Original Article
hamid reza modiri; Marjan Daman keshideh; hooshang momeni; amirreza keyghobadi; ali esmailzadeh maghari
Abstract
This study was conducted to determine the effect of the asymmetric oil price shock, tax revenues, resource curse, stock market, and business cycles of Iran by using the structural vector auto regression model (SVAR) for the 1984-2018 period. According to results of the estimated SVAR model, an impulse ...
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This study was conducted to determine the effect of the asymmetric oil price shock, tax revenues, resource curse, stock market, and business cycles of Iran by using the structural vector auto regression model (SVAR) for the 1984-2018 period. According to results of the estimated SVAR model, an impulse imposed by the duration of sanctions on oil exports led to an 89% increase in production gap, and impulses caused by liquidity and stock price led to 86% and 53% rises in production gap, respectively. Variation in oil and foreign exchange earnings results in different and even conflicting changes in foreign and domestic sectors of the economy, which subsequently affect the economic performance positively or negatively. Regarding economic structure and principles, a constant increased exchange rate leads to economic growth while a cross-sectional increment in exchange rate does not lead to any economic prosperity. Increased exchange rate and decreased domestic money weakness will increase foreign debt, which in turn causes liquidity shortage. Overall, the liquidity shortage of economic firms has a negative impact on the return of stock and business cycles. Hence, policymakers must pay considerable attention to macroeconomic indicators.
Original Article
Hamid Doulabi; Abbas Khamseh; Taghi Torabi
Abstract
Special attention to the relative advantages of the economy is the best way toward economic development of the country. The chemical sector, due to the country's advantage, owing to its considerable natural oil and gas resources, high variety of products, technology and market, has a significant charm ...
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Special attention to the relative advantages of the economy is the best way toward economic development of the country. The chemical sector, due to the country's advantage, owing to its considerable natural oil and gas resources, high variety of products, technology and market, has a significant charm and scope for technological innovation and development. Nowadays, the country's political and economic status has created opportunities for chemicals, but Existing policies have merely increased scientific research articles and in practice it has not cause to technological innovation (Patent). The first step in the policies for this sector, understanding the factors that influence firms to technology innovation. Therefore, the purpose of this study is to analyze of factors affecting the management of technological innovation in the chemical industry to provide solutions. In this paper, the factors, were investigated by using verification factor analysis and structural equations. Then, the relative importance of each factor was determined based on the Fuzzy BWM method. The results of the present study indicated that, R&D ability, R&D efforts, Sustainable Profitability With the most votes and low-risk chemical synthesis, less chemical waste science and technology diplomacy were ranked last.
Original Article
Mohammadali Tahanian; Mojtaba Ramezani; Ahmad Ghasemzade Khosroshahi; Mousa Rezvani Chamanzamin; Sirus Fakhimiazar
Abstract
In this study, which was synthetic and inductive-deductive in terms of data collection method, 12 marketing management specialists at the university level participated as panel members in the quality department. In fact, in the qualitative part, which used meta-synthesis and Delphi analysis, the aim ...
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In this study, which was synthetic and inductive-deductive in terms of data collection method, 12 marketing management specialists at the university level participated as panel members in the quality department. In fact, in the qualitative part, which used meta-synthesis and Delphi analysis, the aim was to identify the contents of e-marketing statements in advancing the marketing goals of oil companies. In a small part with the participation of 16 managers and deputies of Sepahan Isfahan Oil Company, the identified propositions in the form of a comprehensive structural interpretive analysis based on the priority of effectiveness. Therefore, relying on meta-analysis, first 26 studies were reviewed as a basis for evaluation to determine the content of e-marketing propositions in advancing the marketing goals of oil companies in the form of critical evaluation. According to which, 21 themes of selected propositions were entered into Delphi analysis in a checklist manner to determine the theoretical adequacy. At this stage, 7 propositions were removed during the two stages of Delphi analysis and a total of 16 propositions were included in the quantitative analysis section, ie comprehensive structural interpretive analysis. In this section, the results showed that the content of the propositions of creating an intelligent marketing system to recognize changes in the oil industry at the ninth level was determined as the most effective e-marketing factor in advancing the marketing goals of Sepahan Isfahan Oil Company.
Original Article
Zahra Jafari; Zahra Moradi; Shohrah Yazdani
Abstract
The purpose of this study is to level the optimal analytical topics for evaluating the cost of petrochemical stock in the capital market. In this study, which was synthetic and inductive-deductive in terms of data collection method, 12 accounting and financial management specialists at the university ...
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The purpose of this study is to level the optimal analytical topics for evaluating the cost of petrochemical stock in the capital market. In this study, which was synthetic and inductive-deductive in terms of data collection method, 12 accounting and financial management specialists at the university level participated as panel members in the quality department. In fact, in the qualitative part, which used meta-synthesis and Delphi analysis, the aim was to identify the optimal analytical themes for the valuation of cost-effective stocks and then, in a small section with the participation of 16 petrochemical brokers, to classify the identified statements in the form of a total interpretive structural modelling based on impact priority. Therefore, relying on meta-synthesis analysis, 12 studies were first evaluated as the basis for evaluation to determine the optimal analytical themes of cost-based stock valuation based on critical evaluation, based on which 11 themes were selected propositions and entered into Delphi analysis to determine theoretical adequacy. In this stage, 3 propositions were removed during the two stages of Delphi analysis and a total of 8 analytical propositions of stock valuation were economically entered into the quantitative analysis section, ie total interpretive structural analysis. In this section, the results show the most influential analytical themes of cost-effective stock valuation in the petrochemical industry, two statements of normal stock market price analysis based on the current rated price of "K2" and a focus on the net asset value is "K3", which is at the fourth level of this model.
Original Article
Peiman Farahani; Alireza Moini; ruhollah akbari
Abstract
Paying attention to special opportunities and trying to enumerate existing capabilities at the heart of regions by using the scientific and technological capacities available to them are some of the instances in which the shortfalls in development programs can be eliminated and the way can be paved for ...
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Paying attention to special opportunities and trying to enumerate existing capabilities at the heart of regions by using the scientific and technological capacities available to them are some of the instances in which the shortfalls in development programs can be eliminated and the way can be paved for a balanced progress at the local level with the fair distribution of opportunities. To this end, a transition from first (Education oriented) and second (Education and research oriented) generation universities, towards third generation (3G) universities which, in addition to education and research, actively seek to impact society and the economy, is one of the most central issues which can bring about full scale, dynamic, and sustainable progress in the regions based on science and technology. As a first step in the present research, attributes in third generation universities impacting regional progress have been examined by studying the resources. Using the Delphi method and Shannon’s entropy, the mentioned components and their weight were examined based on the opinions of 63 well-known experts active in the national oil industry and specialists in universities, and research, science and technology centers affiliated to the industry. Twenty-eight basic components and six principal components were approved in the survey of experts. Of these, three were prioritized and given weight in the following order:1) Formulating regional endogenous innovation and value creation ecosystems, 2) designing and implementing a regional skills, education, and training system, and 3) developing organizational capacities according to the new functions of regional universities.
Original Article
Mahdieh Nejatollahi; Reza Tajarlou; Abdolhossein Shiravi
Abstract
In spite of decades from its establishment, National Iranian Oil Company (NIOC) has failed to get the reputation of a prosperous international company. This failure may be due to different reasons but the role of directors in the success of the company is undeniable. How to have efficient directors and ...
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In spite of decades from its establishment, National Iranian Oil Company (NIOC) has failed to get the reputation of a prosperous international company. This failure may be due to different reasons but the role of directors in the success of the company is undeniable. How to have efficient directors and therefore a strong board of directors is a challenge that in its response is raised the concept of Good Corporate Governance that by crushing this concept, It will be applied it in the process of appointment directors. The research intends to scrutinize and describe the process of board of directors' appointment from Good Corporate Governance point of view, identifying NIOC advantages and disadvantages thereof. It was found that some indicators of Good Corporate Governance principles such as specialized diversity of board composition are desirable and minimum competencies are less and there is no independent managers criteria. At first hereto, the process is described in three sections: appointment entity, board qualifications and nomination process and following is brought its analysis by using descriptive-analytic method. In conclusion, suggestions are made in regards with enhancing standards of NIOC Good Corporate Governance about board of directors' appointment .
Original Article
Habib Ansari Samani; Samaneh Bagheri
Abstract
This study examines the effect of Iranian oil sanctions on the International oil market network for the first time with Complex Network Analysis (CAN) with Diebold -Yilmaz and Arch indexes from 1991:01 to 2019:12. The analysis was performed for two periods before and after the sanctions, and the results ...
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This study examines the effect of Iranian oil sanctions on the International oil market network for the first time with Complex Network Analysis (CAN) with Diebold -Yilmaz and Arch indexes from 1991:01 to 2019:12. The analysis was performed for two periods before and after the sanctions, and the results were compared. Results showed that the Iranian oil market in both networks before and after the sanction is one of the influential nodes in the oil network. The volatility spillover of the Iranian oil market in the oil network market has increased after the sanctions. Also, on Iranian oil, volatility spillover from other oil markets has to Iran increased after the sanction. But overall, the sanction has not had a significant impact on the oil market network. The Iranian oil market volatility was receiver before the sanction in the network, but its role changed after the sanction, and it became a sender node.
Original Article
Reza Ashtari; Maryam Darvishi; Ghasem Bakhshandeh; Mohammad Hemati
Abstract
Competitive advantages play a unique role in organizations' successes or failures because of customers' very speedy accessibility to suppliers and manufacturers. Indeed, this is competitive advantages which can make firms and organizations survive and grow in today's increasing competitive field attaining ...
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Competitive advantages play a unique role in organizations' successes or failures because of customers' very speedy accessibility to suppliers and manufacturers. Indeed, this is competitive advantages which can make firms and organizations survive and grow in today's increasing competitive field attaining by creating and or improving their capabilities. The main goal of the study is to design a grounded theory model extracted from the transnational capabilities, but this required to explore the transnational capabilities aiming for the international markets entry. The statistical population of this qualitative research included experts and managers working in the steel pipe manufacturing companies of Iranian gas and oil industry. The data collected via interviews. The validity assured by counseling with the elites and university professors and the reliability verified by the Delphi technique. The findings revealed 496 open, 44 axial and 9 selective codes including: 1) Marketing, 2) Managerial, 3) Human Resources, 4) Financial, 5) Manufacturing, 6) Quality & Standards, 7) Research & Development 8) Logistics and 9) Interactions and counseling with the government. Finally, a new model extracted and represented from analysis of the axial coding process of the grounded theory. The model precisely clarified relationships among the components including casual conditions, context, actions/interactions (strategies), intervening conditions and consequences. Recognition of the relationships of the components will help better understanding of the capabilities. This will lead to attain the competitive advantages needed for successful entry into the international markets.
Original Article
Oil and Gas Economics and Management
Maryam Khorram; Taghi Torabi; Abbas Toloie Eshlaghy; Rasoul Habibzadeh Shojaee
Abstract
The economic aspects of technological advances in the drilling industry using the MRC method compared to other drilling technologies have been investigated in this study. Field and survey methods from combined implementation research methods have been performed by a dynamic approach using Vensim software. ...
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The economic aspects of technological advances in the drilling industry using the MRC method compared to other drilling technologies have been investigated in this study. Field and survey methods from combined implementation research methods have been performed by a dynamic approach using Vensim software. Professors, drilling and reservoir engineering professionals in the oil and gas drilling industry, or equivalent positions, comprised the study's statistical population. Finally, 120 individuals were chosen by non-probabilistic sampling (judgment) and the snowball method. In the Vensim dynamic environment, the simulation completion time (based on the 2017 dynamics model) and the initial simulation time (based on the 2013 dynamics model) were adjusted to generate a flow diagram analyzing the economic aspects of technological improvements in this type of drilling industry. According to the causal tree results, the drilling industry's performance has the highest priority among studies of economic aspects of technological changes in the drilling industry using the MRC method, and it has a significant relationship with technological changes in the drilling industry. The sensitivity analysis chart demonstrated that with a change in the variable of indicators of the drilling industry at an average level of 5.25 to 5.5, the target variable, i.e., the performance of the drilling industry, has the least sensitivity and has no particular effect on it. On the other hand, by modifying the effectiveness of the drilling industry, effectiveness indicators at the average level of 6.95, the target variable has the maximum sensitivity and has a very significant effect on it.
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