Abstract
Economic enterprises are effectively participating in economic sphere. Two indicators of liquidity power and profitability financially determine this effectiveness. The so-called profitability is the sign of the firm's health and the power of liquidity is the More
Abstract
Economic enterprises are effectively participating in economic sphere. Two indicators of liquidity power and profitability financially determine this effectiveness. The so-called profitability is the sign of the firm's health and the power of liquidity is the survival sign of the economic enterprise. In other words, if a company is not profitable, then it's sick, but if there is no liquidity, its survival is in danger. While, both of these factors are important, but liquidity has a higher level of importance. The aim of this research is to investigate the relationship between financial leverage and working capital management and its impact on profitability and performance indicator of listed companies in Iran’s capital market. The statistical sample has been selected by using the available systematic elimination method that has been studied from 2010 to 2014. Research hypotheses were examined by using the linear regression, and regression results among the study sample showed that there is a positive and significant relationship between the combination of working capital and the economic value added of the companies listed in Tehran Stock Exchange, and this relationship will be reversed by the mediator impact of financial leverage; but this relationship was not observed among companies operating in Iran’s OTC market. The results also showed that the working capital combination does not have a significant impact on the variables of financial leverage and the ratio of return on equity in companies active in Tehran stock exchange organization and Iran's OTC market.
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This research was aimed at Presentation a Model for Explaining the Role of Social Capital in the Success of International Entrepreneurship. The statistical population in the qualitative section consisted of Academic and organizational experts including the managers of t More
This research was aimed at Presentation a Model for Explaining the Role of Social Capital in the Success of International Entrepreneurship. The statistical population in the qualitative section consisted of Academic and organizational experts including the managers of the Tehran Chamber of Commerce and in the quantitative section include all the members of the Tehran Chamber of Commerce.The sample size in the qualitative section with theoretical saturation (20 people) was estimated using purposeful sampling and in the quantitative section based on Cochran's formula, 335 people were estimated by stratified random sampling method. The data collection tool was interviewed in the qualitative section and in the quantitative section the questionnaire was. Validity of the questionnaire from a formal and content perspective through several experts, convergence validity was calculated by calculating the mean of variance extracted and cross-check validity was verified by calculating AVE optimization. Reliability questionnaire through Cronbach's alpha for the whole questionnaire was 0.86 Lisrel software and smartpls were used to analyze the data. The results obtained to identify 18 components and 84 indicators led to 7 influential components including Social prosperity, social cohesion, social cohesion, social acceptance, social participation, trust in organization and interactions and the 3 effective dimensions of Export performance, international competitiveness and economic growth affect on Role of Social Capital in the Success of International Entrepreneurship.
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Abstract
The effect of financial development on the economy is so important that today it is believed that economic development cannot be achieved without an efficient and developed financial sector. In this research, to investigate the nonlinear intersectional effects More
Abstract
The effect of financial development on the economy is so important that today it is believed that economic development cannot be achieved without an efficient and developed financial sector. In this research, to investigate the nonlinear intersectional effects of entrepreneurship and institutional factors on financial development (banking credit and value of trading shares) in 14 countries with high HDI during the time period of 2007-2020 using the panel data econometric technique It is addressed by nonlinear Nonlinear Auto Regressive Distributed Lag (NARDL) approach. The results of the estimations indicate that in the studied countries, the positive (negative) shocks of the intersectional effects of entrepreneurship and institutional factors have a positive (negative) effect on banking credit and value of trading shares. According to the results, first by improving and then by expanding the institutional and entrepreneurship indicators, it is possible to play a significant role in increasing the financial development indicators.
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