Accounting and various aspects of finance
Mohammad Amri-Asrami; Seyed Kazem Ebrahimi; Hossein Amini
Abstract
Compliance with social and environmental responsibilities is one of the requirements of the current competitive era, and the competitiveness pressure of companies in this situation imposes costs on companies that can affect the company's financial performance. In this research, the moderating role of ...
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Compliance with social and environmental responsibilities is one of the requirements of the current competitive era, and the competitiveness pressure of companies in this situation imposes costs on companies that can affect the company's financial performance. In this research, the moderating role of competitive strength in the relation between social and environmental responsibilities with financial performance has been investigated. The statistical sample of this research is the companies listed on the Tehran Stock Exchange between 2016 and 2021. By regular screening method, 108 companies have been selected as samples. After checking the classical assumptions of regression, the panel data model with fixed effects has been used. The results showed that social performance has a positive relation with financial performance. The competition strength has a negative moderating role in the relation between social performance with financial performance. Environmental performance has a positive relation with financial performance, and the competition strength has a negative moderating role in this relation. According to the coefficients of variables, the social dimension of the company is more effective in increasing performance than the environmental dimension.
sadegh sarbazi azad
Abstract
Today's knowledge-based economy represents a great change and shift from financial resources to knowledge. Although the role of physical and financial assets in order to achieve the organization's objectives can not be denied, but what is important is that today's science, technology, good customer relations, ...
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Today's knowledge-based economy represents a great change and shift from financial resources to knowledge. Although the role of physical and financial assets in order to achieve the organization's objectives can not be denied, but what is important is that today's science, technology, good customer relations, information systems,... those constitute organization’s Intellectual Capital, are known as key success factors in information era. It’s believed that intellectual capital, including human capital and structural capital, has important and growing role in firm’s performance and affects on it’s financial achievements. This study examined the interactive effects of intellectual capital and its components on the value of the investment efficiency of listed companies in Tehran Stock Exchange. To do so, The information of 105 companies during 1388 to 1393 were selected from companies listed on the stock exchange. The results of the study indicate a significant and positive relationship between Interactive effects of the coefficient value added and intellectual capital and its components including efficiency of communicational and structural capital and investment efficiency on the value of the company.
Seyed Kazem Ebrahimi; Ali Bahraminasab; Sedigheh Parvaneh
Abstract
The goal of this paper is to examine the association between product market competition and corporate investment decisions on, particularly over investment and low investment .The managers have different incentives to keep cash in firms. Product market competition is another powerful mechanism ensuring ...
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The goal of this paper is to examine the association between product market competition and corporate investment decisions on, particularly over investment and low investment .The managers have different incentives to keep cash in firms. Product market competition is another powerful mechanism ensuring that management does not waste resources. When competition exists, shareholders can observe performance in other firms and use this information as a benchmark to evaluate managers. The aim of this research is to investigate impact of product market competition and Interactive relationship between product market competition and free cash flow on over- investment and low- investment in free cash flow. The Herfindahl-Hirschman index used as measures of competitiveness. The sample consisted of 110 companies listed in Tehran Stock Exchange from 10 different industries over the period 2010 to 2015. Research findings indicates that there is no significant positive relationship between Herfindahl-Hirschman with the low_ investment and over_ investment. The interactive effect of product market competition on a negative free cash flow is significant relationship with low investment .
