Informacja

Drogi użytkowniku, aplikacja do prawidłowego działania wymaga obsługi JavaScript. Proszę włącz obsługę JavaScript w Twojej przeglądarce.

Wyszukujesz frazę "Abounori, Esmaeil" wg kryterium: Autor


Wyświetlanie 1-2 z 2
Tytuł:
Financial risk contagion to real sector in Iran: A VAR-BEKK-GARCH approach
Autorzy:
Sabouri, Hossein
Abounori, Esmaeil
Tehrani, Reza
Powiązania:
https://bibliotekanauki.pl/articles/1046556.pdf
Data publikacji:
2019
Wydawca:
Przedsiębiorstwo Wydawnictw Naukowych Darwin / Scientific Publishing House DARWIN
Tematy:
Risk contagion
VAR-BEKK-GARCH approach
Volatility spillover
financial markets
Opis:
Asset market interconnectedness can give rise to significant contagion risks during periods of financial crises that extend beyond the risks associated with changes in volatilities and correlations. These channels include the transmission of shocks operating through changes in the higher order co-movements of asset returns, including changes in co-skewness arising from changes in the interaction between volatility and average returns across asset markets. These additional contagion channels have nontrivial implications for the pricing of options through changes in the payoff probability structure and more generally, in the management of financial risks. The purpose of this study was to investigate the financial risk contagion from the financial sector to the real sector of the economy using VAR-BEKK-GARCH for the active industries in the Tehran Stock Exchange during the period of 1388-1395. The estimated coefficients for considering the period of the crisis and the recession in the stock market indicate that the coefficients are positive for the effect of the outflow in the stock market. Also, in the case study, there is a probability of financial risk fluctuation between the investigated industries. In addition, the results indicate that the risk and turmoil among the active industries in the stock market and the real sector of the Iranian economy are tangible.
Źródło:
World Scientific News; 2019, 137; 81-95
2392-2192
Pojawia się w:
World Scientific News
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Investigating the asymmetric effects of corporate liquidity and dividend on economic growth in Iran using Smooth Transition Regression (STR) model
Autorzy:
Vaezi, Mohammad Sadegh
Abounori, Esmaeil
Tehrani, Reza
Powiązania:
https://bibliotekanauki.pl/articles/1065274.pdf
Data publikacji:
2019
Wydawca:
Przedsiębiorstwo Wydawnictw Naukowych Darwin / Scientific Publishing House DARWIN
Tematy:
Capital market
Corporate liquidity
Dividend policy
Economic growth
Money market
Smooth transition regression model
Opis:
The objective of this paper is to examine the asymmetric effects of corporate liquidity and dividend in banking sector and stock market on economic growth in Iran. For this purpose we used the Smooth Transition Regression (STR) method based on period 1980-2018. The results indicate that the impact of corporate liquidity and dividend indices on economic growth is different for economic growth rates above and below 8.5%. Results show that earnings have a net positive impact on firm value in the presence of growth options, high external financing costs and low default risk. High levels of retained earnings enhance debt capacity but have a negative effect on equity value due to the likelihood of losing accumulated cash balances in case of default, unless offset by high external financing costs. Opposite directional effects of retained earnings on equity and debt create a U-shaped relation with firm value.
Źródło:
World Scientific News; 2019, 135; 156-172
2392-2192
Pojawia się w:
World Scientific News
Dostawca treści:
Biblioteka Nauki
Artykuł
    Wyświetlanie 1-2 z 2

    Ta witryna wykorzystuje pliki cookies do przechowywania informacji na Twoim komputerze. Pliki cookies stosujemy w celu świadczenia usług na najwyższym poziomie, w tym w sposób dostosowany do indywidualnych potrzeb. Korzystanie z witryny bez zmiany ustawień dotyczących cookies oznacza, że będą one zamieszczane w Twoim komputerze. W każdym momencie możesz dokonać zmiany ustawień dotyczących cookies