Selection of optimal stock portfolios using accounting information, valuebased information and balanced scorecard information

Q: How can I download an article?

To download an article from SID, first log in to the site, search for the article title, and click on the 'Download Article' option.

Q: How can I download an ISI article?

To download an ISI article on SID, enter the keyword or article title in the search bar, view the relevant results, click on the desired article, and select the 'Download Article' option.

Q: How can I access the SID database?

To access the SID database, visit SID.ir, create an account, and log in to access scientific resources.

Q: Is downloading articles from SID free?

Some articles on SID are available for free, while others require payment. Details are specified on the article's page.

FATTAHI NAFCHI HASSAN; Arab Salehi Mehdi; Ismaili Majid

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Journal Paper

Paper Information

Journal: Journal of Accounting Advances Year:2020 | Volume:11 | Issue:2 (77/3) Page(s): 285-320

Download Full-Text

Persian Verion

View:

442

Download:

234

Cites:

Information Journal Paper

Title

Selection of optimal stock portfolios using accounting information, valuebased information and balanced scorecard information

Author(s)

FATTAHI NAFCHI HASSAN | Arab Salehi Mehdi | Ismaili Majid | Issue Writer Certificate

Keywords

Optimal Stock PortfolioQ1

Accounting InformationQ2

Value-Based InformationQ1

Balanced Scorecard InformationQ1

Abstract

The purpose of the present study is to develop a comprehensive optimal portfolio model using Accounting Information analysis, Value-Based Information and Balanced Scorecard Information. The statistical population of the research is the companies listed in Tehran Stock Exchange during the period 2007-2017. In order to achieve the objectives of the research, the formulation of dimensionality reduction, data envelopment analysis methods, backing vector machines, and clustering algorithms were used. The above model was implemented in four steps and in each step besides risk and return component, accounting criteria, value based criteria and financial criteria and then non-financial balanced scorecard were used as input step by step portfolio model. The findings of the research indicate that the criteria used in the research for optimizing the portfolio of stocks have informational content and the addition of each set of criteria leads to an increase in the efficiency of the portfolio. This information content of the balanced scorecard is even more impressive. Overall, the simultaneous application of hybrid optimization methods and comprehensive benchmarks extracted from financial reports resulted in a more optimized portfolio and higher risk-taking and Markovitz literature returns.

Cites

No record.

References

No record.

Cite

APA: Copy

FATTAHI NAFCHI, HASSAN, Arab Salehi, Mehdi, & Ismaili, Majid. (2020). Selection of optimal stock portfolios using accounting information, valuebased information and balanced scorecard information. JOURNAL OF ACCOUNTING ADVANCES (JAA) (JOURNAL OF SOCIAL SCIENCES AND HUMANITIES), 11(2 (77/3) ), 285-320. SID. https://sid.ir/paper/359970/en

Vancouver: Copy

FATTAHI NAFCHI HASSAN, Arab Salehi Mehdi, Ismaili Majid. Selection of optimal stock portfolios using accounting information, valuebased information and balanced scorecard information. JOURNAL OF ACCOUNTING ADVANCES (JAA) (JOURNAL OF SOCIAL SCIENCES AND HUMANITIES)[Internet]. 2020;11(2 (77/3) ):285-320. Available from: https://sid.ir/paper/359970/en

IEEE: Copy

HASSAN FATTAHI NAFCHI, Mehdi Arab Salehi, and Majid Ismaili, “Selection of optimal stock portfolios using accounting information, valuebased information and balanced scorecard information,” JOURNAL OF ACCOUNTING ADVANCES (JAA) (JOURNAL OF SOCIAL SCIENCES AND HUMANITIES), vol. 11, no. 2 (77/3) , pp. 285–320, 2020, [Online]. Available: https://sid.ir/paper/359970/en

Related Journal Papers