model for Financial Institutions and Banks Based on Crowdfunding with a Grounded Theory Approach
        ghazal SHAHABI SHOJAEI fereidoon rahnama Shadi Shahverdiani hashem nikoomaram
        Financial managers of companies often need financing to carry out development projects or their daily turnover finance. In recent years, crowdfunding has become a valuable alternative source of funding for entrepreneurs seeking funding. Therefore, in this study, which h More
        Financial managers of companies often need financing to carry out development projects or their daily turnover finance. In recent years, crowdfunding has become a valuable alternative source of funding for entrepreneurs seeking funding. Therefore, in this study, which has been used qualitatively and with the Grounded Theory, the appropriate model of debt financing of banks through crowdfunding is sought. For this purpose, the opinions of ten experts in this field who were selected using the snowball method were used to identify the factors affecting the debt of financial institutions and banks. After the interviews, the results showed that the banks' debt financing is formed as a result of mass communication (causal conditions), trust building and culture building (intervening conditions) and environmental factors and legalism (ruling bed) which uses e-commerce strategy to secure the debts of banks and credit institutions. Manuscript profile
      • Open Access Article

        2 - Systemic risk assessment models: a better approach in Iranian financial institutions
        majid noroozi Hamid Reza Kordlouei Reza gholamijamkarani hossein Jahangirnia
        ریسک سیستمیک به خطر شکست سیستم مالی یا شکست کل بازار اطلاق می‌شود. این ریسک می‌تواند از بی‌ثباتی یا بحران در مؤسسات مالی نشأت بگیرد و در اثر سرایت به کل نظام مالی انتقال یابد. به‌عبارتی ریسک سیستمیک به میزان به‌ هم‌پیوستگی در یک سیستم مالی اشاره دارد جایی‌که شکست در یک More
        ریسک سیستمیک به خطر شکست سیستم مالی یا شکست کل بازار اطلاق می‌شود. این ریسک می‌تواند از بی‌ثباتی یا بحران در مؤسسات مالی نشأت بگیرد و در اثر سرایت به کل نظام مالی انتقال یابد. به‌عبارتی ریسک سیستمیک به میزان به‌ هم‌پیوستگی در یک سیستم مالی اشاره دارد جایی‌که شکست در یک نهاد مالی می‌تواند به بحران کل سیستم منجر شود. این تحقیق با توجه به رویکردهای مختلف جهت اندازه‏گیری ریسک سیستمیک به دنبال انتخاب رویکرد بهتر برای اندازه‏گیری ریسک سیستمیک است. انتخاب رویکرد بهتر با توجه به خطای پیش‏بینی ارائه شده توسط هریک از مدل‏ها است. مدل‌های به کار گرفته شده اعم از مدل‏های گارچی چند متغیره، مدل ارائه شده توسط برانلس و انگل به نام VCT، مدل‏های عاملی‏، مدل‏های آماری دومتغیره است. نتایج تحقیق نشان می‏دهد که مدل پیشنهادی برانلس و انگل (VCT) خطای کمتری را نسبت به سایر مدل‏ها از خود نشان داده است. Manuscript profile
      • Open Access Article

        3 - Investigating the Effect of Developing Financial Institutions on Economic Growth with Panel Vector Autoregressive Approach and Markov Switching Approach in MENA Member Countries
        Marjan Habibollahi Reza Maaboudi Mohammad Khorsand
      • Open Access Article

        4 - Transformation of Household Credit Behavior in the Conditions of Digitalization of the Financial Services Market
        Maksym Dubyna Artur Zhavoronok Nataliia Kudlaieva Inna Lopashchuk
      • Open Access Article

        5 - The Impact of Islamic Banking and Non-banking Financial Institutions on Economic Growth in Iran – A Generalized Method of Moments (GMM)
        saeed farahanifard majid feshari yavar khanzadeh
        Abstract The banks and non-banking financial institutions have facilitated trading and commercial activities and increased the markets, and economic growth and prosperity by organizing and directing the payments. In this study, firstly, the researchers have explained t More
        Abstract The banks and non-banking financial institutions have facilitated trading and commercial activities and increased the markets, and economic growth and prosperity by organizing and directing the payments. In this study, firstly, the researchers have explained the channels by which banking and non-banking financial institutions affect economic growth, and secondly, paid attention to the ways of affecting the explanatory variables on economic growth in Iran. At the end, by using the traditional model of King and Levine Generalized Method of Moments (GMM), the effects of non-banking financial institutions supervised by Central Bank of IRI and Commercial and specialized banks are studied during 1999:Q1 - 2013:Q4. The empirical results of this study have indicated that all explanatory variables used have significantly positive effect on economic growth. Also, the experimental results have shown that banking financial institutions have a greater and significant effect on economic growth compared to non-banking financial institutions. Manuscript profile
      • Open Access Article

        6 - Evaluating the Performance of Financial Institutions using a Data Envelopment Analysis model in a FDH networks (Case Study: Saman Bank)
        Hadise Vahedi-Anvar Narges Norouzi
        Today, measuring efficiency is one of the most important methods of performance evaluation in any organization. The outputs obtained in all inputs represent the efficiency. Due to the comprehensiveness of the banking sector, it can be introduced as one of the main areas More
        Today, measuring efficiency is one of the most important methods of performance evaluation in any organization. The outputs obtained in all inputs represent the efficiency. Due to the comprehensiveness of the banking sector, it can be introduced as one of the main areas of economic development. In this paper, a data envelopment analysis (DEA) model in a Free Disposal Hull (FDH) network is presented considering the undesirable output for handling the status of the financial deposits in Saman Bank branches. Since the basic models calculate efficiency by considering the overall output and input and ignoring the internal relationships in the banking process flow system; therefore, by considering this issue, in this paper, we present a DEA model that calculates the efficiency score of the branches with the high accuracy. Then the proposed model is compared to the basic CCR model. Finally, the cross-performance method is used to rank the units of the branches. Manuscript profile
      • Open Access Article

        7 - Special Financial Institutions in Financing Projects of The Tourism Industry of Iran in The Capital Market
        Masoumeh naderi hasan Ghalibafasl Gholamhaidar Ebrahimbai Salami Mirfeiz Fallah Shams
        The purpose of the research is to examine special financial institutions; In the financing of tourism industry projects in Iran, it is based on the capital market. Based on the philosophical premise, this research is interpretive. Also, its paradigm is pragmatism and it More
        The purpose of the research is to examine special financial institutions; In the financing of tourism industry projects in Iran, it is based on the capital market. Based on the philosophical premise, this research is interpretive. Also, its paradigm is pragmatism and its approach in the field of mixed research. Here, there is a tendency towards the applicability of "what works" and solutions to problems. Therefore, the important dimensions of the research and its questions are emphasized, so no hypotheses are examined and its purpose is to answer the research questions. In this method, the researcher has compared and summarized the qualitative and quantitative results with the triangulation approach by reviewing the documents and asking the experts' opinions through preliminary semi-structured interviews and questionnaires using the Delphi method. The results have shown that real estate investment funds, project joint stock company, risk investment fund, tourism infrastructure investment fund, bond guarantee syndicate by the tourism development fund with banks, playing the role of reinsurer by the fund The development of tourism, the formation of a joint insurance association for the compensation of tourism projects has been agreed upon. Manuscript profile
      • Open Access Article

        8 - Identification of Effective and Influential Factors on Debt Financing for Financial Institutions and Banks in the form of crowdfunding Using Fuzzy DEMATEL Method
        Ghazal Shahabi shojaei Shadi Shahverdiani Hashem Nikoumaram
        The purpose of this research is to identify the effective factors on the debt financing of the financial institutions and banks in the form of the crowdfunding using Fuzzy DEMATEL to propose a model for obtaining the essential conditions for crowdfunding. Debt financing More
        The purpose of this research is to identify the effective factors on the debt financing of the financial institutions and banks in the form of the crowdfunding using Fuzzy DEMATEL to propose a model for obtaining the essential conditions for crowdfunding. Debt financing is borrowing money from companies and investors through bonds, banks or financial institutions to support related business activities. The research methodology is fuzzy technique, in which multi-criteria decision method (MADM) is used. The opinions of the experts and interviews with ten related experts and the snowball method have been used to reach the theoretical saturation stage in order to identify the factors affecting the development of crowdfunding model and also open, axial and optional coding has been considered. The results depicted identification of the influential factors in crowdfunding including legalism, culture building, funding, collective communication, e-commerce and trust building. According to the results of the study, it can be concluded that this issue is difficult regardless of the effective factors of crowdfunding to finance debt in financial institutions and banks in order to grow. Manuscript profile
      • Open Access Article

        9 - Presenting a model for evaluating the social responsibility planning and management of banks (including a case study)
        Ehsan Beigi Mohammadreza Rasouli Seyed Vahid Aghili
        Compared to other companies, banks play a key role in institutionalizing social responsibility in societies. The role of banks as facilitators and drivers of economic and trade wheels, as wealth-generating institutions and also as service providers for local, national a More
        Compared to other companies, banks play a key role in institutionalizing social responsibility in societies. The role of banks as facilitators and drivers of economic and trade wheels, as wealth-generating institutions and also as service providers for local, national and international communities, shows the importance of these institutions in promoting the intellectual movement of social responsibility in the whole society. The purpose of the research is to provide a model to evaluate the social responsibility planning and management of banks. Among the main functions of this research, we can mention the identification of goals and formulation of programs related to corporate social responsibility, creating a common understanding and language of corporate social responsibility among senior managers, facilitating measures related to social responsibility planning and management, and supporting the implementation of these programs. did The findings show that there is a perfect match between the perspective of public relations and the performance of banks in choosing areas of responsible activity, so that both departments state that charitable and humanitarian activities, helping the injured, etc., have been favored by banks. Manuscript profile