Mohsen Imeni; Ali Sorourkhah
Volume 4, Issue 3 , October 2023, , Pages 208-218
Abstract
Purpose: Creative and innovative human resources have a tremendous impact on the survival and improvement of the organization. Management has to pave the way for creativity and innovation. The current research seeks to explain one of the main reasons for the problem of creativity and innovation in Iran's ...
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Purpose: Creative and innovative human resources have a tremendous impact on the survival and improvement of the organization. Management has to pave the way for creativity and innovation. The current research seeks to explain one of the main reasons for the problem of creativity and innovation in Iran's big-size state-owned enterprises with the help of a metaphor (here, Procrustes' bed metaphor).Methodology: This research has been done descriptively. A questionnaire containing six questions with a Likert scale was designed to investigate the current situation using the help of human resources experts and the Delphi method. Questionnaires were distributed among experts and experts in charge of five big-size state-owned companies, and finally, 124 questionnaires were analyzed descriptively.Findings: The research findings show that the Procrustes bed has become a company desk in Iran's state-owned enterprises. The freedom of action to present creative and innovative ideas, the possibility of implementing innovative ideas, welcoming new ideas, supportive management, offering rewards to new ideas, and overall satisfaction with the current state are unfavourable.Originality/Value: Following the social sciences and especially structuring and problem-solving approaches, we believe that knowing the problem is the first and most crucial step in solving a problem. Based on this, we introduced Procrustes' bed metaphor in this research to understand the existing situation.
Azadeh Shemshad; Mohsen Imeni
Volume 2, Issue 4 , December 2022, , Pages 434-446
Abstract
Purpose: The present study was conducted to gather evidence to investigate the relationship between cash holdings, firm value, and financial performance of companies' constraints in financing the Iranian capital market.Methodology: This study was investigated for 91 companies (number of observations ...
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Purpose: The present study was conducted to gather evidence to investigate the relationship between cash holdings, firm value, and financial performance of companies' constraints in financing the Iranian capital market.Methodology: This study was investigated for 91 companies (number of observations 728) in 8 years between 2012 and 2019. Also, panel data regression was used to test the relationships between variables.Findings: The results indicate a nonlinear relationship between cash holdings and performance, and this relationship is inverted U-shaped. Also, this relationship has existed with the performance variable (ROE) as an alternative variable. This study shows a negative relationship between the non-optimal level of cash holdings and financial performance. The results indicate that companies with financial constraints hold cash holdings, which will reduce financial performance.Originality/Value: Evidence of a nonlinear relationship between firm performance and cash holdings under company-specific conditions gives managers and investors the insight to examine the performance of companies, future value, and how they make decisions in certain circumstances, such as financial constraints for companies
