Competition and Financial Stability1

Examining the Moderating Effect of Industry Competition on Relationship between Privatization, Financial Performance and Using of Management Accounting Tools in TSE

In many countries, particularly developing countries, economic reforms, especially privatization, are considered as a strategic approach. The growth of the government decreases the competition in the market, and so, some fields should be privatized in order to create the competition.  By moving towards privatization and the changes in competition methods and the presentation of the World Trade,...

Learning, Leverage and Stability1

Using contingency approach to improve firms’ financial performance forecasts

One of the challenging issues for investors and professionals is appropriate models to evaluate financial situation of the firms. In this regard, many models have been extracted by researchers using different financial ratios to resolve these issues. However, choosing a model based on the conditions and users’ needs is complex. The main objective of this study is to identify the effect of conti...

Determination of Optimal Market Concentration in order to maximize the Stability of the Banking

Banking stability in recent years especially after the financial crisis of 2008-2009, has received more and more attention in policymaking. Although competition is a prerequisite for productivity, technological innovation, institutional development, and financial inclusion, the impact of banking competition on financial stability has been the subject of active debate. in this article, the optim...

Financial Freedom and Socially Responsible Market Economy: An Analysis from Rawls’s Theory of Justice

Using Rawls's theory of justice, this paper addresses the empirical question of whether the socially responsible market economy can help explain the current situation in financial freedom, as well as its recent variation across countries. Utilizing annual data from selected countries of Middle East, North Africa, Asia and Oceania, and static panel estimation techniques, we provide evidence whic...