پژوهشنامه اقتصاد و کسب و کار
سال دوم شماره 1 (پیاپی 2، زمستان 1389)

The aim of this study is to investigate the level of technical-knowledge and behavioral empowerment of employees at Cultural and Recreative Organization of Esfahan Municipality (including education, experience , technical skill, effective communication, selfmotivation and self-nonitoring, dimensions). Survey on all employees of Cultural and Recreative organization of Esfahan Municipality including formal staff, contract corporate and consultative (in total 716 people). Based on Kerjcie and Morgan table, 252 samples were obtained and randomly classified among the organization was elected vice. The data collection tool was, a questionnaire consisting of the standard ones of sybria shrink emotion intelligence and sussman, krivonos communication and snyder self-monitoring and researcher-designed questionnaire to measure the dimensions of knowledge and technical empowerment. The content validity was confirmed by the experts. Its reliability was calculated through Cronbach,s alpha coefficient and 0.85 was confirmed. The results was analyzed using spss software and using descriptive statistics and t-test, independent t, Tukey one-way ANOVA of variance statistical analysis . The results showed that the level of capability of the employees in components, education, experience, technical skill, effective communications, self-motivation was above average while in self-monitoring was under average. Moreover in dimensions of gender, years of service and type of their employment, no difference was observed at the level of empowerment, but occupation of B. A holders was more congruous with their education in comparison with the diploma holders.

The purpose of this study is to investigate the relation between Intellectual Capital,Financial Flexibility and Financial Performance. Using data drawn from 73 Iraniancompanies listed in Tehran Stock during 2003-2008, the authors construct regressionmodels to examine the relationship between Intellectual Capital, Financial Flexibilityand Financial Performance. The results support the hypothesis that firms’ intellectualcapital has a positive, significant and strong impact on financial flexibility (Free cashflow and Operational cash flow). In addition, evidence is presented that intellectualcapital has a positive impact on financial performance (return on assets and cumulativeabnormal assets) but intellectual capital does not have a positive impact on sustainedcapital. Also evidence is presented that the relationship between intellectual capital andfinancial flexibility is stronger than the relationship between intellectual capital andfinancial performance.

The intelligence is not the main factor to gain achievement for the entrepreneurialmanagers as basic operators of the economic world. But ability to understand and controlof emotions plays very important role on it. Entrepreneurial managers can decrease theirpersonal conflict by recognition and handling of their emotions and also they can makeeffective relationships by recognition about others emotions and eventually they are morecreative managers than other ones, by building better relations and more useful recognitionof their environments. So, because of important of emotions, the influence of emotionsin success of entrepreneurial managers in Rubber and Plastic Industries has beenstudied, in this research. The emotional intelligence was measured by Shrink Questionnaireand entrepreneurship was measured by entrepreneurship questionnaire. This researchis the cross-sectional research and its research’s method is the survey. To study ofcorrelation of variables has been used Spearman Correlation Coefficient and for influenceof five dimensions of the emotional intelligence on entrepreneurship has been used StepwiseMultiple Regression. Results of analysis by SPSS software have showed that thereare the significant relationship between the emotional intelligence and the entrepreneur ship. Results also have showed that the entrepreneurial managers with high grade for theemotional intelligence can understand emotional conflicts, like the conflict between independenceand encourage others to participate. So this kind of managers can have gooddeal with these conflicts, hence they can be more successful than other managers.

The road transportation system is responsible for goods and passenger transfer. One ofthe main problems in goods transportation section is the increasing consumption of gasoil.So due to the high consumption each year, the government has to allocate specificbudget to import gasoil. This thesis assesses the cost-benefit of elder heavyduty vehiclereplacement with new vehicles in three different scenarios from the government’s pointof view. The scenarios investigate the replacement of old heavy duty vehicles with domesticproducts, imported vehicles and the combination of domestic products and importedvehicles respectively for a period of five years. According to the overall results, itis understood that from the government's, view replacement of older trucks with domesticand imported products is suitable.

This study examines the reasons for non-realization of developmental budgets of TehranProvince within the first four years of the Fourth Development Plan (87-84) via acase study on: Tehran Province Housing and Urbanizing, Mines Industries Organization,Road and Transportation, Renovating Schools Office. The purpose of this research is toidentify the problems on the way of non-realization of developmental budgets atTehranProvince and identification of obstacles in this regard. Reviewing issues regarding theimplementation of the budget funding, identifying the barriers to the realization of developmentalbudget, identifying obstacles at the operating cost process and attracting the officials' attention to the organizational and administrative capacities to support the implementationof the budget are the other concerns. Research methods used here is the surveymethod and data collection instrument is a questionnaire that its content validity is confirmedby the experts and its reliability is calculated through Cronbach alpha as 0.9657 inthis study. Statistical community includes the Financial Department, Housing and Urbanizing,Mines Industries Organization, Road and Transportation, Renovating Schools Officestaff at Tehran Province. The sampling technique is based on the organizational conditionsand depends on credit, budget, inventory departments staff and the headquartermanagers totals to 53; One-way ANOVA and Spearman Correlation Coefficient Formulewere applied. The findings of this research show that there is a significant correlationamong the independent variables (delay in budget allocation, bureaucracy, predeterminedschedules, inner-organizational structural problems, inappropriate evaluation of developmentalbudget) and non-realization of developmental budget or the delay in implementationof this budget. This research shows the operating cost process variable is the most influentialfactor in non-realization of developmental budget and/or delays in implementingthis budget in the organizations under the study.

Any decision on investment is considered as one of the most important decisions in termsof financial management. Since, the future benefits could not be certainly determined,investment necessarily bears risk. Therefore, it has to be evaluated through its expectedvalue and the level of risk. As a result, deciding on investment indicates total assets of acompany together with the composition of such assets and business risk in the eyes of theinvestors.This paper tends to study the relationship between the net operating asset and the sharereturns in the companies subscribed in Tehran stoke exchange during 2001 and 2008.This study can contribute to the investors and users in the best selection of shares groupout of various shares of stock

Accounting information that is used by most of investors and creditors is very importantfor their decision making. Information about accepted companies in stock market gets revealedannually to public for decision making. So in this research, due to the importanceof information and the disclosure of information by companies and its effect on the priceof the stock, the relationship between the level of disclosure and the fluctuation of theprice of stock of the companies accepted in stock market.Statistical society of this research was chosen between accepted companies in stock marketwhich were 448 by the end of 2008. Statistical sample includes 72 companies whichwere chosen randomly from the statistical society.This research includes one question, one theory. For accumulating different variables ofthis research the available information of the Tehran’s Stock Market Organization wasused and for examining the theory the index of Pierson relativity was used. By noticingthe analytical statistics the research questions were answered and by examining the theoryat 95% of security level the main theory of this research was confirmed and the result obtainedshowed a meaningful relationship between disclosure of accounting informationand fluctuation of the stock price.