Content
June 2019, Volume 36, Issue 3
- 365-394 Bank-based and market-based development and economic growth: an international investigation
by Isaac Boadi & Daniel Osarfo & Perpetual Boadi - 395-407 Hedging performance and the heterogeneity among market participants
by Yihao Lai & Wei-Shih Chung & Jiaming Chen - 440-463 Portfolio optimization based on modified expected shortfall
by Deepak Jadhav & T.V. Ramanathan
July 2019, Volume 36, Issue 3
- 408-426 Price formation in call auctions with insider information
by Tobias Brünner - 427-439 Are hedge fund returns affected by media coverage of macroeconomic news?
by Sandip Dutta & James Thorson - 465-491 Understanding the Flash Crash – state of the art
by Gianluca Piero Maria Virgilio - 600-615 A nonparametric Bayesian approach to term structure fitting
by Victor Lapshin - 616-636 European emission allowance and equity markets: evidence from further trading phases
by Murad Harasheh & Andrea Amaduzzi - 662-681 Mutual fund alpha and daily market-timing ability
by Qiang Bu - 682-699 Can energy commodities affect energy blockchain-based cryptos?
by Ikhlaas Gurrib
June 2019, Volume 36, Issue 2
- 114-129 Sensitivity of economic policy uncertainty to investor sentiment
by Mobeen Ur Rehman & Nicholas Apergis - 130-153 Corporate social responsibility and bankruptcy
by Elizabeth Cooper & Hatice Uzun - 240-264 Do mergers and acquisitions create value?
by Krishna Reddy & Muhammad Qamar & Noel Yahanpath - 265-290 Liquidity hedging with futures and forward contracts
by Yong Jae Shin & Unyong Pyo - 291-310 Further insights into the oil and equity market relationship
by Olfa Belhassine & Amira Ben Bouzid - 311-332 Acquirer size, political connections and mergers and acquisitions performance
by Xi Zhao & Huanyu Ma & Ting Hao
April 2019, Volume 36, Issue 2
- 183-206 How well can investors diversify with commodities? Evidence from a flexible copula approach
by Panos Fousekis & Vasilis Grigoriadis
March 2019, Volume 36, Issue 2
- 154-167 Testing derivatives pricing models under higher-order moment swaps
by Ako Doffou
May 2019, Volume 36, Issue 2
- 168-182 Crude oil price and implied volatility
by Panos Fousekis
May 2019, Volume 36, Issue 1
- 8-31 Fair premium rate of the deposit insurance system based on banks’ creditworthiness
by Naoyuki Yoshino & Farhad Taghizadeh-Hesary & Farhad Nili - 32-50 Investment performance and emotions: an international study
by Guy Kaplanski & Haim Levy - 51-62 Stock market stress from the central counterparty’s perspective
by Barbara Dömötör & Kata Váradi - 83-88 New methods of modeling and estimating preferences
by Moawia Alghalith
April 2019, Volume 36, Issue 1
- 63-82 Relative efficiency, industry concentration and average stock returns
by Giao X. Nguyen & Wikrom Prombutr & Chanwit Phengpis & Peggy E. Swanson
June 2019, Volume 36, Issue 1
- 89-111 Analyzing precious metals returns using a Kalman smoother approach
by Marco Erling
August 2018, Volume 38, Issue 1
- 1-12 Exchange rate nonlinearities in India’s exports to the USA
by Somesh K. Mathur & Abhishek Shekhawat
October 2018, Volume 36, Issue 2
- 207-223 Availability of private credit – does culture matter?
by Bree Dority & Frank Tenkorang & Nacasius U. Ujah
November 2018, Volume 36, Issue 2
- 224-239 Test for volatility spillover effects in Japan’s oil futures markets by a realized variance approach
by Tadahiro Nakajima
October 2018, Volume 35, Issue 4
- 458-480 Beyond market timing theory
by Subramanian Iyer & Siamak Javadi - 525-541 Competition and exposure of returns to the C-CAPM
by Hussein Abdoh & Oscar Varela - 542-563 A territorial perspective of SME’s default prediction models
by Linda Gabbianelli
August 2018, Volume 35, Issue 4
- 481-504 Quantile forecasts using the Realized GARCH-EVT approach
by Samit Paul & Prateek Sharma - 505-524 Population composition and financial markets: evidence from Japan
by Hiroyuki Kawakatsu & Mikiko Oliver
August 2018, Volume 35, Issue 3
- 441-456 On the disappearance of calendar anomalies: have the currency markets become efficient?
by Satish Kumar
July 2018, Volume 35, Issue 3
- 386-406 The value relevance of capital expenditures and the business cycle
by Sungsoo Kim & Brandon byunghwan Lee - 407-425 Excess offer premium and acquirers’ performance
by Won-Seok Woo & Suhyun Cho & Kyung-Hee Park & Jinho Byun
June 2018, Volume 35, Issue 3
- 362-385 Market efficiency and the global financial crisis: evidence from developed markets
by Omid Sabbaghi & Navid Sabbaghi - 426-440 Industry-based equity premium forecasts
by Nuno Silva
May 2018, Volume 35, Issue 2
- 273-286 The performance of IPOs excluding the jump
by Stoyu I. Ivanov - 287-306 Assessing the effects of housing market shocks on output: the case of South Africa
by Bernard Njindan Iyke - 307-329 Cross-border merger and acquisition activities in Asia: the role of macroeconomic factors
by Yusnidah Ibrahim & Jimoh Olajide Raji - 330-339 Portfolio selection using the Riskiness Index
by Doron Nisani
June 2018, Volume 35, Issue 2
- 222-243 Are covered calls the right option for Australian investors?
by Scott J. Niblock & Elisabeth Sinnewe - 244-272 Terminal values for firms with growth opportunities: explaining valuation and IPO price behavior
by Tom W. Miller - 340-360 Global risk factors in the returns of listed private equity
by Jörg Döpke & Lars Tegtmeier
March 2018, Volume 35, Issue 1
- 2-24 Portfolio balance effects and the Federal Reserve’s large-scale asset purchases
by Thomas Emmerling & Robert Jarrow & Yildiray Yildirim - 25-43 Cap rates and risk: a spatial analysis of commercial real estate
by Florian Unbehaun & Franz Fuerst - 44-64 Informed trading around biotech M&As
by Lawrence Kryzanowski & Trang Phuong Tran - 65-80 Position adjusted turnover ratio and mutual fund performance
by Yuhong Fan - 81-96 Can stock market liquidity and volatility predict business cycles?
by Benjamin Carlston - 97-108 New results on the predictive value of crude oil for US stock returns
by Matt Brigida - 109-136 Retirement saving in the UK: a life-cycle analysis
by Roberta Adami & Andrea Carosi & Anita Sharma - 137-152 Do mutual fund ratings provide valuable information for retail investors?
by Andreas Oehler & Andreas Höfer & Matthias Horn & Stefan Wendt - 153-162 Corporate cash-pool valuation: a Monte Carlo approach
by Edina Berlinger & Zsolt Bihary & György Walter - 163-177 Fair-value accounting, asset sales and banks’ lending
by Jeff Downing - 178-195 Managerial implications of off-balance sheet items in community banks
by Gregory Mckee & Albert Kagan - 196-218 Order book microstructure and policies for financial stability
by Alessio Emanuele Biondo
October 2017, Volume 34, Issue 4
- 430-446 What determines the gold inflation relation in the long-run?
by Satish Kumar - 447-465 Global financial crisis, ownership structure and firm financial performance
by Ali Salman Saleh & Enver Halili & Rami Zeitun & Ruhul Salim - 466-484 Investigating the interlinkages between infrastructure development, poverty and rural–urban income inequality
by Varun Chotia & N.V.M. Rao - 485-505 Inter-dependencies among Asian bond markets
by Sowmya Subramaniam & Krishna P. Prasanna - 506-526 Value-at-risk and expected shortfall using the unbiased extreme value volatility estimator
by Dilip Kumar & Srinivasan Maheswaran - 527-554 Stress test of banks in India across ownerships: a VAR approach
by Sreejata Banerjee & Divya Murali - 555-579 Valuation of the worldwide commodities sector
by Marcelo Bianconi & Joe Akira Yoshino - 580-596 Asynchronous ADRs: overnight vs intraday returns and trading strategies
by Jamie Kang & Tim Leung - 597-631 Do Portuguese mutual funds display forecasting skills?
by Nuno Manuel Veloso Neto & Júlio Fernando Seara Sequeira da Mota Lobão & Elisabete Simões Vieira
August 2017, Volume 34, Issue 3
- 302-330 Linking distinctive management competencies to SMEs’ growth decisions
by Ahmad Raza Bilal & Muhammad Naveed & Farooq Anwar - 331-343 Output impacts of the interaction between foreign direct investment and domestic credit
by Hong Chen & Baljeet Singh - 344-362 Commodities returns’ volatility in financialization era
by Rangga Handika & Iswahyudi Sondi Putra - 363-382 The determinants of currency derivatives usage among Indian non-financial firms
by Praveen Bhagawan M. & Jijo Lukose P.J. - 383-406 The dynamic linkage between exchange rate, stock price and interest rate in India
by Malepati Jayashankar & Badri Narayan Rath - 407-426 Exchange rate risk and the bilateral trade between Malaysia and Singapore
by Muhammad Aftab & Ijaz Ur Rehman
June 2017, Volume 34, Issue 2
- 166-182 The “celebrities” in finance: a citation analysis of finance journals
by Angelito Calma - 183-193 Does investor sentiment affect price-earnings ratios?
by Boonlert Jitmaneeroj - 194-212 How does household debt affect financial asset holdings? Evidence from euro area countries
by Merike Kukk - 213-227 Joint liability in a classic microfinance contract: review of theory and empirics
by Bhawani Singh Rathore - 228-237 Water-depletion and single-state municipal bond fund risk
by Marta Álvarez & Javier Rodriguez - 238-259 Improved VaR forecasts using extreme value theory with the Realized GARCH model
by Samit Paul & Prateek Sharma - 260-280 The role of toeholds on asymmetric information in mergers and acquisitions
by Sebouh Aintablian & Wissam El Khoury & Zouhaier M’Chirgui - 281-298 Financial development, oil dependence and economic growth
by Ramez Abubakr Badeeb & Hooi Hooi Lean
March 2017, Volume 34, Issue 1
- 2-23 The impact of global financial market uncertainty on the risk-return relation in the stock markets of G7 countries
by Geoffrey Loudon - 24-48 Returns to acquirers of listed and unlisted targets: an empirical study of Australian bidders
by Pascal Nguyen & Nahid Rahman & Ruoyun Zhao - 49-61 Taxation in a mixed economy: the case of China
by Davidson Sinclair & Larry Li - 62-81 Determination of China’s foreign exchange intervention: evidence from the Yuan/Dollar market
by He Li & Zhixiang Yu & Chuanjie Zhang & Zhuang Zhang - 82-104 Short selling regulation, return volatility and market volatility in the Athens Exchange
by Charilaos Mertzanis - 105-121 The effect of holding company affiliation on bank risk and the 2008 financial crisis
by Krishnan Dandapani & Edward R. Lawrence & Fernando M. Patterson - 122-142 Credit ratings, relationship lending and loan market efficiency
by Keldon Bauer & Omar A. Esqueda - 143-164 Determinants of stock market development: a review of the literature
by Sin-Yu Ho & Bernard Njindan Iyke
October 2016, Volume 33, Issue 4
- 466-487 On the non-neutrality of the financing policy and the capital regulation of banking firms
by Rainer Masera & Giancarlo Mazzoni - 488-500 A new theory of innovation and growth: the role of banking intermediation and corruption
by João Tovar Jalles - 501-508 SME lending decisions – the case of UK and German banks
by Tony Stevenson & Keith Pond - 509-531 Classifying Chinese bull and bear markets: indices and individual stocks
by Wei Chi & Robert Brooks & Emawtee Bissoondoyal-Bheenick & Xueli Tang - 532-552 The “Backus-Smith” puzzle, non-tradable output, and international business cycles
by Soojae Moon - 553-575 Market liberalizations and efficiency in Latin America
by Sheung Chi Chow & Yongchang Hui & João Paulo Vieito & ZhenZhen Zhu - 576-594 Exploring exchange rate based policy coordination in SADC
by Mulatu Fekadu Zerihun & Martinus C. Breitenbach & Francis Kemegue - 595-624 Comparison of methods for estimating the uncertainty of value at risk
by Santiago Gamba-Santamaria & Oscar Fernando Jaulin-Mendez & Luis Fernando Melo-Velandia & Carlos Andrés Quicazán-Moreno - 625-637 Spillovers between output and stock prices: a wavelet approach
by David G. McMillan & Aviral Kumar Tiwari - 638-659 Growth options, dividend payout ratios and stock returns
by George Li - 660-678 Market participation in a two-sector Diamond-Dybvig economy
by Ettore Panetti - 679-687 The effects of securitized asset portfolio specialization on bank holding company’s return, and risk
by Kenneth A. Tah & Oscar Martinez - 688-703 Risk tolerance and rationality in the case of retirement savings
by Tchai Tavor & Sharon Garyn-Tal - 704-715 Why is insider trading law ineffective? Three antitrust suggestions
by Viktoria Dalko & Michael H. Wang - 716-734 A review of angel investing research: analysis of data and returns in the US and abroad
by Michael B. McDonald & Ramon P. DeGennaro - 735-754 Arbitrage opportunities, efficiency, and the role of risk preferences in the Hong Kong property market
by Chun-Kei Tsang & Wing-Keung Wong & Ira Horowitz
August 2016, Volume 33, Issue 3
- 338-358 Noisy information and stock market returns
by Gang Li - 359-376 Equity fund performance
by Bin Liu & Amalia Di Iorio & Ashton De Silva - 377-402 Earnings surprises and the response of CDS markets
by Paulo Pereira da Silva - 403-416 Does the sentiment of investors explain differences between predicted and realized stock prices?
by Stella N. Spilioti - 417-436 The relative term structure and the Australian-US exchange rate
by Anh Tuan Bui & Lance A. Fisher - 437-464 Mergers and acquisitions: a review (part 2)
by Reza Yaghoubi & Mona Yaghoubi & Stuart Locke & Jenny Gibb
June 2016, Volume 33, Issue 2
- 190-208 Industry-specific determinants of shareholder value creation
by John Henry Hall - 209-221 Assessing foreign funds geographical focus timing skill
by Javier Rodríguez & Herminio Romero - 222-243 Foreign currency exposure within country exchange traded funds
by Owen Williams - 244-261 Analysis of the factors impacting ETFs net fund flow changes
by Stoyu I. Ivanov - 262-280 Labor income risk and households’ risky asset holdings
by Gideon Becker & Thomas Dimpfl - 281-301 Quality investing and the cross-section of country returns
by Adam Zaremba - 302-319 Business lending and bank profitability in the UK
by Victor Ekpu & Alberto Paloni - 320-335 Household micro-data, regulation and financial stability: the case of Denmark in the 1950s
by Kim Abildgren
March 2016, Volume 33, Issue 1
- 2-25 Option replication and the performance of a market timer
by Georges Hübner - 26-49 Dependence and extreme correlation among US industry sectors
by Kunlapath Sukcharoen & David J. Leatham - 50-68 A hybrid approach to exchange rates
by Guangfeng Zhang & Ian Marsh & Ronald MacDonald - 69-90 Does idiosyncratic volatility predict future growth of the Australian economy?
by Bin Liu & Amalia Di Iorio - 91-105 The inverse of a terror event? Stock market response to pro-active action
by Zvika Afik & Yaron Lahav & Lior Mandelzweig - 106-125 The manipulation of LIBOR and related interest rates
by Harald Braml - 126-146 The impact of capital shocks on M & A transactions
by Hongchao Zeng & Ying Huang - 147-188 Mergers and acquisitions: a review. Part 1
by Reza Yaghoubi & Mona Yaghoubi & Stuart Locke & Jenny Gibb
October 2015, Volume 32, Issue 4
- 398-421 Governance and long-term operating performance of family and non-family firms in Australia
by Enver Halili & Ali Salman Saleh & Rami Zeitun - 422-444 The cross-section of Johannesburg Securities Exchange listed equity returns (1994-2011)
by Jakobus Daniel Van Heerden & Paul Van Rensburg - 445-463 Forecasting stock index volatility with GARCH models: international evidence
by Prateek Sharma & Vipul _ - 464-484 Asymmetric cointegration and causality effects between financial development and economic growth in South Africa
by Andrew Phiri - 485-502 The impact of economic and financial development on environmental degradation
by Samia Nasreen & Sofia Anwar - 503-524 Financial constraints, bank concentration and SMEs: evidence from Pakistan
by Abubakr Saeed & Muhammad Sameer
August 2015, Volume 32, Issue 3
- 278-297 The golden target: analyzing the tracking performance of leveraged gold ETFs
by Tim Leung & Brian Ward - 298-321 FVA and CVA under margining
by Lixin Wu & Chonhong Li - 322-339 Lipper’s rating and the performance of unit trusts in Malaysia
by Ahmad Ridhuwan Abdullah & Nur Adiana Hiau Abdullah - 340-356 Financial development and economic growth: empirical evidence from India
by Madhu Sehrawat & A K Giri - 357-378 Pricing competitiveness of jump-diffusion option pricing models: evidence from recent financial upheavals
by Vipul Kumar Singh - 379-394 Optimum portfolio selection using a hybrid genetic algorithm and analytic hierarchy process
by Maghsoud Solimanpur & Gholamreza Mansourfar & Farzad Ghayour
June 2015, Volume 32, Issue 2
- 158-180 On informational efficiency of the banking sector: a behavioral model of the credit boom
by David Peon & Anxo Calvo & Manel Antelo - 181-203 Does the financial crisis influence the month and the trading month effects?
by Evangelos Vasileiou & Aristeidis Samitas - 204-221 Over-investment, the marginal value of cash holdings and corporate governance
by Chih Jen Huang & Tsai-Ling Liao & Yu-Shan Chang - 222-234 Reconsidering the role of Tobin’s Q
by Mark J. Holmes & Nabil Maghrebi - 235-255 Economic growth and market-based financial systems: a review
by Sheilla Nyasha & N.M. Odhiambo - 256-274 Identifying an index of financial conditions for South Africa
by Kirsten Thompson & Renee Van Eyden & Rangan Gupta
March 2015, Volume 32, Issue 1
- 2-16 Flight to quality?
by Franz Fuerst & Patrick McAllister & Petros Sivitanides - 17-52 House price cycles in emerging economies
by Alessio Ciarlone - 53-73 New evidence on alliance experience and acquisition performance
by Yiwei Fang & Dawei Jin & Xian Sun & Haizhi Wang - 74-97 Traders and time: who moves the market?
by Fabrizio Ferriani - 98-127 The performance of bid-ask spread estimators under less than ideal conditions
by Michael Bleaney & Zhiyong Li - 128-154 Volatility behaviour of stock index futures in China: a bivariate GARCH approach
by Yang Hou & Steven Li
September 2014, Volume 31, Issue 4
- 354-370 Stock market predictability
by Silvio John Camilleri & Christopher J. Green - 371-386 A structural VAR analysis of Islamic financing in Malaysia
by Mansor H. Ibrahim & Fadzlan Sufian - 387-405 Are stock prices stationary? Some new evidence from a panel data approach
by Xin Shen & Mark J. Holmes - 406-425 Regional volatility: common or country-specific? Exploration of international stock market
by Asma Mobarek & Michelle Li - 426-438 Trading volume and return relationship in the crude oil futures markets
by Saada Abba Abdullahi & Reza Kouhy & Zahid Muhammad
July 2014, Volume 31, Issue 3
- 246-254 Contagion effects on stock and FX markets
by Dimitrios I. Dimitriou & Theodore M. Simos - 255-271 Factors influencing on-market share repurchase decisions in Australia
by Subba Reddy Yarram - 272-290 Information content of dividends: a case of an emerging financial market
by Reza H. Chowdhury & Min Maung & Jenny Zhang - 291-308 Does hedging in futures market benefit Indian farmers?
by Thiagu Ranganathan & Usha Ananthakumar - 309-324 Acquisition returns: does industry matter?
by Reza Yaghoubi & Stuart Locke & Jenny Gibb - 325-352 The Eurozone crisis and its contagion effects on the European stock markets
by Wasim Ahmad & N.R. Bhanumurthy & Sanjay Sehgal
May 2014, Volume 31, Issue 2
- 130-140 The forecasting ability of world mutual funds
by Javier Rodriguez - 141-155 An empirical analysis of the performance of pension funds: evidence from UK
by Roberta Adami & Orla Gough & Suranjita Mukherjee & Sheeja Sivaprasad - 156-167 Money factors and EMU government bond markets' convergence
by Dionisis Philippas & Costas Siriopoulos - 168-185 The effect of securitization on US bank lending and monetary policy transmission
by Nesrine Ben Salah & Hassouna Fedhila - 186-201 Labor supply with Friedman-Savage preferences
by Joseph G. Eisenhauer - 202-222 Can investing in corporate social responsibility lower a company's cost of capital?
by Marcelo Cajias & Franz Fuerst & Sven Bienert - 223-243 Is there a right time for corporate investment?
by Min Maung & Reza H. Chowdhury
February 2014, Volume 31, Issue 1
- 3-45 The role of R&D investments in highly R&D-based firms
by Antje Schimke & Thomas Brenner - 46-71 Intraday liquidity patterns in limit order books
by Azeem Malik & Wing Lon Ng - 72-87 How do CFOs make capital structure decisions? A survey of Greek listed companies
by Athanasios G. Noulas & Georgios Genimakis - 88-105 Share repurchases: does frequency matter?
by Adri De Ridder & Jonas Råsbrant - 106-128 The use of discretionary loan loss provisions by Islamic banks and conventional banks in the Middle East region
by Hakim Ben Othman & Hounaida Mersni
September 2013, Volume 30, Issue 4
- 288-316 Impact of audit quality and ownership structure on the bias and accuracy of earnings forecasts issued in IPO prospectuses
by A.K.M. Waresul Karim & Kamran Ahmed & Tanweer Hasan - 317-346 Allocation to industry portfolios under Markov switching returns
by Deniz Kebabci Tudor - 347-369 Macro drivers of Australian housing affordability, 1985-2010
by Andrew Worthington & Helen Higgs - 370-388 Stock market linkages among new EMU members and the euro area
by Christian Dunis & Georgios Sermpinis & Maria Ferenia Karampelia - 389-400 Inventory accumulation, location and financial structure: evidence from China
by Pu Liu & Yingying Shao
July 2013, Volume 30, Issue 3
- 192-208 Does venture capital portfolio size matter?
by James R. Bartkus & M. Kabir Hassan & Geoffrey Ngene - 209-225 Are PIIGS stock markets efficient?
by Dilip Kumar - 226-243 Monetary policy effectiveness and the housing market
by Roger W. Spencer & John H. Huston - 244-265 Investment deposits, risk‐taking and capital decisions in Islamic banks
by Hichem Hamza & Zied Saadaoui - 266-282 Macroeconomic surprises and stock returns in South Africa
by Rangan Gupta & Monique Reid
May 2013, Volume 30, Issue 2
- 80-93 Monetary policy and the trade weighted dollar
by Christopher E.S. Warburton - 94-107 The effect of leverage mimicking portfolios in explaining stock returns variations
by Yaz Gulnur Muradoglu & Sheeja Sivaprasad - 108-117 Investigation of optimal capital structure in Malaysia: a panel threshold estimation
by Abd Halim Ahmad & Nur Adiana Hiau Abdullah - 118-138 Corporate governance, economic turbulence and financial performance of UAE listed firms
by Mostafa Kamal Hassan & Sawsan Saadi Halbouni - 139-158 Some stylized facts of return in the foreign exchange and stock markets in Peru
by Alberto Humala & Gabriel Rodriguez - 159-188 Lessons from financial crisis contagion simulation in Europe
by Lukasz Prorokowski
March 2013, Volume 30, Issue 1
- 4-21 Volatility and foreign equity flows: evidence from the Philippines
by Joseph J. French & Vijay Kumar Vishwakarma - 22-30 Psychological pricing in mergers & acquisitions using prospect theory
by Nipun Agarwal & Panlop Zeephongsekul - 31-44 Why do directors trade? Evidence from US multi‐company directors
by Huabing (Barbara) Wang - 45-55 Propensity to pay dividends and catering incentives in Thailand
by Nopphon Tangjitprom - 56-72 Capital structure – does ownership structure matter? Theory and Indian evidence
by Santanu K. Ganguli
September 2012, Volume 29, Issue 4
- 232-246 Managerial incentives, net debt and investment activity in all‐equity firms
by Michael J. Alderson & Brian L. Betker - 246-267 Neurofinance and investment behaviour
by Shalini Kalra Sahi - 268-286 Monetary policy effects on investment spending: a firm‐level study of Malaysia
by Zulkefly Abdul Karim - 287-300 An empirical analysis of Iran's banking performance
by Amir Arjomandi & Charles Harvie & Abbas Valadkhani