پیوندهای مفید
اخبار و اعلانات
آمار
| تعداد نشریات | 25 |
| تعداد شمارهها | 909 |
| تعداد مقالات | 7,478 |
| تعداد مشاهده مقاله | 12,086,714 |
| تعداد دریافت فایل اصل مقاله | 8,554,054 |
بررسی رابطه بین سرمایهگذاری مخاطرهآمیز و سرمایه انسانی در شرکتهای پذیرفتهشده در بورس اوراق بهادار تهران | ||
| حسابداری و منافع اجتماعی | ||
| مقاله 8، دوره 10، شماره 1 - شماره پیاپی 36، فروردین 1399، صفحه 159-183 اصل مقاله (2.24 M) | ||
| نوع مقاله: مقاله پژوهشی | ||
| شناسه دیجیتال (DOI): 10.22051/ijar.2019.23329.1459 | ||
| نویسندگان | ||
| حمید بداغی* 1؛ حمیدرضا رضایی2؛ فهیمه زمانی ثانی3 | ||
| 1دانشجو دکتری حسابداری، موسسه آموزش عالی بینالود،مشهد، ایران | ||
| 2دانشجوی دکتری حسابداری، آموزش عالی بینالود، مشهد، ایران | ||
| 3کارشناسی ارشد حسابداری آموزش عالی بینالود، مشهد، ایران | ||
| چکیده | ||
| پژوهش حاضر با هدف بررسی رابطه بین سرمایهگذاری مخاطرهآمیز و سرمایه انسانی صورت گرفته است. برای انجام این پژوهش، نمونهای متشکل از 115 شرکت در بازه زمانی 1390 تا 1395 مورد بررسی قرار گرفت. در این پژوهش، نوسانات بازده سهام روزانه غیراهرمی بهعنوان معیار سنجش سرمایهگذاری مخاطرهآمیز (متغیر مستقل) و پاداش هیئتمدیره و میانگین حقوق و مزایای کارکنان بهعنوان معیارهای اندازهگیری سرمایه انسانی (متغیر وابسته) معرفی شدند. نتایج حاصل از آزمون فرضیه اول، نشان میدهد وجود رابطه معنیدار و معکوس بین سرمایهگذاری مخاطرهآمیز با پاداش هیئت مدیره احتمالاً ناشی از عدم وجود بازار کارا و قوی و شیوه تصویب و پرداخت پاداش هیئتمدیره در ایران است. همچنین، نتایج حاصل از آزمون فرضیه دوم، بیانگر عدم وجود رابطه معنیداری بین سرمایهگذاری مخاطرهآمیز با حقوق پرسنل است. علاوه بر این، شواهد نشان میدهد که پرداخت حقوق به کارکنان بیشتر از میانگین حقوق شرکتهای نمونه نیز، تأثیری بر رابطه بین سرمایهگذاری مخاطرهآمیز و حقوق پرسنل ندارد؛ این موضوع میتواند احتمالاً بیانگر عدم توجه کافی شرکتها به اهمیت سرمایه انسانی، بهعنوان یک منبع با ارزش در واحد تجاری تلقی گردد. | ||
| کلیدواژهها | ||
| سرمایهگذاری؛ سرمایهگذاری مخاطرهآمیز؛ سرمایه انسانی؛ هزینههای سرمایه انسانی | ||
| عنوان مقاله [English] | ||
| Relationship Between Risky Investment and Human Capital in Companies Listed in Tehran Stock Exchange | ||
| نویسندگان [English] | ||
| hamid bodaghi1؛ Hamidreza Rezaei2؛ Fahimeh Zamani sani3 | ||
| 1Ph.D. Student of Accounting, Instructor at Binaloud Institute of Higher Education, Mashhad, Iran | ||
| 2Ph.D. Student of Accounting, Instructor at Binaloud Institute of Higher Education, Mashhad, Iran | ||
| 3Msc. of Accounting ,Binaloud Institute of Higher Education. Mashhad, Iran. | ||
| چکیده [English] | ||
| The present study aimed to examine the relationship between Risky Investment and Human Capital. For this purpose, a sample consisting of 115 company in the period 2011 to 2016 were studied. In the research process unlevered daily stock return volatility is introduced as criteria for measure risky investment (independent variable) and; to evaluate human capital as dependent variable, two criteria included the board compensation and the costs of salary were used. The results of the hypothesis test showed that there is a significant, inverse relationship between risky investment and the compensation of the board, probably due of the lack of effective and complete market and the way of approval and payment of board compensation in Iran. There is not a significant relationship between risk investment and employee payroll. In addition, evidence suggest that payment of salary to the employees which was greater than the average of the salaries of the sample companies, did not have a significant effect on the relationship between risky investment and personnel salary. This could possibly indicate that companies are not paying enough attention to the importance of human capital as a valuable resource. | ||
| کلیدواژهها [English] | ||
| Human Capital, Human Capital Costs, Investment, Risky Investment | ||
| مراجع | ||
|
Amirmoezzi, H. , & Bizar, K. (2015). Investigating the relationship between managers and earnings management with the performance of companies accepted in Tehran stock exchange. The second National Conference on Applied Researches in Accounting and Management, Tehran, Iran. (In Persian). Azizian, E. (2016). The effect of financial leverage and the unemployment rate on Human capital companies listed in Tehran stock exchange. A dissertation in partial fulfillment of the requirements for the degree of Master of science in accounting. Binaloud Institute of Higher Education, Mashhsd, Iran. (In Persian). Berk, J. B. , Stanton, R. , & Zechner, J. (2010). Human capital, bankruptcy, and capital structure. The Journal of Finance, 65 (3) , 891-926. Brooks, C. (2014). Introductory econometrics for finance. Cambridge university press. Chemmanur, T. J. , Cheng, Y. , & Zhang, T. (2013). Human capital, capital structure, and employee pay: An empirical analysis. Journal of Financial Economics, 110 (2) , 478-502. Cheng, B. S. , & Hsu, R. C. (1997). Human capital and economic growth in Japan: an application of time series analysis. Applied Economics Letters, 4 (6) , 393-395. Clinch, G. (1991). Employee compensation and firms' research and development activity. Journal of Accounting Research, 29 (1) , 59-78. Coles, J. L. , Daniel, N. D. , & Naveen, L. (2006). Managerial incentives and risk-taking. Journal of financial Economics, 79 (2) , 431-468. Dambolena, I. G. , & Khoury, S. J. (1980). Ratio stability and corporate failure. The Journal of Finance, 35 (4) , 1017-1026. Dastgir, M. , Saedi, R. , Bataghva, H. , & Zivdar, Z. (2012). The Effects of operating cash flow and firm size on investment decisions in capital assets of listed firms on Tehran stock exchange. Journal of Empirical Research In Accounting, 3 (1) , 1-16. (In Persian). Geraeenejad, Gh. , Khosravinejad, A. , &. Bahraminia, E. (2008). The impact of foreign direct investment (FDI) on human capital in selected countries. Jornal FED, 2 (3) , 55-69. (In Persian). Ghorbani, M. , Bagheri, M. , & Tarighi, S. (2015). The Impact of venture capital investments on strategic innovation in knowledge-based organizations, 6 (10) , 85-94. (In Persian). Gohari, L. , Salimifar, M. , & Aboutorabi. M A. (2016). The effect of financial development on human capital in Iran. Jornal of The Economic Research (Scientific Research Quarterly) , 3 (9) , 181-207. (In Persian). Gray, S. R. , & Cannella Jr, A. A. (1997). The role of risk in executive compensation. Journal of Management, 23 (4) , 517-540. Grundy, B. D. , & Li, H. (2010). Investor sentiment, executive compensation, and corporate investment. Journal of Banking & Finance, 34 (10) , 2439-2449. Guay, W. R. (1999). The sensitivity of CEO wealth to equity risk: an analysis of the magnitude and determinants. Journal of Financial Economics, 53 (1) , 43-71. Ji, S. , & Li, X. (2018). Human Capital and Investment Policy. Available at SSRN 3015044. Khoshtinat, M. , & Khani, A. (2003). Income management and management bonus: study for financial information disclosure. Empirical Studies in Financial Accounting Quarterly, 1 (3) , 127-153. (In Persian). Maksimovic, V. , & Titman, S. (1991). Financial policy and reputation for product quality. The Review of Financial Studies, 4 (1) , 175-200. Mashayekh, S. , Arbabi, Z. , & Rahimi Far, M. (2013). Study of earnings management incentives. Journal of Accounting Research, 3 (2) , 53-70. (In Persian). MoghaddasNooghabi, M. , & Sigari , A. , (2016). The Role of Financial Reporting Quality in Mitigating the Constraining Effect of Dividend Policy on Investment. Jornal of ASSET Management & Financing, 2 (8) , 95-110. (In Persian). Mostafaee, P. (2013). A Review of the models used to measure intellectual capital (IC). Journal of Accounting Research, 3 (3) , 165-183. (In Persian). Naderi, A. , HeidariKebriti, T. , & Amiri, A. (2016). Relationship between human capital and organizational performance: The case of Asia insurance company. Quarterly of Research on Educational Leading & management, 5 (1) , 1-30. (In Persian). Naqi, S. A. , & Hettihewa, S. (2007). Venture capital or private equity? The Asian experience. Business Horizons, 50 (4) , 335-344. Tit, K. (2006). Emerging markets clean up their act. Journal of Euro money, 37 (442) , 158-160. Walker, D. C. (2002). Exploring the human capital contribution to productivity, profitability, and the market evaluation of the firm. | ||
|
آمار تعداد مشاهده مقاله: 521 تعداد دریافت فایل اصل مقاله: 340 |
||