University of TehranFinancial Research Journal1024-815341419990522--13229FAJournal Article19700101In this article many liquidity indices were introduced and the usefulness of each was described. It was concluded that the
traditional measures of liquidity such as current ratio and quick ratio are not approprate measures of liquidity. The new measures
of liquidity such as comprehensive liquidity index and weighted cash conversion cycle were introduced.In this article many liquidity indices were introduced and the usefulness of each was described. It was concluded that the
traditional measures of liquidity such as current ratio and quick ratio are not approprate measures of liquidity. The new measures
of liquidity such as comprehensive liquidity index and weighted cash conversion cycle were introduced.https://jfr.ut.ac.ir/article_13229_5eee3926493c76cb5adf163f0b750649.pdfUniversity of TehranFinancial Research Journal1024-815341419990522--13230FAJournal Article19700101The objective of this article is to introduce the application of analytical hierachy process as a meanss to measure the
performance of holding companies. By using the financial data of
holding companies listed on Tehran Stock Exchange, the author presented the empirical results of his model.The objective of this article is to introduce the application of analytical hierachy process as a meanss to measure the
performance of holding companies. By using the financial data of
holding companies listed on Tehran Stock Exchange, the author presented the empirical results of his model.https://jfr.ut.ac.ir/article_13230_6d950c9eb037f25b783973103123e069.pdfUniversity of TehranFinancial Research Journal1024-815341419990522Ideal Planning Models for selecting Optimal PortfolioIdeal Planning Models for selecting Optimal Portfolio507113231FAJournal Article19700101This article is a review of the historical development of the <br />Modern <br />Portfolio <br />Theory <br />(MPT). <br />Harry <br />Markowitz <br />first <br />introduced MPT on the basis of covariance by employing the quadratic programming model. Later the MPT model was <br />replaced by the CAPM model, which was introduced by W. Sharpe and was based on systematic risk factor measurement, i.e. <br />. fJ. However, both models had faced criticism due to their <br />underlying <br />assumptions. <br />In <br />1970's <br />Ross <br />introduced <br />APT <br />(Arbitrage Pricing Theory), which took into account certain risk factors different from that used in CAPM model. <br />The scientific application of mathematical. programming along with the wide application of MP models has greatly influenced the <br />investment theories. Among such influence of MP modeling on <br />investment theories is the application of goal programming, which <br />was first applied by Charnes and Cooper in 1961. In 1973 A.J. Lerro and Sany M. Lee applied goal programming to protfolio <br />selection which later on was further developed by others working on investment theory. This article provides a brief overview of <br />models in relation to portfolio theory from 1966 to present.This article is a review of the historical development of the <br />Modern <br />Portfolio <br />Theory <br />(MPT). <br />Harry <br />Markowitz <br />first <br />introduced MPT on the basis of covariance by employing the quadratic programming model. Later the MPT model was <br />replaced by the CAPM model, which was introduced by W. Sharpe and was based on systematic risk factor measurement, i.e. <br />. fJ. However, both models had faced criticism due to their <br />underlying <br />assumptions. <br />In <br />1970's <br />Ross <br />introduced <br />APT <br />(Arbitrage Pricing Theory), which took into account certain risk factors different from that used in CAPM model. <br />The scientific application of mathematical. programming along with the wide application of MP models has greatly influenced the <br />investment theories. Among such influence of MP modeling on <br />investment theories is the application of goal programming, which <br />was first applied by Charnes and Cooper in 1961. In 1973 A.J. Lerro and Sany M. Lee applied goal programming to protfolio <br />selection which later on was further developed by others working on investment theory. This article provides a brief overview of <br />models in relation to portfolio theory from 1966 to present.https://jfr.ut.ac.ir/article_13231_15941e650fee30989374d118b2c1f1d5.pdfUniversity of TehranFinancial Research Journal1024-815341419990522--13232FAJournal Article19700101The goal of this article is to describe many aspects of British Financial Systems, such as, types of securities used, types of
financial markets, the process of dealing and settling the transactions, and the many aspects of financial regulations .The goal of this article is to describe many aspects of British Financial Systems, such as, types of securities used, types of
financial markets, the process of dealing and settling the transactions, and the many aspects of financial regulations .https://jfr.ut.ac.ir/article_13232_c266d30e50b093b4956088695a6bc50a.pdfUniversity of TehranFinancial Research Journal1024-815341419990522--13233FAJournal Article19700101The purpuse of this atticle is to intnoduce three different option pricing models, such as:
1) Uniform distribution
2) binomial distribution and
3) log-normal distribution.
Holding companies listed on Tehran stock Exchange , the author presented the empirical results of his model.The purpuse of this atticle is to intnoduce three different option pricing models, such as:
1) Uniform distribution
2) binomial distribution and
3) log-normal distribution.
Holding companies listed on Tehran stock Exchange , the author presented the empirical results of his model.https://jfr.ut.ac.ir/article_13233_9b740267832e376838f804e50d4ddcf9.pdfUniversity of TehranFinancial Research Journal1024-815341419990522Risk Management, Dimensions of Risk Management, Definition and Application in Financial OrganizationsRisk Management, Dimensions of Risk Management, Definition and Application in Financial Organizations12514413234FAJournal Article19700101This article is Farsi translation of an article: Risk Dimensions, Risk Management and It's Application in Financial Institutions <br />"which was written by George Parker. This article introduces many aspects of risk management and the ways to manage and <br />control the interest rate risk, exchange rate risk and ... etcThis article is Farsi translation of an article: Risk Dimensions, Risk Management and It's Application in Financial Institutions <br />"which was written by George Parker. This article introduces many aspects of risk management and the ways to manage and <br />control the interest rate risk, exchange rate risk and ... etchttps://jfr.ut.ac.ir/article_13234_a8d189407cdc07828a4f37492aef0a9c.pdfUniversity of TehranFinancial Research Journal1024-815341419990522--13235FAJournal Article19700101In this section the titles of several theses are presented:
1- Financial Terms Used in Annual Reports of Iranian
Companies, by farhad hasanini
2- The Relationship Between Earnings, Dividends Investments in Iranian Companies, by sasan mehrani
and
3- An Investigation of the Relationship Between Share Price Changes and Shareholder's tax Rate, by morteza AsadiIn this section the titles of several theses are presented:
1- Financial Terms Used in Annual Reports of Iranian
Companies, by farhad hasanini
2- The Relationship Between Earnings, Dividends Investments in Iranian Companies, by sasan mehrani
and
3- An Investigation of the Relationship Between Share Price Changes and Shareholder's tax Rate, by morteza Asadihttps://jfr.ut.ac.ir/article_13235_7a76af9ba24e504b14eb83506f3bf2bd.pdfUniversity of TehranFinancial Research Journal1024-815341419990522--13236FAJournal Article19700101--https://jfr.ut.ac.ir/article_13236_feae4b3b6d64e1c045a693c7a557637e.pdfUniversity of TehranFinancial Research Journal1024-815341419990522--30705FAJournal Article19700101This section of the Journal is devoted to Farsi explanation 01 many technical financial terms used in financial markets.
The purpose of this section is to acquaint the students with the meaning of many technical terms in investment management.
Ali Jahankhani (Ph. D.)
EditinrThis section of the Journal is devoted to Farsi explanation 01 many technical financial terms used in financial markets.
The purpose of this section is to acquaint the students with the meaning of many technical terms in investment management.
Ali Jahankhani (Ph. D.)
Editinrhttps://jfr.ut.ac.ir/article_30705_468173199c11b7adc74e089bb8f40cd2.pdfUniversity of TehranFinancial Research Journal1024-815341419990522--30706FAJournal Article19700101--https://jfr.ut.ac.ir/article_30706_505bc26761a66cb4f036dfbb1421305e.pdf