The Impact of the Dark Triad Personality Traits of Managers on the Financial Performance of Investment Funds with an Emphasis on Economic Factors in the Tehran Stock Exchange
Subject Areas : Financial and Behavioral Researches in Accounting
omid yaghoubi
1
,
marzieh ebrahimishaghaghi
2
1 -
2 - Department of Accounting and Management, Shahryar Branch, Islamic Azad University, Shahriar, Iran
Keywords: Machiavellianism, Narcissism, Psychopathy, Economic Factors, Financial Performance.,
Abstract :
Investment funds are financial institutions whose main activity is investing in securities and whose owners share in the profit and loss of the fund in proportion to their investment. Investors who buy units of investment funds are the owners or shareholders. Investment managers of funds must have the necessary expertise and skills to improve their performance, they must be professionals in the capital market so that the investment funds perform as desired and the investors in the funds as well They get a lot of profit from their investment. The performance and return of investment funds, as well as the factors affecting their performance, have always been the focus of investors, fund managers, and policymakers. In this regard, the aim of the current research was the effect of the dark triple personality traits of managers on the financial performance of investment funds with emphasis on economic factors in the Tehran Stock Exchange. Novin, Central Bank website data and its reports have been used. The findings of the research showed that the exchange rate had a significant relationship with the returns of the funds, and also the traits of Machiavellianism, narcissism and anti-socialism had a significant relationship with the returns of the funds, and in this regard, suggestions were made to improve the financial performance of investment funds.
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