The evidence of the recent years in the banking network of Iran indicates the increasing trend of nonperforming loans each year; thus, the main objective of the current study is to examine the impact of bank specific factors, esp. capital adequacy ratio on the NPLs. Six years dynamic panel data (2007-2012) of 19 banks are applied to scrutinize the relationship between capital adequacy ratio as ...

Abstract Institutional investors can be segmented into that hold simple portfolios of traditional equities and bonds, manage complex strategies in public private markets. Investors implementing active portfolio management holding diversified bonds are more likely to invest alternative asset classes. The performance institutional assets is significantly lower than equities, suggesting accept ret...

Financial instruments are one of the fundamental dimensions of financial markets that guarantee their efficiency and effectiveness of these markets. These instruments playe a main role in economy to direct money from saving sources to investment needs. These instruments provide possibility of financing companies from public and private sources and also are considered as investment instruments f...

This study examines the effect of regulatory policy on efficiency under prudential framework among banks listed in the Iranian Securities and Exchange Organization over the period 2003 to 2015. Arellano-Bond estimation method has been patronized to investigate the effect of regulatory policies on efficiency. Results indicate that regulatory policy indicator indexing reserve requirement on inves...

A nalyzing more than 9,400 investment transactions performed by 32 sovereign wealth funds (SWFs), from 23 countries, and targeted towards 77 countries, between 2010 and 2013, this study highlights some of the most important visible patterns and nuances in SWF investments. First, lion’s share of SWF investments are cross-border transactions that originated from and targeted towards hi...

SUMMARY The reconciliation of audit evidence to the subject matter is a key and recurring procedure. Before reconciling information, data needs be extracted from matter, which often in Portable Document Format (PDF). Reconciliations are task for every new version matter. Large firms typically “offshore” simple repetitive tasks such as reconciliations shared service centers. Offshoring however c...