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Purpose: Prior studies suggest that most expropriation of firm’s resources is conducted through related party transactions (RPTs). Based on the conflict of interest view, related parties opportunistically use their authorities to expropriate firms’ resources for their own benefits via RPTs...
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This article attempts to analyze the impacts of financial development on the probability of exports by companies listed in Tehran Stock Exchange (TSE) during 2008-2014-time period. The statistical population covered 102 companies listed in the Tehran Stock Exchange (TSE). Considering the...
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Purpose – The purpose of this paper is to provide the modified measures of risk-adjusted performance evaluation of Malaysian mutual funds using the downside risk concepts, and promote the ability of managers and investors in making logical decisions under the market asymmetry condition....
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