Original Article
Performance Evaluation
Javid Ghahremani-Nahr; Hamed Nozari; Mohammad Ebrahim Sadeghi
Abstract
Purpose: In addition to playing an important role in creating economic security and investment development, insurance companies also invest. The country's insurance industry as one of the country's financial institutions has a special place in the investment process and special attention to appropriate ...
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Purpose: In addition to playing an important role in creating economic security and investment development, insurance companies also invest. The country's insurance industry as one of the country's financial institutions has a special place in the investment process and special attention to appropriate investment policies in the field of insurance industry is essential. So that the efficiency of this industry in allocating the existing budget stimulates other economic sectors. This study seeks to model investment in the performance of dynamic networks of insurance companies.Methodology: In this paper, a new investment model is designed to examine the dynamic network performance of insurance companies in Iran. The designed model is implemented using GAMS software and the outputs of the model are analyzed based on regression method. The required information has been collected based on the statistics of insurance companies in Iran between 2012 and 2019.Findings: After evaluating these units, out of 15 companies evaluated, 6 companies had unit performance and were introduced as efficient companies. The average efficiency of insurance companies is 0.78 and the standard deviation is 0.2. The results show that the increase in the value of investments is due to the large reduction in costs and in terms of capital and net profit of companies is a large number that has a clear and strong potential for insurance companies.Originality/Value: In this paper, investment modeling is performed to examine the performance of dynamic networks of insurance companies in Iran.
Original Article
Performance Evaluation
Vahid Mahdavikho; Mohsen Imeni; Seyed Ahmad Edalatpanah
Abstract
Purpose: Economic conditions in times of boom or recession have different effects on working capital and the performance of companies. The purpose of this research is to investigate the relationship between the cash conversion cycle and the current and future performance of companies listed on the Tehran ...
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Purpose: Economic conditions in times of boom or recession have different effects on working capital and the performance of companies. The purpose of this research is to investigate the relationship between the cash conversion cycle and the current and future performance of companies listed on the Tehran Stock Exchange.Methodology: The statistical sample of the present paper, which consists of 113 firms, has a 9-year period from 2012-2020. In this research, to test the hypotheses, multiple regression analysis using the panel data method was used to analyze the data. In addition, the Return On Equity (ROE) profitability measure was used as a performance index of firms. In the present paper, performance was studied in four periods of the current year (t), next year (t+1), (t+2) and (t+3).Findings: The results show that the length of the cash conversion cycle has a negative and significant relationship with current profitability (t); While the relationship between this variable and future profitability (t+1) has been positive. In addition, the results showed that there is no significant relationship between the research variables in the years (t+2) and (t+3). Also, the negative relationship between the length of the cash conversion cycle and current (t) and future (t+1) profitability is dependent on the size of the company; While no relationship was found with future profitability (t+2) and (t+3).Originality/Value: Based on the results of this research, it can be said that attention to the issue of cash conversion cycle can have a significant effect on the current and future performance of companies, and companies with an optimal level of working capital can formulate their appropriate operational strategies.
Original Article
Crisis Management
Elham Fazeli Veisari; Seyed Mahmood Norashrafodin; Mehran Fazeli Veisari
Abstract
Purpose: The present study thematically examines the factors affecting strategic preparedness for crisis management as well as its impact on productivity and the role of organizational agility and mental health of employees.Methodology: In terms of practical purpose and in terms of how to collect descriptive ...
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Purpose: The present study thematically examines the factors affecting strategic preparedness for crisis management as well as its impact on productivity and the role of organizational agility and mental health of employees.Methodology: In terms of practical purpose and in terms of how to collect descriptive information is correlational. In this regard, four components under the heading of research variables of strategic readiness, organizational agility, mental health of employees and productivity were examined in the form of six hypotheses. This study tested the claim that increasing organizational agility and mental health of employee's increases It deals with strategic preparedness in crises and also examines the relationship between employee mental health and organizational agility with productivity.Findings: The findings first confirm the validity of the hypotheses and show that there is a significant relationship between organizational agility and strategic readiness for crisis management, also mental health and strategic readiness for crisis management and finally between mental health. The employees and the agility of the organization showed a significant relationship.Originality/Value: In this study, by identifying the challenges in the Azad universities of Mazandaran province, the effect of employees' mental health on organizational agility and the impact of both of them on the strategic readiness of organizations in the face of crises is examined and analyzed.
Original Article
Re-engineering
Habibeh Nazif
Abstract
Purpose: This paper aimed to more studies regarding the subject of Business Process Re-engineering) BPR) works in the logistics industry. BPR is the central reconsideration and thorough restructuring of business procedures to enhance the critical and contemporary aspects of performance like the expense, ...
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Purpose: This paper aimed to more studies regarding the subject of Business Process Re-engineering) BPR) works in the logistics industry. BPR is the central reconsideration and thorough restructuring of business procedures to enhance the critical and contemporary aspects of performance like the expense, quality, service, and speed. Also, it is a key factor for guaranteeing businesses' achievement. Hence, this study investigates the Systematic Literature Review of BPR for logistics companies, leading the managers and writers active in BPR, and making them aware of the present, past, and future trends in this discipline.Methodology: The proposed BPR in logistics research classification framework is based on a comprehensive literature review, which concentrates on peer-reviewed journal papers published until 2020. A total of 22 academic sources have been retrieved and analyzed in terms of research purpose and nature, the employed method, theoretical approach, and analysis level.Findings: The findings of this paper showed that BPR companies outperform the non-BPR ones regarding information computing, technology uses, organizational architecture, coordination, and all key logistics procedures. The results can motivate non-BPR logistics organizations to reassess the feasibility of these plans.Originality/Value: This paper fulfills an identified need for a comprehensive classification framework of BPR in logistics studies. It essentially provides both academics and practitioners with a conceptual map of existing BPR in logistics research and points out future research opportunities.
Original Article
optimization
Dariush Rahnama; Seyed Mojtaba Movahedifar
Abstract
Purpose: Time, cost and quality management are essential elements of a project. In this research, an attempt is made to evaluate and prioritize the factors affecting the cost, time and quality of urban development projects in Neishabour by accurately identifying and explaining the issue.Methodology: ...
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Purpose: Time, cost and quality management are essential elements of a project. In this research, an attempt is made to evaluate and prioritize the factors affecting the cost, time and quality of urban development projects in Neishabour by accurately identifying and explaining the issue.Methodology: This research is descriptive-analytical and applied in terms of type of purpose. In this research, first, using fuzzy Delphi method, the indicators and components of the research were validated; then DEMATEL technique and Analytical Network Process (ANP) method were used. The statistical population of the study is all specialists, experts and decision makers of urban development projects and experts in the field of control and optimization of cost, time and quality, which is limited in number due to history, skills, expertise, etc. and 25 And sampling was done by census.Findings: This study shows that five main factors are effective in optimizing the cost, time and quality of urban development projects, which include: design factors and preparation of tender documents, employer factors, contractor factors, project factors, And eventually external factors.Originality/Value: According to the results, contractors and decision makers are recommended to increase the efficiency of the project by financing and timely payment, because lack of timely financing causes problems such as closure and delay, increasing costs and reducing project quality.
Original Article
Profit Target
Seyed Reza Seyed Nezhad Fahim; Zohreh Jahanpanah
Abstract
Purpose: The purpose of this study is to investigate the relationship between the level of achievement of profitability goals and profit quality in companies listed on the Tehran Stock Exchange.Methodology: How are the objectives achieved? Include the main method(s) used for the research. What is the ...
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Purpose: The purpose of this study is to investigate the relationship between the level of achievement of profitability goals and profit quality in companies listed on the Tehran Stock Exchange.Methodology: How are the objectives achieved? Include the main method(s) used for the research. What is the approach to the topic and what is the theoretical or subject scope of the paper?Methodology: The research hypotheses are based on data collected from 159 companies listed on the Tehran Stock Exchange during the years 1393 to 1398. To analyze the data and test the hypotheses, a multivariate linear regression model using the combined data method was used.Findings: The results of this study indicate that at 95% confidence level there is no significant relationship between the achievement of profitability goals and accrued earnings management. On the other hand, the rate of achievement of profitability goals has a significant negative impact on real profit management. The results also show that companies that achieve their profitability goals are more inclined to smooth their profits.Originality/Value: This study contributes to the literature by providing new empirical evidence on the effects of projected profits. The findings of this study can help investors to make better investment decisions. Our findings also have important implications for policymakers and regulators.
