In this paper the principal-agent models between the investor and the manager of the open-ended fund are made from the new view about the liquidity risk management, and the optimal contracts and optimal policies are obtained in closed form by solving these modes. By the analysis of the optimal contract, we find that the fixed compensation of manager is the positive relationship with redemption ...

this paper analyzes the relationship between capital structure and earning management. for analyzing we use 119 non-financial companies that listed in tehran stock exchange from 2000 to 2008. the researchers will focus on comparing the jones model and the modified jones model, which are the two most frequently used model in empirical analysis nowadays. earnings management is a kind of managemen...

the purpose of this research was socioeconomicanalysis of farms using primary data in two villages of mymensingh sadar. a total of 60 farms including 20 small, 20 medium and 20 large were randomly selected for the study. socioeconomic analysis showed that indebtedness was higher in large farms than those of small and medium ones. large farms also engaged more in farm activities than others. all...

The study on gender and net farm income of cassava-based farmers under individual land tenure system was done in Abia State of Nigeria. The main objective was to determine the Net Farm Income (NFI) and the Benefit Cost Ratio (BCR) of the cassava farmers by gender vis-aviz their income levels as well as food security in the state. A multi-stage random sampling technique was adopted while data we...

In financial markets such as Tehran Stock Exchange, P/E coefficient, which is one of the most well-known instruments for evaluating stock prices in financial markets, is considered necessary for shareholders, investors, analysts and corporate executives. P/E is used as an important indicator in investment decisions. In this research, harmony search metaheuristic algorithm is used to select opti...

STUDIES OF THE economic position of consumers have long recognized t,hat families with the same current income may differ widely with respect, to the amount of wealth they own. It is common pract,ice to speak of the wealthier family as “better off” than the less wealthy. Moreover, welfare programs reflect, the philosophy that assets should be taken into account in evaluating eligibility for ass...

The proper use of natural resources can preserve these valuable assets. In line with the management of natural resources, land use optimization can be highly useful. The aim of the present study is to propose an appropriate integrative model for optimized allocation of lands for surface runoff and sediment load minimization and net income maximization in Bayg watershed, Iran. In this study, fiv...

this paper studies the effects of six factors including industry type, size, age, ratio of capital to total assets, ratio of debts to assets, and advertising costs on profitability of com companies accepted in tse. profitability is defined at the three standard levels of roa, roat, and roe. the sample used in this research belong to the companies which are accepted in tse vy feb. 2001, and they...