Vahid Amin; S.Hasan Salehnezhad; Yasser Rezaei Pitenoei; Mahdis Lotfi
Abstract
Subject and Purpose of the Article: Subject and Objective: The present study seeks the role of intellectual capital, financial literacy and business experience in attracting resources and sustainable competitive performance in banks and financial and credit institutions under the supervision of the Central ...
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Subject and Purpose of the Article: Subject and Objective: The present study seeks the role of intellectual capital, financial literacy and business experience in attracting resources and sustainable competitive performance in banks and financial and credit institutions under the supervision of the Central Bank of Iran.Research Method: This research is applied in terms of purpose and is descriptive-survey in terms of type. The information related to the research questionnaire was completed by 281 managers of banks and financial and credit institutions of Mazandaran province in 2020. In this research, the structural equation model has been used to test the hypotheses.Research Findings: The results of hypothesis testing show that intellectual capital has a positive and significant effect on sustainable competitive performance. The findings also indicate that intellectual capital has a positive effect on resource acquisition. On the other hand, resource acquisition has a positive and significant effect on sustainable competitive advantage, it plays a mediating role in the relationship between intellectual capital and sustainable competitive advantage. There was no significant relationship between business experience and financial literacy with resource acquisition, but financial literacy and business experience positively moderate the relationship between intellectual capital and resource acquisition.Conclusion, Originality and its Contribution to the Knowledge: This study shows that intellectual capital is a vital factor for sustainable competitive advantage and the performance of banks in emerging markets. The innovation of this research uses the intangible performance of managers to measure intellectual capital.
Vahid Amin; Khosro Faghani Makrani; ali zabihi
Volume 4, Issue 2 , September 2018, , Pages 75-92
Abstract
The purpose of this study is to investigate the relationship between the government firms (concentration of government ownership) and the dimensions of corporate sustainability performance. In this study, the effect of corporate sustainability performance on the market value, as well as the effect of ...
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The purpose of this study is to investigate the relationship between the government firms (concentration of government ownership) and the dimensions of corporate sustainability performance. In this study, the effect of corporate sustainability performance on the market value, as well as the effect of moderating the concentration of government ownership on this relationship is examined. In this research, 93 companies listed in Tehran Stock Exchange during the years 2010 to 2016 (651 firm-years) were investigated. To measure corporate sustainability, the KLD Index has been used in five dimensions: social, environmental, governance, ethics, and economics. The findings of the research showed that the government firms (concentration of government ownership) has a significant positive relationship with the environmental, governance, ethical, economic, and overall corporate governance performance. There was no significant relationship between the concentration of government ownership and the social dimension of sustainability. In addition, the results showed that corporate sustainability performance has a significant positive effect on the market value of firms. But the government firms (concentration of government ownership) did not have significantly affect the relationship between corporate sustainability performance and market value.
