[Home ] [Archive]   [ فارسی ]  
:: Main :: About :: Current Issue :: Archive :: Search :: Submit :: Contact ::
Main Menu
Home::
Journal Information::
Editorial Board ::
Articles archive::
Publication Ethics::
For Authors::
Peer Review Process::
Registration::
Site Facilities::
Contact us::
::
Search in website

Advanced Search
..
Receive site information
Enter your Email in the following box to receive the site news and information.
..
:: Volume 4, Issue 7 (9-2019) ::
aapc 2019, 4(7): 381-401 Back to browse issues page
Managers' Social Capital and Financial Performance of Banks
Seyed Moosa Mohammadi1 , Reza Gholami Jamkarani 2, Mirfeiz Fallah shams Dr3 , Abbas Aflatooni Dr4
1- Ph.D. Student, Department of Accounting, Qom Branch, Islamic Azad University, Qom, Iran (mohamadi_moosa@yahoo.com)
2- Department of Accounting, Qom Branch, Islamic Azad University, Qom, Iran Iran .(Corresponding Author) , fiaccqomiau@gmail.com
3- Department of Finance, Central Tehran branch, Islamic Azad University, Tehran, Iran (Fallahshams@gmail.com)
4- Department of Accounting, Buali Sina University, Hamedan, Iran (a.aflatooni@basu.ac.ir.)
Abstract:   (3818 Views)
Given the present era, the major share of resources attraction and allocation in the banks occurs in connection with society. As such, managers need social capital as well as physical and human capital in order to attain organizational goals, provide the ground for competition and pave the way for the development of their respective organization. Managerial social capital is an asset in a social network that can be accessed and mobilized through network membership. As such, the main objective of this research is to examine the impact of the manager's social capital on financial performance of banks. The research hypotheses are tested using the statistical method of regression analysis with synthetic data on 30 banks of the I. R. Iran. Included on stock exchanges and other, in 2009-2018 Conclusively, 265 data-years are extracted to test the hypotheses. The findings of the research show that social capital has a positive and significant impact on financial performance criteria, including the average return on assets, the ratio of other operating income to total bank assets and net operational profit.
Keywords: Managers' Social Capital, Financial Performance, Return on Assets.
Full-Text [PDF 275 kb]   (1095 Downloads)    
Type of Study: Research | Subject: Special
Received: 2019/03/3 | Accepted: 2019/06/3 | Published: 2019/09/15
References
1. Acquaah, M. (2007). Managerial social capital, strategic orientation, and organizationalperformance in an emerging economy. Strategic Management Journal, 28, 1235-1255.
2. Cai, J., Ralph W. and Ke Yang. (2013). The Price of Street Friends: Social Networks, Informed Trading, and Shareholder Costs 3: 801-837.
3. Chen, M. (2018). Top managers' managerial ties, supply chain integration, and firm performance in China: A social capital perspective, Industrial MarketingManagement.https://doi.org/10.1016/ j.indmarman.2018.04.013.
4. Cohen, L., Frazzini, A. and Malloy C. (2010). Sell-Side School Ties, Journal of Finance, 66: 1409-1437.
5. Engelberg, J. Gao, P. and Parsons, C. (2012). Friends with Money, Journal of FinancialEconomics, 103(1): 169-188.
6. Fernandez, V., Verdu, A. J. and Benitez, J. (2013). Managerial Social Networks and Strategic Flexibility: The Role of Strategic Orientation, Personnel Review, 42(2): 134-153.
7. Ferris S., Javakhadze D, and Rajkovic, T. (2017). The International Effect of Managerial Social Capital on the Cost of Equity, Journal of Banking and Finance, 74(4):69-84.
8. Hannes K, and Matthias P. (2017). Financial penalties and bank performance, Journal of Banking and Financ, 57-73.
9. Jha, A. 2013. Financial Reports and Social Capital. Texas A&M International University, Available atSSRN: http://ssrn.com/abstract=1893011.
10. Jha, A. and Cox, J. (2015). Corporate Social Responsibility and Social Capital, Journal of Banking& Finance, doi: http://dx.doi.org/10.1016/ j.jbankfin.2015.08.003.
11. Jha, A., & Chen, Y. (2015). Audit fees and social capital. The Accounting Review, 90(2), 611-639.
12. Konak S. (2018). Managerial Social Networks Affect on Firm Performance: A Research in Five Star Hotels, International Journal of Business and Applied Social Science, 4: 40-47.
13. Kutubi S., Kamran Ahmed, and Hayat Khan. (2017). Bank performance and risk-taking -Does directors' busyness matter? Pacific-Basin Finance Journal, http://dx.doi.org/ 10.1016/j.pacfin.2017.02.002.
14. Lin, N. (1999). Building A Network Theory Of Social Capital, Connections, 22(1):28-51.
15. Mohamed S., and Gregory A. J. (2017). The effects of ownership changeon bank performance and risk exposure: Evidence from Indonesia, Journal of Banking and Finance, 483-497.
16. Onyx, J., & Bullen, P. (2000). Measuring social capital in five communities. Journal of AppliedBehavioral Science, 36(1), 23-42.
17. Payne, G.T. Moore, C.B. Griffis, S.E. and Autry, C.W. (2011). Multilevel Challenges and Opportunities inSocial Capital Research. Journal of management 37: 491-520.
18. Putnam, R.D. (2001). Social Capital: Measurement and Consequences. Isuma:Canadian Journal of PolicyResearch 2: 41-51.
19. Rupasingha, A. and Goetz, S.J. (2008). US County-Level Social Capital Data, 1990-2005. The NortheastRegional Center for Rural Development, Penn State University, University Park, PA
Add your comments about this article
Your username or Email:

CAPTCHA



XML   Persian Abstract   Print


Download citation:
BibTeX | RIS | EndNote | Medlars | ProCite | Reference Manager | RefWorks
Send citation to:

Mohammadi S M, Gholami Jamkarani R, Fallah shams M, Aflatooni A. Managers' Social Capital and Financial Performance of Banks. aapc 2019; 4 (7) :381-401
URL: http://aapc.khu.ac.ir/article-1-611-en.html


Rights and permissions
Creative Commons License This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
Volume 4, Issue 7 (9-2019) Back to browse issues page
دوفصلنامه علمی حسابداری ارزشی و رفتاری journal of Value & Behavioral  Accounting
Persian site map - English site map - Created in 0.13 seconds with 37 queries by YEKTAWEB 4666