List of Articles Abdolrasoul Rahmanian Koushkaki

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  1 - The Role of Financing and Human Capital Policies on the Correlation between Corporate Social Responsibility and Innovation
  Abdolrasoul Rahmanian Koushkaki MohamadJavad Heydari
  Purpose: The main purpose of the present research is to study the intervening role of financing and human capital policies on the correlation between social responsibility and innovation of corporations accepted in Tehran Stock Exchange.Method: Five hypotheses were intr More

  Purpose: The main purpose of the present research is to study the intervening role of financing and human capital policies on the correlation between social responsibility and innovation of corporations accepted in Tehran Stock Exchange.Method: Five hypotheses were introduced in line with the research objectives. Multiple linear regression and mixed data were used to test the research hypotheses. The statistical sample consisted of 102 corporations accepted in Tehran Stock Exchange that were chosen by convenient sampling during the years 2013 to 2020.Finding: The results indicated that there is a significantly negative relation between corporate social responsibility and corporate innovation. Furthermore, social responsibility has a significantly negative effect on human capital. Thus, according to the results of multiple regression, the intervening role of human capital between corporate social responsibility and innovation is confirmed. Moreover, the results showed that social responsibility has no significant impact on financing policy. Therefore, the variable of financing policy does not intervene in the relation between corporate social responsibility and innovation. Companies should invest in innovative activities and social responsibility to gain legitimacy and respond to different expectancy of beneficiaries.Conclusion: Corporates that fulfill their social responsibility actively, have more access to credit and gain better debt conditions. Companies which have a tendency towards social responsibility activities, bring more innovation in their products and procedures due to different reasons. By performing social responsibility activities, they support motivation, participation, and commitment of human resources in order to increase corporate innovation.   Manuscript profile
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  2 - The Effect of Corporate Governance, Profitability, and Firm Size on Firm Value with the Intervention of Intellectual Capital
  Abdolrasoul Rahmanian Koushkaki Arash Badyab
  Purpose: The purpose of the present study is to present some evidence about the impact of corporate governance, profitability, and firm size on firm value and also determine the intervening role of intellectual capital in this relationship. Methods: To substantiate the More

  Purpose: The purpose of the present study is to present some evidence about the impact of corporate governance, profitability, and firm size on firm value and also determine the intervening role of intellectual capital in this relationship. Methods: To substantiate the research objectives, Tobin’s Q index was used to measure firm value. Also, some other indices such as the size and independence of board of directors as well as the presence of women among them were used as variables of corporate governance. Indices of return on asset, return on equity, and return on sales were used as profitability variables. Firm size variable was also included in the model by the natural logarithm of all assets, sales, and market value. Finally, the efficiency of intellectual, structural, and human capital was used as variables for intellectual capital. By structural equation modeling, the research hypotheses were tested through a sample consisting of 142 companies accepted in Tehran Stock Exchange from 2012 to 2020.Findings: The obtained results indicate that corporate governance had no significant impact on intellectual capital and firm value. Moreover, the effect of profitability on intellectual capital and firm value was confirmed. Firm size also had a significant impact on firm value but its effect on intellectual capital was not confirmed. Finally, the results showed that the intervention of intellectual capital is not acceptable in the impact of corporate governance, profitability, and firm size on firm value.Conclusion: Firm size is a reflection of corporate total assets. It is effective on investors’ expectation of corporate dividends and as a result of increase in demand, the corporations will be able to increase the price of their shares in the market. In corporations under study in this research, physical assets and capital have a basic role to determine firm value and therefore, intellectual capital has been neglected. Suitable corporate governance can facilitate attraction of intellectual capital and since it is a source of knowledge in terms of invisible assets, it can improve firm value, too. Yet, it has a relatively less significant importance compared to physical capital to determine firm size and value. Manuscript profile