نشریه پژوهش های راهبردی بودجه و مالیه
سال چهارم شماره 1 (پیاپی 13، بهار 1402)

The investor's sentiments by influencing the expected rate of return and his attitude, will lead to an overreaction to the future of the market and will have a significant impact on the pricing of traded assets in the stock market and future profits and losses. Investigating the emotional behavior of investors allows us to get familiar with the behavior of investors by correctly measuring the emotions of investors at each stage of the market, and by examining the variables that affect it, we can predict this behavior in the future and make the right decision about the market and prices. Various criteria have been presented and used to measure the emotional behavior of investors, and each criterion has its own advantages and disadvantages. In this study, a six-fold composite index has been used in accordance with the state of the country's stock market and its limitations, and it has been measured on a monthly basis. This index has been calculated using the basic component analysis method in EVIEWS software. In this study, the effectiveness of the aforementioned index of four economic variables has also been studied using regression analysis of the ARDL model, the results of which are the negative effects of liquidity volume, operational and capital balance, and interest rate on the emotional behavior of investors, and the lack of effect of interest rate without risk on the behavior Investors' feelings are evident in Tehran Stock Exchange.

The most important characteristics of women are accepting less risk, being more conservative and observing moral principles. This research examines the effect of gender diversity in the audit committee and the efficiency of internal controls on the quality of financial reporting and commercial credit in companies listed in Tehran Stock Exchange. The current research is an applied research in terms of purpose, quantitative in terms of data type, inductive in type of reasoning, and descriptive-correlation in terms of implementation method. After examining the classic regression assumptions, generalized regression patterns have been used. The relations between variables have been tested using correlation and multiple regression models with dynamic panel approach using R statistical software. In order to investigate the hypotheses of the research, a statistical sample of the companies listed in the Tehran Stock Exchange was considered through systematic elimination during the years 2016-2020. Based on statistical analysis and estimation of regressions, the results of examining the hypotheses at the expected error level showed that there is no significant relation between gender diversity in the audit committee and the quality of financial reporting. There is no significant relation between gender diversity in audit committee and business credit. There is a positive and significant relation between the efficiency of internal controls and the quality of financial reporting. There is no significant relation between the effectiveness of internal controls and business credit. Therefore, compliance with appropriate internal controls can increase the quality of financial reports.

Today, financial markets have become very important and most people in these markets are looking for new opportunities to invest and increase their assets. A level of financial literacy is required to access these financial markets and take advantage of the opportunities available to invest and participate in these markets. The main goal of the current research is to identify and prioritize strategies for improving financial literacy in the capital market. The statistical population of the research is experts and experts and activists in the field of capital market. In order to describe the findings, many tables and graphs were used. In addition, in order to better describe the data, central indices and dispersion indices were used. Student's t-test and Friedman's test were used to test the hypotheses. The most important results obtained in this research show that the three variables of changing financial attitude, changing financial behavior and improving financial knowledge respectively have a higher average rating and are the most important strategies for improving financial literacy in the capital market.

Banks, as the most important financial institutions, and considering the speed of change in financial technologies and in general frequent changes in the international banking system, in terms of facing turbulences and changes in the external environment, they need more the category of future vision and environmental monitoring. The purpose of the current research is to provide a suitable process model for monitoring and monitoring the environment in banks to face the future of the banking industry. This research is an exploratory study with practical goals. After examining the comparative studies and using the Delphi method, the conceptual model was designed based on the model of Haynes et al. The content validity of the questionnaires was confirmed by the opinion of experts. Based on the results of the research, a validated process model consisting of 4 main processes: finding, analyzing, framing and applying was presented. This model can be used in recognition, analysis and proper planning to face the future of the banking industry in the country's banking network.

One of the important topics related to the stock exchange organization is predicting the future profitability of listed companies. Forecasting profitability is a very important issue that has focused the minds of financial analysts. Therefore, it is thought that the Dupont ratio, which includes the activity ratio and the profitability ratio, has a lot to do with predicting the future profitability of companies. Therefore, the purpose of this research is to predict operational profitability using Dupont analysis in insurance companies admitted to the Tehran stock market using regression models. The number of companies in the insurance industry in this research is fourteen companies for the period of 1394 -1399. The results of this research show that the future profitability of an insurance company is affected by changes in profit margins and performance management.

Profitability is one of the most important indicators for evaluating companies. In this research, after adding the factor of credit rating to the literature of factors affecting profitability in addition to liquidity variables, financial leverage, sales growth, company size and tax rate as factors influencing the profitability of stock exchange companies from multiple regression to analyze and analysis and measurement of the effect of variables on profitability have been used. The research period is 2019. The obtained results show that the variables of credit rating and financial leverage have a positive effect on profitability, and credit rating is a key variable in the factors affecting the profitability of stock exchange companies. While liquidity has a negative and significant effect on the profits of companies. Also, there is no significant relationship between the financial leverage variables of tax rate and profitability.