{"title":"Women Empowerment Through Women Entrepreneurship: A Comparison Between Women Entrepreneurs and Fulltime Housewife in Pakistan","authors":"Shaista Noor, F. Isa, LeilaneMohd Nor","doi":"10.22059/IJMS.2020.302633.674074","DOIUrl":"https://doi.org/10.22059/IJMS.2020.302633.674074","url":null,"abstract":"Women's empowerment is related to women's decision-making power, easy access to information, and resource control. Women entrepreneurship is in the initial stage in Pakistan. The present study primarily focused on the challenge of women empowerment through entrepreneurship in Pakistan. A structured questionnaire was used to collect data through the survey method. The target population of the study was 120 women of the main cities of Pakistan. The target population was divided into two categories (housewife/ entrepreneur cum housewife). The results highlight that entrepreneurship played a significant role and increased the decision-making power of women entrepreneurs as compared to the housewife. However, women entrepreneurs are facing various obstacles such as less governmental support, complicated bank loan procedures, lack of entrepreneurial education, and market awareness. The governmental support in place of smooth and easily accessible bank loans for women requires enhancing their confidence and control over resources similar to the men. The result highlights that women entrepreneurs have strong decision-making power, fewer mobility issues, autonomy, financial independence, and empowerment. This study will help policymakers to formulate strategies to overcome the obstacles of women entrepreneurship to attain empowerment through entrepreneurship. A women empowerment model is proposed to be followed.","PeriodicalId":51913,"journal":{"name":"Iranian Journal of Management Studies","volume":"14 1","pages":"347-363"},"PeriodicalIF":1.4,"publicationDate":"2021-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42891625","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
S. F. G. Ganji, L. Johnson, Vahid Babazadeh Sorkhan, B. Banejad
{"title":"The Effect of Employee Empowerment, Organizational Support, and Ethical Climate on Turnover Intention: The Mediating Role of Job Satisfaction","authors":"S. F. G. Ganji, L. Johnson, Vahid Babazadeh Sorkhan, B. Banejad","doi":"10.22059/IJMS.2020.302333.674066","DOIUrl":"https://doi.org/10.22059/IJMS.2020.302333.674066","url":null,"abstract":"The effectiveness and efficiency of any organization is dependent on the empowerment of its human resources as well as the presence of an ethical climate and organizational support. Hence, this article aims to analyze the impact of employee empowerment, ethical climate, and perceived organizational support on employee turnover intention directly and indirectly with the mediating role of job satisfaction. The data related to a sample of 215 employees of one of the biggest universities in Mashhad, Iran, was obtained using a questionnaire, which was then analyzed by Warp PLS 4. Results show that job satisfaction has a negative effect on turnover intention. Moreover, the positive effect of employee empowerment, ethical climate, and perceived organizational support on job satisfaction and the negative effect of ethical climate and perceived organizational support on turnover intention are supported. Results also support the point that job satisfaction mediates the effect of ethical context and perceived organizational support on turnover intention. The current study contributes to the present organizational literature on the social exchange theory and human resource outcomes. Guidelines are provided to the managers on how to address job satisfaction and turnover intension.","PeriodicalId":51913,"journal":{"name":"Iranian Journal of Management Studies","volume":"14 1","pages":"311-329"},"PeriodicalIF":1.4,"publicationDate":"2021-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44950830","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Institutional Theory on Internal Audit Effectiveness The Case of India","authors":"P. Joshi, P. GolridaKaryawatiPKaryawati","doi":"10.22059/IJMS.2021.313778.674303","DOIUrl":"https://doi.org/10.22059/IJMS.2021.313778.674303","url":null,"abstract":"The need and importance of internal auditing in Indian listed companies is increasing because of strengthening of corporate governance practices by regulatory bodies and the Indian market environment is becoming more competitive. This study attempts to determine some of the critical factors that affect the effectiveness of internal auditing in Indian listed companies. A final sample of 252 Nifty companies was drawn. We mailed questionnaires to the Head of Internal Audit department, Chief of Accounts and Chief Executive Officers of the company. The overall, response rate was 29.4%. Companies represented manufacturing, information technology, retail, banking and financial services. Using multiple regression technique, the study findings reveal that the factors that affect the effectiveness of internal auditing are ‘competency of internal audit staff’ and ‘interaction of internal auditing with audit committee’. Institutional theory best explains the effectiveness of internal auditing in Indian context. The study encourages auditing professionals to develop their core competencies for delivering their services efficiently and a continuous interaction with audit committee members will help them to be focused both on the organizational performance by improving the IA effectiveness. The implication of these findings for the practice and theory and direction for future research are also provided.","PeriodicalId":51913,"journal":{"name":"Iranian Journal of Management Studies","volume":" ","pages":""},"PeriodicalIF":1.4,"publicationDate":"2021-02-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48946249","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Effect of Manager Forecast of Future Sales on Company Risk during Sales Decline Using the Fama-French Five-Factor Model","authors":"Z. Moghadam, Gholamreza Mansourfar, H. Didar","doi":"10.22059/IJMS.2021.296411.673936","DOIUrl":"https://doi.org/10.22059/IJMS.2021.296411.673936","url":null,"abstract":"A sales decline period disrupts the time series of earnings and, consequently, reduces their predictability. Such a situation can lead to inappropriate decisions by investors. Therefore, managers need to respond appropriately to negative news resulting from sales decline. Manager response is related to forecasting future sales situations, which could affect risk to the firm. In this study, the ratio of the operating profit margin was used to compare companies with optimistic and pessimistic managers. To investigate the research hypotheses, the Fama-French five-factor model has been used depicting a period of 11 years, from 2007 to 2017, for the companies that are accepted in the Tehran Stock Exchange. It should be noted that market beta of the Fama-French five-factor model is distinguished by upside potential and downside risk factors making it possible to study them individually. The findings imply that in companies with optimistic managers, the upside potential is more than the downside risk, but in companies with pessimistic managers, there is no significant difference between the two. In companies with optimistic managers, upside potential changes are incremental in the period after the decline in sales compared to the period before sales decline.","PeriodicalId":51913,"journal":{"name":"Iranian Journal of Management Studies","volume":"1 1","pages":""},"PeriodicalIF":1.4,"publicationDate":"2021-01-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41497490","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Markowitz-based cardinality constrained portfolio selection using Asexual Reproduction Optimization (ARO)","authors":"Taha Mansouri, M. S. Moghadam","doi":"10.22059/IJMS.2021.313393.674293","DOIUrl":"https://doi.org/10.22059/IJMS.2021.313393.674293","url":null,"abstract":"The Markowitz-based portfolio selection turns to an NP-hard problem when considering cardinality constraints. In this case, existing exact solutions like quadratic programming may not be efficient to solve the problem. This work presents ARO, a model free metaheuristic algorithm inspired by the asexual reproduction, in order to solve the portfolio optimization problem including cardinality constraint to ensure the investment in a given number of different assets and bounding constraint to limit the proportions of fund invested in each asset. We show that ARO results in better quality solutions in comparison with some of the well-known metaheuristics stated in the literature. To validate our proposed algorithm, we measured the deviation of obtained results from the standard efficient frontier. We report our computational results on a set of publicly available benchmark test problems relating to five main market indices containing 31, 85, 89, 98, and 225 assets. The experimental results indicate that ARO outperforms GA, TS, SA, and PSO in most of test problems. In terms of the obtained error, by using ARO, the average error of the aforementioned test problems is reduced by approximately 20 percent of the minimum average error calculated for the above-mentioned algorithms.","PeriodicalId":51913,"journal":{"name":"Iranian Journal of Management Studies","volume":" ","pages":""},"PeriodicalIF":1.4,"publicationDate":"2021-01-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44805227","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Analyzing the Impact of Export Orientations on Export Performance through Innovation and Internationalization: The Mediation-Moderation Model","authors":"A. Kazemi, A. Rousta, A. Naami","doi":"10.22059/IJMS.2021.308642.674185","DOIUrl":"https://doi.org/10.22059/IJMS.2021.308642.674185","url":null,"abstract":"The present research aims to explore the relation between export strategic orientation, including export market orientation and export learning orientation with export performance by investigating mediation role of innovation and moderation role of internationalization. The food and agricultural products exporting firms participating in the 26th International Agrofood Exhibition in Tehran are considered as the statistical population. Finally, 296 questionnaires using systematic random sampling methods were analyzed by structural equation modeling (SEM) using Smart PLS software. Results show that the rise in export market orientation and innovation are associated with an increase in export performance. Moreover, the research indicates that while export learning orientation decreases export performance directly, the export performance tends to increase if export learning orientation leads to a high level of innovation. Innovation partially mediates the relationship between both aspects of strategic orientations and export performance. Finally, the moderation effect of the degree of internationalization in a link between export market orientation and export performance is confirmed.","PeriodicalId":51913,"journal":{"name":"Iranian Journal of Management Studies","volume":" ","pages":""},"PeriodicalIF":1.4,"publicationDate":"2021-01-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48986569","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Solving a Two-Period Cooperative Advertising Problem Using Dynamic Programming","authors":"S. Alaei, N. Manavizadeh, M. Rabbani","doi":"10.22059/IJMS.2020.278729.673594","DOIUrl":"https://doi.org/10.22059/IJMS.2020.278729.673594","url":null,"abstract":"Cooperative advertising is a cost-sharing mechanism in which a part of retailers' advertising investments are financed by the manufacturers. In recent years, investment among advertising options has become a difficult marketing issue. In this paper, the cooperative advertising problem with advertising options is investigated in a two-period horizon in which the market share in the second period depends on the decisions made in the first period. The problem is solved for two cases of the absence and presence of cooperative advertising contract, and the results are compared. The solution to the problem is presented using the concepts of the Nash equilibrium, Stackelberg game, stochastic games, and dynamic programming. The computational results using numerical examples show that if the cooperative advertising contract is offered in the win-win condition, the players’ profit will increase significantly.","PeriodicalId":51913,"journal":{"name":"Iranian Journal of Management Studies","volume":"14 1","pages":"141-161"},"PeriodicalIF":1.4,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"68483109","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Mathematical Modeling for a Flexible Manufacturing Scheduling Problem in an Intelligent Transportation System","authors":"Ali Jahed, R. Moghaddam","doi":"10.22059/IJMS.2020.261618.673203","DOIUrl":"https://doi.org/10.22059/IJMS.2020.261618.673203","url":null,"abstract":"This paper presents a new mathematical model for a production system through a scheduling problem considering a material handling system as an intelligent transportation system by automated guided vehicles (AGVs). The traditional systems cannot respond to the changes and customer’s demands and for this reason, a flexible production system is used. Therefore, for this purpose, automated transportation systems are used for more flexibility in production. Thus, several AGVs are considered to perform various jobs among different machines and warehouses. In this production system, there are possibilities of failure and breakdown of AGVs and machines simultaneously. A modified rate is considered for determining the maintenance duration time as a percentage of the setup time when the maintenance time is dependent on the total setup time of machines and the total transfer jobs time of AGVs. Hence, we consider the probability of breakdown of AGVs and machines simultaneously and show the effect of these problems. The objective function is to minimize the maximum completion time (i.e., makespan or Cmax), the tardiness penalty, and the total transportation cost bearing in mind that the impact of new constraints with mathematical innovation on how failure and repair time are affected by the entire production scheduling. The proposed model belongs to mixed-integer linear programming (MILP). Finally, several small-sized problems are generated and solved by the CEPLEX solver of GAMS software to show the efficiency of the proposed model.","PeriodicalId":51913,"journal":{"name":"Iranian Journal of Management Studies","volume":"14 1","pages":"189-208"},"PeriodicalIF":1.4,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"68482862","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
B. Ostadi, Mohammad Reza Taghizadeh Yazdi, Abdolkarim Mohammadi Balani
{"title":"Process Capability Studies in an Automated Flexible Assembly Process: A Case Study in an Automotive Industry","authors":"B. Ostadi, Mohammad Reza Taghizadeh Yazdi, Abdolkarim Mohammadi Balani","doi":"10.22059/IJMS.2020.222198.672415","DOIUrl":"https://doi.org/10.22059/IJMS.2020.222198.672415","url":null,"abstract":"Statistical Process Control (SPC) methods can significantly increase organizational efficiency if appropriately used. The primary goal of process capability studies is to obtain critical information about processes to render them even more effective. This paper proposes a comprehensive framework for proper implementation of SPC studies, including the design of the sampling procedure and intervals as well as process capability indices. Some of the most essential process capability indices in the literature were reviewed to develop a methodology to utilize process capability indices within the SPC framework. The current study presents an efficiency-oriented criterion designed for measuring SPC implementation productivity. The framework is applied to the windshield installation process of an Iranian automobile assembly line. The process was sampled in various sessions. Results verify that the implemented SPC framework could successfully improve the process and that the proposed framework could significantly address bottleneck in the process and enhance the quality level of the process from satisfactory to excellent according to the reference values of process capability indices. Managerial insights are also drawn from results.","PeriodicalId":51913,"journal":{"name":"Iranian Journal of Management Studies","volume":"14 1","pages":"1-37"},"PeriodicalIF":1.4,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"68482781","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Product Positioning as a Moderator for Halal Cosmetic Purchase Intention","authors":"N. Khalid, C. Wel, Suraya Akmar Mokhtaruddin","doi":"10.22059/IJMS.2020.279978.673617","DOIUrl":"https://doi.org/10.22059/IJMS.2020.279978.673617","url":null,"abstract":"Consumers have been spoiled by the quality of Halal products available on the market. However, existing literature has lacked recognition for consumer Halal cosmetic products. Therefore, this study enhances the body of knowledge about consumer attitude and intention to purchase Halal cosmetic products. Specifically, this article will discuss the moderating effect positioning has on attitude with purchase intention and subjective norms and purchase intention. While this study focuses on cosmetic products, it will also help to clarify situations of less favourable attitudes for Halal cosmetics compared to Halal food products. The study analyses a total of 359 valid questionnaires using partial least squares structural equation modelling. The analyses reveal that attitude and subjective norms have positive relationships with purchase intention for cosmetic products. This study confirms a significant relationship for baseline variables of Theory of Reason Action with consumer purchase intention. Product positioning is significantly prominent as a moderator in assessing the influence of attitude on consumer purchase intention. Halal cosmetic products have been well positioned in the market. In general, the findings provide a consumer perspective for Halal cosmetic product positioning that influences the purchase intention and moderates its relationship with attitude. Research limitations/implications – The study only focus on the consumers of Halal cosmetics by empirically validating the role of attitude and positioning on the prediction of purchase intention. Additionally, it proves the moderating role of positioning in the relationship between attitude and purchase intention. Thus, the perspective of consumers from other industries might provide different results. Practical implications – The study proves the importance of Halal positioning in influencing consumers attitudes towards Halal cosmetic products. Thus, marketing practitioners should leverage on a Halal positioning strategy to achieve competitive advantage.","PeriodicalId":51913,"journal":{"name":"Iranian Journal of Management Studies","volume":"14 1","pages":"39-60"},"PeriodicalIF":1.4,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"68483277","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}