Investigating the impact of human capital and income diversification on the performance of banks admitted to the Tehran Stock Exchange
Subject Areas : Financial Economicssamira motaghi 1 * , mohammad reza Ranjbar Fallah 2 , samaneh talei ardakani 3 , seyed Amirhossein Hosseini talemi 4
1 - . Associate Professor, Department of Economics, Payam Noor University, Tehran, Iran.
2 - Associate Professor, Department of Economics, Payam Noor University, Tehran, Iran
3 - department of economics, faculty of humanities & social sciences, ardakan university, ardakan, iran
4 - . Graduated from Department of Economics, Payam Noor University, Tehran, Iran
Keywords: human capital, income diversification, bank performance, multiple regression, bourse,
Abstract :
The present study examines the impact of human capital and income diversification on the performance of banks admitted to the Tehran Stock Exchange. Also, the mediating role of income diversification on the relationship between human capital and bank performance is also investigated. In this regard, three hypotheses were developed. The statistical population of the research includes banks admitted to the Tehran Stock Exchange. Considering that 23 banks were admitted to the Tehran Stock Exchange during the years 2011 to 2020, and 18 banks were continuously present in the stock exchange during the mentioned period, and their data is fully available. The financial data of the research was extracted from the Rehavard Novin 3 database, the information site of Kodal Publishers, and the website of the Iranian Financial Information Processing Center. The research data was collected with the approach of mixed data (cross-sectional-time series) and was statistically analyzed using the multiple regression method and with the help of Eviews12 software. The results of the research show that human capital has a positive and significant effect on the performance of banks. Also, income diversification has a positive and significant effect on banks' performance. Finally, income diversification has a negative and significant effect on the relationship between human capital and banks' performance.