Examining the role of organizational nudge and psychological capital on Organizational Sustainability in stock brokerages with the mediating role of corrupt behavior

Subject Areas : Financial and Behavioral Researches in Accounting

Shayan Rouhani Rad ¹ , Mohammad Keshavarz ²

1 - Ph.D. Student in Financial Engineering, Faculty of Management and Accounting, Allameh Tabatabaei University, Tehran, Iran
2 - Ph.D. in Organizational Behavior Management, Faculty of Economics, Management and Administrative Sciences, Semnan University, Semnan, Iran

Received: 2022-10-03 Accepted : 2022-11-25 Published : 2022-12-22

Keywords: Corrupt Behaviors Organizational Sustainability, Stock Brokerage Companies, psychological capital, Organizational Nudge,

Abstract :

Today, brokerage companies in the competitive market and in order to achieve financial success must identify effective and necessary factors to prevent corrupt behaviors. The present study was conducted with the aim of investigating the role of organizational nudge and psychological capital on organizational sustainability in stock brokerages with the mediating role of corrupt behaviors. This study has been conducted regarding applied purpose, descriptive type, and survey method. The statistical population in this study is 610 employees of stock brokerage companies in Shiraz city, who were selected by convenience sampling method. In order to analyze the data, the partial least squares method and Smart PLS-2 software were used. Convergent validity was used to measure validity, Cronbach's alpha was used to measure reliability, and its coefficient is more significant than 0.7 for all research constructs. The obtained results indicate that the organizational nudge negatively and significantly affects corrupt behavior in brokerage companies. Also, the positive and significant effect of organizational nudge and psychological capital on organizational sustainability was confirmed. Finally, the results of this research showed that corrupt behaviors play a mediating role between organizational nudge, psychological capital, and organizational sustainability of stock brokerage companies.