[Home ] [Archive]   [ فارسی ]  
:: Main :: About :: Current Issue :: Archive :: Search :: Submit :: Contact ::
Main Menu
Home::
Journal Information::
Articles archive::
For Authors::
For Reviewers::
Registration::
Contact us::
Site Facilities::
::
Search in website

Advanced Search
..
Receive site information
Enter your Email in the following box to receive the site news and information.
..
:: Volume 18, Issue 3 (11-2023) ::
2023, 18(3): 192-196 Back to browse issues page
Ethical Hazards Comparing the Effect of Volume Based on the Liquidity of Securities
Abstract:   (251 Views)
Background: One of the most important economic goals of countries is to provide financing from the securities market in order to prevent banking crises. Therefore, the impact of the base volume in the Iranian securities market to prevent speculation and in order to improve liquidity will not be possible except with the increasing link of economic ethics. The purpose of the current research is to investigate the consequences of reducing moral hazard on the application of the base volume and its relative costs on the liquidity of the securities of knowledge-based companies in the Tehran stock market.               
Method: The method of the current research is practical and of the type of machine learning and the method of generalized moments. Two groups of small-medium stocks (a case study of knowledge-based companies) and large companies in the Tehran stock market were selected as the statistical population, which were selected from the ranks of the target population in 2014-2021 as the research sample. The data measurement tool was the Iran Stock Exchange website. The decision tree and torque method was also used for the test.
Results: The fit of the research model, which included a main hypothesis, was confirmed. Therefore, the application of volume based on the market liquidity of two groups has a negative effect, which is more for knowledge-based companies and can cause moral hazards in pricing.
Conclusion: The Amihud index was used for estimation and the experimental results indicate that the volume of the base has a high importance in the lack of liquidity in the market, which is more important for knowledge-based companies and shows that it can cause moral hazards.

Keywords: Moral hazard, Stock exchange, Machine learning, Base volume
Full-Text [PDF 377 kb]   (179 Downloads)    
Type of Study: Research | Subject: Special
Received: 2022/10/9 | Accepted: 2022/12/10 | Published: 2023/11/20
Add your comments about this article
Your username or Email:

CAPTCHA


XML   Persian Abstract   Print


Download citation:
BibTeX | RIS | EndNote | Medlars | ProCite | Reference Manager | RefWorks
Send citation to:

Ethical Hazards Comparing the Effect of Volume Based on the Liquidity of Securities. Ethics in Science and Technology 2023; 18 (3) :192-196
URL: http://ethicsjournal.ir/article-1-3101-en.html


Rights and permissions
Creative Commons License This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
Volume 18, Issue 3 (11-2023) Back to browse issues page
فصلنامه اخلاق در علوم و فناوری Ethics in Science and Technology
Creative Commons License
All works in this site are licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
Persian site map - English site map - Created in 0.04 seconds with 37 queries by YEKTAWEB 4652