Sharif Digital Repository

P/E ratio is studied in four levels in this study:
1)Macroeconomics level
2)Capital market level
3)Industry level
4)Company level
The first level studies effects of macroeconomics variables on P/E ratio. At this level we use variables such as economic growth, inflation, exchange rate, and etc.The next level uses capital market variables such as market volume, and IPO information.The third level that we study in this research is industry level. Stocks of an industry generally behave similar, because they have common advantages and disadvantages, thus industry is an effective factor on P/E ratio.The last level studies financial statements and internal features of a... 

Earlier research mainly have addressed to a part of the M&A phenomenon and rarely have conducted multi-aspect analysis of it. On the other hand, unfortunately a high percentage of M&A deals collapses before completion which implicates there is not a thorough understanding of all the variables involved in the M&A process. Therefore, we conducted a case study research which is better qualified at providing in-depth, multi-aspects and multidisciplinary understanding and therefore novel findings of this multifaceted and complex phenomenon, M&A, in an emerging market context. Our research aims to highlight these questions: 1. what are the underlying incentives behind M&A deals initiation? 2. What... 

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... 

The objective of this study is to explore the relationship between the stock price volatility and dividend policy (dividend yield and dividend payout ratio) for the Iranian stock market. According to the studies of Baskin (1989) and Allen and Rachim (1996), the fixed effect and random effect regression models are applied in this research. The sample of data is composed of 200 public firms which are listed on the Tehran Stock Exchange (TSE) and paid dividends continuously from 2010 to 2020. The results indicate that the dividend policy has a significantly negative relationship with the stock price volatility. In addition, the Size of the company is negatively related to the stock price... 

In this thesis, performance of share stocks after Initial Public Offering has been investigated. According to the findings, underpricing and long-term underperformance phenomena have been witnessed in Tehran Stock Exchange and this conforms with the findings of researches in other markets. This study also showed that there is no meaningful difference between private and state-owned offerings in terms of short-term and long-term performance and, in disagreement with the results of similar studies in other stock markets, long-term return of state-owned offerings is less than market return in the same period. Furthermore, this study revealed that amongst various characteristics of offerings,... 

It has been about a decade that cosmological datas have shown the universe is accelerating. To describe this acceleration, cosmologosts use cosmological constant as the easiest way to describe,or the modified gravity models or smooth dark energy models as other ways. In this thesis we solved a specific structure formation problem, density contrast, for linear structures, in two different methods. the first method was LCDM model and the second method was a specific f (R) gravity model. We shpwed that these two solutions are about the same.
 

A survey on the methods of detecting a human body inside surrounding captured images of a machine, optimizing one of these methods and finding an injured person in a captured picture is our target. Using neural networks for better detection and making RBFN network, make it possible to use high altitude captured pictures with lower resolution and light changes. Modifying RBFN to MRBFN network for an optimized processing with effect of living signs seems to be an applicable approach. These methods can extended from detecting an injured person in a captured picture, to analyze the medical images like detecting a special pattern in MRI picture. Of course it’s a start for many future... 

In the modern world of software engineering, software evaluation has earned a special position. The presence of consultation companies in evaluating the software will confirm this specialty. Web technology, as a new trend in computer science, has attracted the attention of many researchers and practitioners. As known nowadays, most of the software solutions are Web-based. Such software is technically called Web application. The methods of evaluating Web application include the use of traditional metrics in software engineering. The intelligence of the Web in computer science has been the core of much research.
This study is intended to use intelligence, as one of the new features of the...