Sharif Digital Repository

Increased globalization and level of complexity of supply chains have made them more vulnerable to environmental disruptions than ever before. However, conventional methods of risk management can not help supply chains in the face of turmoil and disruption, because of unexpected and unfortunate events due to the unpredictability and uncertainty in which they are. They can have irreversible effects on supply chains and even threaten the very existence of members of these chains. In such a situation, the key to the success and survival of supply chain operations is to achieve supply chain resilience. On the other hand, health care supply chains are one of the most important and vital parts of... 

In the business context, the normative criteria by which moral status of individuals and organizational decision making and actions are evaluated are extracted from a recently developed discipline called the business ethics. There are various successful and unsuccessful theoretical frameworks to formulate or describe ethical norms in the business context such as consequentialism, utilitarianism, egoism, principlism, virtuism, and deontological ethics. In this dissertation, moral issues commonly raised in the economic and political system of capitalism have been investigated from a deontological point of view through the notion of “Kantian Capitalism” that was initially coined by the... 

Due to financial resources constraints, the country's oil industry, especially the upstream oil sector accounting for most of the country's foreign exchange and budget revenues, has not been developed. Thanks to the international sanctions against our country, the conventional financing methods are difficult to use anymore. According to the the current circumstances, the alternative sources of funding using modern approaches are necessary. Moreover, small capital is one of the alternative sources with the high potential for the high level of the liquidity in the society. This study, investigates the financial tools regarding capital market to attract small capital in order to finance... 

Which capital structure theories have the power to explain the determinant of capital structure in capital market companies, assuming the difference between the institutional and fundamental structure of Iran with other countries, which affects the behavior and decision-making style of managers. After the emergence of capital structure theories, studies were performed to assess the explanatory power of theories. The results revealed the fact that the differences in the institutional structure of countries affects the behavior and decision-making style of managers for adopting the optimal capital structure, and the determinants of capital structure followed a limited number of theories. In... 

Game theory, renowned for its transformative impact on economic theory, has often remained on the periphery of strategic decision-making within businesses, primarily due to its inherent mathematical complexity. This research offers a novel perspective to address this challenge, particularly in the realm of strategic pricing and revenue management. When analyzing strategic positions becomes challenging due to structural or informational complexities, this study proposes a strategic incorporation of these dimensions into a serious gaming framework. By distilling complex market dynamics into key modeling parameters, an environment closely mirroring real-world scenarios is created. In this... 

To understand the link between the capital misallocation and financial repression in less-developed economies, we put forward a dynamic theoretical macro-finance model with information asymmetry between firms and the bank. While there is no exogenous instrument for the bank to asses firms’ productivity, we let him update his belief about firms’ productivity, based on their records. We show in the presence of asymmetric information and weak formal contract enforcement systems, in the short-run, increasing the interest rate may increase capital misallocation since the moral hazard problem of strategically defaulting of firms can cancel out the screening mechanism of increasing the interest... 

This study examines the effect of working capital financing on the performance of Iranian manufacturing establishments in the credit crunch of 1387 (2008). The identification strategy for this study is comparison of ex-ante features and ex-post performance using instrumental variable (IV) regression. This IV regression, by controlling other determinants of dependence on working capital (domestic demand, exports and imports) and considering credit crunch indicator, can provide an unbiased and consistent estimation impact of working capital channel in credit crunch. This study uses a sample from "Annual Survey of Iranian Manufacturing Establishments" that includes 95512 observations and 28859... 

The notable share of housing sector in GDP (approximately five percent) shows this sector’s relation with macroeconomic activities. On the other hand, House as an asset leads housing sector to be affected by monetary and fiscal variables. A dynamic panel data was used in this study to evaluate the relations between housing sector and some macroeconomic variables in metropolises of Iran. As results show, in long term growth of liquidity, GDP per capita and sharp ratio have positive effects, and land per capita has negative effect on housing price in metropolises of Iran. Price increases have not been equal in different cities. Inequality of land price between metropolises and between... 

Since the seminal work of Modigliani and Miller, the basic question of whether a unique combination of debt and equity capital maximizes the firm value, and if so, what factors could influence a firm’s optimal capital structure have been the subject of frequent debate in the capital structure literature. Empirical work in this area has lagged behind the theoretical research, perhaps because the relevant firm attributes are expressed in terms of fairly abstract concepts that are not directly observable and furthermore capital structure decision-making is even more complicated when it is examined in an international context, particularly in developing countries where markets are characterized... 

Producer-level data for Iranian manufacturing firms shows a large amount of dispersion and concentration in producer level sectoral shares, as well as a very strong relashionship between sectoral shares and markups. We Study the pro-competitive gain from trade in the Iran’s manufacturing sector. Domestic firms in Iranian manufacturing sector are protected via tarfiff and non-tariff barriers enforced by the government. In many sections of manufacturing sector, domestic firms feel little competition and charge high markups. The market power of domestic firms could be reduced by the reduction of tariff rate and increase in import share. As a result of foreign competition pressure, they would be... 

In this research, I propose a macro-finance model with asymmetric information between firms and banks to investigate the capital misallocation effect of government interventions in financial markets of Iran’s economy, in terms of setting the price of “Transactional Loans”. In the presence of adverse selection, interest rate may be an instrument for screening lowproductive firms; however, the moral hazard problem of low productive firms with voluntary default, cancels out the filtering mechanism in high interest rates, if the cost of default for low-productive firms is low and judicial systems are poor in enforcing contracts. Hence, government repression/regulation policies do not affect the... 

As accelerators develop, literature about their distinctive characteristics and functions grow. Primary studies about business accelerators focused on defining the model and finding the distinctive characteristics of business accelerators. Later studies started to ask different kind of questions about outcome, functions and especially different models of accelerators. . Accelerators in developing countries are new phenomenon. Considering the fact that economic and entrepreneurial ecosystem are different in developing countries, accelerators in these countries have some distinctive characteristics which are not studied deeply in small accelerators literature.Employing Pauwels’ design elements...