Editor-in-Chief Message

We welcome all our readers to the first issue of Journal of Finance and Accounting Research (JFAR). In this issue we are proud to present to our readers five new articles from our international and national contributors who have generously shared their research findings on various aspects of finance and accounting research. The field of finance & accounting is a highly dynamic one. It requires research and development of new tools, techniques and methods for the growth of industry and organizations. The gap between industry requirements and that of academic curriculum is fulfilled by research of academicians.

This issue has papers from the contemporary field of corporate governance, loan loss provision, banking sectors, puttable convertible bonds, free boundary problem, inventory turnover ratio, return on asset and return on equity, net profitability margin ratio, investment behaviour, behavioural finance, herding, mutual funds, security analysis, CAPM, technical analysis, earning management, discretionary accruals, non-discretionary accruals, and leverage. The response to our request for papers has been overwhelming and we are grateful.
In spite of our best efforts, due to the decision of the editorial board and the referee review board, some of the articles/papers could not be included in the present issue, but this should not defer any of the authors from sending their original articles, case studies, research reviews or empirical contributions for publication in our journal.

To all our authors: thank you for making this issue possible, and to our reviewers; thank you for supporting us in enabling JFAR achieve the high quality that it aims for. We hope everyone, from authors to reviewers, will continue to give their strong support to this journal.

Dr. Safia Nosheen
Journal of Finance and Accounting Research