Original Research Paper
Y. Hassas Yeganeh; N. Mazloomi; N. Kordestani
Abstract
A combination of structural structures from the perspective of the owners' identity and personality in terms of the effect it can have on performance. Stocks follow different and different views of a company. Recent changes in the insurance industry and the privatization of insurance companies and their ...
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A combination of structural structures from the perspective of the owners' identity and personality in terms of the effect it can have on performance. Stocks follow different and different views of a company. Recent changes in the insurance industry and the privatization of insurance companies and their entry into the stock exchange have brought about a change in the structural structure and shareholders of these companies.The research format is based on the theories of corporate governance, including the agency theory. This article examines the role of institutional investors on the financial performance of insurance companies in Iran. In this research, due to the limited nature of insurance companies, the entire society has been examined and these companies are divided into two groups (shareholders with institutional ownership of more than 50% and less than 50%) and their financial performance is measured by salary efficiency rating. The shareholders and the rate of return on assets and the rate of profit growth have been reviewed. The result shows that the insurance companies that are institutional investors have more ownership compared to the companies that have a lower share. The obtained results can be done by making appropriate decisions for the company and the company.
Original Research Paper
S.Gh. Jalali Naeeni; M. Mahdavi Mazdeh; H.R. Nooralizadeh
Abstract
Deregulation and specifically the cancellation of entry monopoly is one of the most important institutional changes in the insurance industry in the last decade. In most countries of the world, many researches have been conducted on the analysis of the effect of institutional change on the industry. ...
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Deregulation and specifically the cancellation of entry monopoly is one of the most important institutional changes in the insurance industry in the last decade. In most countries of the world, many researches have been conducted on the analysis of the effect of institutional change on the industry. However, according to the survey, institutional changes and efficiency of Iran's insurance industry have not been studied together. While quickly reviewing the concepts of institutionalism, this article analyzes the privatization and efficiency of Iran's insurance industry during the years 1382 to 1389 by devising a two-step method by combining the mathematical planning method with the statistical method. In the first stage, for the first time, the efficiency of insurance companies has been calculated in a more realistic way by using data envelopment analysis with non-deterministic output (steady optimization). In the second stage or performance analysis, generalized estimator equations were used to examine other correlated variables that were not used in the coverage analysis model.
Original Research Paper
S. Beik Mohamadi; E. Abbasi; A. Daghighi Asli
Abstract
The purpose of this article is to propose a practical model for insurance-bank companies in Iran. For this purpose, by examining successful companies in the world, four common insurance-bank models are examined, and the tools for the feasibility of implementing these models have been surveyed using the ...
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The purpose of this article is to propose a practical model for insurance-bank companies in Iran. For this purpose, by examining successful companies in the world, four common insurance-bank models are examined, and the tools for the feasibility of implementing these models have been surveyed using the TELOS method. Also, the three components of types of products, service provision and the bank's income method have also been investigated for each of the models. The data analysis method is the Analytical Hierarchy Process (AHP) and its tool is Expert Choice software. The results show that from the point of view of experts, the bilateral cooperation contract model between bank and insurance is a suitable model for insurance-bank companies in Iran. According to experts, in this model, it is better to offer non-life and banking related products as a group with the market of bank employees and insurance policyholders. In this model, the income bank is involved in the commission of the issued insurance policies.
Original Research Paper
M. Isanloo; F. Fooladgar
Abstract
Insurable benefit is a relatively unknown concept in Iranian law, which is limited only to damage insurance and in the field of personal insurance, according to Article 23 of the Iranian Insurance Law approved in 1316, the criterion of satisfaction of the insured has been replaced by the concept of insurable ...
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Insurable benefit is a relatively unknown concept in Iranian law, which is limited only to damage insurance and in the field of personal insurance, according to Article 23 of the Iranian Insurance Law approved in 1316, the criterion of satisfaction of the insured has been replaced by the concept of insurable benefit. This is despite the fact that in English insurance law, the concept of insurable interest is emphasized as the basic principle of insurance - both in personal insurance and damage insurance - and the alternative criterion, the satisfaction of the insured, has not been so favored by the judicial procedure and laws of this country. British insurance law has been paying attention to the dimensions of this concept and the guarantee of its implementation for more than a century, and considerable literature has been formed in this country's law, both in the economic aspect and in the legal aspect. While Iran's insurance law, like French law, despite emphasizing the necessity of benefit in damage insurance, there is no provision regarding the guarantee of its absence in the contract. This article aims to emphasize on the necessity of insurable interest not only in damage insurance but also in the field of personal insurance with a comparative approach, and on the other hand, according to the foundations of the country's legal system, to clarify the guarantee of the lack of interest in the insurance contract.
Original Research Paper
M. Motevaseli; Gh. Mahdavi; Y. Mirzaei Pari
Abstract
The lack of growth and development of life insurance has always been one of the issues facing the insurance industry. Therefore, it seems necessary to use a comprehensive approach to investigate the various dimensions of this problem. Therefore, according to the comprehensiveness of the institutional ...
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The lack of growth and development of life insurance has always been one of the issues facing the insurance industry. Therefore, it seems necessary to use a comprehensive approach to investigate the various dimensions of this problem. Therefore, according to the comprehensiveness of the institutional approach, this approach is the scientific and field basis of the current research.The purpose of this study is to identify institutions and businesses that support life insurance in Iran, based on the institutional approach. In this research, while reviewing the literature and explaining the concepts related to the institutional approach, especially the four-level model of Williamson's institutional analysis, institutions and businesses active in the American and Indian life insurance markets were studied, and the information obtained from this stage became the basis of the field part of the research. . In the field section, the information obtained through the interview method was collected and analyzed through the open and axial coding method. Finally, the main findings of the research include institutions and businesses active in the countries under study, institutions affecting information symmetry between the insurer and the insured, businesses that can be outsourced, and institutions and businesses required by the Iranian insurance market.
Original Research Paper
Kh. Abili; M. Zare Khalili
Abstract
Considering the importance of social capital and knowledge management, this research was conducted in order to study the relationship between social capital and knowledge management in an insurance company using a descriptive-correlation method. To collect data related to social capital and knowledge ...
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Considering the importance of social capital and knowledge management, this research was conducted in order to study the relationship between social capital and knowledge management in an insurance company using a descriptive-correlation method. To collect data related to social capital and knowledge management, researcher-made questionnaires were used, the validity of which was confirmed by experienced professors in this field, and their reliability was obtained through Cronbach's alpha coefficient of 0.84 and 0.80, respectively. Pearson's correlation and stepwise regression tests were used to analyze the data. The results of Pearson's correlation test indicated that there is a positive and significant relationship between organizational social capital and knowledge management. In addition, the results of the correlation test showed that all components of social capital have a positive and significant relationship with knowledge management. The results of the regression analysis also indicated that among the components of social capital, the four dimensions of networks, trust, relationships and mutual understanding as predictive variables have the criteria to enter the final regression equation to explain the changes in knowledge management (criterion variable). And the components of commitment, values and cooperation were removed from the equation due to not having a significant contribution in predicting knowledge management.
Original Research Paper
H. Dehghanian; E. Saboor; A.R. Hojati
Abstract
Organizational justice refers to employees' feeling and perception of fairness and equality in working behaviors and relationships. Organizational commitment is an important factor for predicting people's willingness to survive the organization and prevents the waste of funds. Therefore, the present ...
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Organizational justice refers to employees' feeling and perception of fairness and equality in working behaviors and relationships. Organizational commitment is an important factor for predicting people's willingness to survive the organization and prevents the waste of funds. Therefore, the present study examines the relationship between the components of organizational justice and organizational commitment. The target society is an insurance company, among the 1270 personnel of the company's central buildings and branches in Tehran, 295 were selected as a statistical sample in a stratified random manner. Organizational justice is the independent variable and organizational commitment is the dependent variable of this research. Each of the two concepts of justice and obligation have three dimensions. This research consists of one main hypothesis and nine sub-hypotheses. In order to fulfill the research objectives, after conducting library studies, through field study and preparation of questionnaires, the required data were collected and then the main and secondary hypotheses were tested through Lisrel and SPSS statistical software. The findings show that the main hypothesis was confirmed and among the sub-hypotheses, only the fifth sub-hypothesis was not confirmed and 8 other hypotheses were confirmed. The findings of the research show that there is a significant and positive relationship between organizational justice and organizational commitment, and the greater the commitment to organizational justice among managers, the higher the organizational commitment of employees.
Original Research Paper
F. Barzideh; I. Parizadi; A Ahmadi Zadeh
Abstract
Designing a system that is able to predict the financial incapacity of insurance companies is one of the most important tasks of the insurance supervisory body of any country, but despite the fact that there are many models and systems designed for this purpose in the world, due to the specific limitations ...
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Designing a system that is able to predict the financial incapacity of insurance companies is one of the most important tasks of the insurance supervisory body of any country, but despite the fact that there are many models and systems designed for this purpose in the world, due to the specific limitations related to the insurance industry of Iran, it is possible to use There are no such models in Iran's insurance industry. However, it is necessary to have a system that can at least evaluate the financial health or financial ability of companies and inform the legislative body. The prerequisite for providing such a model and system is to identify the factors affecting the health and financial stability of insurance companies in the first place. In this article, the number of 24 financial variables affecting financial health extracted from the subject literature in the form of five factors of capital adequacy ratios, profitability ratios, liquidity ratios, operational and risk-taking ratios and other basic factors have been identified and the significance of their relationship with the dependent variable of financial health with tests Nonparametric and parametric statistics have been tested. The results showed that all five factors are effective and significant. However, at the level of each of the ratios, out of the total of 24 investigated ratios, 15 ratios were found to be significant.
