Imam Hossein University Budget and Finance Strategic Research 2717-1809 1 3 2020 11 21 Designing an Optimal Indigenous Model of Risky Investment Development in Tehran Stock Exchange Using Grounded Theory and Fuzzy AHP Designing an Optimal Indigenous Model of Risky Investment Development in Tehran Stock Exchange Using Grounded Theory and Fuzzy AHP 11 50 205692 FA Asgar Najafiahmadabad PhD Student in Financial Management، Faculty of Economics and Management، Islamic Azad University of Tabriz،Iran 0009-0001-4791-9570 Nasser Fegh-hi Farahmand Faculty member of the Department of Management, Faculty of Economics, Accounting and Management, Islamic Azad University, Tabriz, Iran 0000-0001-6263-4787 Sirus Fakhimiazar Assistant Professor, Department of Management, Faculty of Economics, Accounting and Management, Islamic Azad University of Tabriz, Iran 0000-0001-6353-2432 Seyedali Payetakhti Oskoye Associate Professor, Department of Economics, Faculty of Economics, Accounting and Management, Islamic Azad University of Tabriz, Iran 0000-0001-8827-6236 Journal Article 2020 10 22 The purpose of this study was to design an optimal model for the development of risky investments in the Tehran Stock Exchange using grand theory and fuzzy AHP. The research method was a mixed method. In the first stage, using a qualitative approach, the basis of the research paradigm model has been extracted. The data collection tool was in the qualitative part of the interview. The statistical population of the qualitative section includes experts of investment funds, and 20 experts were selected for interview by theoretical sampling method. The data collection tool in this section was a researcher-made questionnaire that was designed based on the concepts extracted from the qualitative section. The statistical population of a quantitative part included the managers of listed companies. The sample size of this section has been determined based on the recommendations of the confirmation models of 210 people. The results of the qualitative section show 67 concepts in the form of 15 sub-categories and 6 main categories for the development of risky investment. The results of the quantitative section also showed that each of the main and sub-categories extracted from research experts could be generalized to the managers of listed companies. The purpose of this study was to design an optimal model for the development of risky investments in the Tehran Stock Exchange using grand theory and fuzzy AHP. The research method was a mixed method. In the first stage, using a qualitative approach, the basis of the research paradigm model has been extracted. The data collection tool was in the qualitative part of the interview. The statistical population of the qualitative section includes experts of investment funds, and 20 experts were selected for interview by theoretical sampling method. The data collection tool in this section was a researcher-made questionnaire that was designed based on the concepts extracted from the qualitative section. The statistical population of a quantitative part included the managers of listed companies. The sample size of this section has been determined based on the recommendations of the confirmation models of 210 people. The results of the qualitative section show 67 concepts in the form of 15 sub-categories and 6 main categories for the development of risky investment. The results of the quantitative section also showed that each of the main and sub-categories extracted from research experts could be generalized to the managers of listed companies.

https://fbarj.ihu.ac.ir/article_205692_04bc9a8f15c0543cb7de7d163e3bcdd9.pdf

Imam Hossein University Budget and Finance Strategic Research 2717-1809 1 3 2020 11 21 Investigating the Effect of Business Strategy on Matching Budget of Costs and Revenues in the Iranian Capital Market, Emphasizing the Role of Agency costs Investigating the Effect of Business Strategy on Matching Budget of Costs and Revenues in the Iranian Capital Market, Emphasizing the Role of Agency costs 51 71 205693 FA Sedighe Kamranrad Department of Accounting, Payame Noor University, Tehran, Iran. 0000-0002-2199-4118 Roya Darabi Associate Professor of Accounting Department, Economics and Accounting Faculty, South Tehran branch, Islamic Azad University, Tehran, Iran. 0000-0003-1385-1034 Journal Article 2020 09 27 Accounting information in which a reasonable level of compliance has been observed is a useful source of information for making decisions and, of course, predicting future financial events. According to the information mentioned in the financial statements, this is necessary to test the reliability of accounting information against the uncertainty of market information, because many researchers believe that the principle of matching costs with revenues will reduce uncertainty about information. However, the adoption of a leadership strategy by the company can affect the cost structure of the company and an increase agency cost exacerbates this. In this regard, in the present study, an attempt was made to use the data of 106 companies listed on the Tehran Stock Exchange during the period 2014 to 2019 and multivariate regression to examine the impact of strategic business strategy and agency costs on matching budget of costs with revenues to be paid. The results of the study showed that there is a significant and direct relationship between following the cost leadership strategy and matching budget of costs with revenues and agency costs weaken the direct link between following a cost leadership strategy and matching costs to revenue. Accounting information in which a reasonable level of compliance has been observed is a useful source of information for making decisions and, of course, predicting future financial events. According to the information mentioned in the financial statements, this is necessary to test the reliability of accounting information against the uncertainty of market information, because many researchers believe that the principle of matching costs with revenues will reduce uncertainty about information. However, the adoption of a leadership strategy by the company can affect the cost structure of the company and an increase agency cost exacerbates this. In this regard, in the present study, an attempt was made to use the data of 106 companies listed on the Tehran Stock Exchange during the period 2014 to 2019 and multivariate regression to examine the impact of strategic business strategy and agency costs on matching budget of costs with revenues to be paid. The results of the study showed that there is a significant and direct relationship between following the cost leadership strategy and matching budget of costs with revenues and agency costs weaken the direct link between following a cost leadership strategy and matching costs to revenue.

https://fbarj.ihu.ac.ir/article_205693_9fda14a69ee97b78406b7d7cd1697c53.pdf

Imam Hossein University Budget and Finance Strategic Research 2717-1809 1 3 2020 11 21 A Comparative Study of Public Sector Budgeting System with Performance-Based Budgeting A Comparative Study of Public Sector Budgeting System with Performance-Based Budgeting 73 107 205694 FA Mohammadreza Nazari finance department 0000-0002-3035-7030 Rouhollah Tavallaee management department, management and economy faculty 0000-0002-3551-3469 Mohammad Solgi Islamic financial management, management and economic, imam hossein university, Tehran, Iran 0000-0002-8635-631X Journal Article 2020 10 10 Performance based budgeting approach integrate performance and budget. This approach relate budget fund to organization performance and expected result clearly. The purpose of this research is comparative study of public sector budgeting system with performance based budgeting. This research is mixed (qualitative-quantitative) study. In qualitative phase literature review and deep interview methods and in quantitative phase variable -oriented comparative approach was used. Statistic samples in qualitative phase was 8 experts in public finance and in quantitative phase was 50 budget manger in branches. Finally, thematic analyze and compare mean and ANOVA were used in qualitative and quantitative phases respectively. The findings show that budgeting system in public finance in some components such as strategic planning, control and monitoring, and performance auditing is consistent with performance based budgeting, and in some components such as responsibility and motivation system, costing, performance based planning, change management and documentation, and performance management requires adjustment and enforcement. Performance based budgeting approach integrate performance and budget. This approach relate budget fund to organization performance and expected result clearly. The purpose of this research is comparative study of public sector budgeting system with performance based budgeting. This research is mixed (qualitative-quantitative) study. In qualitative phase literature review and deep interview methods and in quantitative phase variable -oriented comparative approach was used. Statistic samples in qualitative phase was 8 experts in public finance and in quantitative phase was 50 budget manger in branches. Finally, thematic analyze and compare mean and ANOVA were used in qualitative and quantitative phases respectively. The findings show that budgeting system in public finance in some components such as strategic planning, control and monitoring, and performance auditing is consistent with performance based budgeting, and in some components such as responsibility and motivation system, costing, performance based planning, change management and documentation, and performance management requires adjustment and enforcement.

https://fbarj.ihu.ac.ir/article_205694_c44451b372aaa62238cc9ff44b4419f2.pdf

Imam Hossein University Budget and Finance Strategic Research 2717-1809 1 3 2020 11 21 Investigating the Economic Effects of Budget Allocation Manner to the Border Provinces of the Country Based on Their Needs and Capacity (Panel Data Approach) Investigating the Economic Effects of Budget Allocation Manner to the Border Provinces of the Country Based on Their Needs and Capacity (Panel Data Approach) 109 149 205695 FA Mohammad Ghaffary Fard ahlul bayt international university 0000-0002-7285-1897 Mohammad Reza Shojaei ahlul bayt international university 0000-0002-8486-1929 Journal Article 2020 05 07 Economic inequality and regional discrimination are one of the factors influencing the economic growth of countries and regions. In a way, discrimination in government budgeting and economic inequalities in different parts of the country deprives people of trust in government functions and affects macroeconomic variables. Therefore, the purpose of this study is investigation of government budgeting distribution and the impact of economic discrimination on GDP of sixteen Iranian border provinces. For analyzing of data eviews9 software environment and panel data model method have been used. The results of this study show that the variable of distribution of budget between provinces has a negative and significant effect on the GDP of border provinces, which decreases by 0.263% with increasing discrimination in the way of distribution of budget in border provinces. The variables of export value of goods and services, labor productivity, paying zakat and number of scientific experts each have positive and significant effect on GDP of border provinces. Therefore, in order to increase GDP in border provinces, it is recommended, in addition to apply export promotion policies, improve labor productivity, promote human capital, encourages people to pay zakat, all the needs and capacities of these provinces to allocate state budget funds to be considered. Economic inequality and regional discrimination are one of the factors influencing the economic growth of countries and regions. In a way, discrimination in government budgeting and economic inequalities in different parts of the country deprives people of trust in government functions and affects macroeconomic variables. Therefore, the purpose of this study is investigation of government budgeting distribution and the impact of economic discrimination on GDP of sixteen Iranian border provinces. For analyzing of data eviews9 software environment and panel data model method have been used. The results of this study show that the variable of distribution of budget between provinces has a negative and significant effect on the GDP of border provinces, which decreases by 0.263% with increasing discrimination in the way of distribution of budget in border provinces. The variables of export value of goods and services, labor productivity, paying zakat and number of scientific experts each have positive and significant effect on GDP of border provinces. Therefore, in order to increase GDP in border provinces, it is recommended, in addition to apply export promotion policies, improve labor productivity, promote human capital, encourages people to pay zakat, all the needs and capacities of these provinces to allocate state budget funds to be considered.

https://fbarj.ihu.ac.ir/article_205695_75567cff46c3d6004c8e0db2a9685ce5.pdf

Imam Hossein University Budget and Finance Strategic Research 2717-1809 1 3 2020 11 21 The Role of Internal Control Mechanisms and Supply Chain Quality Risk Management in Improving Financial Performance The Role of Internal Control Mechanisms and Supply Chain Quality Risk Management in Improving Financial Performance 151 179 205696 FA Arash Hajikarimi management group, management faculty, raja university, Qazvin, iran. 0009-0001-9325-7715 Hossein Shakibi management group, management faculty, raja university, Qazvin, Iran 0000-0001-9180-8299 Journal Article 2020 05 05 The purpose of the study was to investigating the role of internal control mechanisms and supply chain quality risk management in financial performance. The study population which was an applied and descriptive-survey research was composed of 102 managers and financial managers of Active food industry companies in Tehran. Questionnaire was used to collect data. After data analysis by SPSS and Smart PLS, findings suggested that: the impact of internal control mechanisms on Financial Performance was mediated by and supply chain quality risk management. Also, the direct impact of internal control mechanisms on Financial Performance was confirmed. The results showed that in the current situation of the country, despite the heavy economic sanctions, supply chain risk management and internal control mechanisms can be used to reduce the failures caused by various risks that lead to great financial losses. These two tools can be used to help improve the financial performance of private sector companies whose economic development depends on their growth and development. The purpose of the study was to investigating the role of internal control mechanisms and supply chain quality risk management in financial performance. The study population which was an applied and descriptive-survey research was composed of 102 managers and financial managers of Active food industry companies in Tehran. Questionnaire was used to collect data. After data analysis by SPSS and Smart PLS, findings suggested that: the impact of internal control mechanisms on Financial Performance was mediated by and supply chain quality risk management. Also, the direct impact of internal control mechanisms on Financial Performance was confirmed. The results showed that in the current situation of the country, despite the heavy economic sanctions, supply chain risk management and internal control mechanisms can be used to reduce the failures caused by various risks that lead to great financial losses. These two tools can be used to help improve the financial performance of private sector companies whose economic development depends on their growth and development.

https://fbarj.ihu.ac.ir/article_205696_a461517f479f7f3eacc729c78513891e.pdf

Imam Hossein University Budget and Finance Strategic Research 2717-1809 1 3 2020 11 21 Investment Efficiency and Risk Disclosure in Financial Statements Investment Efficiency and Risk Disclosure in Financial Statements 179 217 205697 FA Yadegar Mohamadi PhD in Financial Management 0009-0004-2663-3356 Aiat Olah Ebrahimi Assistant Professor of Accounting , faculty of management and economics, Imam Hossein university, tehran, Iran 0009-0008-9264-0983 Journal Article 2020 10 31 The present study aimed to study the effect of risk disclosure in financial statements on investment efficiency. Conceptually, investment efficiency is achieved when companies invest only in currently net worth of positively positive projects. Risk disclosure is one of the phenomena that will affect the efficiency of investment by reducing information asymmetry. The statistical population of this research is the companies listed on the Tehran Stock Exchange and its statistical sample includes the selection of 139 companies during the period 2011 to 2017. The sampling method, systematic omission and the method used to estimate the model is the multivariate regression method using integrated estimates with fixed effects. The results of testing the hypotheses show that there is a direct and significant relationship between risk disclosure and investment efficiency of companies operating in the Iranian stock market, so that by increasing the risk disclosure of companies in the annual financial reports, their investment efficiency increases. Further studies also show that the size of companies has a direct and significant relationship with investment efficiency and a negative and significant relationship with more and more investment and less investment. The present study aimed to study the effect of risk disclosure in financial statements on investment efficiency. Conceptually, investment efficiency is achieved when companies invest only in currently net worth of positively positive projects. Risk disclosure is one of the phenomena that will affect the efficiency of investment by reducing information asymmetry. The statistical population of this research is the companies listed on the Tehran Stock Exchange and its statistical sample includes the selection of 139 companies during the period 2011 to 2017. The sampling method, systematic omission and the method used to estimate the model is the multivariate regression method using integrated estimates with fixed effects. The results of testing the hypotheses show that there is a direct and significant relationship between risk disclosure and investment efficiency of companies operating in the Iranian stock market, so that by increasing the risk disclosure of companies in the annual financial reports, their investment efficiency increases. Further studies also show that the size of companies has a direct and significant relationship with investment efficiency and a negative and significant relationship with more and more investment and less investment.

https://fbarj.ihu.ac.ir/article_205697_2fe6d1f606fa58d3676a93ccdd0c50f6.pdf