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ارائه الگویی برای تبیین رابطه بین سرمایه اجتماعی و هزینه سرمایه | ||
حسابداری سلامت | ||
دوره 9، شماره 1 - شماره پیاپی 23، فروردین 1399، صفحه 61-77 اصل مقاله (472.58 K) | ||
نوع مقاله: مقاله پژوهشی | ||
شناسه دیجیتال (DOI): 10.30476/jha.2020.72766.1244 | ||
نویسندگان | ||
دکتر مهدی صفریگرایلی* 1؛ دکتر یاسر رضائیپیتهنوئی2 | ||
1دانشیار، گروه حسابداری، واحد بندرگز، دانشگاه آزاد اسلامی، بندرگز، ایران | ||
2استادیار، گروه حسابداری، دانشکده ادبیات و علوم انسانی، دانشگاه گیلان، رشت، ایران | ||
چکیده | ||
مقدمه: سرمایه اجتماعی مفهومی است که در کنار سرمایههای انسانی و اقتصادی به آن توجه میشود. انتظار میرود سرمایه اجتماعی از طریق بهبود اعتماد متقابل موجب افزایش مشارکت سرمایهگذاران در بازار سرمایه و کاهش هزینههای تأمین مالی شود. روش پژوهش: این پژوهش از لحاظ هدف، کاربردی و از نظر نحوه گردآوری داده، توصیفی-همبستگی است. پژوهش حاضر با استفاده از روش معادلات ساختاری به بررسی رابطه بین سرمایه اجتماعی و هزینه سرمایه شرکتهای پذیرفتهشده در بورس اوراق بهادار تهران پرداخته است. برای سنجش هزینه سرمایه از سه روش شامل الگوی اوهانلون و استیل، الگوی قیمتگذاری داراییهای سرمایهای و نسبت سود به قیمت سهام تعدیلشده صنعت و برای اندازهگیری سرمایه اجتماعی از پرسشنامه ناهاپیت و قوشال استفاده شده است. یافتهها: پس از اطمینان یافتن از برازش پذیرفتنی الگوهای اندازهگیری و ساختاری پژوهش، نتایج پژوهش حاکی از آن بود که سرمایه اجتماعی موجب کاهش هزینه سرمایه میشود. بحث و نتیجهگیری: با توجه به نتایج پژوهش حاضر، پیشنهاد میشود سرمایه اجتماعی بهعنوان محور اصلی مدیریت در شرکتها مورد توجه قرار گیرد. همچنین، برای ارتقا سرمایه اجتماعی توصیه میشود برنامههای متنوعی، نظیر تشویق به ایجاد و تقویت نهادهای اجتماعی، در نظر گرفته شود. | ||
کلیدواژهها | ||
الگوی اوهانلون و استیل؛ الگوی قیمتگذاری داراییهای سرمایهای؛ سرمایه اجتماعی؛ نسبت سود به قیمت تعدیلشده صنعت؛ هزینه سرمایه | ||
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مراجع | ||
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