The purpose of this study was to determine the effect of financial distress on investment behavior for the years of 2011 to 2016. The statistical population of the research is Tehran Stock Exchange. According to the systematic elimination method, 104 companies have been selected as the statistical sample. In this research, financial distress is independent variable and corporate investmen...

Recent studies have documented a positive relation between active management and mutual fund performance. We show that this relation holds only for fund managers who trade in an optimal way. The optimality measure that we develop, “investment alpha”, captures whether a mutual fund is trading towards mean-variance optimality, which, we argue, is the first best choice for mutual fund managers. Th...

Investment casting is a versatile manufacturing process to produce high quality parts with high dimensional accuracy. The process begins with the manufacture of wax patterns. The dimensional accuracy of the model affects the quality of the finished part. The present study investigated the control and optimization of dimensional deviations in wax patterns. A mold for an H-shaped wax pattern was ...

Conflict between mates over the amount of parental investment by each partner is probably the rule except in rare cases of genetic monogamy. In systems with parental care, males may frequently benefit by providing smaller investments than are optimal for individual female partners. Females are therefore expected to choose males that will provide the largest amounts of parental investment. In so...

In the process of investment decision making, next to financial indicators many other aspects of investment projects are increasingly often considered. This leads to the multi-criteria evaluation of a project. The advantage of multi-criteria methods is the ability to take into account all (not only financial) aspects of the attractiveness of an investment project. The selection of criteria of p...

Finger amputations are common in accidents at home, work, and play. Apart from trauma, congenital disease and deformity also leads to finger amputation. This results in loss of function, loss of sensation as well as loss of body image. Finger prosthesis offers psychological support and social acceptance in such cases. This clinical report describes a method to fabricate ring retained silicone f...