Application of regression panel in order to analyze the impact of bio performance Environment on the financial performance of pharmaceutical industries
majid Moatamedy
1
(
Department of Industrial Management, Nowshahr Branch, Islamic Azad University, Nowshahr, Iran
)
mohammad hossein Darvish motevalli
2
(
Department of Industrial Management, West Tehran Branch, Islamic Azad University, Tehran, Iran.
)
Keywords: Environmental Performance, Financial Performance, Mass Resources, Regression panel, Pharmaceutical Industry.,
Abstract :
The main purpose of this research is to investigate the impact of the general dimensions of environmental performance on the financial performance of companies in the pharmaceutical industry. The research method in this research is applied from the point of view of the results and purpose, and in terms of the nature of the implementation, it is descriptive and survey type, and the information is collected from library and field methods. The statistical population of this research is 40 pharmaceutical manufacturing companies active in the Tehran Stock Exchange and their performance has been investigated during the years 2017 to 2021. In this research, statistical calculations have been done to test the hypotheses based on the regression panel using specialized software. The findings of the research showed that the dimensions of environmental performance have a positive and significant effect on financial performance in the pharmaceutical industry. And it was also found that mass resources moderate the effect of environmental performance on financial performance, and in this way, the more the company's mass resources are, the greater the positive effect will be. The results of this research can be used in developing strategic plans for these industries and in order to increase profitability and public trust.
