Providing a configuration model based on organizational culture (market and club) for companies operating in the Tehran Stock Exchange

Document Type : Original Article

Authors

1 PhD Student in Accounting, Shahroud Branch, Islamic Azad University, Shahroud, Iran

2 Associate Professor, Department of Accounting, Ferdowsi University of Mashhad, Mashhad, Iran

3 Assistant Professor of Accounting, Shahroud Branch, Islamic Azad University, Shahroud, Iran

Abstract

Organizational culture seems to be a part of separation from a company. Organizational culture can be configured based on its dimensions. Organizational culture configuration helps to increase the activity of the companies under study and ultimately have higher benefits. Accordingly, this study seeks to provide a configuration model based on organizational culture (market and club) for companies operating in the Tehran Stock Exchange. The method of this research is PLS structural equations. The statistical population of the present study includes stock market employees. The research sampling method is systematic random sampling method. The sample size of this research is 220 experts in the Tehran Stock Exchange. The present research was applied research in terms of purpose and descriptive-analytical method in terms of method with correlation and estimation approach in structural equations of partial least squares (PLS). The findings of the study showed that the factor load values of all items are greater than 0.4 and therefore the measurement model is a homogeneous model and the factor load values are acceptable values. The results of significant analysis of t-statistic values for all items were more than 2.58. This means that the relationship between the items and their corresponding latent variable is accepted at the 99% confidence level.

Keywords