The Application of the role of Employee Quality in the Managers’ Investment Decisions Efficiency

The Application of the role of Employee Quality in the Managers’ Investment Decisions Efficiency

Subject Areas : Management Accounting

hadi amini ^{1 *} , وحید اسکو ² , Abdolkhalegh Khonaka ³ , َAbolfazl Momeni Yanesari ⁴

1 - Assistant professor of Accounting, Department of Administrative and Economics, Faculty of Humanities & Physical Education, Gonbad Kavous University, Gonbad, IRAN.
2 - Assistant professor of Accounting, Department of Administrative and Economics, Faculty of Humanities & Physical Education, Gonbad Kavous University, Gonbad, IRAN.
3 - Assistant professor of Accounting, Department of Administrative and Economics, Faculty of Humanities & Physical Education, Gonbad Kavous University, Gonbad, IRAN.
4 - Assistant professor of Accounting, Department of Administrative and Economics, Faculty of Humanities & Physical Education, Gonbad Kavous University, Gonbad, IRAN.

Received: 2024-02-25 Accepted : 2024-04-15 Published : 2025-01-13

Keywords: Employee Quality, Investment Decisions Efficiency, Panel Data Technique.,

Abstract :

Employees always play an important role in the activities and investment decisions of the company. Therefore, the aim of the current study is to investigate the impact of the quality of employees on the firm's investment efficiency. The Biddle et al. (2009) model is used to measure investment efficiency and we use the level of employee education to proxy employee quality. The research hypothesis is investigated using a sample consisting of 92 firms listed in Tehran Stocks and Exchange during the years 2019 to 2023 and multivariable regression model based on the panel data technique. The research findings indicate that the higher the quality of the employee, the more the managers' investment decisions efficiency.Employees always play an important role in the activities and investment decisions of the company. Therefore, the aim of the current study is to investigate the impact of the quality of employees on the firm's investment efficiency. The Biddle et al. (2009) model is used to measure investment efficiency and we use the level of employee education to proxy employee quality. The research hypothesis is investigated using a sample consisting of 92 firms listed in Tehran Stocks and Exchange during the years 2019 to 2023 and multivariable regression model based on the panel data technique. The research findings indicate that the higher the quality of the employee, the more the managers' investment decisions efficiency.The research hypothesis is investigated using a sample consisting of 92 firms listed in Tehran Stocks and Exchange during

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