Investigating Market Reaction to Asset Revaluation

, M.Sc. Thesis Sharif University of Technology Soltani, Roya (Author) ; Ebrahimnejad, Ali (Supervisor)

Abstract

In recent years, some listed companies have re-evaluated their assets, an event that has generally received market attention; In fact, the market seems to be reacting very positively to an accounting phenomenon. In this study, we seek to investigate the market reaction to the revaluation of listed companies in Iran. To do this, we first estimate the market reaction to the news of the revaluation of assets. We then examine the possible reasons for the market reaction to the revaluation. Asset revaluation can improve the firm's access to finance by improving some financial ratios; On the other hand, the increase in capital from the revaluation of firms is accompanied by the issuance of bonus...

Innovative Financing Scheme for Repair and Rehabilitation of Critical Infrastructures Systems

, M.Sc. Thesis Sharif University of Technology Moghimi, Nima (Author) ; Haj Kazem Kashani, Hamed (Supervisor)

Abstract

The aim of this research is to examine and propose solutions for financing projects aimed at reducing vulnerability in the oil industry's infrastructure against earthquakes and enhancing their seismic resilience. Design and construction issues, as well as the gradual deterioration of oil infrastructure, increase their vulnerability to earthquakes. Earthquakes can disrupt the proper and continuous functioning of these infrastructures by causing damage. Such disruptions or interruptions in the performance of oil industry infrastructure can have significant economic and social consequences. To mitigate these damages, investment in vulnerability reduction measures is essential. Financing...

The Effect of Banks Entering the Stock Market on Lending Behavior: Evidence from Iranian Stock Market

, M.Sc. Thesis Sharif University of Technology Hazeri Yazdi, Farzaneh (Author) ; Ebrahimnejad, Ali (Supervisor)

Abstract

This paper examines the effect of the initial public offering (IPO) of banks in the Tehran Stock Exchange on their lending practices to firms. To this end, panel data from the financial statements of 93 listed firms, along with a database of loan balances of listed companies in the Tehran Stock Exchange, categorized by their respective banks, between 1386 and 1397, were utilized. The main question of this paper is whether the IPO of banks in the stock market affects their decision-making in granting loans and applying essential filters in selecting firms. To answer this question, the ordered logit method was employed. The results of the research show that publicly listed banks are more...

Investigating the Effect of Barkat Foundation's Employment Loans

, M.Sc. Thesis Sharif University of Technology Fallah Fishani, Arian (Author) ; Vesal, Mohammad (Supervisor)

Abstract

mismatch between skills and labor market demands reduce productivity and harm public welfare and economic growth. For this reason, governments implement active labor market policies to align the skills of the workforce with market needs and reduce unemployment. In this research, focusing on the issue of employment in deprived and rural areas of Iran, the effectiveness of one of the active labor market policies implemented by the Barkat Foundation is evaluated. From 2018 to the end of 2022, the Barkat Foundation granted nearly 290,000 micro-loans worth 14 trillion Tomans. The results show that, on average, if the loan amount exceeds 40 million Tomans, it can have a positive effect on the...