Value-Based Organization and Value Creation: Analyzing the Mediating Role of Work Ethics (Case Study: Knowledge-Based Companies, Tehran Science and Technology Parks)

Value-based organization relies on values to create value, values that translate the expectations of the organization''s stakeholders. The purpose of this study is to investigate the effect of value-based organization on the value creation in Knowledge-based companies with the mediating role of work ethics. The statistical population of the study included 530 managers of Knowledge-based companies of Science and Technology Parks in Tehran, of which 222 people were selected using Cochran''s formula as an example. The standard researcher-made questionnaire was used to measure the research variables and the reliability of the questionnaire was confirmed by Cronbach''s alpha. After analyzing the data by PLS software, it was found that the value-based organization, both directly and through ethic values as one of the values emphasized by the organization, causes the value creation and improves the relationship of the organization with the stakeholders related to the communication network. Compliance with ethical issues and organizational values improves the image of the organization in the eyes of direct and indirect stakeholders and strengthens the future of the organization. Also, upstream organizations are expected to provide a way to create more and more value for knowledge-based companies in order to resolve conflicts of interest and comply with ethical issues in the business network.