1. |
Investigating the effects of brand experience components on power of brand in food industry
, Pages: 2177-2182 Naser Azad and Ashkan Arabi PDF (288 K) |
Abstract: This paper presents an empirical investigation to study the effects of brand power experiences on power of brand in food industry. The study deigns a questionnaire in Likert scale consists of 23 questions, distributes it among 208 randomly selected people who purchase foods from three different food chains in city of Tehran, Iran. Using structural equation modeling, the study has examined the effects of six factors influence the most in our survey including Brand loyalty, Physical attributes, pricing factors, functional characteristics, brand association and brand position. The results of our survey indicate that pricing factors and brand position were the most important influential factors followed by functional characteristics and physical attributes. However, the survey does not confirm the effects of brand loyalty and brand association on brand power. DOI: 10.5267/j.msl.2014.9.020 Keywords: Power of brand, Brand loyalty, Food industry, Pricing factor, Physical attributes |
|
2. |
A risk-return based model to measure the performance of portfolio management
, Pages: 2183-2190 Hamid Reza Vakili Fard Mahmood Ansar and Amir Yekezare PDF (288 K) |
Abstract: The primary concern in all portfolio management systems is to find a good tradeoff between risk and expected return and a good balance between accepted risk and actual return indicates the performance of a particular portfolio. This paper develops “A-Y Model” to measure the performance of a portfolio and analyze it during the bull and the bear market. This paper considers the daily information of one year before and one year after Iran's 2013 precedential election. The proposed model of this paper provides lost profit and unrealized loss to measure the portfolio performance. The proposed study first ranks the resulted data and then uses some non-parametric methods to see whether there is any change because of the changes in markets on the performance of the portfolio. The results indicate that despite increasing profitable opportunities in bull market, the performance of the portfolio did not match the target risk. As a result, using A-Y Model as a risk and return base model to measure portfolio management's performance appears to reduce risks and increases return of portfolio. DOI: 10.5267/j.msl.2014.9.019 Keywords: Portfolio optimization, Portfolio management performance, K-A Model |
|
3. |
A survey on relationship between capital structure, free cash flow and diversification and firm performance of listed companies in Tehran Stock Exchange
, Pages: 2191-2196 Mohammad Khodaei Valahzaghard and Maryam Borzabadi Farahani PDF (288 K) |
Abstract: This paper presents an empirical investigation to study the effects of free cash flow, share diversification and capital structure on Tobin-Q in selected firms on Tehran Stock Exchange. The population of the survey includes 520 firms listed on this exchange until year 2012 and the survey uses a sample of 105 firms, randomly. The study uses the models originally developed by Palepu (1985) [Palepu, K. (1985). Diversification strategy, profit performance and the entropy measure. Strategic Management Journal, 6(3), 239-255.] to measure the effects of different factors on Tobin Q. The study has indicated that while capital structure and free cash flow influence positively on Tobin Q, diversification has maintained a negative and meaningful relationship with Tobin Q. DOI: 10.5267/j.msl.2014.9.018 Keywords: Capital structure, Free cash flow, Diversification, Firm performance |
|
4. |
A study on effective factors influencing on equity risk in banking industry
, Pages: 2197-2202 Mohammad Khodaei Valahzaghard and Nayereh Rahimi PDF (288 K) |
Abstract: Measuring the effects of various factors influencing on risk of return in banking system plays essential role on making managerial decisions. This paper investigates the effects of seven factors including equities, leverage, dividend, size, growth domestic products, bank concentration and market return on risk of return in selected banks listed on Tehran Stock Exchange. The study selects the necessary data through financial statements announced on exchange as well as macro-economic figures reported by central bank of Iran to examine the hypotheses of the survey. Using some regression technique, the study has determined that only bank size and growth domestic product influence significantly on risk of return on Tehran Stock Exchange. DOI: 10.5267/j.msl.2014.9.017 Keywords: Banking industry, Risk, Stock return |
|
5. |
A study on gender differences influencing on online buying
, Pages: 2203-2212 Amirnima Negahdari PDF (288 K) |
Abstract: Recently, the diffusion of the Internet as a retail and distribution channel has undergone a great growth. This paper presents an empirical investigation on the effects of gender differences on online buying. The study explored gender differences among 13 factors concerning the internet buyer. With regard to factors and consistent with Hypothesis and sub hypothesis, differences were detected across genders using t-student tests and the findings were in alignment with the ANOVA test. For data collection and final testing of the E-SAT model a questionnaire was designed and distributed among 100 randomly people who resided in Iran. The analysis show that merchandising, security and company items gained more scores for men than women in online shopping. DOI: 10.5267/j.msl.2014.9.016 Keywords: Gender difference, Customer satisfaction, E-satisfaction, E-commerce, Online shopping, Online consumer behavior, |
|
6. |
A study on packaging factors influencing on export development
, Pages: 2213-2220 Mina Mohammadi, SayedValy Tabatabai Hnzayy and Naser Azad PDF (288 K) |
Abstract: Packaging is an important instrument of commerce and trade in the world, it plays essential role in increasing sales and export and thus it maximizes profits generated in enterprises. Hence, the appropriate packaging for the producer generates necessary incentives for production, partly preserves them against zany opponents, and finally provides the customer with much more variety and choosing the right products. Packaging in fact, is a major contributor to the performance of customer relationship management. This survey determines five packaging factors influencing on export development including communications, infrastructure, awareness, design and technical extraction. Through the implementation of principal component analysis, the effective role of packaging components on exports is measured. Exploratory research model indicates that all five packing components were effective in export development of food industry. DOI: 10.5267/j.msl.2014.9.015 Keywords: Packaging, Export goods, Export |
|
7. |
Investigating banks’ financial structure on profitability and price volatility of banks’ shares: Evidence from Tehran Stock Exchange
, Pages: 2221-2228 Zeinab Mirzaei Mohsen Hamidian and Mohammad Khodaei Valahzaghard PDF (288 K) |
Abstract: This paper presents an empirical investigation to study the relationship between financial structure on profitability and price volatility of banks’ shares, which are operating in Iran. The proposed study considers the information of 21 Iranian banks over the period 2006-2012. Using some regression techniques, the study has determined that there was a negative relationship between leverage and return on assets but there was not any meaningful relationship between leverage and price volatility when the level of significance is five percent. In addition, the study has determined that there was a positive relationship between equity ratio and return on assets and there was a positive relationship between equity ratio and price volatility when the level of significance was five percent. DOI: 10.5267/j.msl.2014.9.014 Keywords: Debt ratio, Profitability, Stock price volatility, Shareholders' equity ratio |
|
8. |
The transmission mechanism of 2008 global financial crisis to Tehran Stock Exchange
, Pages: 2229-2240 Seyed Gholamreza Jalali Naini, Ahmad Makui and Ehsan Mohebi PDF (288 K) |
Abstract: After financial crisis in 2008, the effect of crisis spread in the world. Many countries were affected quickly and others slowed in a particular mechanism. Using data of TEPIX from Tehran Stock Exchange and DJI from New York stock Exchange as the main indexes of these two markets, this paper reported strong evidence of TEPIX’s dependency on DJI after the crisis in a four-week delay. The index level series were non-stationary; therefore, we employed cointegration analysis and error correction vector autoregressions (VAR) techniques to model the interdependencies. To find the best lag time we used a heuristic method and the results surprisingly were the same as the result of applying a VAR model. The results support the hypothesis that financial stress was transmitted from the U.S to Iran primarily through trade and price channels. DOI: 10.5267/j.msl.2014.9.013 Keywords: Financial Crisis, Transmission Mechanism, VAR model, Lag-correlation, Sliding trend |
|
9. |
A study on relationship between capital structure and economic value added: Evidence from Tehran Stock Exchange
, Pages: 2241-2250 Mohammad Shameli Shahreza and Hassan Ghodrati PDF (288 K) |
Abstract: This study aims to determine the relationship between the capital structure and economic value added. In this context, the rates of total debt to total asset, total current debt to total asset, total long debt to total asset and total debt to total equity are distinguished as the measures of capital structure. The data used in this study consisted of a sample of 133 companies listed in Tehran Stock Exchange from 2008 to 2012. To analyze the data and to perform hypothesis tests, a linear regression model, based on combinatorial methods or data panel, and also a nonparametric Spearman correlation analysis have been applied. The results of the research hypothesis tests based on regression analysis revealed an insignificant relationship between capital structure and economic value added. Furthermore, the results showed that, there was an inverse moderate relationship between rate of total debt to total asset and total current debt to total asset with economic value added. There is an inverse weak relationship between rate of total long debt to total asset and total debt to total equity with economic value added. DOI: 10.5267/j.msl.2014.9.012 Keywords: Capital structure, Economic value added, Total asset, Total debt, Total equity |
|
10. |
The effect of real earnings management on audit fees in listed companies in Tehran Stock Exchange
, Pages: 2251-2260 Amin Ghanbari, Haleh Askarian and Mehran Matinfar PDF (288 K) |
Abstract: This paper presents an empirical investigation to study the effects of real revenue management on auditing fees in selected firms from Tehran Stock Exchange. The study gathers the necessary information from selected stocks listed on Tehran Stock Exchange. The proposed study uses the information of 63 firms over a four-year period from 2009 to 2012, which leaves us to have 252 data. Using some regression study, The study has confirmed revenue management influences positively on auditing fee in general. In addition, while revenue management through an increase in sales does not impact on auditing fee, the survey has concluded that revenue management through increase in production units as well as decrease in discretionary expenditures could significantly influence on auditing fees. DOI: 10.5267/j.msl.2014.9.011 Keywords: Revenue management, Auditing fee, Tehran Stock Exchange |
|
11. |
A study on relationship between organizational culture and information technology on knowledge sharing
, Paegs: 2261-2266 Vahid Ghasemi Hamid Ghasemi and Fatemeh farahani PDF (288 K) |
Abstract: This paper presents an empirical investigation to study the effects of organizational culture and information technology on knowledge sharing in national foundation of computer games (NFCG) located in city of Tehran, Iran. The proposed study designs a questionnaire in Likert scale, distributes it among 55 selected people who work for NFCG, which consists of three categories of organizational culture, information technology and knowledge sharing and Cronbach alphas are calculated as 0.869, 0.707 and 0.773, respectively. Using ANOVA test, the study has determined a positive and meaningful relationship between organizational cultures and knowledge sharing. However, the study has not determined any positive and meaningful relationship between information technology and knowledge sharing. Furthermore, while the results of the study have not indicated any meaningful relationships between trust, employee communication on one side and knowledge sharing on the other side, there were positive and meaningful relationships between reward system and organizational structure on one side and knowledge sharing on the other side. DOI: 10.5267/j.msl.2014.9.010 Keywords: Knowledge sharing, Organizational culture, Trust, Reward system, IT |
|
12. |
Identifying barriers for ICT development in companies' registration office
, Pages: 2267-2272 Rasool Mehdian and Gholamreza Hashemzadeh PDF (288 K) |
Abstract: One of the necessary issues in business development is to register it with government, which helps an organization gain an official identification. However, registering a firm with government often involves with many challenges in different countries. The recent advances in information technology have created tremendous opportunities to expedite the process of business development. This paper presents an empirical investigation to prioritize various factors influencing on information and communication technology development in noncommercial business registration office in Iran. The proposed study designs a questionnaire with eight categories and distributes it among some experts. The results of our survey indicate that Creating a sense of urgency is number one important factor followed by Appropriate planning, Form a coalition FAQ, Fixed improvements, Empowering, Creating a good perspective, New approaches to institution-building and Explanation of Vision. DOI: 10.5267/j.msl.2014.9.009 Keywords: Barrier, Business development, Noncommercial business registration organization |
|
13. |
The role of competitive intelligence on improving exports
, Pages: 2273-2284 Sara Yazdi Ramezani Mojarad Gholamreza Heydari Kord Zangeneh and Naser Azad PDF (288 K) |
Abstract: Competitive intelligence is the art of gathering, processing and analyzing the information about the competitors and environment in order to create and sustain the competitive advantage. The application of competitive intelligence in export companies can provide a complete picture of current and future competitive status for managers in addition to obtaining the most appropriate strategic decisions, which could ultimately lead to the improved exports in these companies. This study investigates the role of competitive intelligence for improvement of exports in Iranian industries. Using structural equation modeling, the study has detected six factors including understanding the competitive environment, intelligent response, superior features, customer orientation, managerial skills and competitive advantage. DOI: 10.5267/j.msl.2014.9.008 Keywords: Competitive Intelligence, Improved Exports, Decision Making, Competitiveness |
|
14. |
Investigating the effects of virtual social networks on entrepreneurial marketing
, Pages: 2285-2290 Kambeiz Talebi Mahnaz Behrad, and Amir Ekhlassi PDF (288 K) |
Abstract: This paper presents an empirical investigation to study the effects of virtual social networks on entrepreneurial marketing. The study designs a questionnaire in Likert scale based on a model originally developed by Morris et al. (2002) [Morris, M. H., Schindehutte, M., & LaForge, R. W. (2002). Entrepreneurial marketing: a construct for integrating emerging entrepreneurship and marketing perspectives. Journal of Marketing Theory and Practice, 10(4), 1-19.]. The study considers the effects of three components of virtual social network (VSN); namely structural VSN, interaction VSN and functional VSN on entrepreneurial marketing. Using structural equation modeling, the study has determined positive and meaningful effects of all three VSN components on entrepreneurial marketing. DOI: 10.5267/j.msl.2014.9.007 Keywords: Virtual social networks, Entrepreneurial marketing, Structural Virtual Social Network, Interaction Virtual Social Network, Functional Virtual Social Network |
|
15. |
Identification and classification of effective factors on realization of entrepreneur government through application of fuzzy TOPSIS
, Pages: 2291-2300 Vahideh Bamshad PDF (2880 K) |
Abstract: Entrepreneurship is considered as the key factor of economic growth and development in modern day. Entrepreneurship takes place either individually or organizationally and they normally undertake the risk of entrepreneurship. Entrepreneurs experience the most severe conditions when they deal with a government, which is completely unfamiliar with some rules. If a government supports an entrepreneur one with the required characteristics, then entrepreneurship is facilitated largely for both individuals and organizations. This article provides definitions, features and the effective factors on realization of an entrepreneur government with respect to significance of such a government. To this end, a list of factors that may lead to realization of entrepreneur government was derived from previous studies and then the fuzzy TOPSIS method and collected opinions of experts were applied to facilitate the determination of each of these factors. Finally, a list of influential factors was presented with regards to effective factors on realization of entrepreneur government. DOI: 10.5267/j.msl.2014.9.006 Keywords: Entrepreneur Government Features of Entrepreneur Government, Effective Factors on Realization of Entrepreneur Government, Fuzzy TOPSIS |
|
16. |
The impact of information technology facilities on knowledge management lifecycle
, Pages: 2301-2306 Naser Azad and Zahra Ebrahimi PDF (2880 K) |
Abstract: During the past two decades, there have been tremendous changes on development of information technology (IT). People may do their daily activities using different IT based products such as email, search engines, video conferences, etc. This paper presents an empirical investigation to study the relationship between IT facilities and knowledge management lifecycle components including, knowledge generation, knowledge acquisition, knowledge storage, knowledge transmission and knowledge usage. The study has accomplished among 150 randomly selected people who work for social security organization in city of Esfahan, Iran. Using structural equation modeling, the study has determined that there were positive and meaningful relationship between IT facilities and all components of knowledge management lifecycle. DOI: 10.5267/j.msl.2014.9.005 Keywords: Knowledge Management, Information Technology, Lifecycle |
|
17. |
Bank branch operating efficiency: evaluation with data envelopment analysis
, Pages: 2307-2312 Roozbeh Talebi Zarinkamar and Akbar Alam-Tabriz PDF (2880 K) |
Abstract: Measuring the relative efficiency of similar units has been a popular research especially when the units were mostly non-financial. Even, similar financial units may not be necessarily evaluated based on traditional financial figures such as return of equities, return of assets, etc. In this paper, we present an empirical investigation to measure the relative efficiency of 30 branches of an Iranian bank named Bank Mellat. The study considers four inputs including operating expenses, interest paid, capital expenditures and fixed assets. In addition, we use customers’ bank deposit, commissions and loans paid as output parameters. Using three different data envelopment analyses, the study measures the relative efficiencies of all units. The preliminary results indicate that most banks were working under desirable level of efficiency. DOI: 10.5267/j.msl.2014.9.004 Keywords: DEA, Data envelopment analysis, Efficiency, Banking industry |
|
18. |
A study on relationship between computer games usage and educational progress
, Pages: 2313-2318 Samaneh Hajikhanian and Mirsaeid Hosseini Shirvani PDF (2880 K) |
Abstract: This paper presents an empirical investigation on the effects of the computer games on some female students who attended the secondary schools in Iran over the period 2013-2014. The population of the survey includes 7542 female students who attend secondary schools in Babol County, Iran. The study selects 364 people as a sample and the sampling was accomplished based on random cluster way. The necessary data were collected using two questionnaires of computer games and decline of study with 25 questions in Likert 5 points and there were validated by experts and specialists in the field of educational technology and psychology. In addition, Cronbach alpha was calculated as 0.828, which was well above the minimum acceptable level. Using Pearson correlation test as well as one-way t-student, the study indicates that most female students of secondary school in Babol County used computer games. In our survey, there was a strong relationship between computer games with decline of study and study motivation, and there was a weak relationship between computer games and learning of girl students of secondary school in Babol County. DOI: 10.5267/j.msl.2014.9.003 Keywords: Computer games, Decline of study, Learning, Study motivation |
|
19. |
Ranking banks using K-Means and Grey relational method
, Pages: 2319-2324 Seyed Abdoreza Tahami Pour Zarandi, Vahid Shahabi, Mohammad Emami, Atefeh Rezaee and Mehdi Hassanloo PDF (2880 K) |
Abstract: Research has been done on evaluating the performance more emphasis either on the technical aspects of the performance evaluation or considers only one aspect of banks such as sales, revenue, etc. This paper presents an empirical investigation to measure the relative efficiency of different banks using a hybrid of K-means and Grey relational analysis. The study uses eight criteria such as resources, customer satisfaction, etc. for clustering different banks and using Grey relational analysis provides ranking of different branches of a bank named Bank Qarzol Hasane Resalat located in city of Tehran, Iran. The preliminary study has indicated that the proposed model of this paper may capable of providing some promising results. DOI: 10.5267/j.msl.2014.9.002 Keywords: Clustering, K-Means, Grey relational, Banks, Ranking |
|
20. |
A survey on factors influencing city branding
, Pages: 2325-2328 Seyed Mohsen Mahmoudzadeh, Mahmoud Samiei Nasr and Mostafa Hashemi PDF (2880 K) |
Abstract: Nowadays, the issue of “globalization” is entering to all areas in the world. In addition to products and companies, cities and countries also have the opportunity to see themselves as important actors in international arena. Places define their positions in different fields like business, leisure and recreation, educational opportunities, living, etc. This paper presents an empirical study to introduce city branding as one of the solutions to join globalization process. The method of this research is based on the “descriptive-analytic” and utilize the available literature and experts’ opinions to prioritize the influencing factors of city branding. We use Delphi consensus methods and technique of analytical hierarchy process to evaluate the factors. Finally, the results of the study indicate that security, transportation and mental creativity are the weakest fields and business and shopping facilities are strong fields of city branding in metropolitan of Tehran. DOI: 10.5267/j.msl.2014.9.001 Keywords: City branding, AHP, City development |
|
® 2014 GrowingScience.Com